Trade War – Bad for Economy and Health of the World

In this video David Morgan gives his Weekly Perspective for April.

The Trade Deficit Rose to 9.5 year high. Trade War worries seem to be looming over the stock market dragging it down. Despite Trump saying trade wars are easy to win one wins in a Trade War.

Tariffs never work. Talk of China is retaliating. The Trade War seems to be upon us!

Are people willing to put up a deposit of money in which they are guaranteed to lose money year after year? That’s what white papers issued by economists are saying – people will find negative interest rates palatable. David Morgan doesn’t believe people will put up with it despite what economists and the whitepaper says.

“Eating You Alive” is a movie that talks about the food situation and the SAD (standard american diet) that most Americans eat. Sixty percent of Americans are overweight and thirty percent are obese. David feels you should watch it for your own health.

The most important article in the precious metals market was on how easy it was for traders to spoof the market. Basically in spoofing what traders do is set up trades that they don’t intend to go through with just to affect the price in the market.

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