“Macroeconomic researcher Rob Kirby thinks the world is well on its way to much higher inflation. Kirby explains, “Some people say there is a dollar shortage in the world. I do not believe there is a dollar shortage. I think we are seeing evidence that there are too many dollars in the world, not too few. Look at real estate prices around the world. In Canada, they are at record levels. In America, they are at record levels. Real estate prices are at record levels in Britain. There are record levels in Australia. They are at record levels in China. This is not what you’d expect in an environment where there are too few dollars. We are seeing the equity markets rally day after day and make new all-time highs. These are not the kinds of things you see when there are too few dollars. In my view, this might be the thin edge of the wedge of a crack-up boom. Money is getting to the street because money is being taken out of dark pools on the dark side of the U.S. Treasury and is being injected into the market place as bonds are being sold off and redeemed. The world is flush with money, extremely flush with money.”
So, is this the reason some of the biggest money managers and investors on the planet are talking about moving money into gold and silver? Kirby, who sources gold and silver by the ton for clients, says, “These people are very perceptive. These people are aware that there are too many dollars chasing too few things, and they realize what they are witnessing around them can’t be happening unless money is being expanded, and money is being expanded around the world. As I say, I believe it’s coming out of the dark side of the U.S. Treasury. This can make things very unstable going forward. If you produce too much money, you run the risk of triggering a hyperinflation. If we do end up in a hyperinflationary event, the price of metals will soar. They will soar measured against anything else that goes up in value as well.”
Kirby also thinks that Trump is meeting resistance from both parties because top people are involved in human trafficking. Kirby contends, “There are emails suggesting that vast, vast numbers of highly connected politicos are engaged in human trafficking and possibly pedophilia. To me, there is enough smoke surrounding the issue that there is very likely something to it. My feeling is the powers that be are trying to cripple Trump. Trump has put these people on notice that he’s going to root out these people in human trafficking and in the sex trade. If the allegations are factual, this would be a reason why both sides of the aisle are showing animosity towards Trump and his agenda. There are some people with good track records who say some very, very big names are going to be consumed with this whole issue.” Kirby says the silence surrounding the human trafficking issue, where in the last 30 days more than 1,500 traffickers have been arrested, is deafening.
On the upcoming debt ceiling and the hard stop on March 15th, Kirby says, “If the debt ceiling is not raised, Trump is going to have a very, very hard time conducting his agenda. Also, many of the higher echelons on both sides of the aisle, who could possibly be tainted by the sex trafficking issue, are going to have very little interest in funding Donald Trump’s agenda, particularly if his agenda is outing them for unthinkable acts. So, there is a motivation in officialdom not to give Trump a clean credit card. In all my life, I have never seen the angst, the vitriol and the hate being expressed towards the leader of your country from both sides of the aisle. There has to be a reason for this, and we are seeing things we have never seen before in the history of the U.S.” (There is much more in the video interview.)