The Monetary System Has Overdosed and the Junkies are Warning Us.



In this report, I cover the early market action from London on Tuesday, November 12th, 2019. I look briefly at the precious metals, the stock market, the dollar, the bond market and the price of WTI and Brent crude oil.

Today I cover some comments made by senior people in major financial institutions.

One of them is the President of Deutsche Bank A.G. who warns that the ECB's policy of negative interest rates and QE is hurting savers and also financial institutions like Deutsche Bank.

The other one is Ray Dalio, the Chairman of Bridgewater Associates, who recently also warned that the current monetary system is broken and only benefits the very wealthy who own most of the financial assets in the world.

My conclusion is that when the people who have benefited the most from the current Central Banking policy start becoming critical of that system one needs to take heed and protect themselves by having little to no exposure to the said system.

"The World Has Gone Mad and the System Is Broken" by Ray Dalio:

"Negative Rates Warning: Deutsche Bank Criticizes ECB Policy":

Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at

Support the channel:

MONERO: 443HZ51ibn1MUD65R42hLNj934Cjq9oEbXaZ68UWeKdAg3qmgM6gL2qMnutYDyn8GnZEDf1yvsqkw11wXgrkm4wFDpDk58u
BITCOIN CASH: qzfcsu05c9ephzv8qzl7ysvn4lfclzneescfhre4r5
BSV: qr20w4glrt5urr63c2xrqaxa3ken2qy5hqdxr3kv34
ETHEREUM: 0xfffd54e22263f13447032e3941729884e03f4d58 LITECOIN: LY6a8csmuQZyCsBZbLDTQMRuyLdsW9g2na
BAT "The World Has Gone Mad and the System Is Broken" by Ray Dalio:

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  trending

And let’s face it they will keep feeding this addiction until they can’t. Cheers mike


Yes. To keep the system going, they have to keep printing/creating money.


God help us when it goes wrong and it will eventually. Cheers mike

Thanks for keeping us educated and informed. Yes, it's like the arsonist that thinks its a hero for reporting and putting out the fire. One still has time to pick up some sound money assets.

Your title says it all: 'The Monetary System Has Overdosed and the Junkies are Warning Us.'

Yes, I read Ray Dalio's analysis of the current finical system, which broke down into four main points:

a) Money if is free for those credit worthy and at the top.
b) Government debt. We see the UK parties are promising hundreds of billion of pounds in the current general election campaign.
c) Pension liabilities.
d) Cantillion effect.

Having benefited greatly the system so far, they are now being affected and are complaining. THEY DIDN'T COMPLAIN PREVIOUSLY.


As you said, keep and invest your money outside the central banking system where it cannot be debased.

Just been reading the Italian banks are arbitraging negative interest rates.

Hopefully with more people finally coming out and exposing this the masses will wake up in turn bring this collapse closer 💯🐒