Steen Jakobsen: Now Is The Time To Be In Capital-Preservation Mode

So what Jakobsen is basically saying is what I've been pounding the table on for a while: the all-everything bubble of both equities and bonds (and by extension, real estate since it's collateral) will burst, which is bullish for this asset class: "As for a longer view, he predicts commodities will be one of the best asset classes to own over the next five to ten years."
Got gold?

https://www.peakprosperity.com/podcast/113849/steen-jakobsen-now-time-capital-preservation-mode

Time To Lay Low

t may be prudent to wait another two weeks to BTFD in gold and silver, coinciding with the manufactured employment data from the BLS on October 6. The big bullion bank SHORTS are taking out the speculative LONGS in a body bag with the latest wash-and-rinse cycle, targeting stops at the moving averages. If readers don't understand what I just posted, you shouldn't be trading in and out of stocks--or anything, for that matter.  It's a rigged casino, and we're not part of the Club.

Instead, keep accumulating physical gold and silver on the dips. At least 10% of your savings should be in physical precious metals. As for the other 90%, I'll leave it to the Wall Street casinos to give counsel on that.

https://www.tfmetalsreport.com/blog/8573/time-lay-low

One Major Firm’s Chief Investment Strategist Just Said It’s Time To Own Gold, Silver And Other Hard Assets

Saut is a well-respected analyst in the mainstream financial community.  Typically, he's a cheerleader for equities and not a fan of gold.  However, he has recently turned bullish on real assets, including gold.  I don't think he fully understands the precious metals markets (after all, he is part of Wall Street status quo), but he definitely has an eye for market timing and fundamental analysis.

http://kingworldnews.com/one-major-firms-chief-investment-strategist-says-its-time-to-own-gold-silver/

Bridgewater Calculates How Much Time Central Banks Have Left

http://www.zerohedge.com/news/2016-09-27/bridgewater-calculates-how-much-time-central-banks-have-left

Ok fine, central banks are "running out of road", however at the same time they are terrified to rip (or even peel) the band-aid off. This has put the system in an unstable equilibrium: on one hand, central bankers - as even they admit - need to hand over the growth impulse over to governments, yet on the other hand, they terrified of even the smallest change to the status quo as they know they may undo some 7 years of "wealth effect" creation overnight.

How much longer can this charade continue?

While many would be quick to answer "indefinitely" that is not true, because with every bond, ETF or stock, purchased by central bankers they come to the point where they either monetize the entire lot, or they increasingly impair the functioning of the capital markets (just ask the dozens of marquee hedge funds that have shuttered in recent years).

Luckily, in a recent analysis, Ray Dalio's Bridgewater asked precisely this question, and even better, provided the answer to how much time is left until both the ECB and BOJ hit the limits on their existing programs. 

As the chart below shows, assuming no changes to existing programs, the ECB and the BOJ, the two central banks most actively monetizing debt currently, have 8 and 26 months respectively, if they do no changes to their programs. 

However, if incremental easing is layered on, like expanding the scope of their bond buying programs or purchasing equities even more aggressively, the total rises substantially. The final answer: 68 months, or just above 5 and a half years,  in the case of the ECB, were it to steamroll all political opposition and monetize virtually every possible bond (and 20% of the equity market), and 48 months, or 4 years, in the case of the BOJ.

Peter Schiff: Time Is Running Out, “Crisis Worse Than 2008 Coming”

http://www.shtfplan.com/headline-news/peter-schiff-time-is-running-out-crisis-worse-than-2008-coming_07282016

In A Time Of Universal Deceit, Telling The Truth Becomes A Revolutionary Act

http://kingworldnews.com/in-a-time-of-universal-deceit-telling-the-truth-becomes-a-revolutionary-act/

Time Is Quickly Running Out To Escape The System As The War On Cash Destroys The Last Vestiges Of Freedom

http://kingworldnews.com/time-is-running-out-to-escape-the-system-as-the-war-on-cash-destroys-the-last-vestiges-of-freedom/

Taking Control Of The Time In Which We Live

http://www.peakprosperity.com/podcast/86146/john-rubino-taking-control-time-which-we-live

It May Be Time to Buy Gold…

http://marketauthority.com/public-content/daily-commentary/it-may-be-time-to-buy-gold.html

Time to give up on the CFTC

http://www.24hgold.com/english/news-gold-silver-time-to-give-up-on-the-cftc.aspx?article=4385131668G10020

Ben Bernanke, TIME's Person of the Year

In a sign that the end is near, Federal Reserve Bank Chairman Ben Bernanke was voted "Person of the Year" by Time Magazine. This is ironically similar to President Obama winning the Nobel Peace Prize--and then ordering 30,000 more American troops into Afghanistan.

http://www.time.com/time/specials/packages/article/0,28804,1946375_1947251,00.html

Bernanke, along with former Fed Chairman Alan Greenspan, have done more harm to the US economy than is fathomable. He may have temporarily thwarted a financial meltdown in 2008, but has only kicked the can down the road, creating the greatest financial bubble in the history of mankind--the US Treasury bond market. This bubble will also eventually burst, as the Fed funds rate can't drop below zero. Instead of preventing such a crisis, he is now credited with saving us. Here is a truer picture of his missteps and missed calls:



Person of the year? I don't think so. This guy missed the call on the biggest real estate and stock market bubble in 80 years--destroying trillions of dollars of wealth in the process. Americans and citizens worldwide are jobless as a result, subject to a reduced standard of living. Yet Bernanke is a hero?