@Hyperion Silver @DaLatta @Slim Wanderer @Seth Davis @AverageJoe...

@Hyperion Silver
@DaLatta
@Slim Wanderer
@Seth Davis
@AverageJoe
@Ophir

Thanks for the video, very good.

North Korea.......

The real risk with the US is the debt ceiling and missing payment, the biggest purchaser of US Bonds or government debt is China, next to Japan, interesting given that the US want to apply sanctions on China for providing assistance to North Korea. In particular the US wants to apply sanctions on steel imports from China to the US which is more than likely been made from Australian iron ore.

Australian economy and currency will get caught in the cross fire. Australia biggest trade partner is China and its biggest military ally is the US. Australia is a commodity based currency in particular it is driven by iron ore prices.....this would exacerbate the Australian household debt problem which is my belief the biggest risk on the Australian economy if there were a slow down and mass debt defaults. Australian household debt is higher then the US and Ireland before they collapsed.

Long gold and short AUD looks coming into play shortly. Gold in AUD could be going over $2,000+++.

At the same time, they could be a correction in the US if the US government defaults on a payment.

The stakes are getting higher.

Very good PBS front line (US Debt ceiling)


Very good 4 corners (household debt)
http://www.abc.net.au/4corners/stories/2017/08/21/4719901.htm