By Tekoa Da Silva
I had the opportunity once again to connect with Longwave Analytics President, Ian Gordon, for a fascinating conversation. Ian has developed the “Longwave Theory” of perceiving markets and predicting future events, and based on his work, the world is moving into ever more dangerous economic territory.
During the interview Ian spoke about historical paper money collapses, why we’re nowhere hear hitting bottom globally, and why there will be a massive run to gold as the banking systems collapse.
Starting out with, Ian explained that the worst is dead ahead, for the reason that, “We really haven’t been allowed to experience the washing out of debt…total debt in the United States is now $60 trillion…we’re going to see that debt washout occurring as [things] really start to get bad. Also we’re going to see stock prices emulate the bear market between 1929-1932…the worst is definitely in front of us and not behind us.“
“We’re all in the same boat [globally],” he further explained, “and it’s going to be very difficult for any country to be able to survive, because there’s no country that’s going to be able to be resistant to the debt crisis that’s now a worldwide debt crisis.” ...