2024 Market Kickoff: Global Dynamics, Gold Trends & Societal Divides -- John Rubino #5975

The NASDAQ tanked on the first day of 2024 trading. Is it just Apple or is Big Tech going to have a hard year?  How likely is a soft landing? Will the January effect help gold/silver miners this year?  Gold seems to be holding above $2000. What are the odds of an up year in 2024?  Both wars are ramping up. Storm before the calm or the start of WW3? The credibility of Ivy League schools is cratering. Pres of Harvard just resigned (Dilbert comic attached) There's a chart showing births by illegal immigrants now outnumber births by Americans (attached). Is this a form of cultural suicide? In this enlightening discussion, Kerry Lutz and John Rubino dive deep into the first trading day of 2024, dissecting market dynamics, and the halt in the Fed's interest rate hikes. They analyze the ripple effects of complex collapses in China, the US, and Germany while forecasting a bullish trend in the gold market for 2023. The duo introduces the "Inflation Cafe" concept and debates the political and cultural impacts of populism, open borders, and the widening gap between the wealthy and the masses. They scrutinize the controversy surrounding the Harvard president and the college scandals, shedding light on the implications for society. The conversation takes a geopolitical turn, touching on the cultural war and conflicts in Israel and Ukraine, as well as power struggles among global giants. Lutz and Rubino express their apprehension about overvalued stocks, an impending bear market, and the dire state of the housing market due to high mortgage rates. They emphasize the interconnectedness of global crises, the urgent need to combat inflation, and the growing societal discontent. This comprehensive dialogue covers a gamut of pressing issues from financial markets and geopolitical instability to societal challenges, making it a must-watch for those interested in understanding the complexities of the current global landscape.