#MarketMeltdown #GoldRush #CurrencyChaos #PoliticalRisk #SafeHavenFrenzy

Transcript

00:00Global markets are in absolute chaos right now and it all started with politics.

00:05Gold just smashed through $4,000 per ounce for the first time in history.

00:09We're talking about a 50% surge this year alone as investors flee to safety.

00:14Here's why everyone's panicking.

00:15The US government has been shut down for a week with nearly a million federal workers furloughed.

00:19No resolution in sight.

00:20Meanwhile, Japan's new leadership is promising massive spending sprees.

00:23Sending the yen.

00:24In the yen, the yen has turned to six-month lows.

00:30Markets are now pricing just a 26% chance of a rate hike.

00:34And France, their new prime minister literally resigned hours after taking office,

00:38making it the shortest-lived government in modern French history.

00:41The euro immediately tanked.

00:42The dollar is surging against both the yen and euro.