Re Rates
A mate of mine was taught classic banking, back in the ’70’s. He says this super low environment, along with QE/Easy Money was only ever to be considered in an extreme situation and only for a short time until, the problem was resolved.
Here we are 8 plus years later and they are still at it, my mate now says the only way to resolve the situation, as it has now become way more serious, is to revalue Gold, north of 10 K….he is long loads of JNUG and buying more.