Loading ...We’ve always said that pm’s are the single most important asset in the world – hence the need to keep them suppressed and keep them from indicating that anything could be wrong with the worlds’ fiat system. They have to hold that confidence together.
For some reason, I’m not worried about how pm’s will perform today, other than maybe silver which is beyond my understanding.
Deflation is hitting in a massive way. Look at the price of oil, $43.77. That will wipe out most, if not all, of our domestic production. I don’t think even the Saudi’s do that well there. Putin is the wild card I suppose. Maybe he can figure out a way to barter for his oil.
I’m with Gundlach. One of the few guys I trust on Wall Street, although I think he’s wrong about the 10 year, I think it goes to zero.
“Gold Is Going A Lot Higher” – DoubleLine’s Gundlach Warns Of “Seizure In The Corporate Bond Market”
