3 month LIBOR heading up and it will not end well. This time around there is huge debt and interest rates officially at near zero or negative globally. This is going to be serious. BOND crash/Stock Crash and COMMODITIES will go up BIG. Debts are hard to pay with high interest rates ! And therefore money in created… more money supply = large price increase in GOLD/SILVER
http://www.valuewalk.com/2016/08/the-recent-libor-spike-is-bad-news-for-banks/
This is not going to be far off now. In my opinion.
JFI
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