Gold – the final bubble, page-4253

If the theory that QE money found their way to EM around the world and Brazil is in recession, then the money has already left this country repatriated back to US. If China, India, SE Asia, Russia also gets a tail spin, where do you think all that USD will end up? Chasing yield play in the US stock market? Compound that with Yen and Japanese QE and to a lesser extend EUR and EZ.