John Risk, US = Stagflation."A mentor of mine once told me that...

John Risk, US = Stagflation.

"A mentor of mine once told me that the market would do whatever it could to cause the most pain to the most people. One way to do that would be to allow deflation to develope over the next two quarters or years, thereby probably affecting many investment classes, before inflation and then stagflation become (hopefully) the end of our perilous journey. Which of course, would be good for gold. If you can hang on in the meantime."
An extract from the End Game written by John Mauldin

Cheers
Barder