GOLD 0.51% $1,391.7 gold futures

Unless that debt deflates (via default, restructure or...

  1. 10,759 Posts.
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    Unless that debt deflates (via default, restructure or deleverage) then we'll have massive debt deflation. In such a rare environment cash is king - at the expense of ALL other assets (from stocks to bonds to real estate to commodities and even gold).
 
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