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Siva108

8,713 Posts.

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16/08/19

16:18

Post #: 40019410
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Originally posted by Menta: ↑

Bond yield inversions forewarn of a global recession. Asset bubbles were fuelled by cheap and easy credit but deflationary forces globally are intensifying so a systemic financial collapse is becoming increasingly likely. Only this time central banks and governments have become powerless to prevent the looming deflationary crash. Virtually all assets are set to deleverage and plunge, including gold, as investors sell everything and anything to pay off debts and rush to cash. Looking at the charts gold should fall back to at least its 2002 low of around $250 over the next few years (but this will still be better in relative terms than stocks, bonds and other risk assets).

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What a joker - $250! Pathetic post really...
8 Upvote

0 Great analysis

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