I think that the collapsing metals and share prices of miners is telling everyone that the global economy is not recovering.
We keep getting told of this recovery that is going on, yet the price of metals and shares is going in the opposite direction, a dire world situation is being factored in and I don't like the look of it.
If you want to know why IBG is plumbing the depths then look no further than a potential GFC 2 or the real GFC that we have not had yet.
The world economy will not recover from 0% interest rates and money printing that are inflating the share markets in the US with cheap money that cant be parked anywhere else. All this is doing is encouraging more punters to get into debt and the cycle starts again.
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