I’ll keep this short
1. The dollar is breaking down.
2. Bonds are being shunned.
3. Sentiment is changing from deflationary expectations to inflationary expectations, just as predicted.
It won’t be without fits and starts, but the process is underway and in my opinion is irreversable. We are now in the next inflection point in this unfolding crisis (just when I decide to go on vacation!).
Category: Economics, Global Economics, Hyperinflation, Precious Metals, US Dollar
Agenda – Grinding America Down (5 star!)
It always happens right before vacation, but not to worry this crisis will be here when you get back. Have fun, enjoy and eat too much.
Mark
editor@ccmag.net