Loading ...For Chuck
Hot off the press and very, very good IMHO. Ties in with your currency outlook.
“A trillion of NPL’s here, and a trillion of NPL’s there, and pretty soon you’re talking some real money.”
World Faces Wave of Epic Debt Defaults, Fears Central Bank Veteran – Jan 2016
I’ve been watching the European banks for some time now (since Northern Rock collapsed in the UK many years ago in fact). This is a very, very big deal, and could explain the Dollar and gold rising together (but gold would explode in currencies like the Euro and GBP).
Even this man sees skyrocketing dollar and hold up with it…
That is the mystery. If the dollar goes up what happens to gold?
Maybe a fake out really hard backtest comes scaring the crud out of the gold bulls and then a gold launch?
And thanks Jenkins!