Loading ...Negative Real Yields and the Forthcoming Paradigm Shift
Some food for thought, the author in next PDF document shows why lower rates will only get us into deeper problems and will not solve the debt problems and/or re-launch the weak economy. That’s why he thinks after next QE that probably will fail a reset could be possible.
Good stuff, Alex.
Reminds me of Antal Fekete’s work (similarly challenging from a paradigm standpoint) years ago on the PM sites. I understood what he was driving at back then (conclusions) but his reasoning always escaped me.
If you ever do manage to locate a proper pdf version, I’d welcome a chance to file away more than a link.
The question for gold bugs, is when will they figure it out?
The concern I have for topping metals, is precisely because some already are — resistance to further cuts by central bankers … still a minority, but growing.
And if they don’t cut. What’s the alternative ?
To many goods chasing demand. then currency denasing ?
Tre metals have risen with dollar. They have risen with they cut or don’t cut
What the metals sniff is something bigger
One of these days, it will be time to pay the piper. Perhaps whatever they do, or not do.
How much MORE FUTURE demand, spent now and billed to the card but not yet even earned, can they pull forward, by dropping rates more? We’re already a planet of zombies and walking dead.
Pedro, I can send you PDF if you like, just send/give me your email
PDF received (and answered)! Thanks!
Perhaps this is a bill that will NEVER come due…
Fascinating read though…