The trend managers know the end result of a flagging economy will be more devaluation. As a result, short positions used to control must be reduced, preferably into weakness before the next round of stimulus and quantitative easing. The stock market is giving a very strong signal that cannot be ignored for long.
Devaluation, which is equivalent to the revaluation of gold, used to mitigate the excessive debt burden from the prior expansion is not deflationary. Hyperinflation, and the build up to it, is a product of dire economic conditions and the official currency response to it.
Paper Gold ETF (GLD):
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