Steen Jakobsen: US Credit Cycle Peaked, Zero Growth Coming to Europe, Gold 1425 by Year End
MishTalk
JUNE 10, 2015
Average Annual Inflation by Decade We need to stop talking deflation and using 1930s comparison on Fed hike. Central Bank Balance Sheets Excuse me? Hard even to see change in ECB balance sheet. Gold will be the best performer in commodity-led rally. We see 1425-1435 by year-end. Positive Gold and negative for US$?
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