I think we are in for downside surprises in all markets...in addition to a lot of false breaks. This is one of them IMO. And if that is the case, its NOT good for any inflation asset.
Friday, September 17, 2010
Tops are all around us...
People are convinced that certain things will happen - like inflation or hype-inflation. The gold chart shows that people think that the new currency is gold and that QE means gold to infinity...
I think we are in for downside surprises in all markets...in addition to a lot of false breaks. This is one of them IMO. And if that is the case, its NOT good for any inflation asset.
I think we are in for downside surprises in all markets...in addition to a lot of false breaks. This is one of them IMO. And if that is the case, its NOT good for any inflation asset.
