ES Journal - 2016

Spectre2007 said:
Yen rallying, dumping dollars on world market, gold rallying secondary to dollar dump and thesis world central banks have to debase even more n more as time passes. It's like a no win situation. Normalizing rates, global equity markets shit the bed. And gold still ends up rallying. It's quite ominous the corner CB's have painted themselves into. And all in the name of avoiding the destructive aspect of poor decision making from the micro to macro level. Take a look at some third world countries like Venezuela.

And on even more ominous note, the Zika virus is leading to neurological deficits in adults not just birth defects. It's a mosquito born virus. The summer rolls in and the spread factor will be crazy. Take care of your family and take protective measures.
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The mantra of "inflate or die" was oft repeated on here over the past 10 years. But realistically it will be changed to inflate AND die, as Venezuela is the epitome of central planning run amok and the inevitable outcome of this diseased philosophy.
 
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