It is 1932 All Over Again
The most popular trade following a “Death Cross” is a flee from stocks and equities into hard assets and deflation-resistant debt obligations.
Gone are the days that a mining company could buy acreages of land to find just one valuable metal.
The most popular trade following a “Death Cross” is a flee from stocks and equities into hard assets and deflation-resistant debt obligations.
Whether you are a believer in the conspiracy theory or just see an excellently formed trend in the metals market, you have a great chance to turn it around for a profit.
The pledge to reduce debt, cut spending, and promote economic growth was nothing more than a pledge.
Peter Warburton: The debasement of world currency: It is inflation, but not as we know it
By Peter Warburton
April 9, 2001
More than 20 years ago, I was a research officer in a forecasting unit at the London Business School. We called ourselves international monetarists then and we had a model that determined the inflation rate from the [...]
