The Lull Before The Storm—–An Ideal Chance To Exit the Casino, Part 1

Last night’s Asian action brought another warning that the global deflation cycle is accelerating. Iron ore broke below $40 per ton for the first time since the central banks kicked off the world’s credit based growth binge two decades ago; it’s now down 40% this year and 80% from its 2011-212 peak. As the man said, […]
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