The Gemini DeepMind Team discusses Bill Cara's response to the Gold doomsayers that populated the media following Friday's heavy selling of precious metals
Rather than being in a gold bull market, we could be in the early innings of a Western, debt-based collapse and massive sea change toward a more multi-polar and mercantilist global economy. While not certain, the implications of this could be life changing if one were to allocate your portfolio accordingly. I am assigning a probability to both scenarios amd positioning accordingly
Massive selloff Friday attributable to options expiration, CME margins raising, and disconnect between london price fix against rise of physical demand in NY and Shanghai.
Rather than being in a gold bull market, we could be in the early innings of a Western, debt-based collapse and massive sea change toward a more multi-polar and mercantilist global economy. While not certain, the implications of this could be life changing if one were to allocate your portfolio accordingly. I am assigning a probability to both scenarios amd positioning accordingly
Massive selloff Friday attributable to options expiration, CME margins raising, and disconnect between london price fix against rise of physical demand in NY and Shanghai.