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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (16177)2/29/2016 10:56:38 AM
From: Goose94 of 202925
 
The G-20 meeting during the weekend produced no coordinated statements of policy action. In fact, in my opinion, the press releases suggested a much more ominous tone. Each global central banker to a man/woman indicated that options to stimulate the global economies were close to exhaustion. It would require fiscal reform to generate further structural help. Negative rates are not working. Deflation remains a primary concern. Currency wars will accentuate as countries rush to devalue their currencies to stimulate export growth. It is difficult not to be bullish on gold when you see the total lack of constructive ideas out of the G-20.

By Peter Hug

Message 30475674
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