doubt those events happening at those prices, because if all (global/usa bonds, global/usa stocks, gold, energy, and i suppose the author also meant to write real estate) all fall from basically current prices, meaning cash rises against all of them, question, why would anyone be happy to hold cash at current pricing, meaning at negative interest rate?
the central banks will eventually lose, but i doubt at this particularly juncture
the fed will defend the empire to the last drop of ink and final shred of paper - when desperate, all central banks will force a systemic reset via declaration of new paper money, and if/wen so, gold zips up, surely, i figure, else history ends
the happening of everything drops against paper money would be singular at the end game of a currency regime, and we are at the onset of the end game of usd being the sole global reserve currency, and ny being the heart of planet finance
the end game may play over 10-15-20 years, but end game is just and only that, the ending |
