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Another Decline in Consumer Expectations Will Help Push The Chinese Off The Fence
Sunday, April 14, 2013 5:08
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Consumer expectations (CE) broke its up trend in January of 2013. CE strong inverse correlation with gold (-0.67) suggests gold’s recent decline is either product of paper engineering, or CE has yet to post its cycle peak. As long as CE remains below its November 2012 peak, the Chinese, well-versed in the games of paper engineering, will be forced from a position of fence sitting…
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2013-04-14 05:00:29
Source: http://edegrootinsights.blogspot.com/2013/04/another-decline-in-consumer.html
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