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gata.org / By Bill King, The King Report, M. Ramsey King Securities, Burr Ridge, Illinois / September 25, 2015
http://www.mramseyking.com/king-report
The most intriguing aspect of trading on Thursday was the surge in precious metals while stocks tumbled and the dollar declined modestly.
It’s clear to most objective observers that the global economy is contracting. The mitigating factor for bulls is the hope and belief that central banks will increase or reinstitute QE. Obviously this yin/yang has been present for many months and it is the reason for the heightened volatility in markets.
We have argued that the recent sharp decline in global bourses is due to concern that further central bank largesse will not keep economies from contraction.
The post King Report: Central planners fear their liquidity moving into gold appeared first on Silver For The People.