January 08, 2018
As we kickoff the new year, this is the real reason why 2018 will be an absolutely terrifying year.
January 8 (King World News) – Egon von Greyerz: “Welcome to 2018 – a year that will be the culmination of at least 105 years of mismanagement of the Western financial system by governments, central bankers and the elite…
2018 will be a year of major volatility in many markets. Stocks are now in a melt-up phase, and before the major bear markets start in virtually all countries around the world, we are likely to see the final exhaustion moves which could be substantial. The year will also be marked by inflation increasing a lot faster than expected. This will include higher interest rates, much higher commodity prices, such as food, oil and a falling dollar. And many base metals will strengthen. Precious metals finished the 2-3 year correction (depending on the base Currency) in 2015 and are now resuming the move to new highs and eventually a lot higher. More on this later.