■In France and Italy they already start doing capital controls.
■The RUSSEL 5000 is at record high P/E ratio.
■Wallstreet manipulates gold derivatives by selling them to keep the physical gold price artificially low, however by the end of the year they could settle the trades and will lose tons of money, as the physical gold price could go up by the end of the year!
■Japan's debt is now getting really uncontrollable, they print alot of money, yet their economy still stagnates.
In short global economy is fucked and prepare for
HYPERINFLATION!
Keiser Report: Deadly Sales (E737)
https://www.youtube.com/watch?v=MCHJto7UNtwKeiser is an idiot for one.
Yes P/Es are high, but with so much QE, money has to go somewhere, bonds are also at record prices.
If they want to control the price of gold, the price of gold will do what they want.
Japan has been screwed for 20 years, and will be for the next 20 years. They still basically borrow for free and can print as much as they need.
The world is entering deflation at the moment, that is the opposite of hyper-inflation!