Be careful with terminology. I know what you meant but he said that gold will decouple from other "commodities" because the collapsing economy will not lead to high prices of things like iron ore. Precious metals (and perhaps Bitcoin) are in a different category.
Yes indeed. Thanks for the clarification. I need some more caffeine, still early morning in Greece.
Frappe? I miss that.
Yep! Frappe it is! Strong one, had about only 3hrs sleep and have a lot of lab work today...
Update:
I have been warning that this turning point is not in markets, it is centered in government. The number of issues coming to a head are just mind-blowing from the Catalonia vote to separate from Spain to the resignation of Boehner with non-politicians leading not just in the USA, but everywhere. The elections in Greece was most likely the last vote for any political establishment since the Greeks do not expect any promise to be kept.
Yet today just may mark a very strange event that might be extremely important. Today, Russia gave the US 1 hour notice and began bombing both ISIS and rebels seeking to overthrow the Syrian government. It is extremely curious that this beginning precisely on the day of the ECM. Will this prove to be the start of international war?
http://www.armstrongeconomics.com/archives/date/2015/09
PS: Frappe works!
