.......China's Shanghai SSE Index Is IMPLODING
.......China's Shanghai SSE Index is IMPLODING, see http://finance.yahoo.com/q/bc?s=000001.SS&t=1y&l=off&z=m&q=c&c=. Ignore the noise!
The deflationary bust is obvious from looking at the Shanghai SSE Index, which is down -45%+ since a Cyclical Bear Market began in October 2007.
.......http://www.JoeFROCKS.com/ .
HUI NEM XAU
The deflationary bust is obvious from looking at the Shanghai SSE Index, which is down -45%+ since a Cyclical Bear Market began in October 2007.
.......http://www.JoeFROCKS.com/ .
HUI NEM XAU
Labels: Gold
posted by Joe Ferrazzano at
11:53 AM
1 Comments:
The world's central banks are obviously trying to inflate the world's economy out of massive deflation not inflation.
It'll take time to do so, and, in the mean time an 18 monthish gold/commodities Cyclical Bear Market will occur, in which gold should fall to it's primary multi year trendline at $500ish.
By
Joe Ferrazzano, at 12:24 PM
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