Self explanatory. Emerging markets currencies keep printing in excess leading to devaluation for over 12 years straight. Needless to say it is now at a key area. (Red Arrow) While it has not been talked about much. This has led to a mini emerging market currency crisis. Turkey Sri Lanka Lebanon Pakistan Argentina Venezuela Egypt Russia Colombia etc.. Adding...
This is publication 3 out of 3. Please give my idea a like if you found it useful. Chart 1: Chart 2: History might not always repeat itself, but it often rhymes. The similarities between these charts are astonishing. The chart on the left shows us how the gold price was setting up before the parabolic bull run in the end of the 1970s. Check out the charts...
Like many market observers, I am expecting a full-blown disaster to come whirling through our economy in the not-so-distant future. It will not be a simple stock market correction - or even a stock market crash. It will be worse than your run-of-the-mill mortgage crisis and is more severe than any sort of typical credit crisis. No, this time it will be a...