MND

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ISM - ARE WE HEADED FOR RECESSION ??

TO MY MIND WE ARE AT AN INFLEXION POINT IN THE BUSINESS CYCLE. THE CURRENT CYCLE IS MATURE AND IT LOOKS PROBABLE A CONTRACTION COULD BE ON THE WAY. REMEMBER BAD THINGS HAPPEN IN A RECESSION; SO LONG GOLD AND SHORT US EQUITIES SEEM A REASONABLE STANCE TO ME AS EARNINGS WILL GET SQUEEZED IF THE BUSINESS CYCLE CONTINUES TO CONTRACT TOWARDS 46 / 47.

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