from KingWorldNews:
Norcini has been stunningly accurate in his predictions of the movement in the gold and silver markets. Now the acclaimed trader discusses these incredibly important developments in key markets: “You cannot create the kind of money the world is printing and not have any repercussions, no impact, no consequences whatsoever. It simply defies everything we have ever learned about economics.
The mindset in the West is that there is no inflation regardless of what the central banks are doing with the money creation. Today lumber futures made a 7 month low. That collapse in price is startling considering the US is supposed to be on the mend with regards to housing.
But as a result of slumping commodity prices such as lumber, demand for paper gold has been falling….
John Embry continues @ KingWorldNews.com
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Norcini has been stunningly accurate in his predictions of the movement in the gold and silver markets. Now the acclaimed trader discusses these incredibly important developments in key markets: “You cannot create the kind of money the world is printing and not have any repercussions, no impact, no consequences whatsoever. It simply defies everything we have ever learned about economics.
The mindset in the West is that there is no inflation regardless of what the central banks are doing with the money creation. Today lumber futures made a 7 month low. That collapse in price is startling considering the US is supposed to be on the mend with regards to housing.
But as a result of slumping commodity prices such as lumber, demand for paper gold has been falling….
John Embry continues @ KingWorldNews.com
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