With bond markets in full panic and the price of gold surging above $1,500, Albert Edwards just warned about what the next phase of the global “Ice Age” will look like.
The Global “Ice Age”
August 7 (King World News) – Albert Edwards, Former Global Strategist at Societe Generale: “Many investors simply cannot countenance the possibility the Fed will take Fund Funds negative. The charts suggest otherwise. I’m with the charts. The intensification of this currency war will force the Fed to act to to keep pace with the ECB, even against their better judgement. Negative yields and a currency was always what the next phase of The Ice Age will look like. The final phase will see US yields converge with the Eurozone below zero accompanied by a huge decline in the equity market as global economy plunges into a deep, deflationary recession.”
The Truth Is Finally Coming Out
Fred Hickey: “The truth is finally coming out – “The cleanest shirt” is not the US dollar, nor the yen or Swiss franc – and it’s not even dirty – it’s shiny (Gold)!…
One of the great gold opportunities and you can take a look at this remarkable company and listen to the just-released fantastic interview with the man who runs it by CLICKING HERE OR BELOW
US 10-Year Yield Collapsing
Holger Zschaepitz: “US 10y yield briefly drops below 1.6%, 30y yield nears record low as collapse in rates accelerates. (See below).
US 10-Year Yield Collapses To 1.6%!
Meanwhile, In Switzerland…
Jeroen Blokland: “Switzerland’s 50-year bond yield is now at -0.25%! (See below).
Switzerland’s 50-Year Bond Yield Collapses To -0.25%!
Jeroen Blokland: “Gold $1,500! First time since April 2013. (See below).
For First Time Since 2013 Gold Surges Above $1,500!
“Everyone Will Be Buying Gold & Silver”
Peter Schiff: “The Reserve Bank of New Zealand’s 50 basis point rate cut, to a record low 1%, simply to prevent the N.Z. dollar from strengthening, and the costs of living from rising too slowly, was insane. Central bankers have lost their minds. Soon everyone will be buying gold and silver!”
Graddhy out of Sweden: “We got the backtest in the form of a bull flag to my large double bottom and today we have the longed for breakout out of the bull flag. Beautiful stuff. Could not ask for more really. Developing perfectly. Just loving it. (See below).
Silver Breaks Out Of Bull Flag…Now Above $17
KWN will be releasing many articles today…For now
Gold Surges $30 But Look At What Is Getting Scary
READ THIS NEXT! Gold Surges $30 And Silver Is Soaring More Than 4% But Look At What Is Getting Scary CLICK HERE TO READ
The KWN audio interview with Egon von Greyerz has been released and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
More articles to follow…
In the meantime, other important releases…
Kyle Bass – It’s A MASSIVE “Can’t Pay,” Plus Expect This To Propel Gold Even Higher And One Of The Reasons Gold Is At 6 Year Highs CLICK HERE TO READ
Gold Will Surge Another $225, Another Day Another Record, Plus A Stunning Chart CLICK HERE TO READ
Expect Big Upside Moves In The Gold Market To Continue, Insanity, Plus The Chart Of The Day CLICK HERE TO READ
Michael Oliver Just Predicted This Will Crash The Stock Market And Act As A “Super Charger” For Gold CLICK HERE TO READ
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