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Ben Davies: Eurozone, Deleveraging & Gold to Break $6,000
Jun 23, 2012
As our subscribers know, we always link to and recommend reading/listening to Eric King. The quality of the people he interview is truly great and one of the contributers is Ben Davies. Here is what Davies had to say about what is taking place with the tremendous volatility in global markets around the world:
"I think the mini-boom that we had in the nominal gold price, up to $1,900, we’ve been working off that mini-excess sideways. The disinflationary pressures from this concept of credit dying is worrying, and I think it weighs on all assets prices. But gold is doing what it should be doing." Read more...
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