A Clash Of Powerful Forces Is Creating Enormous Chaos
KingWorldNews.com
June 9, 2014
As the world continues to move into uncharted territory, today a 40-year market veteran sent King World News an incredibly powerful piece which discusses a clash of powerful that is creating enormous chaos around the world. This is an extremely timely and fascinating piece from Robert Fitzwilson, founder of The Portola Group. Below is what he had to say in this exclusive piece for King World News.
By Robert Fitzwilson of The Portola Group
June 8 (King World News) – A Clash Of Powerful Forces Is Creating Enormous Chaos
Last week, we presented a chart that showed the CPI for urban wage earners over the last 60 years. What was shocking, frankly, is that nothing mattered other than credit creation. Changes in prevailing interest rates both up and down had virtually no discernible effect on the steady march higher in prices. Wars, macroeconomic events, crises, the rise and fall of the business cycle, elections, none of it mattered when it came to rising prices….
The Rest…HERE