Jose Canseco Says “Everyone Should Be In Gold”, Predicts $1,500 By Memorial Day

Friday, February 12, 2016
By Paul Martin

by Tyler Durden

In the aftermath of the BOJ’s stunning NIRP announcement in late January, virtually everyone had an opinion on what this move of sheer desperation means.

Actually scratch the “virtually” part: as we reported one week ago, none other than famous baseball slugger Jose Canseco opined when he tweeted that “Negative interest rates in Japan is blowing my mind”, rhetorically asking “Who is advising Japan? Forcing banks to lend all ¥ will not get 2% inflation. It creates loanees market with even lower rates. Dumb move” and slamming the BOJ: “Bank of Japan should call them willie wonka bonds “YOU GET NOTHING. yOU LOSE!””

A few short days later, Jose took a firm stance on JPM’s forecast that NIRP could go as low as -4.5% in Europe (as well as -3.45% in Japan and -1.3% in the US).

The Rest…HERE

Comments are closed.

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter