ALERT: James Turk Issues Dire Warning As Fed To Monetize ‘Everything In Sight’…”early warning sign that the dollar is headed toward hyperinflation.”
KingWorldNews.com
August 29, 2016
Today James Turk issued a U.S. dollar hyperinflation warning. Turk warned that the Fed is going to “monetize everything in sight.”
James Turk: “There is a very important change taking place in the stock market, Eric. While subtle and little noticed so far, this change is starting to stick out like a sore thumb and can no longer be ignored…
Although the Dow Jones Industrials and other major indices are making new highs, the banking sector is glaringly underperforming. This divergence is clear from the following chart showing the NYSE Composite Index of all stocks on that exchange compared to the sub-sector of companies involved in banking and finance, the NYSE Financial Index.
Dire U.S. Dollar Warning
The reason this is important Eric, is that this divergence is an early warning sign that the dollar is headed toward hyperinflation. When you look at countries where the currency has hyperinflated – like Zimbabwe or more recently, Venezuela – their stock markets showed this same divergence we are now seeing on the NYSE.
The Rest…HERE
