The Frightening Thing That Threatens To Crash World Markets
October 31, 2013
On the heels continued volatility in global markets, today one of the top strategists in the world warned King World News about the frightening thing that threatens to “crash world markets.” Cazenove Capital is the appointed stockbroker to Her Majesty The Queen, and their acclaimed strategist, Robin Griffiths, also cautioned about another major problem — the fact that “the debt mountain will have its revenge.” He also included a fantastic chart. Below is what Griffiths had to say in this timely and powerful interview.
Griffiths: “In the period when the dollar is weak, gold tends to be strong. But there is a caveat here: If the dollar is now super-oversold and has a relief rally within a downtrend, at that moment you will probably get a small setback in the price of gold. But my take is that the secular uptrend in gold has not been broken….