‘The Philadelphia Stock Exchange gold and silver index stands at the same level today it did at the start of 1984 (that’s three and half decades of treading water). But recent mergers are a textbook sign of a bottom in the cycle.’ (Gold Beyond The Iran Crisis)
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Wall Street Journal
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Emerging Market Liquidity: Shanghai Accord 2?
• EMIL™ moves up to index reading of 44.7•EM left behind by easing in US and Eu •Latest evidence points to easier Chinese money. May be Shanghai Accord 2?
• The world economy and commodity prices will get a boost in 2020.
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Concentration not seen in a long time.
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