Article Image
News Link • Economy - Economics USA

ALBERT EDWARDS: Stocks Will Crash, Hyperinflation Will Come, And Gold Will Go Above $10,000

• Business Insider
 

In his new note he writes:

We still forecast 450 S&P, sub-1% US 10y yields, and gold above $10,000

My working experience of the last 30 years has convinced me that policymakers’ efforts to manage the economic cycle have actually made things far more volatile. Their repeated interventions have, much to their surprise, blown up in their faces a few years later. The current round of QE will be no different. We have written previously, quoting Marc Faber, that “The Fed Will Destroy the World” through their money printing. Rapid inflation surely beckons.

1 Comments in Response to

Comment by Ed Price
Entered on:

And Bitcoin will go right along with gold.


Join us on our Social Networks:

 

Share this page with your friends on your favorite social network:


Attorney For Freedom