from Jesse’s Café Américain:
Dornbusch’s Law: The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought.
Dr. Rudi Dornbusch
The lack of intelligent coverage by the media for this sea change in global asset allocations is remarkable.
Koos Jansen has been doing some terrific work in this area.
I have some suspicions about where the gold bullion that is leaving the Western funds and ETFs is going.
Gold is moving steadily from West to East. When the reckoning comes, it may be terrific.
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