by Dr. Jeffrey Lewis, Silver-coin-investor:
The drop in commodity, and especially oil prices, has been spectacular. The price action has generated a wide range of commentary. Some say this is a reflection of the true state of the global economy. Like the Baltic dry goods index or electricity consumption.
Some will say the fall in oil is deflationary – priced in as the inevitable confluence of factors ranging from demographics to lack of real economic growth manifest. Or it is more evidence of failed monetary policy. And paradoxically, another excuse to double down and go the way of Japan in pursuit of a lost decade muddle thru.
Please follow SGT Report on Twitter & help share the message.