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Don Coxe: Negative Rates to Take Gold to Heights Never Before Seen in History of Mankind

from Palisade Radio:

As a historian, Don Coxe is cautious in saying there is something new under the sun. He didn’t think he would live long enough to see the creation of an entirely new asset class, which is negative and seemingly endless in scope. Negative yields were first created by the self-financing Swiss to get the euro-zone moving again. Don likens them to the multiplying of bad germs, and finds it likely that there will be painful corrections in the economy, the stock market, or both.

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2 comments to Don Coxe: Negative Rates to Take Gold to Heights Never Before Seen in History of Mankind

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