Gary Shilling, president of A. Gary Shilling & Co., talks about the prospects for global deflation and the Chinese economy. Here is a direct link.
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Cory’s Chart Corner
Load MoreWow...RBC trying hard to obfuscate an 8x growth in loan losses with candy for the kiddies, buybacks and dividend hike. Morning other Danielle...
h/t @DiMartinoBoothBattening down the hatches with an eight-fold hike in loan loss provisions north of the border:
@RBC provisions for performing loans totaled C$568 million in the second quarter, up from C$68 million in the first three months of the fiscal year.
@business
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In a REAL Deflation bonds (including T-Bonds) WILL get hit (=rising interest rates). That’s The Ultimate Deflation.
Gary Shilling is one of the Good Guys.
See my comments in this thread:
http://jugglingdynamite.com/2012/09/20/more-on-china-and-risk-in-commodities/
GOLD keeps knocking at 1,776 but unable to smash thru the golden ceiling.
Individual gold stocks and gold ETF’s are really shaping up, with many nearing ‘golden’ crosses, pardon the pun.
Is gold in an invisible bull market?