Wednesday, December 31, 2014

Commodity Prices Are Cliff-Diving Due To The Fracturing Monetary Supernova—The Case Of Iron Ore

If Captain Picard was running this ship of state, he would issue a red alert.  Oil is not the only commodity in a nose dive.  We could be witnessing something here that I didn't even begin to anticipate--- global deflation.  It appears to have arrived in the commodities.

What I figured was the opposite, which is hyperinflation.  What if we get massive deflation instead?  You don't want to be a debtor in that situation.


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