The New CS Board

[jumanji0881]

What's it going to take for gold to move up ? -

My comment: It's a perfect storm: High inflation, crude keeps moving higher, huge debts, war, geopolitical chaos, and so many countries in dire straits: EU, China, Turkey, Japan, Italy. The dominoes are ready to fall. Something is going to break to trigger the next financial crisis.

Japan On Verge Of Systemic Collapse With "Dramatic, Unpredictable Non-Linearities" In Financial Markets, DB Warns
https://www.zerohedge.com/markets/japan-verge-systemic-collapse-dramatic-unpredictable-non-linearities-financial-markets-bank


Rabobank: Western Leadership Has Successfully Turned Our Economies Into Emerging Markets
https://www.zerohedge.com/markets/rabobank-western-leadership-has-successfully-turned-our-economies-emerging-markets
Excerpt:
Bringing it back to inflation, we are close to the summer solstice: then it’s six months until the depths of winter. At that point, Europe says it won’t be buying any Russian oil. If global supply is then constricted and demand hasn’t fallen, US retail gasoline prices might be $6 or $7 a gallon, or higher. Is that a recession? Yes, a deep one. Is it an inflation crisis too? Yes, a large one. And, crucially, it is driven by the geopolitical backdrop.