View article and charts, shop bullion: https://www.ainsliebullion.com.au/gold-silver-bullion-news/-e2-80-9cmonstrous-e2-80-9d-numbers-portend-global-unwinding/tabid/88/a/2359/default.aspx
Doug Noland has been mapping this credit super-cycle in his weekly Credit Bubble Bulletin for 20 years. When he says the latest data from the US Fed is the “most troubling data I’ve encountered in my 20 years” we feel compelled to share. This very much feels like the death throes of the debt super cycle Dalio wrote of earlier this year.
