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Home ownership has declined in Canada and in many parts of the world. Someone purchased a huge amount gold future contracts which pushed the gold price up. The economy will be coming down city by city, we are already seeing this in San Francisco and in many other cities. There is nothing the central banks can do at this point the interest rates are already very low and the people just don’t have the funds to keep up with rising home prices.
Tick. Tock: Price Discovery Has Been Virtually Eliminated From Global Equity Markets, Most Of The Gain Concentrated In 5 Stocks.
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