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Cliff’s Notes Recap Weekly Recap for 07-28-14 to 08-01-14
- Monday – Gold will have a lot of headroom when the market is surprised by a recession.
- Tuesday – The coming crisis will be the “unforeseen” consequence of this phony recovery.
- Wednesday – In spite of economic decline, Yellen claims recovery while maintaing stimulus.
- Thursday – Yellen’s core beliefs will cause her to wield power with disastrous results.
- Friday – The fundamentals of gold are a product of monetary policy, not news events.