Tuesday, 30 November 2010

39.25 Year Cycle Kicking In.

The first chart is Gold in terms of the Euro. The 2nd chart is a 30 year Spanish Government Bond.

The 39.25 year cycle (November 2010) mentioned 2 blogs ago is really kicking in. Irish, Italian and Spanish Bonds are collapsing and Gold is making new highs against the Euro. This is a debt crisis first and foremost. Restructuring will inevitably mean that many governments will not pay the full amount of their debt back.Protect yourself.

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