Layered Gold Price Revaluation and Global Corporate Bond Haircuts Are Highly Likely.

Transcript

And I think uh corporate debt uh is going to suffer and the central banks uh they're not going to come to bail them out. Uh we're going to see haircuts in corporate bonds in my opinion. What are haircuts? Basically uh they're going to change the terms of these bonds, the corporations in order not to default. It's akin to a bailin. Wednesday, Decemb... Read More