The MacroTourist

The MacroTourist

Sep 08/15 – Glasenberg filled ’em like a butter tart!

Kevin Muir's avatar
Kevin Muir
Sep 08, 2015
∙ Paid
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Think back to four years ago. In April of 2011 gold was crossing $1,600 an ounce, on its way to $1900. Copper had just traded over $4.50 per pound. The CRB US Spot Raw Industrials Index had just ticked at 640. Investors were convinced China would grow at 10% forever. Their optimism on China was only eclipsed by their pessimism regarding Bernanke’s repea…

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