Print or collapse… either way gold wins. Citi is warning that both the US and Canadian dollars are at risk of losing serious ground.
This is the kind of data that forces central banks to panic cut. Weak jobs + currency trouble = a world sprinting toward gold, not dollars. The yen is toast. Debt-to-GDP is the worst in the developed world. Gold is now ¥527,000 an ounce in Japan. The yen is cooked and debt-to-GDP is the worst …