Now is the Time to Take a Contrarian Position

Posted by Egon Von Greyerz

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Stockholm housing-1975-2017

We are currently standing before one of the most unique and frightening periods in history. Never have there been so many extremes in so many different areas. In the last 100 years everything seems to have developed so much faster, including population, technology, inflation, debt, money printing, budget deficits, stock, bond and property prices, crypto currencies etc.

All of these areas are now in an exponential growth phase. The final stage of exponential growth is explosive and looks like a spike that goes straight up. A spike for a major sample like global population or the Dow never finishes with just a sideways move. Once a spike move has finished, it always results in a spike move down.

It seems that everything in the world is developing much faster today like computers and mobile phones or robots. The world assumes that this exponential growth in so many areas will continue or even accelerate further. But sadly, that is unlikely to be the case.

EXPONENTIAL MOVES ARE TERMINAL

Stockholm housing-1975-2017

There is a more scientific illustration how these exponential moves occur and also how they end. (Ed Note: Great article & charts!)

….continue reading HERE

….also from Egon Von Greyerz:

MAJOR ALERT: Greyerz Says One Of The Two Largest Banks In Switzerland Just Refused To Hand Over Clients’ Physical Gold. Even More Surprising Is What The Client Did Next