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Even The BIS Is Shocked At How Broken Markets Have Become

Not a quarter passes without the Bank of International Settlements (BIS) aka central banks' central bank (also the locus of some of the most aggressive manipulation of gold and FX in human history) reiterating a dire warning about the fire and brimstone that is about to be unleashed upon the global economy. It started in June of 2013, when Jaime Caruana, certainly the most prominent doom and[...]