Every hiking cycle over the last 70 years ends in recession or a financial crisis. ‘It’s not going to be different this time,’ Morgan Stanley strategist says.
“A week ago it was possible to argue that this observation was theoretical, now we know that it is not going to be different this time.” – Graham Secker, Morgan Stanley, chief European equity strategist
USAGOLD note: It’s because it is never different this time around that the prudent, long-term investor owns precious metals. Own metals, Sit back. Watch the show.
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