Current Outlook 1) Stock Market – Stock markets around the world are testing major resistance zones. Risk is elevated. 2) Bonds – Recent economic data suggests the Fed may pause sooner rather than later. Inflation is rapidly declining. 3) Currency – The dollar will fluctuate against the Euro and the Yen, but weaken relative to gold. 4) Gold – Gold probably completed a cycle low. Further upside is expected, but a strong rally might not … read more Newsletter #425—Confiscation by Inflation