The Smart Money started getting out in 2013. There was a rash of stories of Asian Billionaires completely rearranging their holdings and their citizenship at the time. When they’re up to things like that, it’s always a sign something is coming. (Commodities & real estate collapses being what they were signaling.)
Though it’s going to be a bit before things take a complete dump. The major Central Banks will defend a lot of positions before they let it slip. It’ll probably take until the Fall before that happens.
]]>