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Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead
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Macro Analytics 10-02-12 - Instability & Political Turmoil Lay Ahead

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The Kondratieff Wave predicted a turn in 2000 in the US & Global Financial and Credit Markets. It occurred, but its tectonic shift is presently being camouflaged by historic levels of Central Bank …

The Kondratieff Wave predicted a turn in 2000 in the US & Global Financial and Credit Markets. It occurred, but its tectonic shift is presently being camouflaged by historic levels of Central Bank Monetary expansion. A Silent Depression is currently obscuring the Kondratieff Long Wave Cycle, however it is clearly obvious it has occurred, and easy to see, if you know what to look for. It is critically important for investors to recognize this seminal event to know what is ahead during the Kondratieff winter.

History tells us that instability and political turmoil should be now be expected, which politicians react to in predictable fashion to maintain and exercise power. The public needs to be resolutely on guard for political regimes creating "events" as instruments to foster change. It can be only hoped that these expected changes do not jeopardize the constitutional rights of all Americans. Unfortunately, the early indications outlined in this video presentation indicate that this may not be what is in store for the future of America.

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  • 1. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 2. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 3. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 4. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 5. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 6. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD The Long Wave Versus the Printing Press: Central Banks Go All-In Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 7. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD The Long Wave Versus the Printing Press: Central Banks Go All-In Long Wave’s pressure on the global financial system is getting stronger. The past year proves that if taken off of central bank life support, the European, American and Japanese economies will implode. Over the past couple of weeks the European and US central banks have accepted this reality and announced open-ended asset purchase plans, implying that zero interest rates and unrestrained money printing will go on for as long as the markets keep accepting fiat currency. Does this mean the contest is over and the printing press has won? No, but it means that the analytical framework has to shift from linear to non-linear systems. Jim Rickards devotes a chapter in his book Currency Wars to the idea that a financial market is more like a weather front than a car engine, in that the various parts of the former communicate with each other and change in response to that communication. This gives a complex system some unique characteristics, the most notable of which is that as its size and complexity increases, its propensity for catastrophic failure grows exponentially. Double the size of a financial system and its chance of coming undone rises by ten times or more. Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 8. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD The Long Wave Versus the Printing Press: Central Banks Go All-In Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 9. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD The Long Wave Versus the Printing Press: Central Banks Go All-In By going all-in, the major central banks are committing to a progressive increase in the complexity of global financial markets. As more individuals and pension funds abandon cash and safe-but-low-yielding paper for higher-yielding but more-volatile stocks and junk bonds, the system grows ever-more fragile, making a crash both likely and more destructive. Another trait of complex systems is that the timing of their catastrophic failure is unpredictable. Once the conditions are in place the system can collapse immediately or continue on for a long time. Rickards’ analogy is a mountainside where snow accumulates until a single snowflake sets off an avalanche. But there’s no way to know which snowflake will be the one, or when it will fall. Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 10. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 11. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 12. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 13. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 14. Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 15. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 16. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 17. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 18. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 19. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 20. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 21. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 22. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD VIDEO: SILENT DEPRESSION gordontlong.com/Macro_Analytics Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 23. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD A Bankrupt World Is An Unstable World On the South China Sea, China is a rising power and Japan is declining, which is, historically, a recipe for trouble. But they do a huge amount of business together and it’s odd that either sees a confrontation as a profitable venture. It’s certainly costing both parties this week in terms of lost production and street security. But they’ve decided that this is the time, and public opinion seems to favor a confrontation, so here we go. On the Middle East, Ron Paul is clearly right (if there was ever any doubt). The video set off an explosion that was waiting for a lit match. If not this, something else would have set it off. The West simply has no business occupying that completely incompatible part of the world, and when the true price of oil is calculated to include the cost of Middle Eastern entanglements we’ll find that it’s vastly more expensive than any other fuel. The southern half of the US could be covered in solar panels for less than we’ll spend on cleaning up this mess in the coming decade. On Israel/Iran specifically, it’s not clear that there’s a peaceful solution, given the demographics. Muslim populations are soaring and electorates are becoming more resentful and fundamentalist, Israel won’t accept nuclear weapons a few hundred miles away, and the US has absolutely no idea what to do and no money which with to do it. Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 24. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD A Bankrupt World Is An Unstable World First, financial crises produce geopolitical crises. So what we’re seeing is in general terms what we should expect after borrowing tens of trillions of dollars in the past few decades. A bankrupt world is an unstable world. Second, geopolitical instability just strengthens the investment thesis that derives from excessive debt. In uncertain times, real assets that aren’t someone else’s liability are much better bets than paper promises — and self sufficiency is safer than dependence on government. The Global Economy has already stalled. Geo-Political Event Risk is now very high and likely to precipitate a market adjustment. Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 25. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 26. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD FALSE FLAGS? Civil War Fort Sumter Provoked Spanish American War The Sinking of the USS Maine Provoked WWI The Sinking of the Lusitania Provoked WWI Pearl Harbor Provoked Vietnam War Gulf of Tonkin Proven False War on Terror 911 Attack Controversial IRAN - Watch Out for a "False Flag" or "Covert" Activity Event Globalist Think Tank Suggests Using Engineered Event As Excuse For War With Iran 09-26-12 Brandon Smith Alt-Market Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 27. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 28. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 29. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 30. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 31. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD EXECUTIVE ORDERS ISSUED… Teddy Roosevelt 3 Others to FDR NONE FDR 11 in 16 years Truman 5 in 7 years Ike 2 in 8 years Kennedy 4 in 3 years LBJ 4 in 5 years Nixon 1 in 6 years Ford 3 in 2 years Carter 3 in 4 years Reagan 5 in 8 years Bush 3 in 4 years Clinton 15 in 8 years George W. Bush 290 in 8 years Obama 134 in 3 1/2 years (8 Year rate = 306) Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 32. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD THE OBAMA ADMINISTRATION: Obama has signed 134 Executive Orders in 40 months! What did Congress do in those 40 months? -EXECUTIVE ORDER 10990 allows the government to take over all modes of transportation and control of highways and seaports. -EXECUTIVE ORDER 10995 allows the government to seize and control the communication media. -EXECUTIVE ORDER 10997 allows the government to take over all electrical power, gas, petroleum, fuels and minerals. -EXECUTIVE ORDER 10998 allows the government to take over all food resources and farms. -EXECUTIVE ORDER 11000 allows the government to mobilize civilians into work brigades under government supervision. -EXECUTIVE ORDER 11001 allows the government to take over all health, education and welfare functions. -EXECUTIVE ORDER 11002 designates the of all persons. Postmaster General to operate a national registration -EXECUTIVE ORDER 11003 allows the government to take over all airports and aircraft, including commercial aircraft. Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 33. Macro Analytics October 2nd, 2012 Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 34. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 35. Macro Analytics October 2nd, 2012 Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 36. Macro Analytics October 2nd, 2012 INSTABILITY & POLITICAL TURMOIL LAY AHEAD Listen to the original podcast for this slide at www.GordonTLong.com/Macro_AnalyticsThe content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of thisslide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.
  • 37. DISCLOSURE STATEMENT AND TERMS OF USETHE CONTENT OF THIS SLIDE PRESENTATION AND ITS ACCOMPANYING RECORDED AUDIO DISCUSSION AREINTENDED FOR EDUCATIONAL PURPOSES ONLY.This slide presentation and its accompanying recorded audio discussion are not a solicitation to trade or invest, andany analysis is the opinion of the author and is not to be used or relied upon as investment advice. Trading andinvesting can involve substantial risk of loss. Past performance is no guarantee of future returns/results. Commentaryis only the opinions of the authors and should not to be used for investment decisions. You must carefully examinethe risks associated with investing of any sort and whether investment programs are suitable for you. You shouldnever invest or consider investments without a complete set of disclosure documents, and should consider the risksprior to investing. This slide presentation and its accompanying recorded audio discussion are not in any way asubstitution for disclosure. Suitability of investing decisions rests solely with the investor. Your acknowledgement ofthis Disclosure and Term of Use Statement is a condition of access to it. Furthermore, any investments you may makeare your sole responsibility.THERE IS RISK OF LOSS IN TRADING AND INVESTING OF ANY KIND. PAST PERFORMANCE IS NOT INDICATIVE OFFUTURE RESULTS. Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

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