By Adam Taggart: Flight to Safety

Sobering data on our bubbles…

http://www.peakprosperity.com/blog/98985/fortunes-will-made-lost-when-capital-flees-safety

Little did I realize when creating the short video below how prescient it would quickly become in the wake of last night’s Brexit vote…

Its message is simple: there’s a preponderance of data that shows the world’s major asset markets are dangerously overvalued. And when these asset bubbles start to burst, the ‘safe haven’ markets that investment capital will try to flee to are ridiculously small. Investors who do not start moving their capital in advance of crisis will be forced to pay much higher prices for safety — or may find they can’t get into these haven assets at any price.

 

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