At the very end of a hyperinflation a currency is dropping -50% per DAY. The Turkish Lira right now is down -37% since 10 weeks ago..

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by mark000

Ergodan needs to “See The Light” within the next 5 market days or things are going to hell over there………and then it is “contagion time”. If the Lira hits 16.7 (currently 13.0 right now) it will be -50% in 10 weeks, then 20.0 will be -50% in 2 weeks….

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This is a potentially massive event…..Turkey is a major Emerging Market economy of 85 million people.

 

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