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Run away, global slowdown has come! Only several months after the synchronized global growth dominated the media, the pundits are now not talking about anything else than economic slump. So we decided to enter the game and to check these claims. For us, the current slowdown results partially from previous China’s struggle to deleverage its economy. Now, with fresh stimulus, we expect that the growth’s deceleration will be temporary, which may upset the gold bulls in 2020. We elaborate on this in this month’s report.
