Again: Norwegian Triple Hit

Today’s fall in Oslo of 6.66% after 5% yesterday is dramatic.
We are however not surprised.

As lately as September 4 we wrote that we expected a “Norwegian Triple Hit” were we described just what is happening.
A massive world wide slowdown.
An oil and commodities collapse.
And a bias for Norwegian kroner turning to a bias against Norwegian kroner.

This we wrote a mere 12 days ago.
Those who listened have preserved their capital.
Some who did not are already wiped out, more will follow.

Oslo is going under 300, we will see the 200 numbers.

Read “Norwegian Triple Hit” again.

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