Money & Economics

Getting ugly out there

 
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We’re getting close to something big. I’m just not smart enough to know what

 
Amen...

From ZeroHedge:

"This is what a paper market looks like when reality hits. Years of leveraged speculation, synthetic contracts, and supply illusion have built a system that only functions as long as no one calls for delivery. This week, people did. And the market buckled."
 
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Theme for the day.
Could be a bumpy ride, hang on

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And so it continues.
One guy, who can't maff's, swings the markets hundreds of $Billions of dollars as his comments do 180's almost daily

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Well worth the 28 min imho.

The lady hosting is useless, (and fortunately has little actual time in the interview) but the guest, Simon Mikhailovich, co-founder and managing partner of The Bullion Reserve, was fascinating to listen to. Ignore the clickbait title. The guy is no conspiracy nut.
(Oddly he wasn't pushing gold, and it had little at all to do with the title involving confiscation. I think the lady is just a poor bimbo marketer).
But he explained some things in very simple language and seems to be a pretty smart guy.

 
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