Loading ...wants to roll over but it can’t no matter how hard it tries–it’s like it has a chronic disease wherein it can only move in one direction=up!
Maduro going down the path to dictatorship
“They’ve Just Taken Leopoldo”: Maduro Detains Opposition Leaders At Gunpoint
The crackdown by Venezuela President Nicolas Maduro – now officially branded a dictator by the U.S. – on political opposition intensified Tuesday when intelligence agents detained opposition leaders Leopoldo Lopez and Antonio Ledezma at gunpoint in their homes and took them into custody.
The two politicians have been under house arrest for their involvement in anti-government protests and organizing, according to the BBC. Videos published online by family members of both men show them being led away in the middle of the night by agents from Sebin, the Venezuelan intelligence agency. Lopez’s wife Lilian Tintori said in a tweet: “They’ve just taken Leopoldo from the house. We don’t know where he is.” She published grainy footage from the home’s security cameras showing her handcuffed husband being placed in the back of a car.
“If something happens to him, Maduro will be held responsible,” Tintori said, according to Bloomberg.
Re Greenspan
scum sure didn’t like those comments…..Rates just got blitzed by the scum…30 yr futures rallied 1 1/2 pts…no sir no bubble here…move along please !!!!!
@Richey, Roger That, Gold Is Where The Big Money Goes
Silver we all remember is the “poor mans” gold. Well? They all got poorer. They used to be able to buy Corvettes, Chevelle SS 396, z 28 Camaros, Pontiac GTOs, Oldsmobile 442s etc etc. Then they all got drafted for Vietnam.
Greenspan Sees No Stock Excess, Warns of Bond Market Bubble
part:
Equity bears hunting for excess in the stock market might be better off worrying about bond prices, Alan Greenspan says. That’s where the actual bubble is, and when it pops, it’ll be bad for everyone.
“By any measure, real long-term interest rates are much too low and therefore unsustainable,” the former Federal Reserve chairman, 91, said in an interview. “When they move higher they are likely to move reasonably fast. We are experiencing a bubble, not in stock prices but in bond prices. This is not discounted in the marketplace.”
Comment: Geez, we’ve been hearing about a bond mkt crash (suddenly higher rates) for decades, but it never happens.
The fact is that they eat too much poisonous food because it’s tasty and fun, and they do that because the habits-of-life that they have complicitly allowed to evolve in this country offers them paltry rewards otherwise.
Narratives Are Not Truth——by James kunstler—7-31
Let’s start with health care, so called, since the failure to do anything about the current disastrous system is so fresh. What’s the narrative there? That “providers” (doctors and hospitals) can team up with banking operations called “insurance companies” to fairly allocate “services” to the broad population with a little help from the government. No, that’s actually not how it works. The three “players” actually engage in a massive racketeering matrix — that is, they extract enormous sums of money dishonestly from the public they pretend to serve and they do it twice: once by extortionary fees and again by taxes paid to subsidize mitigating the effects of the racketeering.
The public has its own narrative, which is that there is no connection between their medical problems and the way they live. The fact is that they eat too much poisonous food because it’s tasty and fun, and they do that because the habits-of-life that they have complicitly allowed to evolve in this country offers them paltry rewards otherwise. They dwell in ugly, punishing surroundings, spend too much time and waste too much money driving cars around it in isolation, and have gone along with every effort to dismantle the armatures of common social exchange that afford what might be called a human dimension of everyday living.
So, the medical racket ends up being nearly 20 percent of the economy, while the public gets fatter, sicker, and more anxiously depressed. And there is no sign that we want to disrupt the narratives.
Morning Buygold
E-wave analysis, sees 5 small waves up done in Au and Ag, for the 1st wave…but seeing as this up wave is 3rd of 3rd of 3rd…which in English means super strong, the correction wave will/shud be pretty small in price..before we take off with a vengeance…that is the theory, we wait to see.
So far the correction has been as above..pretty small.
Cheers
So
After getting no move higher yesterday on the weak dollar, we get a flat USD and moves lower in the metals, which of course means weaker shares, which of course must mean the DOW is going to new highs.
IT JUST NEVER ENDS