“It’s Probably Something” – Gold Surges Above $1200; USDJPY, Oil, Stocks Plunge
Submitted by Tyler Durden on 02/10/2016 – 19:52
Hong Kong traders are back from vacation, and with few options on the table, they are buying the one asset that provides the best cover to central banks losing faith, demonstrated most vividly by the total failure of the BOJ, and as a result just as Yen soars above 113, gold has taken out the numerous $1,200 stops and is currently surging to levels not seen in almost a year.
Something Very Disturbing Spotted In A Morgan Stanley Presentation
Submitted by Tyler Durden on 02/10
and then there’s good ol’ Kyle Bass – I wouldn’t want to be a Chinese investor Sunday night
Who would even want to be President? I vote for free beer Bernie!