Banking crisis shockwave’s continue to emanate out of Cyprus as an original 20% hair-cut of depositor funds in the countries two largest banks continues to double, and now triple to at least 60% to be stolen, all of which has had the effect of sparking an extension to the stocks bull market rally for general stock market indices such as the Dow that continues to put in a series of new closing and trading all time highs whilst both bulls and bears wait for the rally to terminate for differing subsequent expectations.
Watch Video U.S. Debt and Gold a Perfect Correlation-Nick Barisheff
U.S. Debt and Gold a Perfect Correlation-Nick Barisheff (by Greg Hunter)
This breakout will not last, be careful
I expect a spike sometime in the near future in long-term Japanese interest rates. People have been saying this for years, but the time may finally be at hand. The following headline is what tipped me off: BOJ chief expects no spike in long-term Japan interest rates. Japanese long-term interest rates should not shoot
Boycotting Israel as a stance for justice is going mainstream – Israelis can no longer pretend theirs is in an enlightened country