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Greece gonna be kicked to exit Euro
Germany wont allow more bailouts.
-Short Credit Agricole Hardly
ZAMG update on icelandic volcano plume over europe:
Perhaps something else which has been coming up on the blindside is having its effect too.
The rise of the Swiss Franc has implications for Austria,Bulgaria, Hungary, Lithuania,Poland and Romania
The Swiss Fanc went to new high versus the Euro yesterday which is more bad news for all those who borrowed in it...
Bilderberg´s Meeting in Switzerland...
DEFLATION has been occurring even during this two year rally!
No one wants to part with their dollars for a house, nor credit is available to buy. Banks don't want to lend or make it hard to get credit.
These are attributes of a credit implosion.
When credit disappears, the physical dollar becomes very cherished and its value rises vehemently.
Store cash or cash equivalents because as this market continues the early stages of the next collapse, many will hoard cash at S&P 400 or lower levels..but we would have plenty as our cash was stashed before the crash.
Disclosure: Long VXX, FAZ, UUP + S&P Puts
Yes, you will need lots of cash, because a roll of toilet paper will be worth more than a cartload of FRNs when TSHTF!
stagflation is transitory.
Everything is transitory, just a matter of time frame:)
Oil approaching a stall point?
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