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Greek Vote Anxiety Sparks Safety Bid In Bonds & Dollar
Ahead of today's crucial Greek vote, it appears investors are seeking safety in the arms of Bunds, Treasuries, and The US Dollar.
Charts: Bloomberg
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They are the last places I'd look.
Sure there's safety in dollars....we printed damn near a trilliion a month.
We got buttloads of that crap.
but gold continues to plummet? Makes no sense
You know, because the authorities have everything under control and the economy is all sunshine and roses and real rates are going to crawl out of their little negative hidey hole to sing kumbaya with all the kiddis and their unicorns under the rainbow in our loving, all embracing, progressive nightmare police state hellhole utopia that has become amerika
full frontal media assault on gold this am.........bwaaaaaaaaaaaaaaaaaaa
“If you don’t own gold, you know neither history nor economics.” — Ray Dalio
Simply jumping from the Chamber Pot to the toilet...Stupid!...But, that is today's so-called "investor", as opposed to a "speculator", which is anyone in anything other than equities/bonds.
Goldman handed out the suitcases to the Greek opposition this morning. No worries here.
Can you spare a insolvent banker a €?
Unfortunately, I don't think Greek 'votes' of any type have much value anymore.
And some seek safety in shorting gold
You get paper dollars for that.....stick in your bank account...and watch it disappear when you get bailed in.
Let's have a vote on whether we all die. How do you vote?
I sense you want me to vote a certain way.....therefore I'm going to vote the opposite.