“Extreme Greed” Trigger’d – Gold, Bonds, & Stocks Rally As Dollar Dives

Thanks to a melt-up today, US equities (apart from Trannies) ended the week higher… But today’s gains were farcically driven by a full-court press of jawboning (5 Fed Speakers, Mnuchin, and Kudlow) to open the US equity markets… 0830ET Jobs Beat – Dow +100 0915ET Fed’s Kashkari dovish: “we’re not at maximum employment.. in free lunch zone” – Dow…

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Chinese Bank On Verge Of Collapse After Sudden Bank Run

Coming to America SOON, when dealing with a collapsing Ponzi scheme, only those who pull their money first stand to recover anything …. First, it was Baoshang Bank, then it was Bank of Jinzhou, then, two months ago, China’s Heng Feng Bank with 1.4 trillion yuan in assets, quietly failed and was just as quietly nationalized. Today, a…

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