"Our take is slightly different: while we already know that physical delivery at Deutsche Bank appears to have been compromised, according to the Deutsche Boerse response, the ability of any and every other bank in Germany to deliver gold is now likewise questionable. Which begs the question: where is all the physical gold?"
So if you were running a country, you know social unrest and potentially a world war is coming and have a high degree of confidence that the global financial system is going to collapse - what would you do with the gold?
On to the lie -
Payrolls? We don't need no stinkin payrolls. They will generate a number that's suitable to their need, no more - no less. then they will direct policy however the frick they want. Simple.
SPX 5m - We did get a lower low yesterday briefly taking me out of my slumber/hibernation when price dipped below 59. I was startled a bit, but I'm better now, thanks for asking. Trending lower with a larger falling wedge actually forming (first noticeable/worthy pattern in over a month). Upper blue diagonal resistance is a big deal as a possible descending triangle is forming and may be nearing the end (signaling breakdown).
Freedom watch -
TPP - we lose everything - Corporations take over the globe - The Secret Global Court: Why Corporate Criminals & Corrupt Politicians Desperately Want TPP
More to come below.
Have a good weekend!
CFB has arrived! I'm so mad Ap St lost - great way to start the season already a tangled ball of emotion. Hey, feels good.
GL and GB!