iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,419 Blog Posts

Gold, Treasuries Rise; Stocks Set to Dive Headlong into Cement Blocks

Gold is soaring this morning, as futures plunge into the dark, rabble-rousing, sea of perfidy. Investors, for reasons inexplicable to the layman, are now viewing gold as a safe haven, something that has been absent from the industry for more than 4 years.

 

gold

The traditional ‘risk off’ trade, long bonds, is working again this morning.

 

tlt

Gentlemen, get aboard the ark. Feel free to bring your gold bricks. We can use them to bash the skulls in of the cows onboard.

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