Ponzi World (Over 3 Billion NOT Served)

The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.

Wednesday, June 1, 2016

The Status Quo Is 3x Leveraged To OPEC

Shorts covered ahead of the OPEC circle jerk, because really what could go wrong?

JPY was strong overnight versus USD and Chinese Yuan, indicating RISK OFF at the U.S. open. I mean buying opportunity...

3x leveraged speculators have been throwing money away for four months straight in anticipation of this non-event:

WTI crude with 3x leveraged ETF volume (UWTI):