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.

Thursday, June 23, 2016

ALL IN @Global Meltdown

Traders were tripping over themselves to get in ahead of the vote being announced...

"You have to get in ahead of everyone else"
"Ok"

Unfortunately, this has nothing to do with Brexit...

Betting heavily that volatility implodes, rather than explodes...
VIX Option Put/Call Ratio:

VIX Futures: Massively leveraged bullish bets

VIX Net Leveraged short (red). UVXY (2x VIX) short interest (blue). VIX lower pane...

Not the safest bet to make from an historical standpoint...

We see from 2008 how well that works when Momentum (lower pane) is negative...

Gamble at your own risk