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.

Friday, June 17, 2016

READY TO EXPLODE

Despite record global risk, transmitted to the U.S. via the overnight futures, "someone" is shorting volatility in record size...

ZH: June 17, 2016
Volatility ETF Volume Explodes Amid Record Volatility Short Interest

I have long suspected that Skynet was shorting the leveraged volatility ETFs as a way of igniting market momentum. Although that causation is not confirmed, correlation appears abundantly evident.

2x volatility short interest
10 dma
From https://www.quandl.com/data/FINRA/Short-Interest-UVXY

2x volatility volume (weekly):
"trading in five of the most popular securities linked to moves in the Chicago Board Options Exchange Volatility Index surged to more than 4 percent of total U.S. stock volume, a level that before this week had never been reached once"

In other words, yet more denial...