Sunday, July 3, 2016

The Last Fool: A Lesson In Ponzi Schemes

Stoned zombies enjoy the Globalized Ponzi Scheme so much they decided to throw their savings away at the casino...

It only took seven years of charades and non-stop lying bullshit, to get to minimal cash balances. You know, like last time.

Followed by a week of short-covering and monetization of hedges.

BTFD:
Rydex Cash Balances (inverted):




The June 23rd Brexit vote was the Madoff Moment



A year and a half to nowhere on rising volume
Wilshire total market index with total market volume:



Price / volume (red) with Transports




"Another deposit"