Despite the dramatic action in Bitcoin this weekend, it appears the world's wise capital markets investors know just what to do faced with civil war in America, kinetic war with Venezuela, and nuclear war with North Korea - simple - Buy The Dow and Sell Gold...
Bitcoin suggested some 'angst'...
But the machines wanted to take out The Dow stops from Friday...
Currency markets are dead for now - JPY unch, EUR unch, CNH modestly higher.
Content originally published at iBankCoin.com
The magazine that helped the Tsarnaev brothers pull off the Boston Marathon bombing – while also purporting to teach wannabe jihadis how to “make a bomb in the kitchen of your mom” – is homing in on its next target: America’s crumbling transportation infrastructure.
Authored by James Rickards via The Daily Reckoning,
This was the week that the logic of war collided with the illogic of bubbles. So far, the bubble is winning, but that’s about to change.
The “logic of war” is an English translation of a French phrase, la logique de la guerre, which refers to the dynamic of how wars begin despite the fact that the war itself will be horrendous, counterproductive, and possibly end in complete defeat.
Update 2: The car has been found nearby abandoned, while Mic tech reporter Taylor Lorenz writes that earlier "reports that the car had no license plates are false. The police have the plates, the car, and the man in custody."
Pic of car at Blenheim and Monticello. Street closed pic.twitter.com/2z9LNsiYSH
— Matt Spitzer (@matthewspitzer) August 12, 2017