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"From Nukes To Terrorism": Battered Investors Flee Risk For Safety Of Bonds And Gold

"From Nukes To Terrorism": Battered Investors Flee Risk For Safety Of Bonds And Gold

The global risk-off mood accelerated overnight on Trump "stability concerns", coupled with fallout from the Spain terrorist attack and lingering North Korea tensions, even if the VIX is off its latest highs, trading just above 15. Investors fled into German and U.S. Treasury bonds and bought gold for the third day in a row, as the appeal of such top-notch assets grew further due to a deadly attack that killed at least 13 people in Barcelona.

Analyst Lays Out China's "Doomsday" Scenario

Analyst Lays Out China's "Doomsday" Scenario

The first time we laid out the dire calculations about what is perhaps the biggest mystery inside China's financial system, namely the total amount of its non-performing loans, by former Fitch analyst Charlene Chu we called it a "neutron bomb" scenario, because unlike virtually every other rosy forecast the most dire of which topped out at around 8%, Chu argued that the amount of bad debt in China was no less than a whopping 21% of total loans.

Charlottesville 2

Charlottesville 2

Paul Craig Roberts

What the liberal/progressive/left is trying to do with Charlottesville is to associate Trump supporters with White Supremacists and in this way demonize Trump supporters so that they will not have a voice when Trump is overthrown in a coup. Or it can be put in a different way: Charlottesville is being used by someone to discredit Trump and the people who elected him in order to pave the way for a coup, and the liberal/progressive/left is enabling the plot.

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