Business

Over the past month, the topic of "someone" or "someones" rushing to allocate capital toward expectations of a future volatility surge using such volatility derivatives as VXX, has surfaced on several occasions. The first time was three weeks ago when Tom McClellan pointed out that "VIX futures ETF extremely popular now. Can this possibly end well"...

... when he pointed out something that on the surface was counterintuitive, using his post from February 18 when the market has just reached its most recent selloff bottom:

Submitted by David Stockman via Contra Corner blog,

You have to love it when one of Donald Trump’s wild pitches sends the beltway hypocrites into high dudgeon. But his rumination about negotiating a discount on the Federal debt was priceless.

Gold Goes From "Ultimate Bubble" To Ultimate Buy For Soros

George Soros, who once called gold “the ultimate bubble,” has resumed buying the gold ETF and shares after a three-year hiatus.

Soros Gets Gold Badly Wrong In 2010 – Gold in USD (2009 to 2012)

Submitted by Lance Roberts via RealInvestmentAdvice.com,

Last Friday the market closed below its 50-day moving average. Theoretically, such a close should have sent traders scrambling for cover Monday morning. As I noted in this past weekend’s missive:

As Goldman famously declared on Sunday night when it boosted its near-term oil prices targets (while cutting its 2017 estimates as a result of what it admits will be a delayed rebalancing of the oil market), the biggest upside risk to oil over the next months remains the threat from unexpected supply disruptions...