Europe

We all know that the majority of people don’t know FX (Foreign Exchange) so this topic should come as no surprise.  (For those who haven't already, checkout Splitting Pennies for a quick guide on this topic) However, it’s important for traders and investors to understand how the US banks are ripping off their clients, and the only reason they do it is because clients allow them, because they don’t understand how they’re being scammed.  What we are talking about is the retail deliverable foreign exchange market.

The Actual Terrorists

This is an article written by an Austrian, Klaus Madersbacher, who, somehow, was able to see through the heavy blanket of Amerian propaganda that suffocates the ability to think and to pereive throughout the entirety of Europe. He correctly undersands the Western destruction of Libya as a war crime. Germans were executed by the Nuremberg Tribunal for less.

Blame The Russians, The Chinese, The North Koreans, and The Welsh... but not The Fed...

Overnight saw more China turmoil.. (MSCI China ETF saw its biggest drop since Brexit)

Confirming yesterday's report that the Pentagon is now prepared for a "preemptive strike", or response to any provocative action by North Korea, moments ago president Trump took the verbal war of words with Kim Jong-Un into the fourth day when he tweeted that "military solutions are now fully in place,locked and loaded,should North Korea act unwisely.  Hopefully Kim Jong Un will find another path!"

The global rout resulting from tensions over the North Korean nuclear standoff continued on Friday as world stocks tumbled for the fourth day, on course for their worst week since November following a third day of escalating verbal exchanges between Trump and Kim, as European and Asian shares tumlbed, volatility spiked, and the selloff in US futures continued albeit at a more modest pace as the escalating war of words over North Korea drove investors on Friday to safe havens such as the yen, Swiss franc and gold.