From Francesco Filia of Fasanara Capital
So far in May, base metals and Oil decoupled markedly (chart attached below). While the Oil price kept rising and moved closer to 50$, base metals fell off a cliff and descended below March lows.
Submitted by Michael Krieger of LibertyBlitzkrieg
Here’s How the U.S. Government Treats Whistleblowers
What is it about whistleblowers that the powers that be can’t stand?
When I blew the whistle on the CIA’s illegal torture program, I was derided in many quarters as a traitor. My detractors in the government attacked me for violating my secrecy agreement, even as they ignored the oath we’d all taken to protect and defend the Constitution.
Submitted by Duane Norman via SingleDudeTravel.com,
From The Great Recession Blog
by David Haggith
This past Thursday marked the one-year anniversary of the US stock market’s death when stocks saw their last high. Market bulls have spent a year looking like the walking dead. They’ve tried to push back up to that distant high that means new life several times, but each time the market falls into a pit again.
Steen Jakobsen, chief economist and CIO of Saxo Bank, says the US Federal Reserve is on the verge of making a mistake about its projected rate hikes.