Follow The Money

In the past week....

1) India bought $6.7 billion in GOLD.
2) China handed Africa $10 billion to feel better.
3) China invested $2 billion in the world's largest electricity supplier.
4) South Korea bought a multi billion dollar oil company in Canada.
5) The smartest investor in the world bought the largest railroad.


What did the US Government do?

1) They sold another $100 billion of debt to fund ongoing losses.
2) They raised income taxes 5%.

Everyone who "invested" in these bonds have now lost -23% year to date.....adjusted for the devalued dollar.

Stocks remain the most hated under owned asset class in the world.....and now best performing...China has resumed it's rally...after a 6 month rest.....

Cash and bonds get squeezed hard here.....

Danny Boy seen here in the changing seasons.....