In this report I cover the market action from London early on Tuesday, August 1, 2017.
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Thank you for the update, but I was just thinking these powers at be are intelligent people so they now exactly what they are doing in allowing companies to buy back their share because the time has not come for them to change the whole monetary system with the new currency. Yes the dollar is weak which is commodity positive and oil. Billy is looking contented.
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Good to hear the golf game is going strong! I'm currently hoping to break 80 haha
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Work on your short game. Putting especially.
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Thanks! Yes, I can definitely improve my short game
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Thanks for the update.
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@oldman28 You are welcome.
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If the market was truly free, we would see normal price action. The price action we do see, shows the influence of Central Banks attempts to exert total control of market prices.
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My guess is that we'll see the first financial "crunch" from China, then followed by Japan. Interbank rates have spiked in China and Japan isn't doing to well in their government bond auctions.
They can't keep sweeping it under the rug forever.
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@talltim You could be right. The trigger could come from anywhere.
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it seems to me that the 'melt up' in the stock market is a sign of the beginnings of hyperinflation of the fiat currencies. You just need to look at the Venezuelan stock market as well as that of the Weimar Republic
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