Cash is becoming the name of the game again.
Markets around the World, tanked today.
The DOW and S&P, Canada's TSX, and VSE = squat.
The VIX has risen 35% in the last three days - now at it's highest point in 5 years.
There is something nasty out here and I think that people are waking up to the fact that QE3 has begun in the States.
This is an awfully scary time.
Think the American electorate will fire the entire Congress and Senate - it's happened before.
Obama has dropped the ball, worse than a third grade, Little League, duff.
Prudence and patience. Those are the bywords.
Markets around the World, tanked today.
The DOW and S&P, Canada's TSX, and VSE = squat.
The VIX has risen 35% in the last three days - now at it's highest point in 5 years.
There is something nasty out here and I think that people are waking up to the fact that QE3 has begun in the States.
This is an awfully scary time.
Think the American electorate will fire the entire Congress and Senate - it's happened before.
Obama has dropped the ball, worse than a third grade, Little League, duff.
Prudence and patience. Those are the bywords.
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