If the US markets are considered the “safe haven” amidst all the recent EU turmoil, then why isn’t the US Dollar Index skyrocketing? (Mr. Market has some foresight.)
And if the global economy is in “recovery”, then why is the Baltic Dry Index for shipping rates back in the dumpster? (JWR’s Comment: Sounds like more like a “Lohan” recovery to me, to wit: she’s checked into rehab, but there is no willingness to actually change.)
US Begins Regulating BitCoin, Will Apply “Money Laundering” Rules To Virtual Transactions
I found this linked over at Gold-Eagle: The Dark Truth About The Safety Of Your ‘Savings’
Reuters reports: Euro zone call notes reveal extent of alarm over Cyprus
Items from The Economatrix:
A 900 Million Euro Trade Rocked The London Options Market This Morning [Cheryl’s Comment: Hmm… Sounds like someone is betting against the Euro?]