If the US markets are considered the “safe haven” amidst all the recent EU turmoil, then why isn’t the US Dollar Index [1] skyrocketing? (Mr. Market has some foresight.)
And if the global economy is in “recovery”, then why is the Baltic Dry Index [2] 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 [3]
I found this linked over at Gold-Eagle: The Dark Truth About The Safety Of Your ‘Savings’ [4]
Reuters reports: Euro zone call notes reveal extent of alarm over Cyprus [5]
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?]