More confirmation that confidence is fading in big money circles, and looking for the exits. Sentiment is the most important factor in any market. Once confidence gone, and in more likely when banks no longer trust each other, it will quickly turn into FUD (fear, uncertainty and doubt), and it will all be over. Rubino entertains different scenarios. I believe, like most here, is it is wiser to assume the worst.
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John Rubino – World Governments have Given Up on Fixing Financial System
https://www.youtube.com/watch?v=LFlGIZj89PY
More confirmation that confidence is fading in big money circles, and looking for the exits. Sentiment is the most important factor in any market. Once confidence gone, and in more likely when banks no longer trust each other, it will quickly turn into FUD (fear, uncertainty and doubt), and it will all be over. Rubino entertains different scenarios. I believe, like most here, is it is wiser to assume the worst.