Strap yourselves in girlfriends, this is only the beginning....

Strap yourselves in girlfriends, this is only the beginning. Financial gyrations continuing with the Fed pumping another US$70 billion into the repo market overnight. The Fed is working overtime to keep a lid on overnight rates. Ignoring the law of the jungle, “you can not contain the markets”, at their peril. Word is that one of the major banks is about to fail, or has failed.
And Iran. Do you think these turkeys are just going to sit there and let the Don drop a bomb on their beloved general. Don’t think so. The worlds oil supply flows right past their front door! Can’t help but feel that this is all connected to the failing petrodollar and Iran’s relationship with China and Russia. Think we’re watching the death of a giant whale.
Follow the money. The price of gold says it all. And what did I see yesterday? US$115 million on the Don’s head? Plenty of bumps in the road ahead. Hope the wheels don’t fall off.