Interesting aspect to note is that the USD and Gold have both strengthened (as per vid below).
Goes against the current line of thought but maybe a double safe haven play as currency wars & EU bank debt worries linger?
TPTB_needswar: That's not to say it will continue but unless there is some miraculous central bank inspired magic trick coming, how does gold plummet after this?
For me MA was the first I heard saying that this US Pres cycle is the year of the outsider, first to say Trump would be nominee, first I heard say about uprising movements. Also first to say that a pension crisis is looming as rates stay so low.
Following on, here is a good discussion regarding brexit etc
https://realvisiontv.com/landing/brexitI noticed they mentioned the possibility of investors piling into UST's and abandoning Eu area govt bonds, another trend MA mentioned a long while back.
edit: just saw this
Mario Draghi: "We have to think not just about the composition of policies within our jurisdictions, but about the global composition that can maximize the effects of monetary policy so that our respective mandates can best be delivered without overburdening further monetary policy.....This is not a preference or a choice. It is simply the new reality we face.
This means a formal Shanghai Accord, don't see how it solves anything or how it can last.