Ponzi World (Over 3 Billion NOT Served)

The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.

Tuesday, August 7, 2012

Dr. Copper Prescribes Ritalin for Stocks

Copper, which is far less prone to emotion, speculation, and Central Bank manipulation, has a different out look on the global economy than stocks. In the chart below, in both prior instances when copper topped out, stocks continued on briefly to new highs but then succumbed ultimately in the direction of copper (down). Now, on the other side of point (3), the divergence between stocks and copper is enormous compared to the prior instances. Meanwhile, the fact that copper has gone from the upper left to the lower right quadrant is yet another roundly ignored sign of global deflation and impending recession.