Tuesday, September 29, 2015

Lack Of Liquidity!

http://www.jsmineset.com/2015/09/29/lack-of-liquidity/

 Two huge pieces of news hit Monday like a one-two punch!  First; UBS Is About To Blow The Cover On A Massive Gold-Rigging Scandal followed by; Saudi Arabia withdraws overseas funds http://www.ft.com/intl/cms/s/0/8f2eb94c-62ac-11e5-a28b-50226830d644.html#axzz3n3Ps0t97. Gold and Oil both affect the dollar, and this is happening while global liquidity is drying up. The soon to be catch phrase for October will be “lack of liquidity”! 

 The lack of liquidity will create vacuums beneath asset prices, stocks, bonds, commodities and will culminate in a currency/credit crunch. This is very easy to see and anticipate if you are willing to see it. The “light switch” moment is near. Should we see a day where the Dow loses 700-1,000 points followed by another disaster day …it will be game over. Should the PPT lose credibility, neither the Fed “put” nor PPT “put” will be in place and it will be every man for himself. We are very close to the moment in time where the only solution to halt the selling will be to “pull the plug”!

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