Martin Armstrong is back explaining what's really happening in the Repo market. It's all about Europe. It's a function of the Euro's failure and the march into the safe-haven US Dollar. The Repo crisis is about Deutch Bank going down and the European politicians refuse to bail it out, what happens next? No one wants to merge with it, it's the red-headed step child of international banking. The US Dollar has no choice but to keep going up. Dow is headed much, much higher. Gold will take off as confidence in the system ebbs. US Government debt is still the standard and will remain so for a while to come.
Martin Armstrong is a world renown economist and the creator of the Economic Confidence Model. He is the founder of Armstrong Economics - a public service and blog for the average person to comprehend the global economy and for professionals to access the most sophisticated international analysis possible.