Brexit, Pursued by a Bear

Extra credit if you caught the literary reference in today's title.

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The five tops hang from the Spiral not unlike an Alexander Calder mobile.

Mobile c.1932 Alexander Calder 1898-1976 Lent from a private collection 1992 http://www.tate.org.uk/art/work/L01686
Mobile c.1932 Alexander Calder 1898-1976 Lent from a private collection 1992 http://www.tate.org.uk/art/work/L01686

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062516yengold

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Weekly Update

The Money Pump is still printing.

060516pumpbig

click chart to enlarge The Money Printing Pump - not bearish. The bankers are getting less bang for their buck here though.

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060516goldcheap

click chart to enlarge Gold is cheaper AFTER it went up $30.

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