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Playing the Ponzi
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Why “Playing the Ponzi”? I view the entire monetary and financial system as something of a Ponzi scheme. Starting with currency that is created as debt, and running straight through a global economic model that is based on infinite growth in a finite world. This won’t end well. I’d go a step... More
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Playing the Ponzi
  • VEU Facing Resistance 0 comments
    Mar 19, 2013 12:07 PM | about stocks: VEU

    VEU (Vanguard's all-World, ex-US ETF) is butting against a downward trendline that starts at the 2008 peak and through the 2011 highs. This area could also be the right shoulder of a 5-year Head and Shoulders pattern. This is probably a chart worth keeping an eye on.

    (click to enlarge)

    Stocks: VEU
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