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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
  • Spain ETF (EWP) Hits Trendline Resistance 0 comments
    Aug 20, 2012 1:26 PM | about stocks: EWP

    Well, it's been a nice little run for the iShares Spanish ETF (NYSEARCA:EWP), but trendline resistance is at hand.

    (click to enlarge)

    It'll be interesting to see if recent momentum can continue to push EWP higher.

    Stocks: EWP
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