Quotable
“More than any other time in history, mankind faces a crossroads. One path leads to despair and utter hopelessness. The other, to total extinction. Let us pray we have the wisdom to choose correctly.” -Woody Allen 

FX Trading – Even gold agnostics must never say never!

Where does one hide if bond markets everywhere look risky at the same time?  In another excellent article by Ambrose Evans-Pritchard at the UK Telegraph, sent to us by a friend, Ambrose summarizes the latest very scary warnings from the Bank of International Settlements about sovereign debt crisis [our emphasis]:

….read it all HERE