The Soft War for World Leadership

This morning we look at the “soft war” for control of the world.  We review a multiplicity of organizations that are in the running for the honor of becoming the global tax collectors, from the UN on down.  And we review how Germany was strong-armed out of demanding its gold (allegedly) on deposit at the NY Fed.  We then consider a Swiss vote on gold backing for the franc that could cause turmoil in global financial markets next month.

But on nippy mornings like this, no point is going to work without coffee, headlines, and our Trading Model.  We encourage an early start today, so you’ll have time to digest the Fed Meeting minutes after lunch.

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