What do Basel 3 and Oscar Carboni have in common?

Nothing.

Yesterday Oscar states "don't fall in love with the downside, bonds are going to get hit and propel stocks higher."


FYI Basel 3 also elevates Gold to be a tier 1 asset, the best.   So it is as "good as cash", kind of funny really.   Basel is the Central Bank of central banks.  They are requiring central banks to hold more Tier 1 assets and that goal keeps increasing, see chart below.

 Oscar introduces a new trade idea....holiday reversals.

http://livewithoscar.com/DailyVideo.aspx

and Finally as Orwell is RAFB (Rolling and Freakin Barfing) in his grave, Scotland appoint a government worker to look after every single child.   So as a parent, you will have a Goverment worker speaking privately to your child and you cannot be there.

http://www.scotsman.com/news/stuart-walton-care-plan-sees-dystopian-future-arriving-early-1-2922270