“Thus, it should be understood that when pro-US figures use the term, 'rules-based international order,' they are not referring to anything analogous to the rule of law. Quite the opposite, they are using Orwellian language to describe a system in which essentially no rules can be established and/or observed, given that the dominant state has the prerogative to violate and/or rewrite “rules” at its whim.” Aaron Good, American Exception
03 April 2017
First Quarter Returns on Stocks and Precious Metals - Hi Yo Silver
The higher beta (volatility) assets outperformed in their class in the first quarter of 2017.
Gains were led by silver and big cap tech in the Nasdaq 100 at 14% and 11% respectively.
Gold gained 8.6% and the broader SP 500 came in at 4.8%.