Universa%20Spitznagel%205.21.pdf Download this file "Mises’ great insight was that the foundation of material civilization is the entrepreneurs’ patience in refraining from consuming a portion of their produced goods and returning it to the drawn-out production process. Only savings—that is, foregone consumption—creates capital goods and wealth. “Those saving—that is consuming less than their...

Quelle: http://www.onvista.de/fonds/charts/performance.html'ID_INSTRUMENT=18036183&TIME_SPAN=50M&VOLUME=0&ID_EXCHANGE=KAG&TYPE=LINE&SCALE=rel&DISPLAY_TYPE=LINE&SUPP_INFO=0&AVG1=0&AVG2=0&ID_NOTATION_COMP1=193757&ID_NOTATION_COMP3=0&ID_NOTATION_COMP4=0#chart_01 Die obige Graphik zeigt die Entwicklung des STOXX® EUROPE 600 BANKS SHORT DAILY ETF von DB-X-Tracke r im Vergleich zu seinem Referenzindex.

...und Gold fällt trotzdem...Deleveraging (aka "Abbau gehebelter Positionen")? http://www.zerohedge.com/news/global-systemic-risk-soars-5-month-highs