I am certainly not the first to notice that something is going on here. It is so unusual that it bears repeating. In my opinion, and I’m not the first one to say this either, we should pay attention and act accordingly. [Note that I do not offer financial or investment "advice" and you should not rely on my opinions.] The charts look as if the big market players have, and are, running for the hills. The flight to safety is so remarkable that the repo auctions have been failing, and demand for 13 week Treasury bills is so high that the interest rate has plummeted to essentially zero. This has not happened for something like 50 years. Read it and decide what is it telling you? (chart from March 20, 2008)
