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July 4, 2015 | Divided Greece; Eve of Referendum Polls Split; 20,000 Rally ‘No’ and 20,0000 Rally ‘Yes’; Back Home From 17 Days in Iceland

Mike 'Mish' Shedlock

Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

Eve of Referendum Polls SplitOn the eve of the referendum, Greek voters are undecided how to vote. If one believes the polls, it’s essentially a dead heat with 43% ‘no’, 42.5% ‘yes’ and the rest undecided.

Of course, the accuracy of the polls is seriously in question.

Divided Greece

Bloomberg reports Greece Divided on Eve of Referendum to Chart New Economic Course

“What is certain is that come Monday, Greece won’t be facing just massive economic problems; it will be a deeply divided country,” said Nikos Marantzidis, a pollster and professor of political science at the University of Macedonia in northern Greece. “If the economic situation deteriorates further, which it probably will, the divide will only run deeper.”

Bloomberg Poll

 

20,000 Rally ‘No’ and 20,0000 Rally ‘Yes’

RT has an interesting video of rallies with each side claiming 20,000 participants.

Link if video does not play: Drone View of Greek Rallies

We find out soon enough. Polls are open 7:00AM to 7:00PM on July 5.

On Way Home From Iceland

Liz and I left Iceland today after a glorious 17 day trip in which we got little sleep. Sunset and sunrise were 1.5 to 3 hours apart and we were typically up for both.

I blogged in the afternoons, and we stayed in 14 different cities on our route.

With travel, blogging and photography, on several days I got as little as 2-3 hours sleep, and seldom more than 5 hours.

Will post some images after I edit them.

BitGold Update

I received many reader question regarding my post BitGold Now Available in US! Why BitGold?

I expect to have answers to all of them early next week.

Mike “Mish” Shedlock
http://globaleconomicanalysis.blogspot.com

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July 4th, 2015

Posted In: Mish Talk

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