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| Michael Ballanger |
What the Markets Have in Common with the Film 'Casablanca' |
As I watched Wednesday's CPI (inflation) number reported by the Commerce Department, I was immediately reminded of that classic scene from legendary WWII flick "Casablanca," where Claude Rains, playing police Captain Renault, shuts down Humphrey Bogart's casino/nightclub with the immortal words, "I shocked—SHOCKED—to find out that gambling is going on in here!" The croupier hands him a wad of bills—"Your winnings, sir"—to which he says, "Oh thank you very much. Now everyone out of here!"
Well,Saturday, February 17, 2018 |
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| Chris Martenson |
The Value Of Bitcoin |
So... in the past week, I’ve been asked for advice on Bitcoin by my brother-in-law, my local realtor, and close friends from as far away as Texas.
None of them cared to learn what it actually is. Or how it works. They just wanted to understand why suddenly so many folks they know are trying to buy Bitcoin hand over fist. And, of course, should they buy in now, too?
If you (or people you care about) have similar questions, this report is for you.
A Brave New World
Remember the scene from the moviSaturday, January 6, 2018 |
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| Mark O'Byrne - gold.ie |
Global Outlook – Mad, Mad, Mad, MAD World: News in Charts |
by
Alarm bells are ringing for economic fundamentalists such as Fathom Consulting.
Asset prices look increasingly out of step with fundamentals, and in some cases they look downright bubbly. And other geopolitical developments are similarly alarming. One might even describe them as…
Mad:
Equity prices in developed economies, and specifically in the US, are more than one standard deviation higher than their long-run average in relation to nominal GDP.
Mad:
The Nasdaq has again played its part, Sunday, October 8, 2017 |
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| Chris Powell - GATA |
President's top candidate to lead Fed knows all about gold market rigging |
President Trump's top candidate for the next chairman of the Federal Reserve Board appears to be former board member Kevin M. Warsh, who has complained repeatedly about the Fed's manipulation of markets and in 2009 revealed to GATA that the Fed has secret gold swap arrangements with foreign banks.
According to news reports like this one from Bloomberg today --
https://www.bloomberg.com/news/articles/2017-09-29/trump-mnuchin-are-sai...
-- Warsh met Thursday with the president and Treasury SecretaMonday, October 2, 2017 |
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| Chris Powell - GATA |
Wall Street Journal still isn't ready to question central banking |
The Wall Street Journal's feeble attempt this week to acknowledge the issue of gold market rigging by the U.S. government at least landed on the newspaper's front page today. You can see its display at the lower left side of the page here:
http://www.gata.org/files/WallStreetJournalFrontPage-08-11-2017.jpg
The report signifies that the situation with gold has become crazy enough that it now can be discussed in polite company. The report also signifies that no one who wants to maintain respectabiMonday, August 14, 2017 |
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| Mish - Global Economic Analysis |
Zombie Corporations Litter Europe, Kept Alive by ECB |
Bank of America says 9% of European firms have subpar interest coverage. Bloomberg covers the story in its report Zombie Companies Littering Europe May Tie the ECB’s Hands for Years.
Watch out for the zombies.
The plethora of companies propped up by the European Central Bank will limit policy makers’ ability to withdraw monetary stimulus that’s been supporting the continent’s bond market since the financial crisis, according to strategists at Bank of America Corp. About 9 percent of Europe’s bSunday, July 30, 2017 |
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| Mac Slavo - ShtfPlan |
The Mother Of All Bubbles: “This Unsustainable System Will F... |
This report was originally published by Adam Taggart at PeakProsperity.com
What To Do With Your Cash?
By Adam Taggart
Have you moved a material percentage of your financial portfolio to cash? Have you become so concerned about the meteoric ramp upwards in asset prices that you find it wiser instead to move to the sidelines, build “dry powder”, and wait to re-enter the markets at saner valuations?
If so, you have my sympathies.
The past 5+ years have been brutal for savers pursuing this strategyMonday, July 24, 2017 |
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| Graham Summer - Gains Pains & Capital |
“Time To Position In Gold Is Right Now” – Rickards |
“Time To Position In Gold Is Right Now” – Rickards
- "Time to position in gold is right now” - James Rickards- Fed has hit the ‘pause’ button; No more rate hikes for foreseeable future- Fed’s theories "bear no relation to reality" and has "blundered by raising rates"- Growth is weak, inflation is weak, retail sales and real incomes are weak- Tight money, weak economy & stock bubble classic recipe for market crash- Reduce allocations to stocks and reallocate to defensive assets such as gold- "GWednesday, July 19, 2017 |
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| Egon von Greyerz - Matterhorn AM |
THE GOLD PRICE IS FAKE NEWS |
Lethargic summer markets tend to instil a sense of false security. Stocks and property are near all-time highs, interest rates are at 72 year lows and most investors feel richer than ever. Central banks signal strong economies with indications of higher interest rates and tapering of their balance sheets.
Central Bank Chief Beheaded
As I discussed last week’s article about the Fed, we must never trust central banks since they are always hopelessly wrong. Sweden is another example of a central baSaturday, July 15, 2017 |
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| John Butler - Goldmoney |
The Golden Revolution, Revisited: Chapter 2 |
This Insight is the fourth in the serial publication of the new, Revisited edition of my book, The Golden Revolution (John Wiley and Sons, 2012). (The first instalment can be found here.) The book is being published by Goldmoney and will also appear as a special series of Goldmoney Insights over the coming months. This instalment comprises the second chapter of Section I.View the Entire Research Piece as a PDF here.Cantillion and the Austrian Economic School on Money and Financial Crises“There iWednesday, June 14, 2017 |
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| Egon von Greyerz - Matterhorn AM |
The More Central Banks Print, The More Gold Silk Road Countries Will Buy |
To ride a bull market is like climbing a wall of worry. Most of the time the market seems to be consolidating or correcting. The bull market in gold fits that picture perfectly. It started in 1999 at $250 but very few got in at the very bottom. We entered the market in 2002 at $300 with a very strong belief that the world economy and financial system would have unsolvable problems. Since then we have seen a very strong bull market interrupted by totally normal corrections. AdTuesday, May 2, 2017 |
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| Sprott Money |
Russian Roulette, Central Banks, and Gold - Gary Christenson |
Grab your ultra-reliable 357 magnum revolver and load the cylinder
with six, not one, rounds of ammunition. Point the gun at your head if
you are a member of the struggling middle-class. Imagine pulling the
trigger and hoping …
Do you feel lucky?
The Six Loads of Ammunition for your 357 revolver are:
#1: Central banks and commercial banks exert a huge influence
over all aspects of our financial lives. Paper currencies issued by
central banks, digital currency units, credit card debt, pensioFriday, March 24, 2017 |
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| Chris Martenson |
The Coming Great Wealth Transfer |
In the past, I've warned about the coming Great Wealth Transfer. But now we need to talk about it in the present tense, because it’s here.
And it will only accelerate from here on out. The Rich will get richer at the expense of everybody else.
This isn't personal. It's simply a feature of what happens near the end of a debt-based monetary system run by corruptible humans.
Of course, those in charge don't think of themselves as corrupted or villainous. I'm sure that Federal Reserve Chairs GreensTuesday, March 7, 2017 |
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| Egon von Greyerz - Matterhorn AM |
IT WILL ALL GO HORRIBLY WRONG |
IT WILL ALL GO HORRIBLY WRONG
By Egon von Greyerz
To own gold is not climbing a wall of worry. For anyone who understands the problems that the world is now facing, physical gold ownership gives peace of mind and the best insurance that money can buy. So why is less than 0.5% of world financial assets invested in gold and gold stocks? There are several reasons for this. Firstly, 100 years of massive credit expansion and money printing have mainly inflated the asset classes that investors understFriday, March 3, 2017 |
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| Mark O'Byrne - gold.ie |
Trump Avoid Debt Crisis “Extremely Unlikely” – Rickards |
Trump Avoid Debt Crisis ? “Extremely Unlikely” says Rickards
The upcoming March 15 U.S. debt ceiling deadline is something that is being largely ignored by markets and most media for now. Despite it being just 9 trading days away. This will change in the coming days and is one of the many reasons why we are bullish on gold.
Source: CNN
James Rickards writing for the Daily Reckoning today looks at the important ‘next signal to watch’ and explains that Trump and his advisors believe they can avoidThursday, March 2, 2017 |
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| Wolf Richter |
Whatever Happened to Inflation after All This Money Printing It Has Arrived! |
Workers, bondholders, savers get sacked. So what would Yellen do?
Consumer prices surged 0.6% in January from December, double the consensus forecast of a 0.3% rise. The sharpest monthly increase since February 2013, according to the Bureau of Labor Statistics.
Energy prices jumped 4% month over month, including gasoline which jumped 7.8%. Food prices edged up 0.1%. Within this group, “food at home” was unchanged, but prices for “food away from home” – restaurants, taco trucks, and the like – juThursday, February 16, 2017 |
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| Captain Hook - Treasure Chest |
Nothing to Lose - Mr. Trump |
This is an open letter to President Trump, which I hope he both reads and understands. By way of introduction, and something you may or may not be ware of, I penned this piece entitled Braveheart back in November to celebrate your wonderful win, where you were elected the 'hero of the republic and common folk' - their savior from the evil doers. That said, and to set the tone for this open letter to you, please see recent comments from commentary published a few weeks back involving possible incThursday, February 9, 2017 |
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| Captain Hook - Treasure Chest |
Year of the Rooster |
Donald Trump is now the new President of the United States of America (USA), such as it is, where libertarians and conservatives should be rejoicing – right? Well, maybe if he’s able to repeal Rule 41 and is able to right off a lot of debt without imploding the financial system (not possible) – yes – one must agree. However this is all speculation at this point – as is all the optimism associated with Trump, where like Reaganomics, Trumponomics, is expected to ‘reignite’ the US economy after 30-Monday, January 30, 2017 |
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| Egon von Greyerz - Matterhorn AM |
2017 – Spectacular For Gold And Silver But Disaster For Bonds And Stocks |
2017 has just started but some longer-term trend changes already seem to develop. It is interesting how a new year combined with a new US president act as a catalyst for what will be the start of monumental events in the world economy. Not that many of these will come as a surprise to the readers of my articles but for the rest of the world, there will be one shock after the next which will create real panic.
We are now seeing the beginning of reversals in many markets. Some of these new trendsMonday, January 16, 2017 |
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| Mark O'Byrne - gold.ie |
Gold Lower Before Trump Presidency – Strong Gains Akin To After Obama Inauguration |
Gold prices have had a good start to 2017 and has made gains in the majority of currencies, building on the strong gains seen in 2016. So far in 2017, gold is 3.5% higher in dollars, 2.3% higher in euros and 4% higher in sterling.
Gold Annual Returns During First Four Years Of Obama Presidency – Goldprice.org
Increasing nerves regarding the Trump Presidency likely account for some of the gains. Although the fundamentals of the gold market remain strong even were Trump not becoming President of tFriday, January 13, 2017 |
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