| |
 | Michael Ballanger |
Never Underestimate the Replacement Power of Equities Within a (HYPER) Inflationary Spiral  |
| Before I launch into one of my classic, bitter, vitriolic diatribes against all forms of modern-day interventionalist-type, fraudulent excuses for what use to be "free markets," have a gander at the chart below. Pay particular attention to the smiles on all of those beaming faces. . .
Alan Greenspan, Ben Bernanke, sidekick Hank Paulson, "Rescue Queen" Janet Yellen, and finally Donald "the Swamp Filler" Trump have all conspired and colluded to ensure that the world has perennially rising stockFriday, January 19, 2018 |
|
| Graham Summer - Gains Pains & Capital |
| Amid Growing Risks And Diminishing Returns From Algos, Former Blackrock Elite Take On Mindless Robots |
| As ZeroHedge readers are keenly aware, 2008 kicked off the largest financial engineering experiment in history – namely, the beginning of 12.3 Trillion in QE and the lowest interest rates in 5,000 years. The plan, hatched by Bush-era Fed Chairman Ben Bernanke and Treasury Secretary Hank Paulson, created a ‘Fed Put’ underneath the markets first made popular by Alan Greenspan – an implicit guarantee that no matter how bad things got, the Fed would actively combat financial disaster.
As a result, mWednesday, September 27, 2017 |
|
 | Andy Hoffman - Miles Franklin |
| Feast Or “Famine” |
| Just 24 hours ago, for the first time I can remember, I was on the verge of sitting down to write without a single item of focus, given just how quiet the weekend’s news flow was. Subsequently, I was “saved before the bell” – when China’s People Daily unleashed a scathing attack on Western government, claiming it was ready to assume the global leadership being actively abdicated by today’s supposed “leaders.” Thus, the “upcoming, unprecedented, world-changing clash of civilizations” was born.
Tuesday, January 24, 2017 |
|
 | FOFOA - FoFOA |
| Happy New Year! |
| 2017
Year of Hope and Change
The day I began this blog, 8/23/08, was two days before the 2008 Democratic National Convention, which nominated then-senator Barack Obama on a platform of Hope and Change. (Coincidentally (and pretty funny now in hindsight), Obama won the most delegates, but Hillary won the popular vote!):
Twenty days from now, on January 20th, we'll be done with Obama's version and, Michelle's opinion notwithstanding, we'll finally get to experience some real Hope and Change,Sunday, January 1, 2017 |
|
 | Jeffrey Lewis |
| Financial Fire Hoses and Helicopters |
| “The U.S. government has a technology, called a printing press (or today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at no cost.” – Ben BernankeModern finance ultimately comes down to managing serious crises and transitions in a way that is profitable for policy makers and elite. The inevitable chaos, like the death of a fiat currency and the return to a real market price equilibrium, is much more dramatic.History will only report the extremes. But weMonday, August 8, 2016 |
|
 | Mac Slavo - ShtfPlan |
| Bix Weir Warns Economic Collapse Coming Before Election: “August, September Time-Frame” |
| Crisis may be coming, and soon.
Who can say if such a bold prediction holds any weight. Maybe it is true that no man knows the hour when true crisis will come.
But it is all building to a dark crescendo, and there are many who see the front coming in, and those who can feel it in their veins.
And history loves the early fall for a crisis.
It was September 2008 when Lehman Brothers collapsed, and things became official. The Treasury, under Goldman Sachs’ Hank Paulson, hurried everyone into a quicThursday, July 21, 2016 |
|
 | Tim Iacono - Iacono Research |
| The Rubes Are On to the Rig |
| David Stockman details The End Game Of Bubble Finance – Political Revolt:
By the eve of the great financial crisis, the GOP was actually controlled by the racketeers of the Beltway and the Wall Street gamblers, not the red state voters who had elected it.
In fact, Goldman’s Sach’s plenipotentiary to Washington, Hank Paulson, was in complete command of the elected side of government. At the same time, the Bush White House had populated the central banking branch of the state with proponents Tuesday, June 28, 2016 |
|
 | Tom DiLorenzo - lewRockwell |
| Toss Off the GOP-Goldman Elite |
| It’s hard to imagine a better endorsement of Donald Trump’s economic policies – whatever they may be, whenever he finds the time to explain them – than the recent endorsement of Hillary Clinton by former Goldman Sachs CEO and U.S. Treasury Secretary Hank Paulson. As the man in charge of the biggest explosion of corporate welfare in world history – the “TARP” bailouts, he defined himself as a sworn enemy of capitalism and a socialist when it comes to the capital markets. Socializing billions ofMonday, June 27, 2016 |
|
| Andy Hoffman - Miles Franklin |
| Market Manipulation Goes Mainstream, As The Powers That Be Turn On Each Other |
| The war for $1,300/oz – which gold, aside from a Cartel-capped blip 16 months ago – hasn’t traded at for nearly two years – is ON! The Cartel, fresh from having lost its 2½ month battle to defend its previous “line in the sand” at $1,250/oz – having taken their naked “commercial” short position to nearly a record high in the process – is sucking wind big time. Let alone in silver; in which their short position is literally at an all-time high, as they try to figure out whether their next “battTuesday, May 3, 2016 |
|
 | Mish - Global Economic Analysis |
| Italy Concocts €5 Billion “Atlas” Rescue Fund to Cure €360 Billion in Non-Performing Loans; At Gunpoint |
| Atlas to the Rescue
Italian banks have €360 Billion in non-performing loans. They have another Thanks to €180 Billion or so in troubled loans that are late just some of the time.
To address the problem, the Italian banks came up with “whopping” €5 Billion recuse fund dubbed “Atlas”.
The deal was at gunpoint, just as happened in the US when then Treasury Secretary Hank Paulson told banks what they would do.
Please consider Italy Agrees €5bn Fund to Rescue Weaker Lenders.
I highlighted key phraseWednesday, April 13, 2016 |
|
 | David Morgan - Silver Investor |
 David Morgan: Silver Supply under $16 Is Limited. |
| Mike Gleason, Money Metals Exchange: I'm happy to welcome back our
good friend David Morgan of TheMorganReport.com and
author of the book The
Silver Manifesto. David it's a pleasure to talk to you as always, how are
you?
David Morgan, The Morgan Report: I'm doing well, thank you for
having me on your show.
Mike Gleason: Well to start out I'll ask you to comment on the market
action here in 2016 so far. Now, gold and silver have done quite well, we had
gold advancing on weakness andFriday, March 18, 2016 |
|
| Mish - Global Economic Analysis |
| Buffet’s Math Trumped by Gold |
| “The first principle is that you must not fool yourself and you are the easiest person to fool.” Richard P. Feynman
Introduction
Every year, I patiently await the release of Warren Buffet’s Annual Letter written to shareholders of Berkshire Hathaway. Though I have “evolved” when it comes to macroeconomics and my understanding of monetary history, I stiTuesday, March 1, 2016 |
|
 | Bill Holter - Miles Franklin |
| The Beginning of “the Ending Sequence”! |
| This coming week could be very telling. China just ended a disastrous week and finished just whiskers away from entering bear market (-20%) territory http://www.zerohedge.com/news/2015-06-27/chinas-370-billion-margin-call . Credit markets all over the world are weakening and yields are rising. Greece will not make their June 30 payment(s) and probably go through a referendum to decide whether or not to flip their creditors the bird in a meaningless vote. In fact, Greece will probably “goMonday, June 29, 2015 |
|
| Bill Holter - Miles Franklin |
| A GLOBAL MARGIN CALL |
| We have seen unprecedented volatility over the last 2 months, in particular the last 3 weeks. This is highly unusual as most year ends and beginnings are calm with very little news. The news on a global scale has had the volume turned up so that nearly no market has been left unaffected. The obvious markets are FOREX and oil, the not so obvious market is that of the hidden markets, OTC derivatives. We have just finished the worst three days to start the year in history, what has happened?
I wrotThursday, January 8, 2015 |
|
| Bill Holter - Miles Franklin |
| The Fed “IS” the Problem! |
| As I wrote yesterday, markets have become schizophrenic and volatility has exploded. It is obvious the uncertainty regarding “QE” (monetization) is at the heart of this renewed volatility. I do want to mention and remind you of past crashes and vicious bear markets, they ALL have seen big volatility (in both directions) prior to the collapse. 1929, 1987, 2000, 2008 …they all experienced big swings in the market prior to the big declines, this is what I believe we are experiencing now.
BeforeTuesday, October 21, 2014 |
|
| Mish - Global Economic Analysis |
| BIS Slams the Fed; Ridiculous Question of the Day: "Is The Fed Going To Attempt A Controlled Collaps |
| Earlier today, reader Charles asked me what I thought about an article on ZeroHedge entitled "Is The Fed Going To Attempt A Controlled Collapse?"
The question stems from lengthy (256 page PDF) from the BIS Annual Report (Bank for International Settlements) that stated among other things "The only source of lasting prosperity is a stronger supply side. It is essential to move away from debt as the main engine of growth."
The BIS slammed the Fed in numerous places and in numerous ways, especiallFriday, July 11, 2014 |
|
 | Jesse - Le Cafe Américain |
| The Disloyal |
| "Through the mills of God grind slowly, yet they grind exceeding small;
Though with patience He stands waiting, with exactness He grinds all."
Baron Friedrich von Logau, Sinngedichte
The Disloyal
By Golem XIV
July 1, 2014 in latest
There have been three important men in my life. The dreams of all of them have been betrayed.
My grandfather was and in many ways still is everything I admire. He began working down the pit when he was 14 years old. He retired at 65 and a few fleeting years laterWednesday, July 2, 2014 |
|
 | Ty Andros - traderview |
Surrender, GDP collapse, moral hazard  |
| This week has not been sleepy when it comes to the news. It feels like a firecracker
out there just waiting for a match in my opinion. There have been too many
issues to cover them all but here are a few TedBits for you:
Surrender
GDP collapse
Explosive divergence between volume and price
MORAL HAZARD written large
Leverage peak in stocks?
SOME People aren't DUMB
EU elites pull another FAST ONE
Surrender
One hundred years ago this week World War I commenced and the specterSunday, June 29, 2014 |
|
| Mish - Global Economic Analysis |
Is There a Climate Bubble  |
| Here's the question of the day: Is there a climate bubble?
In a New York Times op-ed, former treasury secretary Hank Paulson says there is. He calls it The Coming Climate Crash.
For too many years, we failed to rein in the excesses building up in the nation’s financial markets. When the credit bubble burst in 2008, the damage was devastating. Millions suffered. Many still do.
We’re making the same mistake today with climate change. We’re staring down a climate bubble that poses enormous risTuesday, June 24, 2014 |
|
 | Chris Powell - GATA |
| John Crudele: Did Goldman use HFT to rig markets for the U.S. government |
| By John Crudele
New York Post
Monday, April 7, 2014
http://nypost.com/2014/04/07/goldman-keeps-its-flash-boys-under-wraps/
Yep, the stock market is rigged.
I've been explaining this to you for nearly 20 years. But thanks to best-selling author 'Michael Lewis’ intriguing book "Flash Boys," which comes to the same conclusion, a much wider slice of America is talking about it now.
But Lewis' book -- as well-written and riveting as his best-seller "Moneyball" -- touched on only one way the stock marWednesday, April 9, 2014 |
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