zerohedge.com / by Tyler Durden / 12/22/2014 08:15 -0500
Over the weekend, when looking at the supply dynamics of global Treasury paper, we wrote “Bond Yields Set To Plunge In 2015: Next Year Global Treasury Supply Will Tumble By 20% As ECB Joins The Party.” This morning, Bloomberg picks up on this with “The $6.3 […]
dollarvigilante.com / By Jeff Berwick / 2014/12/16
The trajectory is clear. Painfully clear.
The US government is so beyond bankrupt it isn’t even worth belaboring the point. We’ve spent the last five years here doing so.
What is more important, if you are an American who still has most of your assets inside the […]
Jack Delano Freight train on the Chicago & North Western, Chicago to Clinton, Iowa Jan 1943
theautomaticearth.com / by Raúl Ilargi Meijer / December 14, 2014
That’s one ugly graph. Look at the difference between whites and the rest.
• Americans Are 40% Poorer Than Before The Recession (MarketWatch)
The Great Recession is officially […]
zerohedge.com / by Tyler Durden / 12/12/2014 08:24 -0500
Funny what a difference two months make. Back on October 4, we wrote “Here We Go Again: Greece Will Be In Default Within 15 Months, S&P Warns” and… nobody cared as the Greek stock market meltup continued. Now, after the biggest three-day rout in Greek […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Thursday, December 11, 2014 1:57 AM
I have been saying for years that European banks are in far worse shape than US banks. We can now show that in chart form thanks to Ophir Gottlieb, CEO of Capital Market Labs.
Let’s start with a visualization of the day: Worldwide […]
zerohedge.com / by Clive Hale / 12/10/2014 08:58 -0500
At the latest ECB press conference Draghi said that. “The monetary policy team had this week discussed buying all assets except gold”; qualifying a claim by fellow member Yves Mersch two weeks ago that gold bullion could be included.”
If central bankers truly believed in […]
marctomarket.com / by Marc Chandler / December 9, 2014
his Great Graphic was tweeted by Michael McDonough, the global head of economics for Bloomberg and its chief economist. It shows in one chart the assets of the central banks of many countries, including China (green line). Does the expansion of a central bank’s balance sheet […]
zerohedge.com /by Tyler Durden on 12/07/2014 21:21
It’s a miracle… The Vatican’s economy minister has said hundreds of millions of euros were found “tucked away” in accounts of various Holy See departments that were previously not counted on the city-state’s balance sheet. “In fact, we have discovered that the situation is much healthier than it […]
zerohedge.com / by Tyler Durden on 12/04/2014 13:05
With its bonds trading at 50% of face value, CDS implying an 84% chance of default, a black-market FX rate that signals massive devaluation is likely, and a teetering-on-the-brink of social unrest population entirely dependent on President Maduro’s generosity (and the military junta), it is perhaps not […]
news.goldseek.com / By Stefan Gleason / 3 December 2014
Much to the chagrin of the financial elite, gold and silver are reentering the American consciousness and starting to shake the wing nutty image of their recent past. But it’s taken a global financial crisis to get the public’s attention – one that could wipe […]
zerohedge.com / by Tyler Durden / 12/02/2014 09:13 -0500
Add the title of “loan shark to Dictatorships” to Goldman Sachs many varied roles around the world. As Venezuela teeters on the brink of tearings its utopian social fabric apart (by which we mean paying its soldiers while impoverishing its people to in order to maintain […]
armstrongeconomics.com / by Martin Armstrong / November 26, 2014
Here begins the Bond Bubble. The ECB will buy sovereign debt itself. This really makes little sense insofar as economics. Just print the money and stop pretending they are running anything from a conservative perspective. This is like moving $20 from your left pocket to […]
zerohedge.com / by Tyler Durden / 11/26/2014 07:04 -0500
While there has been no global economic outlook cut today, or no further pre-revision hints of “decoupling” by the apartchiks at the US Bureau of Economic Analysis, both European and US equities are pointing at a higher open, because – you guessed it – there […]
zerohedge.com / by Tyler Durden on 11/25/2014 11:32
While everyone is aware by now that the biggest component of SAC’s abnormal performance over the years was its recourse to “information arbitrage” and its reliance on “expert networks”, both of which managed to send the SAC logo to Federal Purgatory, if not the hedge fund’s […]
mises.org / Thorsten Polleit / NOVEMBER 25, 2014
The referendum on the Swiss Gold Initiative will take place on November 30.1 The Initiative demands the following: (1) The Swiss National Bank (SNB) shall be prohibited from selling any of its gold reserves; (2) the SNB’s gold reserves must be stored in Switzerland; […]
truthingold.com / Dave in Denver / November 24, 2014 at 10:13
The head of the SNB reiterated concerns that a popular vote on requiring the central bank to keep a fifth of its assets in gold would hinder its ability to conduct monetary policy.
In text of a speech to be delivered Sunday, SNB […]
zerohedge.com / by Tyler Durden / 11/24/2014 08:32 -0500
In what is hardly a surprising outcome, the parties involved in the Iran nuclear talks have decided it best for all to extend (and pretend) the discussion for another 7 months:
*IRAN NUCLEAR TALKS EXTENDED UNTIL JULY 1, OFFICIALS SAY
Diplomatic teams will reconvene in December […]
zerohedge.com / by Tyler Durden / 11/24/2014 06:59 -0500
Another day, another case of central banks, not one but two this time, dictating “price” action.
On Saturday, traders woke up to the following headlines from the ECB’s Constancio, which the market promptly digested and spun as bullish from more ECB QE, leading to one […]
goldsilverworlds.com / November 23, 2014
In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,200.29 up $11.54 per ounce (0.97%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, rose 4.24%. […]