doctorhousingbubble.com / Dr. Housing Bubble / August 24th, 2014
There was much celebration regarding the jump in private housing starts. However, once you begin to look beyond the headlines you realize that the big jump came largely because of multi-family starts. In other words, building more rentals in the form of apartments for [...]
blog.milesfranklin.com / By Andrew Hoffman / August 20th, 2014
As the financial world nears the end of its six-year trek across the Sahara Desert of money printing, market manipulation and propaganda, en route to the same result of all such journeys, when undertaken without water – new “false memes” appear to emerge [...]
gold-eagle.com / By Axel Merk / August 20, 2014
Are you prepared for an “exit”? If the Fed pursues an “exit” from ultra low interest rate policy, are you prepared for an exit from the stock market should things turn South? We discuss how investors prepare, noting the most common mistakes investors make along the [...]
wolfstreet.com / by Wolf Richter / August 15, 2014
A lot of things are doing just fine in France, but the economy isn’t one of them. It’s burdened by a public sector that never ceases to bloat. In 2013, government spending, despite any overt efforts to limit it, grew to 57.1% of GDP, a [...]
zerohedge.com / by Tyler Durden on 08/15/2014 12:16
It is no secret that bond market liquidity is horrendous: this is a topic we have been discussing since early 2013, and which gained major prominence most recently when Denmark’s biggest pension fund, ATP, said “the burden of regulatory restrictions designed to rein in risky trades [...]
wolfstreet.com / by Wolf Richter / August 12, 2014
The American public is astute about a lot of things, but the stock market – despite all the hoopla in the media and even on NPR – apparently isn’t one of them. That’s what the Wells Fargo/Gallup Investor and Retirement Optimism Index survey found.
mises.org / by Dale Steinreich / Monday, August 11, 2014
August 9, 2014 marks twenty-five years since the signing into law of the US savings and loan (S&L) industry bailout, the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989. After FIRREA was signed into law by President George H.W. Bush, the [...]
truthingold.com / Dave in Denver / August 6, 2014 at 11:33
Ben Bernanke, the former chairman of America’s Federal Reserve, famously told Congress that no one really understood gold.
NM Rothschild, the Victorian banking and bullion magnate, said the same, if more wittily. “I know of only two men who really understand the value [...]
acting-man.com / Pater Tenebrarum / August 4, 2014
The Default is a Minor Problem – Argentina’s Real Problem is Something Else Entirely
By now it is well known that Argentina has been declared in default by the major credit rating agencies. This has happened in spite of the Argentine government actually depositing the [...]
zerohedge.com / by Tyler Durden / 08/01/2014 07:59 -0400
Up until the last day of July, everything was going great: stocks were solidly up for the month, the DJIA was on the verge of 17,000, and the wealth effect was flourishing, if not the economy. Then yesterday happened, and everything changed: not only [...]
zerohedge.com / by Tyler Durden / 07/28/2014 23:51 -0400
Having $50 billion of assets under potential seizure is enough to make anyone whince. However, despite a quickly worded statement on the Yukos award, Vladimir Putin seems less than anxious to find a resolution. We think we know why, and it’s very concerning.
zerohedge.com / by Tyler Durden / 07/24/2014 08:18 -0400
We warned 4 months ago that the UK especially should be fearful of sanctioning Russia and biting the hand that feeds its real estate recovery. However, it appears Cameron’s ire has got the better of him, as The Telegraph reports, allies of Vladimir [...]
acting-man.com / Pater Tenebrarum / July 18, 2014
Bond Yields Can Only Go Higher, Right?
There is a big warning sign out there that is widely ignored, so we thought we will briefly comment on it. Treasury note yields have trended lower since the beginning of the year – against widespread expectations that [...]
goldcore.com / By Mark O’Byrne / 11 July 2014
Silver Up 10.3% YTD – Should Continue To Outperform Gold And Other Assets Silver has been one of the top performing markets in recent months. Silver has risen to $21.41/oz and is up more than 10.3% year to date.
It is important to remember that silver [...]
acting-man.com / Ramsey Su / July 10, 2014
A Brilliant Plan That Won’t Work
I have been rightfully accused of being negative on housing and never offering any solutions. In this rant, I offer a very simple stimulus plan. I will explain why this plan is brilliant, but will also explain [...]
zerohedge.com / by Tyler Durden / 07/09/2014 22:31 -0400
Update 2: CYNK closed up 150%, at an all time high of $14.70, a market cap well over $4 billion. Clearly there is much untapped upside left for the company with no assets or revenues.
Update: Stock is now $14/share, implying a [...]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Monday, June 30, 2014 12:48 AM
Periodically I receive questions on gold ownership. How much should one own, and where?
Let’s start with the first question:
How Much Gold Should Someone Own?
There is no fixed answer, but rather a general methodology that I like:
truthingold.com / Dave in Denver / June 9, 2014 at 09:12
Holdings of Mitsubishi UFJ Trust and Banking Corp.’s exchange-traded gold fund rose to a record as falling bullion prices attracted investors in Japan.
Assets in the ETF, the biggest among five such products in the country, increased by 197 [...]
goldcore.com / By Mark O’Byrne / 30 May 2014
It is worth considering seasonal trends and June is traditionally one of the weakest months for gold (see heatmap). Gold’s 5 year and 10 year average performance in June is negative.
Gold Seasonality Chart – Heatmap (Bloomberg)
It is also worth considering last year’s [...]
zerohedge.com / by Tyler Durden / 05/01/2014 08:07 -0400
As we noted on the last day of March, April was supposed to be the best month for stocks, with an average return since 1950 of over 2%. It wasn’t.
In fact it barely managed to eek out a positive return, treading [...]
zerohedge.com / by Tyler Durden / 04/28/2014 09:27 -0400
While Jay Carney and the White House continue to press their “sell” recommendation on Russian assets, it appears the market is buying the news (after selling the rumor). Russian stocks are ripping higher on “better than expected” sanctions and the Ruble is strengthening notably… [...]
zerohedge.com / by Tyler Durden / 04/21/2014 06:47 -0400
Earlier today, the Central Bank of Russia announced that starting April 21, it would revoke the license of Moscow’s Bank Zapadny. According to reports, “the bank had cooked its books and failed to comply with regulations on the amount of assets a financial organization [...]
danielamerman.com / by Daniel R. Amerman
Bail-ins are a new way of “rescuing” banks and other financial organizations that have been sweeping around the world, even as they rewrite the rules for investors and depositors.
Bail-ins have already occurred in Cyprus with their banking system, as well as with the retirement system in Poland. The [...]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Tuesday, March 25, 2014 1:49 AM
It is extremely difficult to sit out a party. Do so and you lose both clients and assets. Invest in unloved and undervalued assets and you do even worse.
But what is the alternative? Get drunk like everyone else?
I have to [...]
zerohedge.com / by Tyler Durden / 03/24/2014 22:11 -0400
In the land of the free and the home of the entitled, the sad (but true) nature of income inequality’s inexorable rise in the past few years has a somewhat more startling impact on the future. With work being punished for the marginal employee and the [...]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Friday, March 21, 2014 4:05 AM
Inquiring minds are tuning into a report on the Ponzi finance setup in China. Most assume China can grow at 7% a year, a notion that I have challenged on many occasions. Morgan Stanley agrees.
Please consider Morgan Stanley: China’s Minsky Moment [...]
shtfplan.com / Mac Slavo / March 19th, 2014
On Monday the U.S. government took steps to seize the US-based assets of Russian lawmakers and anyone else that the US government deemed complicit in supporting the Crimean secession movement.
We’ve seen the U.S. government do this in countless cases surrounding drug andfinancial crimes, and sometimes even [...]
dollarvigilante.com / Jeff Berwick / March 19th, 2014
Are you aware of the Foreign Account Tax Compliance Act (FATCA)? If you aren’t and you are an American with assets outside of the country or have future plans to do so you should be very aware of it!
FATCA is a typical omnibus [...]