golemxiv.co.uk / OCTOBER 20, 2014
I think Friday saw a power-shift from the central banks to the global private banks. I think the global banks served notice that the Central bank plan of 1) reining in the risk-taking of the TBTF banks and 2) stimulating growth in the real economy is now dead in [...]
zerohedge.com / by Tyler Durden / 10/16/2014 08:08 -0400
If you thought the last several days were volatile in the market, you ain’t seen nothing yet: judging by the early liquidity, or rather complete lack thereof, in the market moving E-Mini contract, the asset class through which as we disclosed a month ago central banks [...]
charleshughsmith.blogspot.com / By CHARLES HUGH SMITH / OCTOBER 15, 2014
Central banks have reached a fork in the road.
Never before have quasi-omnipotent financial gods had so few powers. A lot is being written about central bank policies now as the Federal Reserve ends its primary quantitative easing (QE) program and the limitations of central [...]
news.goldseek.com / By Manish Thatte / 15 October 2014
At the outset, let me make this clear, that I am not a gold bug, nor am I in favor of or fear of a financial cataclysm and neither am I in the pay of the Keynesians. I am just a student of gold and its [...]
blog.milesfranklin.com / Miles Franklin, Ltd / October 15th, 2014
Q: James Rickards has stated in a number of interviews that the central banks will fail within the next few years. He also predicts that SDRs will then be used for world commerce. Whether central banks or the World Bank aren’t we talking about the [...]
arabianmoney.net / 15 October 2014
A sudden and precipitous fall in the bond market is the biggest worry at the Bank of International Settlements, the central bank for the central banks based in Basel, according to Guy Debelle, head of the BIS’s market committee.
Speaking in Sydney and cited in The Daily Telegraph today, [...]
jessescrossroadscafe.blogspot.com / 14 OCTOBER 2014
Except for a few Asian countries, and special situations not pictured perhaps, it looks like a global slump from here.
There are still a select few unbroken housing bubbles out there that may find some adjustment in a future capital crisis. Canada and Australia come to mind, among others.
golemxiv.co.uk / OCTOBER 13, 2014
Either everything’s already fixed or is being fixed as we speak by those clever people at the central banks and our oh-so-caring Leaders OR its a sham and and shambles. You decide. A first video blog. I just want to make it clear – I do say it in [...]
Junk Bond Prices Have Been Setting Lower Lows Since July
wallstreetonparade.com / By Pam Martens and Russ Martens / October 14, 2014
Yes, there is a wall of worry that the stock market is no longer climbing but is now descending. The greatest worry, that makes all others pale in comparison, is that the [...]
bullionstar.com / Koos Jansen / 02-10-2014 18:05
Every month the Federal Reserve bank of New York (FRBNY) publishes the amount of gold it holds in custody for 36 foreign central banks and the IMF. After a significant drop in July of 24 tonnes, 15 tonnes were withdrawn from the vaults in August. Germany is the [...]
zerohedge.com / by Tyler Durden / 10/14/2014 06:47 -0400
So far the overnight session has been a mirror image of Monday’s, when futures languished at the lows only to ramp higher as soon as Europe started BTFD. Today, on the other hand, we had a rather amusing surge in the AUDJPY as several central banks [...]
goldbroker.com / Philippe Herlin / Oct 9, 2014
Central banks have kept silent about this but it’s hard to believe that manipulating the foreign exchange market isn’t part of their policies; it’s probably also part of their new strategy.
Neither injecting liquidity nor keeping interest rates near zero have worked. All hopes for any economic [...]
tfmetalsreport.com / By Turd Ferguson / October 10, 2014
Will November 30, 2014 be a seminal day in the fight to return the world to a system of sound money? Maybe. But only if the good people of Switzerland ignore their devious central bankers and sycophant media.
Regular readers of this site know [...]
davidstockmanscontracorner.com / by David Stockman / October 9, 2014
Foxconn workers are striking again—this time in Chongqing. But you have to look at the map to see why this is an event of extraordinary significance. In a word, these strikes mean that the rice paddies of China have been nearly drained of cheap, docile labor.
news.goldseek.com / By: Axel G. Merk, Merk Investments / 9 October 2014
To make sense of the markets, it may be ever more important to dissect what we may call convincingly irrational behavior by policy makers. To make sense of stocks, bonds and currencies, you might need to discern some of the madness that’s [...]
goldsilverworlds.com / By Taki Tsaklanos / October 8, 2014
Most believe that expansionary monetary policy helps ease crises. Austrian School economists argue that central banks don’t help in smoothing the amplitude of the cycles, but rather are the cause of cycles. In this microdocumentary video, we look back at four major busts in the [...]
Elvira Nabiullina, chairman of Russia’s central bank, sits and listens during the VTB Capital Investment Forum “Russia Calling” in Moscow, Russia, on Oct. 2, 2014
zerohedge.com / by Tyler Durden / 10/08/2014 09:07
Recently, not a day passes without the Russian Ruble hitting new record lows against the US Dollar due to a [...]
gold-eagle.com / Graham Summers / October 6, 2014
We are getting clear signals from the “smart money” that something bad is looming on the horizon.
The most obvious signal comes from the ultra-wealthy (those worth $20 million or more) who are rapidly moving out of paper assets and into real assets.
For this reason, [...]
goldsilverworlds.com / BY Taki Tsaklanos / October 6, 2014
As the chart below shows, gold has tracked the expansion in US debt pretty handily. The correlation between the two is +0.86.
You can see in 2011, the rise in the gold price became overextended relative to the rise in US debt. Then it decoupled [...]
zerohedge.com / Excerpted from Michael Pettis’ China Financial Markets blog / 10/06/2014 19:01
This may be excessively optimistic on my part, but there seems to be a slow change in the way the world thinks about reserve currencies. For a long time it was widely accepted that reserve currency status granted the provider of the [...]