srsroccoreport.com / October 22, 2014
While the Fed and Western Central Banks continue to prop up the entire market, investors took advantage of the manipulated low silver price by purchasing a record amount of Silver Eagles in October. Silver Eagle sales were also extremely strong last month as total sales reached 4.1 million in September.
davidstockmanscontracorner.com / By Howard R. Gold at MarketWatch / October 22, 2014
Things were looking grim last week, especially on Wednesday, when the Dow Jones Industrial Average was at one point down by 460.
The CBOE VIX indicator soared to the mid-20s for the first time in two years. Fear was palpable as investors had [...]
news.goldseek.com / By Clif Droke, Gold Strategies Review / 22 October 2014
A swan dive in commodity prices followed by the latest stock market correction has investors talking about the “D word” once again. References to deflation abound in the news while economists seriously discuss the possibility of a global economic recession. What, they [...]
jessescrossroadscafe.blogspot.com / 22 OCTOBER 2014
“In the last days, perilous times shall come. For men shall be lovers of their own selves, covetous, boasters, traitors, heady, high-minded having a form of godliness, but denying the power thereof. Evil men and seducers shall wax worse and worse, deceiving and being deceived.”
John Henry Newman
zerohedge.com / by Tyler Durden on 10/22/2014 13:27
If you wondered why “The Fed turned the market around” last week, acting so sensitively aggressive to act with stocks only down modestly from record highs, one glance at the following chart might answer the question. During last week’s turbulence, ICSC-Goldman Chain Store Sales growth plunged to [...]
zerohedge.com / by Tyler Durden on 10/22/2014 13:02
Once upon a time, one of the best sell-side analysts in the MBS space was Merrill Lynch’s “Convexity Maven” Harley Bassman: he was so good, in fact, he was quickly soaked up to the buyside, or at least the prop-trading side, when several years ago he [...]
zerohedge.com / by Tyler Durden on 10/22/2014 11:45
While we understand that following the biggest market rout in years, it was all up to the central bankers to do everything in their power to restore confidence in the market’s upward trajectory in a time when there are only 2 POMOs left under the Fed’s soon [...]
zerohedge.com / by Tyler Durden / 10/22/2014 09:58
What a difference 24 hours makes. Yesterday, ECB rumors sparked precious metal buying on heavy volume. Today, more denials of ECB corporate bond buying combined with a slightly-hotter-than-expected inflation print (i.e. lower odds of Fed unleashing QE4) has sent silver (and gold) tumbling… on very heavy volume…
davidstockmanscontracorner.com / by David Stockman / October 21, 2014
Last Wednesday the markets plunged on a vague recognition that the central bank promoted recovery story might not be on the level. But that tremor didn’t last long.
Right on cue the next day, one of the very dimmest Fed heads—James Dullard of St Louis—-mumbled [...]
dollarvigilante.com / Jeff Berwick / October 21st, 2014
People in the US and around the world are slowly figuring out that their systems are not “their” systems but systems placed over them to control and steal from them. Slowly the Republican versus Democrat debate in the US is being seen more and more as a [...]
zerohedge.com / by Tyler Durden on 10/21/2014 21:17
By now, 6 years after America’s grand experiment in recreating Soviet-style central planning started, it should be clear to all except that subset of Homo Sapiens also known as “economists”, that the Fed’s QE is not helping the economy. In fact, it is merely boosting [...]
zerohedge.com / by Tyler Durden on 10/21/2014 19:01
Just two years after “The London Whale” took a storm-in-a-teacup to a balance-sheet-busting reality for Jamie Dimon and exposed a face-slapping level of regulatory ignorance of how the TBTF banks ‘trade’ and ‘lever’ their balance sheets, the Federal Reserve’s Inspector General has issued their findings…
Bear in [...]
blog.milesfranklin.com / Andrew Hoffman / October 21st, 2014
When we wrote the world is “coming apart at the seams” last week, we weren’t kidding! Watching Western “manipulation mechanisms” blatantly attempt to prevent universal realization that we have arrived at “2008, with one temporary exception,” it could not be clearer how close the end game is [...]
zerohedge.com / by Tyler Durden on 10/21/2014 11:58
We have all seen it countless times before: visual confirmation that without the Fed’s (and all other central banks’) liquidity pump, the S&P would be about 70% lower than were it is now.
Most recently, this was shown last Friday in “Another Reminder How Addicted Markets [...]
gold-eagle.com / BY Stewart Thomson / October 21, 2014
While all “systems are go” for the precious metals sector, or at least appear that way, things are substantially more questionable for the world’s stock, bond, and real estate markets.
India’s top central banker, Raghuram Rajan, is highly educated, in both engineering and economics. He’s [...]
blog.milesfranklin.com / Bill Holter / October 21st, 2014
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 [...]
mises.org / by Frank Shostak / Tuesday, October 21, 2014
Economists at the Federal Reserve have devised a new indicator, which they hold will enable US central bank policymakers to get better information regarding the state of the labor market. The metric is labeled as the Labor Market Conditions Index (LMCI).
Note that [...]
zerohedge.com / Excerpted from John Hussman’s Weekly Market Comment / 10/20/2014 11:14
Abrupt market losses typically reflect compressed risk premiums that are then joined by a shift toward increased risk aversion by investors. In market cycles across history, we find that the distinction between an overvalued market that continues to become more overvalued, and [...]
zerohedge.com / by Tyler Durden on 10/20/2014 17:49
“Markets are slowly coming to grips with reality is not going to be as easy as everybody thought,” Peter Schiff tells CNBC’s Rick Santelli, noting the pick up in volatility across asset classes recently. What The Fed clearly does not understand, Schiff blasts, is that “you cannot [...]
zerohedge.com / by Tyler Durden on 10/20/2014 17:17
Communication… Transparency… Optimal Control? Or Schizophrenia, Paranoia, and Mass Confusion?
Welcome to the Dow-Data-DependentTM Fed