thedailysheeple.com / Chris Carrington / August 22nd, 2014
September 16th 1992 is the day that the British government had to withdraw the pound sterling from the European Exchange Rate Mechanism because it was unable to keep the pound above it’s agreed lower limit. The reason for the turmoil in 1992 was George Soros, [...]
thecommonsenseshow.com / by Dave Hodges / August 22, 2014
The cost of food has been steadily increasing in places like Thailand and Venezuela as evidenced by the fact that since the beginning of 2014, riots are occurring in countries that are suffering through extreme food shortages. These mass protests movements may all [...]
truthingold.com / Dave in Denver / August 22, 2014 at 07:30
In recent months there has been renewed investor interest in gold, with the first half of 2014 seeing the gold price rise by 10 per cent.Investors have also tempered their gold ETF selling year on year. Last year saw global gold ETF holdings decline [...]
mises.ca / by Henry Hazlitt / August 21st, 2014
The present worldwide inflation has done, and will continue to do, immense harm. But it may eventually lead to one great achievement. It may make it possible to restore (or perhaps it would be more accurate to say to create) a full 100 percent gold standard.
news.goldseek.com / By Jeff D. Opdyke / 21 August 2014
The answer: Gold.
The question: What is the best investment to own today as the Federal Reserve begins raising interest rates?
How we get to the answer — an answer that would seem to fly in the face of [...]
mises.org / by Patrick Barron / Thursday, August 21, 2014
The following are six of the most prevalent economic myths that appear time and again in the mainstream media. I will give a brief description of each and a brief description of the economic reality, as seen from an Austrian perspective.
streettalklive.com / Lance Roberts / 19 August 2014
There is much hope pinned on continuing economic recovery in the United States despite a deterioration of the global economy virtually everywhere else. According to the May 2014 Blue Chip Economic Consensus Forecasts:
“U.S. real GDP is expected to increase by 2.4 percent in [...]
sovereignman.com / by Simon Black on August 20, 2014
Sometimes I am convinced it was completely by design, and not a weird little coincidence, that one of Germany’s most sprawling red light districts is just steps away from the European Central Bank.
This fact becomes comically obvious right around happy hour… as [...]
zerohedge.com / by Tyler Durden on 08/20/2014 14:16
The Wall Street Journal’s Jon Hilsenrath unleashed an instantaneous reaction to today’s FOMC minutes and the message is clear – markets are much less uncertain than the Fed about the timing (sooner rather than later) of the first rate-hike. The minutes of the meeting, Hilsy [...]
zerohedge.com / by Tyler Durden on 08/20/2014 13:24
From Jeremy Grantham’s GMO:
We have been writing quite a bit about why asset allocation today is in one of the toughest investing environments we’ve ever encountered. And it’s not just because we think equity markets are overvalued. No, we’ve seen that plenty of [...]
kingworldnews.com / August 20, 2014
At 90 years old and still going strong, the Godfather of newsletter writers, Richard Russell, warned about a new and terrifying government confiscation that people now need to worry about. The 60-year market veteran also discussed major markets, gold, inflation, and included four fantastic charts [...]
blog.milesfranklin.com / Andrew Hoffman / August 19th, 2014
My weekly appearance on Kerry Lutz’s radio show is called “Manipulation Monday” – and yesterday’s segment takes the cake, surpassing even the “day of manipulative infamy (and failure)” that was Friday’s “convoy attack” interventions. Fortunately, the cumulative impact of our work is starting to work; as [...]
zerohedge.com / by Tyler Durden on 08/19/2014 11:59
Weaker than expected inflation and better than expected housing data sparked a dump in commodities, surge in the USDollar and US stocks. US Treasuries were unsure at first but once the US cash session opened, bonds were sold hard. The trends of the morning though have [...]
marctomarket.com / by Marc Chandler / August 19, 2014
After gapping higher yesterday, sterling has been sent sharply lower today by the lower than expected inflation figures. Just last week, the BOE had indicated that the headline CPI likely rose at a 1.9% year-over-year rate in July. Instead, it was reported a 1.6% rise [...]
zerohedge.com / by Tyler Durden / 08/19/2014 08:43 -0400
Consumer Price Inflation rose a mere 0.1% MoM in July, its equal lowest since November 2013 and in line with expectations as falling energy and transportation costs (both -0.3% MoM) led the stabilization (with a 5.9% plunge in airfares). The biggest drop was in personal computers [...]
traderdannorcini.blogspot.com / Dan Norcini / Monday, August 18, 2014
Take a look at the following chart of the TIPS spread and note the sharp plunge in the spread that has been occurring over the last few weeks. It is now at the lowest level in 9 weeks. Clearly, there has been a change in the [...]
blog.milesfranklin.com / By David Schectman / August 18th, 2014
My feelings all along were that when the ever-swelling “beneath the Middle Class” segment of Americans who subsist on unemployment and welfare checks can no longer afford the basics –medicine, housing and food – any “spark” will ignite more “Fergusons” across America.
All of us [...]
zerohedge.com / by Tyler Durden / 08/18/2014 08:09 -0400
Looking at the week ahead, in Europe the focus will likely be on the flash August PMI readings. The readings for the Euro area, Germany and France are due on Thursday. Markets are expecting a modest 0.4pt decline for the Euro area composite PMI [...]
thedailybell.com / By Staff Report / August 15, 2014
Europe’s Greater Depression is worse than the 1930s … Europe hasn’t recovered, because it hasn’t let itself. Too much fiscal austerity and too little monetary stimulus have, instead, put it more than halfway to a lost decade that’s already worse than [...]
news.goldseek.com / By: Steve Saville, The Speculative Investor / 13 August 2014
Below is an excerpt from a commentary originally posted at www.speculative-investor.comon 7th August 2014.
Prior to 2002 the Fed would tighten monetary policy in reaction to outward signs of rising “price inflation” and loosen monetary policy in reaction to outward signs of [...]
marctomarket.com / by Marc Chandler / August 13, 2014
Today will likely prove to be the most eventful of the week. It has already featured Q2 Japanese GDP, a slew of Chinese data, euro zone industrial output and UK employment and the BOE’s quarterly inflation report. Still to come are US retail sales and [...]
acting-man.com / Dan Popescu / August 13, 2014
Interview with Ronald-Peter Stöferle: Monetary Tectonics and Gold
Dan Popescu of Goldbroker has interviewed our good friend Ronald-Peter Stöferle of Incrementum Liechtenstein AG, co-author of the In Gold we Trust 2014 report .
“We are currently on a journey to the outer reaches of the [...]
marctomarket.com / by Marc Chandler / August 12, 2014
The US dollar is mostly firmer against the major and most emerging market currencies. The cease fire in Gaza and the humanitarian effort in east Ukraine has eased geopolitics off the front burner. The main driver today is poor economic news from Japan, Germany and [...]
caseyresearch.com / By Chuck Butler / August 11, 2014 4:40am
In This Issue.
* Krone is best performer overnight. * Flight to safety takes a back seat. * Renminbi marks 6 consecutive days of appreciation. * Canada’s Labor report disappoints again!
And Now. Today’s A Pfennig For Your Thoughts.
Norway’s Inflation Bounces Higher!
Good Day! [...]
silver-coin-investor.com / Dr. Jeffrey Lewis / Aug 10, 2014
Wherever plunder is less burdensome than labor, it prevails; and neither religion nor morality can, in this case, prevent it from prevailing. – From Bastiat’s “The Law”
Representing all things big, institutional investors believe there is no inflation.
The market [...]
stawealth.com / Lance Roberts / Aug. 05, 2014
Lately, there have been more and more calls by mainstream analysts and economists that inflationary pressures are now set to rise in the U.S. economy. In turn, such an increase in inflationary pressures will be tempered by a controlled increase in interest rates that will provide the [...]
zerohedge.com / by Tyler Durden / 08/07/2014 08:37 -0400
Update: And here it is – Draghi just said Russian sanctions could add to the “downside risk.” Translation: all Putin’s fault
With inflation tumbling, credit creation imploding, core European nations’ economies floundering and the periphery re-collapsing, ECB’s Draghi decided rates were [...]
marctomarket.com / by Marc Chandler / August 7, 2014
The US dollar recouped some of the modest losses seen in North America yesterday. The focus is not, though, so much on the US today. The Bank of England, and even more important for the markets today, the ECB meets. Draghi’s press conference is the [...]