CruciVIXion
The USD ends the week up over 0.6%, Treasury yields down 2-4bps, Silver up 4.6%, Oil 2%, and Gold 1.4%; but it is VIX that rules the waves of unreality this week as it collapsed from this morning's...
View ArticleDoug Casey: "We Are Living In The Middle Of The Biggest Bubble In History."
The recovery since the 2008 financial crisis is just an illusion created by the papering-over of our insolvency by central-bank printing. Doug Casey adds that the current state is akin to being "in the...
View ArticlePictet On The Sudden Depreciation Of The Swiss Franc
Via Pictet,Following the recent fall of the Swiss franc against the euro, there were paradoxical comments on the opportunity on both moving the Swiss National Bank’s floor lower (say to 1.25 for...
View ArticleGuest Post: The "Bloated" Bond Bubble
Via Gordon T. Long,The Fiscal Cliff theater was great 'off Broadway' drama, but the real show for traders took center stage Sunday December 16th in Japan. The curtain went up for the newly elected...
View ArticleDid Tim Geithner Leak Every Fed Announcement To The Banks?
On August 17, 2007, the Fed's Board of Governors announced a key change to primary credit lending terms, whereby the discount rate was cut by 50 bp — to 5.75% from 6.25% — and the term of loans was...
View Article"Detonating The Japanese Debt Time Bomb" With Kyle Bass
The hyper-correlation of Japanese stocks and the JPY have led many to believe that Abe's miracle promise will be just the ticket to bring the nation's two-decade slump to an end - a 2% inflation target...
View ArticleThe Currency Wars: Now US Automakers Are Squealing
Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichterJapan’s Liberal Democratic Party went all out late last year to re-grab the power it had held for 50 years before getting...
View ArticleThree Popular Delusions for 2013
Three popular delusions to be aware of for 2013:Popular Delusion #1: The investment world believes China will engage in another massive round of stimulus.This will not be the case. China’s new ruling...
View ArticleGuest Post: Is The Gold Price Dependent On China?
Submitted by John Aziz of Azizonomics blog,China now buys more gold than the Western world:Does that mean, as some commentators are suggesting, that future price growth for the gold price depends on...
View ArticleRising Gas Prices Threaten Economy Again, Obama Needs to Thwart Evil...
By EconMattersHistory of Bubble CreationEveryone on Wall Street are a bunch of evil speculators, paying off ratings agencies to rate garbage mortgage backed securities triple A, so they could resell...
View ArticlePresenting The S&P500's 50 Point Surge Courtesy Of The Illegal "Geithner Leak"
Yesterday we broke the news of what is prima facie evidence, sourced by none other than the Federal Reserve's official August 16, 2007 conference call transcript, that then-NY Fed president and FOMC...
View ArticleWhere Did All The Jobs Go?
Over the last decade, the economy (and implicitly the jobs of US citizens) have suffered significant swings. The chart below, however, clarifies exactly where the 'missing' jobs have gone (and with a...
View ArticleGuest Post: Charts Of The Day: The Economic Recovery Story
Via Lance Roberts of StreetTalk Live,The market has been rallying over the last few weeks as the bulls have definitely taken charge in the New Year. Most of the recent analysis has pointed to signs of...
View ArticleVisualizing Silver As An Investment
Silver is like gold in many ways; both are precious metals with long histories as currencies. They are malleable, lustrous, ductile, resilient, and rare. However, as Visual Capitalist illustrates in...
View ArticleEurope Is Still Broken: Evidence & Commentary
Over the past few months, the perception has been that the risk of a meltdown in Europe (characterized by the loss of market access for Spain and Italy) has grown increasingly remote. The relative calm...
View ArticleSCaRY TiMMaH THe EViL TaRP CLoWN...
This clown has an evil intentFor fraud he is seeking consentHe lies and he cheatsProtecting ElitesHe's killed for the top 1 percentThe Limerick King
View ArticleHigh Margin Requirements Are Killing The Silver Market
By EconMattersThe CME raising margins for Silver Futures to such a degree that relative to market price, futures multiplier, and physical demand by consumers is just too high has basically killed the...
View ArticleJapan Warns It May Fire On Chinese Aircraft Over Disputed Islands; China...
A week ago we reported that following what China said was a response to counter "Japanese military aircraft disrupting the routine patrols of Chinese administrative aircraft" over the East China Sea,...
View ArticleWhy Cyprus Is Big Enough To Cause Trouble
Authored by Martin Lueck of UBS,Cyprus is the euro area’s third-smallest economy in GDP terms (larger only than Malta and Estonia, but likely to be outgrown by the latter this year), accounting for...
View Article'Blame The Weather' As UK Heads For Unprecedented Triple-Dip-Recession
How many 'dips' before a recession cycle becomes a depression structure? That is likely the question on Carney's mind as he enters his role as top man at the BoE shortly. As The Guardian reports, an...
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