Stocks Drop Most In 2013 As Gold Is Crucified On The Death Cross
A strange sea of red inhabits the screens of many traders and investors across the USA this evening, and all it took was for the FOMC to hint that the punchbowl will have to be taken away at some point...
View ArticleMeet China's Housing Debt Slaves
Think Americans are the only people in the world toiling under a gargantuan, and unrepayable, debtload, which at last check was a massive $55.3 trillion, or about $175K per person? Think again. Meet...
View ArticleGuest Post: Who's Living Large in Retirement?
Submitted by Dennis Miller, via Casey Research,Who fares better in retirement, pensioners or folks who saved up their own respective nest eggs? If you look at the numbers, you might be surprised to...
View ArticleJobs & The Economy - This Time It's No Different
Following the FOMC's schizophrenic minutes, we thought it topical to look at how history has treated divergences between a lagging jobs market and a leading indicator (new orders) of the real economy....
View ArticleStep Aside Apple: Presenting The Hedge Fund World's Newest Most Widely Held...
Quarter after quarter we would recap the hedge fund world's infatuation with one stock and one stock alone: Apple. This inverse-mormon love affair hit its peak in the quarter ended September 30, when a...
View ArticleNewly-Released Memo by Donald Rumsfeld Proves Iraq War Started On False...
Everyone knew that Iraq didn’t have weapons of mass destruction.Indeed, Secretary of State Colin Powell’s chief of staff – Colonel Lawrence Wilkerson – just said that Powell knew that there were no...
View ArticleCashin, Klarman, & Marks: "Un-abating Risks Of Collapse"
One can spend all day watching financial media channels stuffed full of self-promoting index-hugging asset-managers and be left with the belief that all is well and that the market does indeed...
View ArticleIn The Strange Case Of Gold's Regular Morning Mugging
Submitted by Adam Taggart of Peak Prosperity blog,Not everyone is a morning person. And few people like Mondays.But if you're a precious metals investor, mornings – especially Mondays – are brutal.The...
View ArticleThe Fed is Now the Fifth Largest Country in the World
With QE 3 and QE 4 firmly in place and the Fed’s balance sheet over $3 trillion, Idecided to go back and count the recap the Fed/Feds’ interventions since the Great Crisis began in 2007. Here’s a...
View ArticleFedSpeak Fails To Lift Stocks - Gold & Bonds Bid
Despite a late-day surge on chatter from Fed's Williams, equities could not catch a bid. VIX was plundered for protection, surging to the highs of the year (above 16%) as S&P futures saw the...
View ArticleGlobal Leading Indicator Shows Slowdown Dead-Ahead
While the sell-side has been vociferous about the fact that earnings are troughing, that consensus growth expectations are not miraculous, that equities are discounting that awesome reality; it appears...
View ArticleGuest Post: Gold Manipulation: The Logical Outcome Of Mainstream Economics...
Submitted by Martin Sibileau of A View from the Trenches blog,This is the first of three articles I will post on the suppression of gold. What drives me to write about the topic? I am tired of seeing...
View ArticleStanley Druckenmiller: "We Have An Entitlement Problem" And One Day The Fed's...
Two and a half years ago, George Soros' former partner Stanley Druckenmiller closed shop when he shut down his iconic Duquesne Management, after generating 30% average annual returns since 1986. Some...
View ArticleZimbabwe's Mugabe Proclaims Himself Africa's Goldman Sachs
Since we first started discussing the new frontier of investment (or economic hitmen), Africa has been appearing more and more in the headlines - from labor conditions in the South to military action...
View ArticleScorecard: How Many Rights Have Americans REALLY Lost?
Painting by Anthony Freda: www.AnthonyFreda.com Preface: While a lot of people talk about the loss of our Constitutional liberties, people usually speak in a vague, generalized manner … or focus on...
View ArticleGuest Post: Someone Is Always Making Money Somewhere
Submitted by Energy Burrito via OilPrice.com,Regardless of whether a market is moving up or down, there is always someone making money somewhere. There are various examples every day – be it a...
View ArticleNirvana, Creditopia, And Why Central Banks Are The Devil
Via Hinde Capital,Central banks are the devil. They are like drug dealers except they administer regular doses of supposedly legally prescribed barbiturates to their addicts. The 'easy money' or...
View ArticleGold Versus Gold Miners: Has The Time Come To Flip The Switch?
Last October, among the various statements by Hugh Hendry at the annual Buttonwood gathering was this blurb by the man who is otherwise a big fan of physical gold: "I am long gold and I am short gold...
View ArticleFarewell Eng£AAAnd: Moody's Downgrades The UK From AAA To Aa1
And another AAA-club member quietly exits not with a bang but a whimper:MOODY’S DOWNGRADES UK’S GOVERNMENT BOND RATING TO Aa1 FROM AAASomeone must have clued Moody's on the fact that the UK is about to...
View ArticleUK's George Osborne Responds To Moody's Downgrade
Osborne's statement was prepared well in advance, which means Moody's action was not only prepared and distributed long ago but it got the blessing of both the UK government and Goldman Sachs. And why...
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