1994 Redux? But Not In Bonds
In UBS' view, 1994 is critical for guiding investing today. The key point about 1994 was not that US bond yields rose during a global recovery. But that the leverage and positioning built up in...
View ArticleGuest Post: Developing Crisis In The Developing World
Submitted by John Rubino via The Dollar Collapse blog,Things have been a little erratic lately here in US, but not really headline-worthy. The economy continues to grow, sort of, houses continue to...
View Article222 Years Of Gold, Wars, Inflation, Economies, And Presidents
Whether as the basis for the monetary unit of a country, or in its role in comparison to the currency of other assets, the price of gold has long been a subject of great interest to both the scholar...
View ArticleAetna Pulls Out Of California Individual Insurance Market In Response To...
If Obamacare's stated goal was to broaden the health insurance market, give more options to consumers, and generally lower the cost of health insurance, courtesy of the IRS' flawless execution of yet...
View ArticleGooGLe PaSSPoRT
While millions of Americans fret over how it can be possible that their data and phone calls can be eavesdropped without a warrant by thousands of low level NSA analysts (some even without High...
View ArticleNSA Admits To Warrantless Wiretapping According To House Judiciary Committee...
More confusion, or just more lies? You decide. In an exchange first caught by CNET, Rep Gerrold Nadler, a New York Democrat, questioned FBI Director Robert Mueller late last week about the NSA...
View ArticleIran Sends 4,000 Troops To Aid Syria's Assad
While the world awaits Russia's formal response to last week's US escalation in Syria (as Putin demonstratively arrived an hour late for talks on Syria with UK PM David Cameron) another country: Iran -...
View ArticleThese Companies Are Most Exposed To China's Economic Slowdown
Now that China's economic slowdown is official, and in the aftermath of the Q1 trade data embarrassment Chinese GDP may have no choice but to print at a sub-7% annualized rate (especially if the PBOC...
View ArticleGuest Post: Market Punditry As Astrology
Originally posted at Monty Pelerin's World blog,Is recent market behavior the beginning of a market turndown? No one knows, although it is easy to find people providing “answers.” The value of these...
View ArticleEdward Snowden Is Conducting A Live Q&A Session
Eager to take advantage of NSA-whistleblower Edward Snowden's current unincarcerated status and to ask him questions about his motives or thoughts? Here is your chance courtesy of the Guardian which is...
View ArticleFailed Projections Or Just Another Government Lie? You Judge!
Submitted by Michael Lombardi via Acting-Man blog,Not so long ago, the Congressional Budget Office (CBO) said it expected the U.S. government to register a budget deficit in the current fiscal year of...
View ArticleThe European "Bail-Ins" Will Continue Until Morale Improves
While we have been told vehemently that the Cypriot deposit confiscation was not a template, yet another European nation is embarking on an until-now-considered-safe asset class to recapitalize its...
View ArticleOn This Day In 2017
With the meaningless focus on such distracting noise as daily POMOs, will/won't the Fed taper, how many shorts will the Fed's Markets desk squeeze today, and how massive will the second Fed housing...
View ArticleIran: Sorry State
Iran is a right old sorry state (of affairs). Plunged into recession, inflationary pressure that Abenomics wouldn’t mind having a bit of and Bernanke might just be getting if he carries on printing...
View ArticleGold Demand Extraordinary In Vietnam – Paying $217 Premium Over Spot
Today’s AM fix was USD 1,386.00, EUR 1,038.59 and GBP 881.79 per ounce.Friday’s AM fix was USD 1,379.75, EUR 1,035.54 and GBP 882.76 per ounce.Gold climbed to $1391.50/oz on Friday, its first close...
View ArticleCan Bernanke Keep the Rally Going?
The markets are rallying today because Bernanke and the Fed meet on Wednesday and will announce their new policies (if any). Someone might want to explain to them that the Nikkei just collapsed in...
View ArticleSpying! China Condemns US: That’s Rich!
China! Honestly, it comes to something when China jumps on the accusatory band-wagon asking the US administration to provide some comments about its monitoring programs and answer up to the...
View ArticleGuest Post: The Real Story Of The Cyprus Debt Crisis (Part 1)
Submitted by Charles Hugh-Smith of OfTwoMinds blog,I highly recommend this deeply insightful two-part series on the banking/debt crisis in Cyprus. I am privileged to present a comprehensive yet...
View ArticleNSA Foiled NYSE Terrorist Plot, We Now Learn
To think it only took the world's most (in)famous whistleblower to get the NSA to disclose that it had heroically managed to prevent terrorist attacks involving the New York Stock Exchange (we supposed...
View ArticleThe Cyprus Bail-In Blows Up: President Urges Complete Bailout Overhaul (Full...
Cyprus' President Nicos Anastasiades has realized (as we warned), too late it seems for the thousands of domestic and foreign depositors who were sacrificed at the alter of monetary union, that the...
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