Name The New Reserve Currency: China Imports More Gold In 2012 Than All ECB...
The last time we looked at monthly Chinese imports of gold from Hong Kong in 2012, the comparable country in question was Portugal (whose citizens, if not central bank, incidentally have run out of...
View ArticleThe Socialist Counter-revolution Begins: France's Richest Man Seeks Belgian...
A few months ago when the new French socialist president gave details of his particular version of the "fairness doctrine" and said he would tax millionaires at 75%, we said that "we are rotating our...
View ArticleGuest Post: Analyze This - The Fed Is Not Printing Enough Money!
Submitted by Alexander Gloy of Lighthouse Investment Management Analyze This - The Fed Is Not Printing Enough Money! Before you trash me in the comments, hear me out. It started off with Ray Dalio’s...
View ArticleOn the Fed and WFP
The most disappointing element of Friday's NFP report was the drop in Work Force Participation (WFP). This important measure of the labor force fell to a 31 year low. A look at the details shows things...
View ArticleSuddenly, Nobody In Europe Wants The ECB Bailout
It took the ECB a year of endless behind the scenes Machiavellian scheming to restart the SMP program (which was conceived by Jean-Claude Trichet in May 2010, concurrent with the first Greek bailout)....
View ArticleThe Fed Is Expected to Launch QE3 Next Week ... Which Would Help the Rich and...
Many speculate that the Fed will launch QE3 next week. But independent economics and financial experts say this would hurt – rather than help – the economy. Dallas Federal Reserve Bank president...
View Article99 Years Of Keynesian-Monetarist "Winning"
99 years ago the Fed was born. Then there was a world war. Two decades later, Keynesian economics (in a somewhat mutated form than that envisioned by the author, much like the Taylor rule) became the...
View ArticleRay Dalio On How The Economic Machine Works
"It's never different this time." Ray Dalio's recent discussion at the Council for Foreign Relations is probably the most in-depth access to his 'model' explanation of the way the world works we have...
View ArticleGuest Post: We Need a New Stock Market
Submitted by Charesl Hugh Smith from Of Two Minds We Need a New Stock Market We need a new stock market exchange that is a transparent, retail-trader friendly alternative to the manipulated...
View ArticleAnti-Austerity Protests Return To Spain
In two weeks the Greek economy will once again suffer the consequences of European indentured servitude when it two main labor unions will grind the system to a halt with a general strike against...
View ArticleA French Rebellion Against Unelected Bureaucrats: “European Coup D’Etat And...
Wolf Richter www.testosteronepit.com When the German Constitutional Court nodded with a stern smile on the ESM bailout fund and the Fiscal Union treaty, the world, or at least the politicians at the...
View ArticleMeanwhile In Beijing: "For The Respect Of The Motherland, We Must Go To War...
Anti-US protests sweeping across the entire Muslim world (which are continuing today), besieging, attacking and burning down US embassies, are not the only thing that the central banker policy vehicle...
View ArticleFrom The Last Sane Person At The Fed: "More Easing Will Not Lead To Growth,...
There are two key sentences which explain why there is now only sane voice left among the FOMC's voting members (recall that back in December 2011 we explained that more QE was only a matter of time...
View ArticleCowardice Is Destroying America
America was founded on courage. For example, I've read a number of biographies of George Washington, who was actually a horrible general. Washington's early campaigns were disastrous, and the entire...
View ArticlePostcards From A Furious China
Over the past 48 hours we have written much, describing the perfectly expected surge in nationalist fervor and anti-Japanese sentiment, as the Senkaku Islands Snafu hits its boiling point - a Japan...
View ArticleSpain is Greece… Only Bigger and Worse
Swing by www.gainspainscapital.com for more market commentary, investment strategies, and several FREE reports devoted to help you navigate the coming economic and capital market changes safely....
View ArticleOvernight Sentiment: Leave It All To The Fed
News may come, and news may go, but the fiscal policy implementation vehicle known as the market, and now controlled by the Political Reserve don't care. For those who do, here is what has happened in...
View ArticleFrontrunning: September 17
Anti-Japan demonstrators protest in New York City (China Daily) ...and the propaganda: Younger generation feels wave of emotions (CD) And the retaliation: Obama to launch auto trade case against China...
View ArticleMeanwhile In Afghanistan
Yesterday it was US embassies in Egypt, Libya, Tunisia, Morocco, Sudan, Lebanon, India, Balgadesh, Indonesia, and others that were besieged and/or attacked. Today, we finally add Afghanistan to the...
View ArticleDaily US Opening News And Market Re-Cap: September 17
From RanSquawk European asset classes look to consolidate after seeing a volatile start to September, as such, price action remains range bound and volatility muted. ECB's Bonnici and Constancio said...
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