Precious metals are apparently waking up. And here is where you can find the best deals.
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Billionaire hedge-fund manager John Paulson maintained his holding in the world’s biggest exchange-traded product backed by gold as prices posted the best first half in almost four decades.
Soros Fund Management has increased its bearish bet against US companies on the S&P 500 index. Its billionaire owner will make money if the index collapses.
IMF’s ‘Substitution Fund’ to Kick-Start SDR as New Global Currency? - Willem MiddelkoopAugust 16, 2016
Is the IMF about to use gold to Kick-Start the SDR as the New Global Reserve Currency?
Pension Duration Dilemma - Why Pension Funds Are Driving The Biggest Bond Bubble In HistoryAug 16, 2016 - 07:45:06 PDT
Central States Pension Fund pays out $3.46 in pension funds for every $1 it receives from employers...
US Industrial Production Slumps To Longest Non-Recessionary Contraction Is HistoryAug 16, 2016 - 07:34:28 PDT
For the 11th month in a row, US Industrial Production fell YoY (down 0.53%) in July. The decline since its peak in Nov 2014 (ironically the month after The Fed's QE3 ended) is the biggest drop since September 2008.
By using low or negative interest rates as a stimulus measure, Central Banks run the risk of triggering a bank run — or a currency war.
Aug 16, 2016 - 07:16:22 PDT
More than terrorism, domestic extremism, gun violence & organized crime, the U.S. government has become a greater menace to the life, liberty & property of its citizens than any of the so-called dangers from which the government claims to protect us. This is how tyranny rises and freedom falls
Noah Smith has acknowledged the failings of mainstream macroeconomics, but he says that none of the “outside ideas” offer a better replacement.
This new monetary system created on this day 45 years ago, money is gotten sweat-free, in air-conditioned towers of the banks used by the ‘Parasitocracy’.
Though Japan's latest stimulus could help ameliorate the negative impact of the stronger yen, the CS analysts see little change of an end to deflation
Offshore investors sold $32.9 billion in U.S. Treasuries in June after selling $18.29 billion in May. That followed record outflow in April of $74.6 billion.
Central bankers have too much power and too little humility regarding the limits of monetary policy.
Fed should consider setting a higher inflation target to give the central bank more room to maneuver in a low interest-rate world.
Cigna is now asking for a 46 percent average increase, up from 23 percent, & Humana is requesting a 44 percent increase, up from 29 percent
Debt has been the temporary savior of Deep States everywhere. Borrowing money from future earnings and future taxpayers has worked for seven long years, but it's unlikely to last another seven.
“while the largest U.S. banks have increased capital since the [2008] crisis, their capital is still lower than the industry average & inadequate for bank resiliency.”
On the 1 unit side, The Fed has seemingly been unable to generate much construction activity despite their Titanic monetary stimulus.
Gold rose 1.2 percent on Tuesdayafter the dollar fell to a seven-week low as traders reined inU.S. interest rate rise bets following dovish comments from aFederal Reserve policymaker. Spot gold rose to a session high of $1,355.10 anounce and was up 1.1 percent at $1,353.55 by 1211 GMT. U.S. gold rose 0.9 percent to $1,359.40 an ounce. Spot gold was within reach of the more than two-year high of$1,374.91
A fall in the US velocity of money M2 to 1.44 in June from 1.51 in June last year and 2.2 in May 1997 has alarmed many experts. Note that the June figure is the lowest since January 1959 (see chart).
It raises some serious questions about what is going on in London, and further suggests what might be different about this year as compared to last year.