• Tim Knight from...
    11/21/2014 - 21:06
    As you can see by this view of the NQ, this massively bullish news has not, as of yet, represented any kind of sea-change in the markets. Before the day was even out (again, in some, not all markets...
  • lemetropole
    11/21/2014 - 21:16
        November 21 - Gold $1197.50 up $6.80 – Silver $16.40 up 26 cents Bill Cosby And GATA  

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November 21st, 2014

Tyler Durden's picture

10 Examples Of The Social Decay That Is Eating Away At America Like Cancer





It isn’t just our economy that is crumbling.  Something is happening to America that no amount of money will be able to fix.  Everywhere around us we can see evidence of the social decay that is systematically eating away at the foundations of our society.  It can be found on the streets of our inner cities, in dark basements in extremely rural communities, in the most prestigious boardrooms on Wall Street, and definitely in the halls of power in Washington.   Bringing in an entirely different crop of politicians or printing gigantic mountains of money is not going to solve this problem, because it exists in the hearts of millions of ordinary men and women.  The truth is that we really need to take a good, long look at ourselves in the mirror...

 

williambanzai7's picture

LooTeRS!!!





They're already here!

 

Tyler Durden's picture

Deutsche Bank: "People Are Talking About Helicopter Money And Debt Cancellation Being The End Game"





"I had a few meetings yesterday and one of the biggest surprises I had was that for the first time in a long time people were talking about helicopter money and debt cancellation being the end game. This was a major theme of our 2013 long-term study but one that we've struggled to get much traction with over the last year. Perhaps there's an increasing weariness that more QE globally whilst inevitable, is a blunt growth tool and that stopping it will be extremely difficult (let alone reversing it) without a positive growth shock.... Anyway, this is not something for today or tomorrow but the fact that different clients brought it up independently of each other makes me think that's its starting to get into people's thoughts." - Deutsche Bank

 

Tyler Durden's picture

Asian Gold Traders Suspicious Of Recent "Turbo Steroid Moves"





It will come as no surprise to regular readers that gold (and silver) have suffered from 'odd' violent down-slams in the last few months but, as Bloomberg reports, those 'sneak-attacks' have become increasingly more prevalent during the thin illiquid hours of the Asia trading session. "It is unusual for Asia to be seeing these busy trading sessions," notes on trader, adding that "consensus seems to be that there is a big increase in algorithmic and high-frequency trading in this time zone." The trend began on Oct. 31, with gold futures falling $11 in a minute on nearly 9,000 lots (20x the norm) - all happening when the Chinese market is at lunch. As one Hong Kong precious metals trader remarked, "someone is utilising these thin trading volumes to get a turbo steroid move."

 

lemetropole's picture

Bill Cosby And GATA





 

 

November 21 - Gold $1197.50 up $6.80 – Silver $16.40 up 26 cents

Bill Cosby And GATA

 

 

Tim Knight from Slope of Hope's picture

View From Far Above





As you can see by this view of the NQ, this massively bullish news has not, as of yet, represented any kind of sea-change in the markets. Before the day was even out (again, in some, not all markets),  the entire move up was reversed.

 

Tyler Durden's picture

And The Person Responsible For Japan's Economic Endgame Is... Paul Krugman





There are two words that should strike fear in the hearts of any rational-thinking citizen of the world - Paul Krugman. Wondering why? As Alhambra's Jeff Snider notes, we already know of at least one respect where Krugman (as a stand-in at least for the Keynesian perspective that is somehow still widely shared, especially in the orthodox economist class) has impacted 'stimulus' activity, Sweden. And now his appearance in Japan enabled what Japanese economists call a "historic meeting," as Bloomberg reports that Abe met with the Nobel-prize winner for 40 minutes who "helped the prime minister make up his mind," that delaying the fiscally-responsible tax-hikes was the right thing to do (and increasing QQE) or Japan "wouldn’t escape deflation." Mission Accomplished... and if it fails, moar will be needed and 'capitalism' will be blamed.

 

Tyler Durden's picture

The Need To Escape Collapsing Empires





I believe aggressive empires with bloated bureaucracies, unsustainable debt loads, and chronic military overreach cannot compete against the now capitalist, relatively free-market Asia. The truth is Asia is rising and the debt-ridden Western democracies are failing. The world is an interesting place, and the American Dream still lives - just not so much in the United States any longer. But countries can change for the better; tyrannies are overthrown, and the Internet reformation is a big advantage for people desiring freedom and honest information around the world.

Don’t fence yourself in.

 

Tyler Durden's picture

"Gold Is Money And Nothing Else" - JP Morgan's Full December 1912 Testimony To Congress





In December 1912, no lessor man than J.P.Morgan testified to Congress to "justify Wall Street," during investigations over alleged manipulation and collusion. The transcript reads like it could have been given yesterday (as nothing ever changes) but at its heart the banker laid out 33 "Morgan Epigrams" which appear - in the ensuing 102 years - have been lost to greed and arrogance... The irony is wondrous: "Securities do not always prove good", "Money is gold, and nothing else", "I think manipulation is always bad."

 

Tyler Durden's picture

Everything You Need to Know About The Swiss Gold Referendum





On November 30, Swiss nationals head to the polls on three separate issues: abolishing a flat tax on resident, non-working foreigners, an immigration cap, and a proposal on Swiss gold reserves. As Visual Capitalist notes, the one we are most interested in is the latter section of the ballot, and today’s infographic sums up everything you need to know about the upcoming Swiss gold referendum.

 

Tyler Durden's picture

"We Are Living In An Aberrational World"





"We are living in an aberrational world. It’s all driven by an orgy of money printing...it sure feels to me that we’re nearing the day that it spins out of control. By the end of this year or by the start of next year, without QE, the market is going down."

"To maintain your sanity, you need to turn off the hype machines of some of the financial media like CNBC."

 

Tyler Durden's picture

You’ve Been in This Business Too Long If...





What follows is a top 10 list of challenges only people who have tied their personal fates to Wall Street will probably understand.  And for those of you who’ve managed to avoid these pitfalls, read on to see what you’ve been missing.  And pat yourself on the back.

 

Tyler Durden's picture

In Preparation For Tonight's Ferguson Decision





As America holds its breath for tonight's (expected) grand jury verdict over the shooting of 18-year-old Michael Brown - by police officer Darren Wilson on August 9th - Missouri officials have said they have reached an understanding with protest leaders, as NY Times reports, on the conduct of demonstrations expected after the decision whether to indict Wilson or not comes down. Despite this 'understanding' it is clear that law-enforcement is 'prepared'...

 

Tyler Durden's picture

What Record Stock Buybacks Say About Economic Growth





For all the obfuscation surrounding the topic of stock buybacks and corporations returning record amounts of cash to their shareholders, the bottom line is as simple as it gets.

 

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