Archive - Jan 4, 2015

The investment climate is being shaped by four forces:

1.  De-synchronized business cycle with the US ahead of the pack

2.  The prospects of sovereign bond purchases by the ECB, amid political uncertainty sparked by Geece's snap election

3.  The continued drop in energy prices is a stimuluative writ large but poses challenges for oil producers and the leveraged eco-system that has been built on the premise of high oil prices forever.  

It’s high time for a new model and for new people. But the old ones, and their utterly and dramatically failed economies, hold the power, the media, the money, everything. So what other way out is there but mass fighting, mass casualties, a complete overthrow of everything that exists today, probably nuclear bombs dropping, and in the end a world none of us would recognize, let alone be able to survive in? It’ll take a while yet to get there, and it won’t be a pretty while by any stretch of the imagination. The powers that be are not done yet pretending to rule the universe and playing God. We should kick ‘em all out today, but we won’t. Because we’re all too much like them.

And they are picking up shares in all kind of (precious metal) miners...