Archive - Mar 2011 - Blog entry

Meanwhile, back in the Gulf ...

In a move to combat rising inflation, Norway's Government Pension Fund Global, valued at $548 billion at the end of last year, is slashing its bond holdings and shifting to real estate and infrastructure...

What are Japanese school kids learning about radiation poisoning?

The ongoing tragedy in Japan has unsurprisingly generated a great deal of commentary covering how - and if - the country will recover economically from difficulties that at least from the television screen, seem insurmountable. The happy news is that if history is any kind of indicator, Japan will rebound with great speed.

The Fed’s policies are pretty much the exact opposite of what our country needs to get back on it’s feet... Not surprisingly, the markets are flying on the doomed Dollar.

Speaking of inflation – let’s consider this chart (from Doug Short) and what complete and utter bullshit the CPI is! Very simply, without looking at anything else – it’s housing. Housing is 42% of the CPI and declining housing costs have masked rising inflation for 5 years now.

Here are some excerpts from an interview forwarded to me by Mr. Lars Schall of chaostheoren.de with oil expert F. William Engdahl. Whether you agree or disagree with Mr. Engdahl’s theories, his insight always presents perspectives given almost zero coverage by the mainstream media. Much of the fraudulent and deceptive practices of big global banks that Mr. Engdahl discusses regarding the oil markets can be extended to other commodity markets such as gold and silver.

As EURUSD nears 5 months highs retail short positions have become increasingly stronger, today 68.62% of retail traders in our data set are short. This has pushed EURUSD into the Strong Long zone. What's also worth noting is EURGBP which is the long zone, however retail traders have become increasingly short this pair even though it continues to trend higher.

A surging yen currency is certainly the worst news for Japan's export-dependent economy. This dire predicament is enough to get the central banks of the G7 to step in and initiate a coordinated yen intervention not seen for over a decade.

My experience with the CCSVI treatment...

"In space, no one can see you print..." --The Keynsien

inflation is pretty much our entire bullish premise

This weeks analysis of the COT Index and Retail Trader positioning

At present, investors are viewing the markets unfavorably, but their opinions are by no means extreme.

Some updates