Archive - Jan 2013 - Blog entry
January 30th
The Fed is Splintering... Here's What Comes Next
Submitted by Phoenix Capital Research on 01/30/2013 12:45 -0500The Fed is growing increasingly splintered as an organization. The media hasn’t really picked up on this issue yet. But once they do things could become quite problematic for the Fed... and the financial system.
Higher Gas Prices & Lower Take Home Pay will Kill Rally
Submitted by EconMatters on 01/30/2013 09:56 -0500The benefits of higher stock prices are soon negated by higher gasoline prices leading to a market sell-off.....
DeaR SeNaToRS GRaSSLeY aND BRoWN...
Submitted by williambanzai7 on 01/30/2013 09:31 -0500Here is the picture that answers all the queries stated in your letter.
Why Isn't Gold Higher?
Submitted by RickAckerman on 01/30/2013 09:27 -0500My colleague and erstwhile nemesis Gonzalo Lira posed the question above in a recent essay, and it is indeed a most puzzling one. Given that the world’s central banks — joined most recently by a shockingly reckless Switzerland — are waging all-out economic war by inflating their currencies, shouldn’t gold be soaring?
Interest Rates Drive Divergence in FX
Submitted by Marc To Market on 01/30/2013 06:28 -0500There has been a tightening of European financial conditions. Two more pieces of evidence were reported today. This issue may very well overshadow other issues at Draghi's press conference next week. German 2-year rates are moving above the US-- a 30 bp swing since early Dec. Meanwhile, US rates are rising relative to Japan. The dollar-bloc (and sterling) continue to under-perform. We also look at the US economic calendar for the day that features the ADP employment estimate, the first look at Q4 GDP and the conclusion of the FOMC meeting.
January 29th
China's “Blackest Day” Is Still In The Future
Submitted by testosteronepit on 01/29/2013 20:33 -0500This year, China is set to burn more coal than the rest of the world combined!
It's Time The US Gov't Finds Out How Loyal A Hungry Dog Really Is
Submitted by CalibratedConfidence on 01/29/2013 20:30 -0500And now it's on us to mobilize and make sure at least one of us in each district contact our representatives and do what we can to inform them. The longer this goes on, the more bad algo's will manipulate the system
HiPSTa, BaNKSTa BoLSHeViSTaS...
Submitted by williambanzai7 on 01/29/2013 13:44 -0500Inverted Klepto Marxists on the march...
China Just Threatened a Currency War if the Fed Doesn't Stop Printing
Submitted by Phoenix Capital Research on 01/29/2013 10:41 -0500How long will the other Central Banks tolerate this before they initiate a currency war? Both Germany and China have fired warning shots at the Fed. And we all know that just beneath the veneer of goodwill, tensions are building between the primary players of the global financial system.
German Gold Repatriation Is Victory For Transparency And GATA
Submitted by GoldCore on 01/29/2013 10:36 -0500
Gold fell $4.00 or 0.24% in New York yesterday and closed at $1,654.90/oz. Silver climbed to $31.30 in Asia before it eased off to $30.73 and finished with a loss of 1.09%.
Blatant Price Manipulation Takes Place Every Day in Oil Markets
Submitted by EconMatters on 01/29/2013 07:49 -0500Every single day the oil market is manipulated, it is easy to see, right out in the open, and nobody does anything about it.
January 28th
LEAKED: Mario Draghi And His Triumvirate Shut Up German Finance Minister To Keep Cyprus From Blowing Up The Eurozone
Submitted by testosteronepit on 01/28/2013 20:40 -0500The state-sponsored chorus about the end of the debt crisis in the Eurozone has been deafening.
HLF Data -&- FX Confusion
Submitted by Bruce Krasting on 01/28/2013 19:45 -0500Icahn was just blowing smoke.
