Archive - May 9, 2013 - Blog entry
Short Note on Falling Yen
Submitted by Marc To Market on 05/09/2013 20:04 -0500Why is the yen falling now and some thoughts about what's next.
Stocks Are Officially in a Blow Off Top
Submitted by Phoenix Capital Research on 05/09/2013 12:18 -0500
When this bubble bursts, interest rates will already be at zero and the Fed’s balance sheet swollen with garbage debts. The Fed and other Central Banks WON’T have the usual tools available to save the day.
The EU’s Out-Of-Control Intelligence Services (That Don’t Exist, Officially)
Submitted by testosteronepit on 05/09/2013 11:39 -0500Four of them are beyond any kind of democratic control, beholden only to the elite club of unelected Eurocrats, the European Council.
Consumers Snap Up Gold & Silver Jewellery
Submitted by GoldCore on 05/09/2013 11:19 -0500
Jewellers across the world are seeing a surge in jewellery purchases because consumers are taking advantage of the price drop and purchasing investment pieces that will grow in value over time.
In the USA with Mother’s Day approaching this weekend, consumers like Whitney Court who would normally buy flowers instead wants to purchase something that won’t wilt: a silver necklace.
ECB Shifting Balances
Submitted by Marc To Market on 05/09/2013 09:59 -0500More thoughts on the ECB's balance sheet and why a negative deposit rate is unlikely.
German Factory Orders UP, US Down
Submitted by Pivotfarm on 05/09/2013 06:19 -0500On Tuesday morning at 6 AM EST German Factory Order numbers were released that showed a plus 4 percent gain month over month. Yet last Friday, May 5th US Factory orders were released that showed a negative 4 percent growth rate month over month. Yesterday, German Industrial Production showed a gain of 1.2%.
