Archive - Jul 2013 - Blog entry

Due to "technical" problems.

Increasing concerns over deflation will limit any QE tapering in the second-half and set the stage for bonds to outperform stocks once again. 

Brief discussion of the price action that is lifting the dollar at expense of nearly every other currency.  

Now there's a face only a Keynesian could love...

Don't consider this investment advice, but if you leave your money in this bank after reading this article then your a fool who deserves to lose every euro that gets confiscated. Just my personal opinion, of course.

Whether or not you believe PMs will serve as the ultimate store of wealth as the global fiat monetary system collapses should have absolutely no bearing on making the intelligent decision to remove your financial assets from under the domain and inevitable confiscation of global bankers and their State-run tyrannies.  Independence Day is a fine day to start the process of taking back our freedoms from the tyrants that rule over us.

An unprincipled, deceitful, unreliable scoundrel. A vicious and solitary animal. An organism that shows a variation from the standard. What are we talking about? Rogue Traders! Does the cap fit?

When enough of us realize the extent of inflation, bond buyers will likely demand higher coupon rates; the government's cost of debt service could soar. 

Stolen from US consumers this week...

At 25% of GM's market cap, yet sporting just 0.6% of GM's sales, Tesla Motors is extremely overvalued.

Independence? Corzine's cooked and so is the Fed.  But why did it take the CFTC two years to hunt down Corzine?

Since 1694 and the ensuing three centuries’ of Bank of England history, the base rate has never been this low (see chart). Draghi, emulated his fellow Goldman Sachs banker, Carney and kept rates at 0.5%. Ultra loose monetary policies involving record low base rates have been in place in the UK since March 2009, a lengthy 4½ years. In the Eurozone 0.5% record low rates have been seen since May this year. 

When Charles Ponzi was around, it took just a tad longer to rake in the cash and commit financial fraud, escaping with the proceeds to better climates. Today, the internet and the power of the virtual world have made the transfer of funds so much quicker.

Those who surrender freedom for security...

Egypt’s Support for Intervention in Syria Was the Straw that Broke the Camel’s Back