Archive - Jul 2013 - Blog entry

A world that deserves what's coming to it.

On the theory that you can milk a cow many times, but you can bleed it only once.

Focus on US, Europe, Japan

And those are just the major headline grabbing issues. Those banking on the market rallying even harder have got a lot of obstacles to overcome.

Mursi, Morsi or Mummy?

The power of the HegeBanana State...

A wicked web of deceit, with just a good measure of theft and forgery thrown in for old time’s sake! Most of the time when we read about history, the biggest this or the fastest that related to the stock exchange it’s (so we are told) so that we don’t make the same mistakes twice and then some bull gets spun about how we need to learn from our mistakes

Supply and demand matters. We need only look to an average schoolyard for proof. Central bankers should take heed.

Portgual stuck with austerity even after the orthodoxy changed.  The finance minister resigned and was replaced by someone who promises continuity.  This led to the resignation of the head of the jr coalition partner leader.  Still, snap elections are not the most likely scenario.  

This does NOT open the door to more QE now. If the Fed tapers QE in the future then yes, it might engage in more QE later down the road. But the idea that the Fed will increase QE when it’s already running $85 billion a month is misguided.

So maybe we should take Bernanke at face value.

As India continues to wage war with gold, investors are seeking out the yellow metal through any means available. Reports today suggest that there is not enough room on commercial flights into Dubai for all those investors seeking to purchase gold.

Tell Angela Merkel that the guy that warned of Bear Stearns, Lehman Brothers AND Anglo Irish of which she laments, is also warning of Anglo Irish Bank among other Irish institutions - all funded by Germans through Irish austerity!

The volatility of recent weeks is but a mere small taste of the volatility in store for all markets in the coming months and years. The global debt crisis is likely to continue for the rest of the decade as politicians and central bankers have merely delayed the day of reckoning. They have ensured that when the day of reckoning comes it will be even more painful and costly then it would have been previously.

In this manner, all citizens anywhere could be under surveillance by any government, including their own, beyond any kind of effective control and oversight.