Archive - Aug 21, 2013 - Blog entry
West Coast of North America to Be Hit Hard by Fukushima Radiation
Submitted by George Washington on 08/21/2013 19:59 -0500
Radiation Levels Will Concentrate in Pockets In Baja California and Other West Coast Locations
The Fed Cannot Possibly "Exit" Without The Market Crumbling
Submitted by Phoenix Capital Research on 08/21/2013 19:02 -0500
Anyone who believes the Fed can “exit” this position is delusional. The single biggest trade for the last four years has been frontrunning the Fed’s asset purchases. When the Fed reverses course and begins selling assets, everyone will dump Treasuries in anticipation.
CoNGRaTuLaTioNS FuHReR!
Submitted by williambanzai7 on 08/21/2013 11:48 -0500On the occasion of August 21, 2013
When “QE Infinity” Turns Into A Pipedream: Hot Money Evaporates, Rout Follows – See Emerging Markets
Submitted by testosteronepit on 08/21/2013 11:27 -0500The Fed and other central banks have accomplished a huge feat: a worldwide tsunami of hot money. Which is now receding.
India Will Not Lease Gold Bought From IMF; Russian Gold Holdings Rise
Submitted by GoldCore on 08/21/2013 09:35 -0500India has no proposal to lease gold bought from the IMF according to India’s Economic Affairs Secretary, Arvind Mayaram. His comments came in a text message.
The influential in India, Hindu Business Line newspaper, had reported earlier that the government will consider leasing out 200 tons of gold bought from IMF in 2009, citing finance ministry officials it didn’t identify.
With strains in the LBMA gold market, further pressure may be being applied to India to now help with supply after their recent draconian attempted measures to restrict demand.
Indian Death Lock
Submitted by Pivotfarm on 08/21/2013 06:10 -0500The Rupee has taken a severe hammering and has lost 44% of its value in the past two years. It was at its lowest point yesterday against the Dollar.
Don’t Trade Last Week’s Silver Story!
Submitted by Monetary Metals on 08/21/2013 01:01 -0500Since February, there has been at least one silver contract in backwardation and since May 31, the September contract has been backwardated. But that has now come to an end.
