Archive - Nov 2014 - Blog entry

Non-bombastic overview of the forces influencing the capital markets in the week ahead.  

Dr. Faber prudently advises clients not only to diversify among asset classes but to also to diversify within asset classes. We share this view. We advise our clients to hold gold and silver in various locations and in various forms but always in secure vaults and safe jurisdictions such as Singapore or Switzerland.

When the wrecking ball hits, the IMF stands at the ready with the SDR composite to pick up the structural pieces......... 

The US mint is running on empty...

"The world is on the brink of a new Cold War. Some are even saying that it's already begun..."--Mikhail S. Gorbachev

What if global capitalism is not about to collapse?  What if the sun rises next week, and the great apocolypse called for and predicted does not materialize yet, what then for the dollar?  

"Sample issues: we aren’t controlling for changes in the quality of job growth when measuring average hourly earnings"

That's right, Toss Dwarf!

In future years, when historians try to ascertain why on earth the massive middle class of the United States willingly allowed itself to be completely hollowed out......

Job cut announcements in tech doubled from a year ago. Worst year since 2009.

These people know the gravy train is about to run off the rails and they’re looking for safety. They don’t care if they miss out on another 5% gain in the stock market, they want to get out of stocks NOW.

At the end of 2008, the U.S. Federal Reserve embarked upon a monetary policy so extreme and so reckless that it had to invent a (new) euphemism for what it was doing, since if it simply used the old euphemism, even the puppet-politicians of the U.S. government would have rebelled at this monetary insanity.

The ECB will not be able to implement a QE program. Even Ben Bernanke admitted it.

You remarkable pig. You can thank whatever pig god you pray to that you haven't turned me into a murderer.--Fletcher Christian

Central Banks shorting Gold and Silver to preserve their status as Masters of the Universe.