Archive - Mar 2014 - Blog entry

In the early hours of yesterday morning European Union politicians struck a deal on legislation to create a single agency to handle failing banks and bail-ins in the Eurozone. It is important to realise that not just the EU but also the UK, the U.S., Canada, Australia, New Zealand and most G20 nations all have plans for bail-ins. Prepare accordingly ...

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The Chancellor said this time would be different... 

Veteran Investor Jim Sinclair Says That If Russia Accepts Payment For Oil And Gas In Any Currency Other Than The Dollar – Whether It’s Gold, The Euro, The Ruble, The Rupee, Or Anything Else – Then The U.S. Petrodollar System Will Collapse

So…….are you interested in hearing the ‘voice’ of Cognitive Dissonance, to sneak a peek into the thinking and mindset behind the anonymous man who is Cognitive Dissonance?

White House attacks Russian financial markets and oil, Merkel suffers from “moral cowardice,” Russia develops “Putin Doctrine,” in crescendo of sanctions and counter-sanctions

Everyone will witness the power of the Turkish Republic.--Erdogan

Why hide inflation? Well for one thing, understating inflation allows you to overstate GDP growth.

"Based on the findings of the report, my conclusion was that this idea was not a practical deterrent for reasons which at this moment must be all too obvious."

Banking operations globally, including ATMs throughout the world, are threatened as support from Microsoft for Windows XP operating system will end from Tuesday, April 8. More than 95% of ATMs also run the operating system. The financial system remains vulnerable with much unappreciated technological and systemic risk ...

“Often when you think you're at the end of something, you're at the beginning of something else.” ? Fred Rogers

Why Mainstream Economists Like Krugman Are So WRONG and So DANGEROUS

BEVERAGE AND KEYBOARD WARNING...

Is Nutz...

Russian Foreign Minister Sergei Lavrov told U.S. Secretary of State John Kerry that Western sanctions over the Crimea dispute were "unacceptable" and “will not remain without consequences." Geopolitical risk shows the importance of owning gold as a hedging instrument and safe haven diversification. As does Yellen's confirmation today that she is going to "print baby print".

Since 2007, the world’s Central Banks have collectively put more than $10 trillion into the financial system since 2008. To put that number into perspective, it’s equal to roughly 15% of global GDP.