Archive - Apr 2014 - Blog entry

After warning that hardware is dead, my thesis has foreshadowed the slashing of the equity values of Apple, Blackberry, Samsung, Nokia and HTC despite the fact that the sell side has said otherwise. Now I've enabled the whole world to profit on the premise

Does the average American actually exist? The guy that the Bureau of Labor Statistics basis its figures on. It seems that the fictitious character is out there somewhere being hunted down; or perhaps the man was shot down long ago in some past that the country invented for itself in the hope of spinning another yarn about how rich the Nation was

Ass seen from Thailand...

The market is facing an increasingly negative environment. Historically speaking April and May have not been big months for crises, but the number of negatives the market is facing today is rather unique.

Rickards does not expressly say one should put 33% of one’s wealth in gold but suggests that an allocation of between 10% and 33% would be prudent. In this regard, he echos Dr Marc Faber who suggested a 25% allocation to precious metals last week.

The EU agreement on a common rulebook for handling bank failures, including bail-ins, is in danger of unravelling over the fine print restricting when a state can intervene to rescue a struggling bank. 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 have plans for depositor bail-ins ...

Why a stranger on Facebook is not a source of a good deal flow?

Begging, borrowing or other means. Whatever it takes the US is prepared to get what it wants. Unable to get it any other way because of real clout, the US has resorted to begging these days.

There's an all-out Global currency war being waged and yesterday the Dollar was the clear winner. 

There is a stark difference between the states of the markets for the monetary metals. The number of open futures contracts in gold is low, while in silver it’s high. What does it mean?

I contend that Lewis should have done a lot more to identify the parties involved and tell the full story of latency arbitrage in Sigma X.

Public Service Annoucement:  The Most Likely Armageddon Threat … Preventable for a Small Amount of Money

We all know what will eventually unfold: another collapse, this one even worse than that of 2008. Until then, the fraud and fiction will continue. Everyone with a vested interest in stocks moving up will do everything they can to perpetuate this.

YOU'D BETTER PUT AWAY YOUR BEVERAGES...

Symbolism is important and Putin may be sending the U.S. a message, in the aftermath of JP Morgan unilaterally deciding to block an official Russian wire transfer, regarding how they might use gold as a geopolitical weapon should economic and currency wars deepen ...