Archive - May 2014 - Blog entry

The ECB, the Swiss National Bank (SNB) and the Riksbank of Sweden announced a new gold agreement this morning. They announced they have no plans to sell significant quantities of gold and reaffirmed the importance of gold bullion as a monetary reserve asset.

Nearly all of us……well, all except our benevolent dictators, appear to be permanently caught in the first four stages of the Kubler-Ross black hole of loss and grief........

Underappreciated risks to electronic bitcoin and all forms of investments and savings today, including gold, that are held electronically come in the form of modern warfare - involving as it does cyberwarfare and electromagnetic warfare. No electricity and no computer or internet access and you cannot access your savings, investments and money ...

Dispassionate discussion of the investment climate.  

Rogers tells us he's buying Chinese financials, remains long the yen and thinks gold could be going much lower.

If your blue andyou don't know where to go to...

St. Louis Fed James Bullard said on Friday that he expects the Fed to start raising rates sometime near the end of the first quarter of 2015.

A look at the technical condition of the foreign exchange market.

We can all pretend that debt doesn’t matter. We can pretend that demographics don’t matter. We can pretend that raising taxes aids rather than frustrates an economy, and we can pretend that citizens will continue to bend over and be sodomized by central bankers.

United in Diversity...

In Case You Had Any Doubt ...

Momentum stocks, the money transfer machine the city relies on, are crashing. Fallout hits record home prices. This is so 2007.

There is a lot of misinformation about what caused the 2008 Crash and the 2011 EU Crisis. Here is the very simplest outline of what you, as a saver and investor, really need to know.

While out cat fishing...

The labor market is really starting to tighten and Thursday`s initial jobless claims coming in at 297,000 for the May 10 week is the lowest reading since May 2007.