Archive - Jun 2014 - Blog entry

The promises of the master, used as currency to compel and reward our willing participation, can no longer be fulfilled since the economic system that is the ultimate delivery vehicle for those promises is about to sink beneath the waves.

There are some out there in the economic world that believe that banknotes are detrimental to the health of the economy and that they are currently stifling the recovery of the markets. Their solution: burn the damn things and let them go up in smoke. Replace them with electronic money and then the central banks around the world will be able to do more than just providing alternatives that don’t work to revamping the financial markets and boosting economic growth.

U.S. Relies On Law of Non-Constitutional Countries

These banks derive the bulk of their revenues from non-interest related sources - basically fee income, and then they pay roughly 70% of that out (afer expenses) in compensation. What happens when fees are but below the compensation level?

Indeed, for Gold to even realign based on the Fed’s actions, it would need to be north of $1,900. That’s a full 35% higher than where it trades today.

Let Us Count the Ways ...

A thumbnail sketch of the main events of during the week ahead.

Well, this is just kind of sad. I was looking at a post from a few years back, when our own BDI visited the Occupy Wall Street gathering. There was a link to one of the better-known protestors who did an AMA ("Ask Me Anything") on the mega-website reddit.com:

The Schtup Herd round the world...

Overview of the price action in the foreign exchange market and a short word on US 10-year Treasuries.

Well are you?

Children display beautiful and at times brutal honesty

The government now has another measure which under-reports inflation by accounting chicanery...

The Real History of the American Strategy for Iraq and the Middle East