Archive - Jun 4, 2014 - Blog entry

China is unlikely to show weakness losing face in front of the international community, while it is too late in the game for Vietnam or even the U.S. to back out of the situation.

Let's go on to assume that nothing is going to change. The stock market is simply going to keep going up. Slowly, yes, but up nonetheless. The central bankers will, whenever required, create whatever programs, easings, or other actions are required to keep supporting equities. And, simply stated, the rich will just keep getting richer. What would this all mean?

Connecting the dots they don't want you to notice...

Why low inflation in Europe is not caused by too high of interest rates and why a 10-15 bp cut in rates will not succeed. 

God only knows how many billions of yuan’s worth of loans and financial instruments were using this imaginary stuff as collateral, but then again, God only knows a lot of things about China’s economic “miracle.

Orwell Much?

Month after month, they came up with new excuses. Now they’ve used up all the good ones, but sales are still tanking.

Topics discussed in the interview were - China and Russia’s gold hoarding - - Do not trust government ‘headline inflation’ - Importance of owning physical gold internationally - Likelihood of bank bail-ins in G20 countries - Cyprus bail-in did not hurt Russians; Hurt Cypriot savers - You have to be prepared ... Better to be a year early than a day late

Now that bitcoin has increased in price around 80% since the peak of doom and gloom, Flat Earth Society, can't see the forest due to tree bark blindness short-sightedness, it's time to bust some more Bitcoin myths and move on to what this stuff can really do.