Archive - Jun 2014 - Blog entry

Hogan's Zeros...

It wasn’t an edgy blogger but the Office of the Comptroller of the Currency that issued the warning.

I was reminded of this by this story from Salt Lake City, which tells of an officer that was looking for a lost child. For reasons wholly unclear to me, in conducting a house-to-house search, this "peace" officer shot and killed a dog.

I heard it said one day that I would never be as rich as my parents. They were baby-boomers, the people that benefited from the expansionary Thirty Glorious Years of the post-Second-World-War period.

The central banks need to downplay inflation, under-report it to justify their policies of the last five years...

Weak GDP growth with major currency devaluation? This is called stagflation. And it’s causing the Bank of Japan some doubt.

What is really going on in Iraq?

The annual human trafficking report has just been published by the US State Department in the Trafficking in Persons (TiP) report.

When all the dust settles, Palo Alto is definitely going to look a lot more modern than it did when I first moved here. All I can say, though, is that when the current bubble finally bursts, whether it's next month or next decade, there are going to be an awfully lot of expensive, empty, class A office buildings situated around town, holding nothing but the memories of ping-pong games past.

An overview of the chess game being played out in Europe. 

Bloomberg reported yesterday that the German campaign to repatriate German gold from the U.S. has ended. The leader of the German gold repatriation movement, “Repatriate our Gold,” Peter Boehringer immediately refuted the article and posted in the comment section at the bottom of the article … The campaign to achieve a free market in gold and silver prices will continue.

Christine Lagarde of the International Monetary Fund has told the European Central Bank that they need to consider Quantitative Easing if inflation continues to remain low, which it will. She stated: “If inflation was to remain stubbornly low, then we would certainly hope that the ECB would take quantitative easing measures by way of purchasing of sovereign bonds”.

Energy security is not synonymous with energy independence.

We break down how Central Bankers use fake inflation rates to spread epic lies about gold, silver and stock markets all around the world.

Something extraordinary occurred this week. The Fed made a routine announcement. Fireworks began the next day. In 6 hours, the price of silver skyrocketed by 5%.