Archive - Aug 2014 - Blog entry

The modern version...

Dispassionate look at the week ahead, without the hysterics of the sky is falling or the mother of all crises is around the corner.  

Were this extreme policy to be implemented it would be a further and deliberate debasement of fiat currencies. Alan Greenspan’s warning of “fiat money in extremis” becomes more real by the day. Were this silly proposal ever to become policy, it would significantly increase the risk of inflation and stagflation. In a worst case scenario, it will lead to currency collapse and hyperinflation.

As we embark on yet another ever widening gyre of military violence, I would like to remind all of the truth and veracity of our overlords...

Bonus: Top NSA Whistleblower: We Need a New 9/11 Investigation Into the Destruction of the World Trade Center

This seems to be the biggest question in financial markets for me right now because the math just doesn`t add up any way you slice it.

I was looking at the entire history of the volatility index (the oft-cited "VIX') and found an interesting parallel.

A dispassionate discussion of the technical condition of the dollar.  

"In the end, they did it, but we wanted it"--Jean Baudrillard

We believe Fed’s actions would be more appropriately described as permitted cancerous beliefs to spread throughout the financial system, thereby killing Democratic Capitalism which is the basis of the capital markets. Today we’re going to explain what the “final outcome” for this process will be. The short version is what happens to a cancer patient who allows the disease to spread unchecked (death).

Plus:

The Day Tokyo Got Blasted by Fukushima Radiation

Expect market participants coming back from vacation, and probably everything that worked in August will get “taken out to the woodshed” in September.

The Fed causes a perverse outcome: gorging corporations and dehyradted startups.

HIGHLIGHTS > Gold reserves destination unknown after moved from Ottawa vault as part of Bank of Canada HQ renovation > Switzerland, the Netherlands and  Sweden say they hold gold in Ottawa > Upcoming Swiss vote on gold repatriation could lead to gold repatriation from Bank of Canada > Bank of Canada only acts as gold custodian to four foreign central banks > Bank of Canada no longer a major gold custodian; Canada has virtually no gold reserves

“I call upon all nations to do everything they can to stop these terrorist killers. Thank you. Now watch this drive.” – George W. Bush