Archive - Aug 2014 - Blog entry

Despite Krugman's “Mission Accomplished” Announcement, the Giant Banks Are Worse Than Ever

The White House has previously said that talks between Russia and Iran were a matter of "serious concern". Currency wars are set to escalate as the petro dollar’s decline continues. U.S. and European Union sanctions against Russia threaten to hasten a move away from the petro dollar that’s been slowly occurring since the global financial crisis.

BANZAI7 FOOD AND BEVERAGE WARNING

Japan’s QE was large enough that no one, not even the most stark raving mad Keynesian on the planet, could argue that it wasn’t big enough. Which is why the results are extremely disconcerting for Central Bankers at large.

Are you prepared?

is what would have happened.... 

In the physical markets, buying remained subdued in the seasonally quiet summer period. Gold and silver bullion coin buyers have secured their allocations and there is very little new entrants into the bullion market which  has contributed to falling demand recently. Data from the U.S. Mint showed that gold coin sales in July fell about 40% from a month ago.

In remembrance of our chronic stupidity...

Investors often choose investment vehicles or make trades based upon faulty assumptions...

We did this interesting experiment on the 10 minute lift to the top of the ski slopes last weekend.

The Fed managed to pull a rabbit out of a hat last time... by resorting to extraordinary policies. In doing so, it's used up most of its ammo. So there's no telling what will happen if we get another systemic deleveraging again.

BANZAI7 FOOD AND BEVERAGE WARNING

Are We Exposing Ourselves to a Black Swan Event?

Have they got a deal for you!

Okay, so American culture may be a little schizophrenic. So what? Why should we care? We believe in laissez-faire and non-intervention, so how is it our problem?