Archive - 2014 - Blog entry

These men are masters of the capital markets. They are voting with their feet and pulling their capital out of them. Given that their personal compensation is closely linked to assets under management and profit sharing, this decision is akin to the choice to forego additional wealth that could be made quite easily (none of these individuals would have trouble raising several billion more in capital) rather than trying to find opportunities in a challenging market.

It’s NEVER to Protect Us From Bad Guys

Gold is slightly higher today but lower this week. Investor sentiment remains extremely bearish but physical buyers continue to accumulate at these low prices. The UK Royal Mint has run out of 2014 British gold sovereigns due to unprecedented demand.

BANZAI7 FOOD AND BEVERAGE WARNING APPLIES!

The evidence here is clear. QE does not generate jobs in the broad economy.

You can make this stuff up, but why bother when they do it for you...

There are millions of people in that category. And their numbers are growing, not diminishing.

As I step ever closer to the advent of a new monetary system...

There are a number of reasons that silver should revert to the long term historical mean but the two primary ones are the fact that geologically in the earths crust there are fifteen parts of silver to every one part of gold. The other reason is that silver is used in many industrial, technological and medical devices and applications today and since the Industrial Revolution a huge amount of silver has been used up. Silver is like oil in that respect, and unlike gold, a lot of silver has been consumed and is gone forever. 

A Banzai7 fraudspective...

I tried to create a “Kudos List” as well but really couldn’t. 

This system works as long as debt continues to stay cheap. However, in the last 12 months the Fed has definitively crossed the point of no return with its policies. It is not just a matter of timing before this debt bubble bursts.

Truth is instantly recognizable for its self evident nature. The difficulty isn’t in knowing what to do; the difficulty lay in doing what needs to be done.

Also:

RBS Pays $600 Million for Manpulating Interest Rates … But Big Banks Are Manipulating EVERY Market to the Tune of Trillions of Dollars

The selloff in silver has had an unexpected effect on silver spreads.