Archive - 2014 - Blog entry

A spiral of Looneyism...

Consider taking a few moments with your spouse, or significant other, to determine each other's love language. It could save you big money, and your relationship.

Collectively, the world’s Central Banks have put more than $10 trillion into the financial system since 2008. To put that number into perspective, it’s equal to roughly 15% of global GDP.

The flash crash had the hallmarks of price manipulation. In order to protect investors and the integrity of markets, regulators internationally should again investigate the gold futures market where such manipulation appears to be taking place nearly on a weekly basis now. 

Below is a recent correspondence from our friend Lars Schall, an independent financial journalist, and the German Central Bank, the Deutsche Bundesbank, regarding the exact whereabouts and specifications of Germany’s national gold reserve.

I'm just about to fleece you, the quick way...

The Media Needs to Point Out the Hypocrisy of These Blowhards

Unstable eurozone states are particularly vulnerable to default because they no longer have their own sovereign currencies, putting them in a similar position as emerging countries that borrowed in U.S. dollars in the 1980s and 1990s.

That's the conundrum investors must face if they want in to this market now.

Make no mistake, gold is not dead. Not by any means. The day is coming when its price will soar again.

A look at the technical condition of the fx market, interest rate differentials, central bank developments and the data due out in the week ahead.  

All signs point to serious trouble for the Chinese economy. The best ways to play a China downturn: short-selling Australian banks, China property and the yuan.

Bottom line for financials is that 2014 is looking to be a tough year, even if the Sell Side wants to believe that growing earnings is still possible on flat revenue

From this point on I start demonstrating to those who can't see the benefits of smart digital money over dumb fiat currencies. Now, you can short bitcoin and hedge against volaitlity using same tools the big boys use for USD/EUR/CNY, etc.

May I hear he who prints the fiat paper whisper: "When you made My people wealthier, you made Me smile."