Archive - 2014 - Blog entry

At some point, the markets will call BS on Spain’s dreams of recovery and the bond markets will rebel. When this happens the whole fraud will come unraveled. However it might take a full-scale political crisis before this happens. And by the look of things we’re not far from one.

The dumb, speculative money is selling as smart money continues to accumulate physical ... Gokhran, the Russian precious metals and gems repository, said it has been buying gold bullion in 2014 and will likely to start buying palladium bullion in 2015, Interfax news agency reported this morning, citing the head of Gokhran, Andrey Yurin.

Powerful Crash pattern detected

There's always something new...

With the revelations of systemic, widespread corporate criminality of banking institutions in recent years, it is clear that global Bank CEOs are becoming the new Drug Lords.

There is a saying that you don’t ring bells at the top. It’s not really true. Every time the market forms a major peak, at least in the last 15 years, there are usually a preponderance of signs of excessive speculation and leverage.

Straight forward discussion of the key events next week.   Weak on bluster.  Strong on analysis.   You've been warned.  

Brinkmanship, a failure of diplomacy and increasing militarism appears to have the world on the verge of a serious military conflict. Everybody should own some physical gold as a hedge and a safe haven asset to protect against the significant risks challenging us today which include bail-ins, currency wars, terrorism and war.

Shocking image from NY FRB lift archive...

And German consumers were supposed to save the Eurozone – along with the global economy.

And no, it certainly can not be characterized as doing God's work............................

Most of the really big returns made by investors and entrepreneurs come from companies which seem to have one unmistakable element.

There may be one great conspiracy dictating the course of the capital market, but if there is not, what is the near-term outlook for the dollar?  

Gold bullion in Singapore climbed $9.29 to $1230.29 and gold was on track for a gain of almost 0.8% for the week prior to concentrated and continual selling in London and then on the COMEX pushed gold lower. Trading action had all the hallmarks of the Gold Anti Trust Action Committee's (GATA) 'gold cartel' and their determination to keep gold prices capped and "animal spirits" low in the gold market.