Archive - Oct 2015 - Blog entry

"Some In the Turkish Government ... Believed They Could Get Assad’s Nuts In a Vice By Dabbling With a Sarin Attack Inside Syria"

The Man Who Drinks His Own Kool Aid...

Consumer debt culture has completely and utterly taken over the West.

Roughly ONE THIRD of the advisory firms the SEC examined failed to meet custody rule requirements.

Gold in euros rose sharply to the highest in three months after the European Central Bank signaled it will likely engage in more QE and may even move to negative interest rates. Draghi's comments are gold bullish - particularly in euro terms.

listening to the ECB panel trying to justify more stimulus of bond buying in their herculean fight to save ‘low’ inflation from damaging European citizens was just pure comedy beyond a Monty Python skit.

Eurostan...

Imagine global-currency war and proxy wars somehow, unexpectedly, blow up into a world war directly involving you.

Already, the big banks (the ones with the closest ties to the Federal Reserve) have begun turning away deposits OR charging them.

Gold can be useful as a hedge against inflation but it's been consistently so only in the long run.

If you’re sophisticated and have a bit of luck, you could end holding your gold exposure at zero or even make a profit.

Animals and Babies Are Getting Fatter Too …

Companies used to build things.  Not because they were noble, but because they had no other choice.  Selling snake oil simply wasn't possible on a large scale, for a long time; in the previous economy.  Now, like during the dot com boom, all you need is a phone, a website, and a power point machine.  Actual sales, or an actual product, it's so 80's.

Today shares for VRX "Valeant" Pharmaceuticals was haled 4 TIMES:

The hype and hope of more QE misses the point...The bull market of the last six years is likely over.

“If Congress fails to raise the nation’s debt ceiling by [November 3], the US could risk a first-ever default on its obligations”.