Archive - May 2015 - Blog entry

Yes ... They're Collecting the Content of AMERICANS' Phone Calls, Too

Venezuela swapped its gold at a 40% discount for dollars and has to pay intrerest on those dollars.  Not anti-gold rant.  Google story if you  doubt the facts I cite. 

Einhorn just found his next target: U.S. onshore E&Ps or the oil fracking companies.

Gillian Tett, markets and finance commentator and an Assistant Editor and former U.S. Managing Editor of the Financial Times, wrote an important and little noticed article last week questioning complacency on the part of European policy makers regarding a Greek default and potential exit or ‘Grexit’. Tett argues that a Greek failure would lead, as Lehman’s did to “wider policy uncertainty: when Lehman failed, the entire paradigm for finance suddenly seemed unpredictable”.

The British are ready to hang themselves yet again, with their General Election on Thursday 7th May 2015.

BANZAI7 FOOD AND BEVERAGE WARNING...

This was the “Rubicon” moment: the instant at which Central Banks gave up pretending that their actions or policies were aimed at anything resembling public good or stability

His music enchants the world...

Fiat Money May Be Junk ... But a Cashless Society Controlled by the TBTFs Is Dictatorship

A look at the drivers for the week ahead.  

Something serious is brewing under the hood...

F*ck the EU!

The final and ultimate round of the Crisis that begin in 2008 will occur when faith is lost in the Central Banks.

"Colombia is the next star of Latin America" - Sam Zell