Archive - 2015 - Blog entry

Thant's right, no BOOTS on the ground!

Dennis Gartman, author of the institutionally well followed ‘The Gartman Letter,’ has asked questions about gold’s peculiar price action last week and raised the question as to whether there was official central bank manipulation of gold prices.

How many banks (and other companies) are doing the Enron thing? Many more than you would be led to believe, for now it's legal. Simple proof that this will end even prettier than Enron.

This is not legitimate. This is not a market. It is more, systemic crime.

Ironically, it would only exacerbate the pressure and you can handsomely profit from it

From best bank to totally broke and freezing clients’ accounts in less than one year. Could this happen in the US?

I thought I'd change my tone and write up a genuinely positive, optimistic post. This has to do with what I think will be a tectonic shift over the next twenty years: transportation.

Oh the Horror!

These banks, 6 years after the global financial crisis, are still facing shortcomings on their balance sheets... How scary is that?!

Hundreds of billions of EUR of useless QE, dwindling mega banks, and cross continental legislation authorizing the confiscation of Depositor's Capital... Yeah, all is well in Euroland!

Time and time again, I’m hearing the same sticking points for failing to prepare – for failing to assure a more promising future for themselves and their families.

Shantytown, Stockton, California, USA

One would think the market is trading Elon Musk’s reputation instead of two utterly separate companies, considering how they look like clones.

The bearish thesis for gold rests on four key assumptions in the process of being disproven. Recent gold skepticism has generally arisen from some combination of expectations for i) protracted U.S. dollar strength, ii) significant Fed tightening, iii) escape velocity U.S. economic performance and iv) further increases in U.S. equities. Since the end of the first quarter, the logic supporting each of these projections has dissipated significantly.

The US Federal Reserve is obsessed with market reactions to its policies. Because of this, anytime the Fed plans to announce a major change in policy, it preps the markets via numerous leaks and hints… oftentimes for months in advance.