Archive - Jan 2016 - Blog entry

Iceland refused to be blackmailed. Iceland refused to take on the extra debt (and debt slavery) that came with the blackmail. Iceland refused to touch its social programs. Iceland has the strongest economy in the Western world.

There is a populist idea of money printing. The idea is that banks can just print what they want, enriching themselves... does it really work this way?

Dr Strange Bomb...

See For Yourself ...

Default Rate Highest since 2009, US Distress Ratio Soars.

It only takes a moment for the observant viewer to ascertain the state of each of these two realities. There is no Schrodinger's Cat in Dennis' world.

EU countries join the UK, the U.S., Canada, Australia and New Zealand in having plans for bail-ins in the event of banks and other large financial institutions getting into difficulty.

Derivatives like credit default swaps turned a mere bubble in the US housing market into a global financial catastrophe... 

Unfortunately, this is not a sustainable financial or economic business model for the West.

Gold is poised to rebound dramatically this year, mean reverting out of its recent deep secular lows. The drivers of gold’s weakness have soared to such extremes that they have to reverse hard. The resulting heavy buying from dominant groups of traders will fuel gold’s 2016 upleg.

The sources of growth for US corporates have all dried up. Stocks have yet to adjust to this, but when they do it’s going to be an all out collapse.

Four those who do not know, four is widely considered the unluckiest of numbers in China, synonymous with death...

This week, the gold-silver ratio promptly moved up +2.3%. As readers will recall, we have been calling for a ratio value over 80 for a while.

Comcast is penny wise, pound foolish.

Status Quo means Hillary. Financial Mayhem means Bernie. Fear means Trump.