They say people get the governments they deserve; well, they get the institutions and an regulators they deserve, too. Apathy is the greatest destroyer of liberty.
Yes, it’s true that the propping up of the markets by the Fed and Central Banks has gone on longer than we realized, the unraveling of the World’s Greatest Financial Ponzi Scheme is still on its way.
Is Apple going to produce more electric vehicles ten years from now than BMW?
“From the mass psychology perspective, Gold is very close to putting in a bottom. Sentiment investors, contrarian investors and investors who are familiar with the concept of mass psychology should consider taking a closer look at the precious metal’s sector now”.
The US is on its own and monetary expansion seems the only Holy Grail left...
"This is legal?" Stephanie Ruhle on CDS after watching "The Big Short" (Bloomberg TV)
Steve St. Angelo is an Independent researcher who started to invest in precious metals in 2002.
CEOs, Wall Street are furiously making hay while the storm moves in.
The further you go towards the tails of the bell curve, the more similar social characteristics. In a society that has been even more polarized, we increasingly see similarities between the very wealthy, and the very poor. The declining middle class is more and more a world of it's own (as the elite used to be).
In Summary, the Superclass "Elite" UHNWI and the ultra poor have the following in common:
Focus on policies promoting economic growth, lower taxes, and spending tax receipts more efficiently and not on one`s sexual orientation in the bedroom.
The Third hedgeless_horseman's 12 Days of Christmas ~ Gift ideas for the Zero Hedge reader in your lifeSubmitted by hedgeless_horseman on 11/24/2015 13:31 -0500
If you know someone special that likes the finer things in life, and lives where they may need to defend those finer things and their life, I offer mrs_horseman's recipe for, "Can-of-Whoop-Ass."
The world is awash with debt. With central banks increasing their balance sheets through quantitative easing, simultaneously pushing down interest rates and taking huge chunks of the market out of circulation, investors have had to stray beyond developed market government bonds in search of yield.