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...
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
Yogi Berra, one of the keenest observers of the human condition, is said to have once remarked "It is tough to make predictions, especially about the future." And so it is.
BANZAI7 FOOD AND BEVERAGE WARNING...
Numerous data points are showing the economy is approaching if not already in recession. And yet stocks are pricing in economic perfection. By the time they catch on… we’ll see a serious market correction.
Forget about Peak Oil, the new buzzword is Peak Demand. In short the oil market is a declining business over the next 50 years ....
So if you were sitting then in the turmoil of the economic upheaval and had to get on the phone to the one person that was likely to get you through the mortgage rates hikes and the jobless rates or the spiraling debt and inflationary pressure, then who would you immediately think of?
JP Morgan’s massive silver buying brings to mind the Hunt Brothers' attempt to corner the silver market in the late 1970s. The Texas oil-tycoons tried to corner the silver market by accumulating a massive silver futures position. Ted Butler has estimated that JP Morgan may currently hold far more than their official figure of 55 million ounces.