• GoldCore
    05/25/2015 - 09:19
    China launches international gold fund with over 60 countries as members. The large fund, which expects to raise 100 billion yuan or $16 billion, will develop gold mining projects across the economic...

Phoenix Capital Research's blog

Phoenix Capital Research's picture

The Market is Rapidly Running Out of Props…





Put simply: the market is quickly running out of props. Eventually we’re going to get a correction. But with so little buying power in the markets that could correction would very easily become a Crash.

 
Phoenix Capital Research's picture

The Single Largest Misallocation of Capital in History





The global Central Banks, driven by their Keynesian lunacy, have induced the single largest misallocation of capital in history.

 
 
Phoenix Capital Research's picture

The Fed Hasn't Solved Anything… All It's Done Is Set Up an Even Bigger Crisis





Nothing exposes the fallacies of the Fed’s policies of the last five years like its horror at the prospect of raising rates even a little bit. 

 
Phoenix Capital Research's picture

The $16 Trillion Lie That Will Affect All Investments Going Forward





You’re talking about a joint economy of $16 trillion in which 30%-56% of the population is employed b the Government and the Government is shredding democracy and the legal system. The cultural reactions will have financial repercussions for years to come.

 
Phoenix Capital Research's picture

The Real Reason For the Oil Crash… And Why It Could Happen In Other Asset Classes





This is jut one small part of the massive $9 trillion in US Dollars that has been borrowed and invested elsewhere. To put this number into perspective, it’s larger than the economies of Germany and Japan combined.

 
 
Phoenix Capital Research's picture

Why Central Banks HATE Cash and Will Begin to Tax It Shortly





As far as the Central Banks are concerned, this is a good thing because if investors/depositors were ever to try and convert even a small portion of this “wealth” into actual physical bills, the system would implode (there simply is not enough actual cash).

 
 
Phoenix Capital Research's picture

Gold is Breaking Out Against the Euro and Yen… is the US Dollar Next?





The Greek mess has lit a fire under Gold again, which appears to have bottomed in both the Euro (blue) and the Japanese Yen (red). The one exception is Gold priced in US Dollars mainly because the US Dollar has been so strong for much of the last 9 months.

 
 
Phoenix Capital Research's picture

The Secret Fed Paper That Advocated a "Carry Tax" on All Physical Cash





It would be easy to scoff at these proposals as completely insane if the Fed hadn’t published a paper back in 1999 suggesting the implementation of a “carry tax” or taxing actual physical cash using an expiration date if depositors aren’t willing to spend the money.

 
 
Phoenix Capital Research's picture

A Healthy Financial System Cannot be Built on Fraud





Fraud is endemic in the financial system today. We know that the currency, stock, bond, and even commodity markets have ALL been manipulated by Investment Banks or Central Banks.

 
Phoenix Capital Research's picture

Why Any Rate Hike By the Fed Is Going to Be Purely Symbolic





The fact is that much of the globe, particularly the developed west, is up to its eyeballs in debt. Mind, you, this is based solely on official public debt numbers.  If you include unfunded liabilities, then the US, most of Europe, Japan, and even China are sporting Debt to GDP ratios well over 300%.

 
 
Phoenix Capital Research's picture

Is This the Last Hurrah For Stocks?





Traders have been trying repeatedly to force an upwards breakout in the S&P 500. Thus far they have failed. And now the market is coming up on support.

 
 
Phoenix Capital Research's picture

The ECB is Attempting to Corner the Bond Market… Buckle Up





Put another way, the amount of high quality collateral backstopping this mess has shrunken dramatically. On top of this, traders have been piling into sovereign bonds in anticipation of various QE programs, forcing yields to multi-decade if not multi-century lows.

 
 
Phoenix Capital Research's picture

Central Banking and the Greatest Con Job in the History of Finance





The next time something breaks in the financial system… it won’t be just individual banks going belly up. It will be entire countries. What’s happened in Cyprus and Greece is coming to your neighborhood… wherever you are.

 
Phoenix Capital Research's picture

Central Planning and Crony Capitalism Have Bankrupted the Financial System





For over 30 years, sovereign nations, particularly in the West have been buying votes by offering social payments in the form of welfare, Medicare, social security, and the like.

 
 
Phoenix Capital Research's picture

Is the Next Round of the Crisis at Our Doorstep?





The bigger issue concerns the fact that bond yields are rising across the board. The UK’s Gilts, US Treasuries, and German Bunds have all dropped sharply in the last month, pushing their yields higher.

 
Syndicate content
Do NOT follow this link or you will be banned from the site!