Phoenix Capital Research's blog

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

The final and ultimate round of the Crisis that begin in 2008 will occur when faith is lost in the Central Banks.

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.

So… we have stocks bubbling right as they enter a seasonably weak period as the economy is rolling over. None of these things bodes well for the market. We believe stocks are actually putting in a TOP right now, to be followed by a 20%+ correction in the coming weeks.

Take note, Gold is officially money for the most powerful entities in the world. They are not only accepting Gold as collateral but are openly trying to insure that they have their own Gold in safe custody.

Any entity or investor who is using aggressive leverage in US Dollars will be at risk of imploding

Central Bankers bet the financial system that their academic theories would work, despite the countless real-world examples showing that printing money does not generate growth.

Today, China remains central to the notion that the world is in recovery.  It is believed to be growing at 7%: not as rapid as the 9% growth we’re used to seeing, but still dramatically higher than any of large country... Only the whole thing is bogus.

The era the phony recovery narrative has come unhinged.  We have now entered a cycle of actual price discovery in which financial assets fall to more accurate values. This will eventually result in a stock market crash, very likely within the next 12 months.

In the simplest of terms, Abenomics was a form of economic warfare. It marked a transition in global Central Banking policy from an era of coordination to an era in which it is each country/ Central Bank for itself.

Nothing exposes the fallacies of the Fed’s policies  like its horror at the prospect of raising rates even a little bit. Rates have been effectively zero for five years. 

Europe is going to begin both capital and border controls.

 What will happen to the markets when the Western welfare states finally go broke? It will make 2008 look like a picnic.

We need to consider the Cyprus “bail-in” and its implications. The reason for this is that this tiny country has provided the world with a template of what is eventually going to be a global phenomenon.

The situation in Greece boil down to the single most important issue for the finacial system, namely collateral.