Reggie Middleton's blog

More Golden facts for those Gold Bugs

More on Lehman Dies While Committing Murder - my rant on regulatory capture has been picked up by independent media. Uh Ohhh! It's Ponzi Videohhhh!

The overly optimistic IMF has just released strategies for fiscal consolidation. Here is a summary.

These are the news items from the Easter weekend that those who're asleep at the wheel probably missed. Yes, of course they're important and deserving of your attention, that's why they were buried into the Easter weekend!
No need to fret, I condensed them and supplied supplementary analysis to show my love:-)

 The IMF has recently released the results of their staff consultations with Greece. Some may find
it interesting, particularly where it intersects with relevant
BoomBustBlog research. Let's not mince words here. Greece is going to
effectively default on its debt, one way or another, and it is probably
going to do it relatively soon. Shall we walk through the IMF findings
from LAST YEAR and how they are actually optimistic compared to the facts that my
team and I have dug up?

For all the gold bugs, let's run some numbers.

Implied volatility for the big banks is down across the board, just about where it was before the system went into convulsions. This implies the coast is clear, as do the share prices of many banks.
Hard core forensic and fundamental analysis implies otherwise. So does the Fed's actions, which still incorporates ZIRP policy, as well as the waffling at FASB. We will either have smooth sailing from this point on out or there is a nasty surprise waiting (on and off balance sheet) for bank investors in the near future. I invite readers to weigh in with their opinions.

This is the skinny on the EU's Greek rescue package. The (empirical) truth, the whole truth, and nothing but the whole (empirical) truth! Moral hazard, be damned...

Expect the other sovereigns and related domiciled banks that we have covered to follow suit within the next couple of quarters.

This is a very meaty piece, written for those who are serious about the true state of affairs in sovereign Europe as NOT reported in the mainstream media. Though not necessarily for freshmen, it is more than worthwhile for those who want to know what is not being said.

Economic contagion begets financial contagion, which will spread across much (if not most) of Europe, causing further economic contagion. This is what is written on the tea leaves in Ireland.

If this article goes viral around the web, I wouldn't be surprised if the euro tanks and several European sovereign states' spreads blow out. I have busted several of them in another of a long series of "creative" economic forecasting schemes to fudge the appearance of "austerity".

I have a strong feeling that if you dig deep enough into the BofA innards, you will find some stinky stuff. Hey, it's just a feelin'.

I've been telling readers and subscribers that the housing market has a considerable amount to fall before we reach income parity and equilibrium in supply and demand. With income currently falling along with rising underwriting standards, that point is actually being pushed even farther into the (event) horizon! We are now at a point where interested parties would be remiss in not pursuing blogs (both in addition to and instead of the mainstream media) to get the nitty gritty analysis on a wide variety of topics. With that being said, I have finally decided to bite the bullet and expand BoomBustBlog by accepting partners in a bid to grow the business. Lethargic media and financial concerns, look out, here comes the BLOGS!!!

A (comprehensive) recap of news items scarcely seen in the mainstream media and relevant BoomBustBlog research from the past 7 days.

We are on our third EU sovereign state review, and thus far everyone has lied, (scratch that) stretched the truth about the prospective path of their economies out of excessive debt situation. Once you see a pattern of, ahem,,, creativity in forging so called "austerity" plans, how long before the markets simply discount the over-indebted EU as a whole.