• GoldCore
    09/04/2015 - 07:43
    Large pools of gold in indebted nations will be vulnerable. Pool accounts, digital gold bullion vaulting providers and depositories in the UK and the US might have their companies and assets...
  • Sprott Money
    09/04/2015 - 05:58
    It can't continue indefinitely, and there has to be a terminal point, and I think obviously we're much closer to that.

CRAP

CalibratedConfidence's picture

No CNBC, It's Not Priced In





Luckily we didn't hear anything more about Vomiting Camel formations but there was certainly an ample amount of "it's priced in" blaring in the background.

 
Tyler Durden's picture

Guest Post: The Donald Exposed (A Reality Check For Trumpeteers)





It’s all emotional bullshit because what one hardly ever reads about from these Trumpeteer Marionettes is an actual discussion about Trump on the issues. It’s more important to squeeze out yet another orgasmic fountain of joy because he threw out some Univision reporter; “Oh, look! Isn’t zee Donald just Wunderbar!!” Screw that. So, let’s look at what The Donald believes... by his own words.

 
Tyler Durden's picture

What An Actual Leader Might Say





In the current deluge of wannabe leaders clamoring for attention and trying to convince us that they are the boss who should be applying rules to us, it strikes me that all of them are looking backward and none are looking forward. So, since none of this crowd is going to venture anywhere outside of their hermetically sealed status quo, we’d like to offer an example of something a real leader might say...

 
Tyler Durden's picture

Chinese Stocks Are Crashing; Yuan Devalues, Deposit Rate Spikes To Record High, Japan Denies "G7 Response" Planned





The Carnage continues in China (and across AsiaPac) as Japan propagandizes and China throws more kitchen sinks at the market to stop the malicious sellers...

 
Tyler Durden's picture

Guest Post: Is Trump Worse Than Hitler?





The trouble is that it’s not inconceivable Trump could get elected. Farfetched, perhaps, but not out of the question. The USA is heading for a very rough patch of history — as those of you with your eyes on the stock indexes lately may suspect. The country stands an excellent chance of waking up some morning soon to discover it is broke and broken. When that happens, all the anxiety and animus will be focused on looking for scapegoats, and they are likely to be the wrong ones. World leaders considered Hitler a clown in the early going, too, you know.

 
Tyler Durden's picture

American Malls In Meltdown - The Economic Recovery Is Complete & Utter Fraud





What happens when we roll back into the next official recession, unemployment soars, and consumers really stop spending? What is revealed when you look under the hood of this economic recovery is that it is a complete and utter fraud. The recovery is nothing but smoke and mirrors, buoyed by subprime auto debt, really subprime student loan debt, corporate stock buybacks, and Fed financed bubbles in stocks, real estate, and bonds. The four retailers listed below are nothing but zombies, kept alive by the Fed’s ZIRP and QE, as they stumble towards their ultimate deaths. The coming recession will be the knife through their skulls, putting them out of their misery.

 
Tyler Durden's picture

Panic-Buying Sends Stocks Up To Thursday's Cliff-Edge





And the catalyst was... crap China data means moar stimulus (except pork prices are soaring), oil rumors (denied), JPY (stalled), Fischer (same old), and Lockhart... or maybe it's just your standard Monday morning stop run...

 
Tyler Durden's picture

The $12 Trillion Fat Finger: How A "Glitch" Nearly Crashed The Global Financial System - A True Story





... in under a minute, the hateful script had taken offline the entire system in much the same manner as chucking a spanner into a running engine might stop a car. The databases, as always, were flushing their precious data onto many different disks as this happened, so massive, irreversible data corruption occurred. That was it, the biggest computer system in the bank, maybe even the world, was down. And it wasn't coming back up again quickly. At the time this failure occurred there was more than $12 TRILLION of trades at various stages of the settlement process in the system. This represented around 20% of ALL trades on the global stock market.

 
Capitalist Exploits's picture

From the Mailbag: On Japan and the Yen





Will the Japanese “monetary perpetuum mobile” ever get questioned by financial markets?

 
Tyler Durden's picture

This Is The 714 Sq. Foot Hovel In LA That Can Be Yours For Just $1.1 Million





This is full on mania and with inventory building up, people are starting to crunch the numbers more carefully.  I’m curious, how does someone justify a 144% increase on this place?  As we all know, real estate is essentially a game of musical chairs, especially in boom and bust California.  Someone is trying to cash in on a lottery ticket here for Venice.

 
Tyler Durden's picture

Brazil's Economy Slides Into Depression, And Now Olympians Will Be Swimming In Feces





Athletes in next year's Summer Olympics here will be swimming and boating in waters so contaminated with human feces that they risk becoming violently ill and unable to compete in the games. An AP analysis of water quality revealed dangerously high levels of viruses and bacteria from human sewage in Olympic and Paralympic venues — results that alarmed international experts and dismayed competitors training in Rio, some of whom have already fallen ill with fevers, vomiting and diarrhea.

 
Tyler Durden's picture

Another VA Scandal: GI Bill Funnels Taxpayer Money To Masturbation Classes, "Hate Churches" & More





If you feel you’ve had enough Department of Veteran’s Affairs (VA) related scandals for one lifetime, you’ve come to the wrong place...

“We want to get people out of their ruts. Have you been masturbating the same way for 20 years?” the instructor asked rhetorically. “How’s that going for you? Would you like to try something new?”

 
Tyler Durden's picture

A Serial Short Seller Asks "Do Governments & Central Banks Ever Lose?"





It's true that “the authorities” want the price of financial assets (stocks, bonds) to go up, and the price of hard assets (commodities) to go down… which is exactly what has happened. So do governments and central banks ever lose? In the old days, they lost all the time. In one extreme example, an individual hedge fund took out the entire Bank of England. But central banks are currently on a massive winning streak. So to answer the question, “Will we ever have a crisis,” you need to answer the question, “Will we ever be allowed to have one?”

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