Hyperinflation

Is A VaR Shock Just Starting: Here Is The Checklist

It appears we have a disagreement between two JPMorgan analysts: while one, namely head quant Marco Kolanovic anticipates a significant deleveraging by quant and algo funds, JPM's fund flow guru is desperate to talk down the threat from a coordinated global selloff, and concludes that a VaR shock may not be imminent after all.

The Impoverishment Of The Masses

"There is something in the human psyche which denies economic truths. The explanation as to why free markets work is logical and simple to understand. The contrary evidence, that statist attempts to interfere with Adam Smith’s invisible hand always fail, is irrefutable. Yet the blame for failure is always laid at the door of capitalism. The few of us that persistently insist that right is not wrong and wrong is not right attempt a seemingly hopeless task of persuading the unwilling..."

The Greater Depression - Part 2: "Cinderella Man"

A victory by Hillary would be a victory for Wall Street, billionaire oligarchs, neo-con warmongers, propaganda media outlets, and corporate cronyism. A Trump victory would boost the morale of a middle class that has been abused, denigrated, belittled, ignored, and taken advantage of by the ruling class for decades. The hopes and dreams of millions are riding on a victory by the anti-Cinderella man. His popularity rides on a sea of rightful resentment, anger, and fury at how the average American has been screwed by the ruling class (both parties) for decades.

Central Banker 'Experimentation' Has "Created Conditions For The Mother Of All Crises"

The longer that central banks force negative interest rates – and wipe out the value of savings, pensions, and insurance accounts by denying them return on investment – the more attractive gold and other commodities become as a safe haven for maintaining flexibility. Moreover, the closer the system comes to unraveling altogether, gold and silver remain attractive as a means of holding onto money with ready, liquid exchange value.

Former Barrick Gold President: "A Big Move Has Begun. There's Something Fundamentally Wrong With The Economy"

"I think a move has begun... When you have bonds at negative interest rates you know there’s something fundamentally wrong with the economy. That’s a statement of the relative safeness of currencies... when people actually feel they can buy that bond and pay money to keep it in that bond just because it’s a safer haven than other investments then that’s pretty bad."

Martin Armstrong Questions "Are Central Bankers Coming To A Bitter End?"

Central bankers these days are seriously trapped. They cannot now reverse their policies for that means they have to admit that they have failed. That is far more serious than you might imagine. To even entertain backing down from negative interest rates means they have to admit that Keynesian/Marxist economics has failed and therein socialism, which is based upon the very principle that government can and is capable of managing the economy.

Total Societal Collapse: What The Media Isn't Telling You About Venezuela

"In the coming months, this story of societal collapse will likely force its way into the mainstream. Food shelves haven’t been restocked, the police haven’t restored order, and the food lines continue to grow. The faith in the State that was the cornerstone of stability under Hugo Chavez has been completely eroded."

Socialism: The World's Greatest Generator Of Poverty

“What socialists like Senator Sanders should say if they want to be truthful and straightforward,” DiLorenzo thus avers, “is not that government can offer citizens anything for free, but that they want healthcare (and much else) to become a government-run monopoly financed entirely with taxes. Taxes hide, but do not eliminate, the cost of individual government programs.” And these programs are far more expensive to society than they would be on the free market.

The Marginal Buyer Holds The Pin That Pops Every Asset Bubble

The person willing to pay top dollar is called the "marginal buyer". Most of us don't really think about him much, but he (or she) is very, very important. Why? Because the marginal buyer not only determines price levels, but also their stability and degree of volatility. The behavior of the marginal buyer, as well as the degree of competition for his/her "top dog" spot, sets the prices of nearly every asset class held by today's investors.