Lehman

"Why We Need To Beat Russia"

Only Gold has the history, depth, unique qualities, loyalty of the elite and transitional power to challenge any man, any nation, any system on earth, past, present and future. The Dynasties understand this, because they have both witnessed and authored this axiom across generations of asset accumulation. As the sand peters past the last curve of the hour glass the Dynastic hand is clear to see. So the Neo-cons need to beat Russia, and soon, as only Globalism can keep the markets enchained.

In One Year The US Mining Industry Lost More Money Than It Made In The Prior Eight

For anyone still looking for context to the biggest ever collapse in commodity prices in history, one far sharper and now longer than that in the deflationary aftermath of the Lehman failure, look no further than the chart below: as the WSJ notes, the U.S. mining industry, a sector which includes oil drillers, lost more money last year than it made in the previous eight.

It's Not Over Yet - Moody's Put Deutsche Bank On Review For Downgrades

In a worryingly coincidentally timed move, Moody's has put Desutche Bank on review for downgrade, citing "execution challenges" in its new strategic plan. The worrying aspect comes from the fact the timing is entirely fitting with the ratings downgrade that started the last and most painful down-leg in Lehman's collapse...

Fed Warns Brexit Poses Contagious Risk To US Economy, Spikes GBP Volatility To Record Highs

As the battle between Brits' fiercely historic "independence" and the establishment's Project Fear, anxiety is building over the looming Brexit decision. Despite rallies in most markets over the past few weeks, UK-related risk premia remain extremely-elevates with British corporate bond risk notably decoupled from EU's credity risk but it is the FX markets where the biggest dislocations are with Cable volatility at its most elevated ever relative to EUR. While equity markets remain unimpressed by the FX and credit market concerns, Fed's Lockhart warns "BREXIT POSES RISK THAT CAN SPILL BACK TO U.S. ECONOMY."

"Fear" Indicator Surges To Record High

When it comes to the "here and now", which in the Fed's centrally-planned market is driven almost excusively by momentum ignition algos, complacency indeed rules (VIX 13). But even the merest glimpse into the near future, or rather how the present environment may disconnect with what may happen tomorrow, or next week, or, as the case may be, in three months, institutional investors are more concerned than ever before. But is this a confirmation that the US stock market is about to have a new "Deutsche Bank" moment?

Why This Sucker Is Going Down - The Case Of Japan's Busted Bond Market

The world financial system is booby-trapped with unprecedented anomalies, deformations and contradictions. It’s not remotely stable or safe at any speed, and most certainly not at the rate at which today’s robo-machines and fast money traders pivot, whirl, reverse and retrace. Indeed, every day there are new ructions in the casino that warn investors to get out of harm’s way with all deliberate speed. And last night’s eruption in the Japanese bond market was a doozy.

This 4,000-Year-Old Financial Indicator Says That A Major Crisis Is Looming

In nearly every single major recession and panic of the last century, there was a sharp rise in the gold/silver ratio. The crash of 1987. The Dot-Com bust in the late 1990s. The 2008 financial crisis. At 82x, this isn’t normal. In modern history, the gold/silver ratio has only been this high three other times, all periods of extreme turmoil—the 2008 crisis, Gulf War, and World War II. This suggests that something is seriously wrong. Or at least that people perceive something is seriously wrong.

"In The Last Seven Years, China Accounted For 40% Of All Global Debt Creation"

China's velocity of money is now the lowest in the entire world, a world in which China provided 40% of the entire credit impulse since 2008: "In the last seven years, China has accounted for around ~40% of entire global incremental debt creation. Such a rapid accumulation of debt in less than a decade, when combined with the capital-intensive nature of the economy and a less sophisticated financial sector, drove China’s velocity of money to one of the lowest levels globally (~0.5x, i.e. below that of Japan)."

3 Things: Recession Odds, Middle-Class Jobs, & Market Drops

"...it is not wise to dismiss recession risk." Despite the ongoing “hopes” of the always bullish media, the recent rally has not changed the slope, or scope, of current market dynamics. The current “bear market” is not over just yet.

"No Signs Of Recession" Says Agency That Always Fails To Predict Recession

The top economist for Moody’s (one of the largest rating agencies in the world) said yesterday, as he unleahed the latest jobs guess, that there are absolutely zero signs of recession. These sameguys were so drunk on their own Kool-Aid that in October 2007, Moody’s announced that “the economy is not going to slide away into recession.” Everyone assumed that the good times would last forever. This is what virtually assures negative interest rates in America.