• Monetary Metals
    07/28/2014 - 02:38
    Notice the “icicles” dripping all over the place? They occur at different times of the day. What are they? Each one is a brief but dramatic price drop.

Market Crash

Pivotfarm's picture

G8: Smile!





Apparently, the highlight of the round-up of the G8 summit in Lough Erne might just have been that David Cameron went for a morning dip to swim a couple of lengths. That’s about as far as he might have got anyhow, considering that little all else was decided.

 
Pivotfarm's picture

Bankers: Do not Pass GO, Do Not Collect millions and Go Directly to Jail!





George Osborne is giving the Mansion-House (residence of the Lord Mayor of London) speech to the city tonight, an annual speech in which the Chancellor of the Exchequer traditionally gives his impression of the state of the British economy.

 
Pivotfarm's picture

Stock-Market Crashes Through the Ages – Part III – Early 20th Century





The 20th century could be categorized as THE century when communications took off and we started living in each other’s pockets. Lives had been ruined by war, trouble and strife. Wealth had been redistributed beyond belief. There were no longer just a few that were making the profits, but there were growing classes of people that wanted recognition.

 
Pivotfarm's picture

Obama on Bernanke: Thanks for Coming. Now it’s Time to Go!





President Barack Obama stated yesterday that Federal Reserve Chairman Ben Bernanke has stayed in his position “longer than he [Bernanke] wanted”. Some will be probably agreeing with Bernanke (and Obama) more than he might have expected after having said that. Although he should have stopped short of adding (for fear of hurting Helicopter Ben’s feelings?) that he has done an “outstanding job”.

 
Pivotfarm's picture

Spying! China Condemns US: That’s Rich!





China! Honestly, it comes to something when China jumps on the accusatory band-wagon asking the US administration to provide some comments about its monitoring programs and answer up to the international community.

 
Pivotfarm's picture

Iran: Sorry State





Iran is a right old sorry state (of affairs).  Plunged into recession, inflationary pressure that Abenomics wouldn’t mind having a bit of and Bernanke might just be getting if he carries on printing the greenbacks at the rate they are churning out of the Federal Reserve faster than a Ford-T in 1908.

 
Pivotfarm's picture

G8 Summit: Just How Effective?





The summit opens today for two days of public display of back-slapping and hand holding, championing the things that the west does best. The summit was preceded yesterday by the parading of 8 life-size puppets with huge heads to draw attention to poverty levels in the world.

 
Phoenix Capital Research's picture

Why the Fed Cannot "Exit" Successfully... Without a Market Crash





Bernanke claims the Fed can successfully exit its current strategy. He’s lying. Or he’s adhering too strongly to economics and ignoring human nature.

 
Pivotfarm's picture

Stock-Market Crashes Through the Ages – Part II – 19th Century





Stock-market crashes saw the light of day more and more as the world became industrialized. The 19th century saw a rapid increase in their numbers.

 
Pivotfarm's picture

IMF: It Ain’t Over Till The Fat Lady Sings





The International Monetary Fund analysts believe that if budgetary cuts are taken away, then it could trim a substantial slice off economic growth in the US. Forecasts could be lower by as much as 1.75%, meaning that growth prospects would be no better than 1.9% in total for this year. 

 
Asia Confidential's picture

Can The World Afford Higher Interest Rates?





The answer is no as higher rates on developed world debt would crush their economies. And it would hurt less indebted emerging markets too.

 
Pivotfarm's picture

Stiglitz: Fed Fell into Trap of QE





Demand isn’t there at the moment in the economy. Production isn’t being utilized. Any monetary policy will only be temporarily of benefit to the market and keep them happy (as it has done for six months).

 
Pivotfarm's picture

Home Repossessions up 11% in the USA in May





Repossessions! Home repossessions in the USA increased by 11% in May. Foreclosure filings (default notices and scheduled auctions as well as repossessions) were also up by 2.3% (148, 054) according to a report just published today by RealtyTrac.

 
Pivotfarm's picture

Federal Reserve Will Think and Then Think Again!





Paul Fisher Head of Markets at the Bank of England told the economic worriers of the UK that the BoE would not pull the stoppers out on the economic stimulus plan in the UK and that the “macroeconomic outlook here is not as bright as in the US, therefore we are some way behind them in terms of return to anything like trend growth”. Has Mr. Fisher been to the US recently?

 
Pivotfarm's picture

Milton Friedman: Please Come Back, All is Forgiven!





Milton Friedman once said that “if you put the federal government in charge of the Sahara Desert, in five years there’d be a shortage of sand”. I think if he were around still, he would need to revise that.

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