Smart Money

Phoenix Capital Research's picture

A Pandemonium of Bells Are Ringing For the Markets





There is a saying that you don’t ring bells at the top. It’s not really true. Every time the market forms a major peak, at least in the last 15 years, there are usually a preponderance of signs of excessive speculation and leverage.

 
 
GoldCore's picture

Gold “Price” Spikes to $1,467.50/oz on Computer Glitch?





Gold spiked higher in many price feeds overnight and was $270 higher or more than 22% higher to $1,467.50/oz at one stage in what appears to have been some form of computer glitch.  It was not manipulation, a short squeeze, or a modern Chinese or Russian ‘Goldfinger’ sending a pointed message to Washington.

 
Tyler Durden's picture

The Biggest Myth About Investing In Europe





The BTFDippier of the fast money is already rotating into a long-Europe mode: their entire thesis is that sooner or later the whales will have no choice but to follow the momentum chasers right back into Europe, because where else are they going to go: in the "safety" of the S&P's 19x GAAP P/E?  In theory this would be a great strategy, if only in a world in which nobody actually does any fundamental homework and the only thing that matters is frontrunning the next great sucker. In practice, it is fatally wrong. As the following observation from hedge fund Lyxor shows, while CTA and momentum strats have indeed bailed on Europe in recent months, the so-called smart money, the "global macro" funds never left.

 
Sprott Money's picture

China/India Gold Demand: 2013 Déja Vu





In 2013; a chain of events led to what was (at the time) the greatest stampede into gold in human history. It began with the Cyprus Steal, the West’s first “bail-in”. This led to the realization (by the Smart Money) that no paper assets were safe any longer, within any Western financial institution or market.

 
Phoenix Capital Research's picture

Is the Smart Money Prepping for an S&P 500 Collapse to 450?





These people know the gravy train is about to run off the rails and they’re looking for safety. They don’t care if they miss out on another 5% gain in the stock market, they want to get out of stocks NOW.

 
Tyler Durden's picture

“Global Scramble” For Silver - Coins “Hard To Get,” “Premiums Likely To Jump”





In recent days, there has been a global scramble to acquire silver bullion coins and bars after the price falls according to Reuters. Maple Leaf silver coins are difficult to acquire according to bullion dealers, with the  Royal Canadian Mint on allocation from September. There is a concern that supply times will increase and premiums are likely to jump according to Reuters. “A tumble in silver prices to four-year lows has triggered a global scramble by consumers to purchase silver coins and bars, as the spread between the price of the metal and gold reaches its widest in five years. Retailers and distributors in Asia and the United States said they were struggling to get supplies of items such as Canadian Maple Leaf silver coins. While demand for silver has been strong over the last few months, retailers say buying interest soared in recent days as the metal fell towards its lowest since 2010, along with gold.

 
GoldCore's picture

"Gold Is A Good Place To Put Money These Days" - Greenspan





Greenspan told the CFR that "gold is a good place to put money these days given it's value as a currency outside of the policies conducted by governments." "Gold has always been accepted without reference to any other guarantee." When asked where the price of gold was headed in the next five years he said “higher --- measurably" ...

 

 
GoldCore's picture

U.S. Mint Gold Coin Sales Near 60,000 - "Islamic State, Ebola, Putin, Ukraine" and Swiss Gold Initiative





Smart money is willing to pay a small premium to own segregated and allocated coins and bars rather than have the exposure of an ETF or digital gold platform ... Prudent diversification into physical coins and bars will again reward those who take a long term view.

 
Tyler Durden's picture

The Reason For GT Advanced Technologies Shocking Bankruptcy: "Severe Liquidity Crisis"





EVENTS LEADING TO CHAPTER 11

GTAT is facing a severe liquidity crisis due to circumstances that will be more fully described at the hearing on the First Day Pleadings.

 
Tyler Durden's picture

Cramer Does It Again: GTAT -93% Since Aug 26th Recommendation





August 26th: "Talk about growth... hey have the sapphire product that is going to go in the iPhone 6 launch... this is the stock I have been recommending!" - $18.88

October 4th: Chapter 11 - $0.97

 
Phoenix Capital Research's picture

The Bells Are Ringing… Are You Listening?





There is a saying that you don’t ring bells at the top. It’s not really true. Every time the market forms a major peak, at least in the last 15 years, there are usually a preponderance of signs of excessive speculation and leverage.

 
 
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