• Bruce Krasting
    12/18/2014 - 21:42
      The one thing that Jordan can't do in this war is appear to be weak.

Purchasing Power

SurlyTrader's picture

Gold, Yen, Central Banks and the Endgame





Central Banks shorting Gold and Silver to preserve their status as Masters of the Universe.

 
Sprout Money's picture

WGC: "Improving GDP Benefits Gold Demand"





There is a very strong correlation between the GDP and the demand for gold, even in mature markets!

 
Tyler Durden's picture

Bubble Exit Rule: "You Only Get Out If You Panic Before Everyone Else Does"





The problem with what we call the Exit Rule for Bubbles - "you only get out if you panic before everyone else does" – is that you also have to decide whether to look like an idiot before the crash or an idiot after it.

 
Tyler Durden's picture

USDJPY Tops 114 (+6 Handles) Sending Japanese Stocks Up 2000 Points Since FOMC





The trend is your friend... until it becomes a Venezuelan hyperinflation melt-up...

 
Tyler Durden's picture

Bill Gross Warns "Global Economy & Financial Markets Are Insecurely Grounded"





"Perhaps sooner rather than later, investors must recognize that modern day inflation, while a necessary condition for survival, is not a sufficient condition for increasing wealth at a rate necessary to satisfy future liabilities associated with education, health care, and a satisfactory retirement. The real economy needs money printing, yes, but money spending more so, and that must come from the fiscal side – from the dreaded government side – where deficits are anathema and balanced budgets are increasingly in vogue. Until then, deflation remains a growing possibility – not the kind that creates prosperity but the kind that’s the trouble for prosperity."

 
Marc To Market's picture

Divergence Aids Dollar, but No Currency War





When Calpers buys an international asset for its investors, is it intervening in the forex market on behalf of the US?

 
Tyler Durden's picture

Only A Few More QEs To Go Until Argentina





Because nothing says economic strength like nominal equity market gains... as Kyle Bass warned in the past - beware the 'nominal' stock market cheerleaders.

 
Tyler Durden's picture

How Long Can The Top 10% Households Prop Up The "Recovery"?





The question of "recovery" really boils down to this: how much longer can the increasing debt of the bottom 90% and the wealth of the top 10% prop up the expansion?

 
Tyler Durden's picture

Why We're Poorer: Inflation And Deflation Are Now Globalized





We're being hit with a double-whammy: Wages are under deflationary pressure, and almost everything else is exposed to inflationary pressure.  No wonder we feel poorer: most of are poorer.

 
Sprout Money's picture

In Memoriam: Abenomics





Shinzo Abe has lost his magical touch as Japan's economy is nose-diving again...

 
Tyler Durden's picture

Things That Make You Go Hmmm... Like The Swiss Gold Status Quo Showdown





The Swiss establishment has been reliant upon the public’s ignorance, but now they are up against a formidable opponent in Egon von Greyerz. Not only that, but they can clearly see that, as elsewhere around the world, the public is fast becoming disenchanted with the status quo; and that is potentially very dangerous for these people. What is important to understand here is that if the initiative passes it will be part of the Swiss constitution IMMEDIATELY - as some are suggesting. This means that the government and parliament cannot touch it. Only another referendum can change it. This is proper democracy for you. The closer we get to the vote on November 30, the bigger this story is going to become, and the bigger it becomes, the higher the chance that the yes vote wins. Should that happen, it will undoubtedly set off alarm bells throughout the gold market, as yet more physical gold will need to be repatriated and another sizeable, price-insensitive buyer will enter the marketplace.

 
Tyler Durden's picture

Kuroda Comedy Hour (Or Has The World Gone Mad... Again?)





The head of Japan's Central Bank kept a straight face while unleashing a torrent of comedic genius this evening with regard the Japanese economy and its monetary and fiscal policy success... Enjoy...

 
Tyler Durden's picture

50% Of American Workers Make Less Than $28,031 A Year





The Social Security Administration has just released wage statistics for 2013, and the numbers are startling. Last year, 50 percent of all American workers made less than $28,031, and 39 percent of all American workers made less than $20,000. We are witnessing the slow-motion destruction of the middle class, and very few of our leaders seem to care.

 
Tyler Durden's picture

Why Gold Is Undervalued





Gold has been in a bear market for three years. Technical analysts are asking themselves whether they should call an end to this slump on the basis of the "triple-bottom" recently made at $1180/oz, or if they should be wary of a coming downside break beneath that level. The purpose of this article is to look at the drivers of the gold price and explain why today's market value is badly reflective of gold's true worth.

 
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