| |
 | Adam Hamilton - Zealllc |
| Bitcoin Mania Parabolic |
| Bitcoin’s meteoric skyrocketing this year has been astonishing,
captivating traders across the globe. This once-obscure
cryptocurrency has exploded into the world’s hottest market. With
fortunes being won on paper, everyone is talking about bitcoin. But
with its price shooting parabolic, unfortunately this wild ride has
all the hallmarks of a classic popular speculative mania. And those
all end badly, totally collapsing.
In
the annals of financial-market historFriday, December 8, 2017 |
|
 | Hugo Salinas Price - Plata.com |
| The Bitcoin: a Chapter in the History of Mass Speculation |
| If I have funds in a bank account, I know that I have a certain amount of fiat money available in that account, upon which I can draw more or less freely, according to the nature of the contract between myself and the Bank. The value of my account depends upon the value of the fiat money which it represents.
Bitcoins have no stated value. I cannot know the total value of my Bitcoins, until the moment I have exchanged all of them for a quantity of fiat money.
At present,Friday, September 15, 2017 |
|
| Sprott Money |
| Gravity Rules: End Of The Bubble Is In Sight - Dave Kranzler |
| “Even the intelligent investor is likely to need considerable willpower to keep from following the crowd.“ - Ben Graham
The quote above is from Ben Graham, considered to be the father of
value investing. Graham followed the crowd in 1929 and lost a small
fortune for himself and his investors. Graham collected his learning
experience from that disaster and eventually wrote, “The Intelligent
Investor,” which is considered to be the one of the best investment
books ever written. Warren Buffet Tuesday, June 13, 2017 |
|
 | Alasdair Macleod - Finance and Eco. |
| The importance of randomness |
| The greatest strength of a truly free market economy, where money is sound and does not corrupt prices, is the absence of cyclical action. With sound money, and consumers deciding for themselves their wants and satisfactions, having to choose between this or that instead of deploying unbacked credit to have this and that, there can be no cycle of credit, and no credit-driven business cycles.Central bank manipulation of money is intended to force everyone to act the same way at the same time. CenThursday, May 18, 2017 |
|
 | Chris Martenson |
| It’s Bubble Time! |
| It's impossible to predict with certainty how much more insane our financial markets will get before an inevitable correction. But my personal bet is: A lot!
For my reasons why, take a few minutes to watch the chapter on bubbles below from The Crash Course. For those who haven't seen it before, the takeaway is this: bubbles pop only when greed in the market has been exhausted:
Bubbles make no sense economically. Or rationally. But they happen all the time as a part of the human condition.
EThursday, February 23, 2017 |
|
 | Mark O'Byrne - gold.ie |
| Savings Guarantee U.N. Warns Next Financial Crisis Imminent |
| Savings Guarantee? U.N. Warns Next Financial Crisis Seems Imminent“There remains a risk of deflationary spirals in which capital flight, currency devaluations and collapsing asset prices would stymie growth and shrink government revenues. As capital begins to flow out, there is now a real danger of entering a third phase of the financial crisis …”UN Conference on Trade and Development’s Annual Report (UNCTAD), September 22, 2016 Image from “Extraordinary Popular Delusions and the Madness of CrowFriday, September 23, 2016 |
|
 | Jesse - Le Cafe Américain |
| Gold Daily and Silver Weekly Charts - |
| "What dost thou see, lone watcher on the tower
Is the day breaking? comes the wish'd-for hour?
Tell us the signs, and stretch abroad thy hand
If the bright morning dawns upon the land.
The stars are clear above me, scarcely one
Has dimm'd its rays in reverence to the sun;
But yet I see, on the horizon's verge,
Some fair, faint streaks, as if the light would surge."
Charles Mackay, The Watcher On The Tower
What failing economy?
Gold and silver drifted higher today in what can best be describeTuesday, August 30, 2016 |
|
 | Bob Hoye - Institutional Advisors |
| Smart Money Selling |
| Signs of The Times
Perspective
George Bradis may or not be a skeptic, but his question is pertinent. The
Australian government is attempting to curb spending. But that the climate
promotion continues has been to maintain the propaganda as well as the grants.
It has been an ideal game for control freaks and rent seekers.
Much the same holds for aggressive central bankers. In this case, the audacity
is much less than controlling the climate. The ambition has been to merely
control thFriday, May 6, 2016 |
|
| Jesse - Le Cafe Américain |
| Scholes Sees Stagflation Coming, Suggests Safety To Be Found In Assets Like Gold and Silver |
| "But never a truth has been destroyed;
They may curse it, and call it crime;
Pervert and betray, or slander and slay
Its teachers for a time.
But the sunshine aye shall light the sky,
As round and round we run;
And the truth shall ever come uppermost,
And justice shall be done."
Charles Mackay
A banquet of consequence is coming, but I am afraid that justice is taking a more circuitous route, thanks in large part to the credibility trap. And the masters of the feast never seem to be around to pWednesday, May 4, 2016 |
|
| Jesse - Le Cafe Américain |
| SP 500 and NDX Futures Daily Charts - |
| "After dinner, Larry [Summers] leaned back in his chair and offered me some advice. I had a choice. I could be an insider or I could be an outsider. Outsiders can say whatever they want. But people on the inside don’t listen to them.
Insiders, however, get lots of access and a chance to push their ideas. People — powerful people — listen to what they have to say. But insiders also understand one unbreakable rule: They don’t criticize other insiders."
Elizabeth Warren
"Men, it has been wellTuesday, March 8, 2016 |
|
 | Michael J. Kosares |
Reflections in a Golden Eye  |
| Here area some previously unpublished notes written over the past few months — observations and reflections, some a little lengthy some short and sweet, strictly for the advanced gold owner.
Barbarous no more
The collective viewpoint on gold has changed since the financial dust-off of 2008 — the culmination to a process that began at the turn of the century.Monday, June 23, 2014 |
|
 | Ty Andros - traderview |
 CHINA: Countdown to Crisis  |
| Yes or no?
Every major corner of the world's economies is sitting on a knife's edge of
one type or another; the question becomes who falls first triggering the next
leg down in the Global Economies and ongoing depression. All are in debt spirals
as deficits and debt compound at a high rate, while the growth to service them
is but an illusion of official account measures, public sector growth and understated
inflation.
Waves of insolvency are just waiting to strike as elites, academics,Tuesday, May 20, 2014 |
|
| Jesse - Le Cafe Américain |
| SP 500 and NDX Futures Daily Charts - Burning Down the House |
| "Money, again, has often been a cause of the delusion of the multitudes. Sober nations have all at once become desperate gamblers, and risked almost their existence upon the turn of a piece of paper."
Charles Mackay
One in ten bridges in the US are in critical need of repairs.
This disparity and dichotomy between the virtual world of financial control frauds and the real economy of people and things is going to become more and more interesting.
One Elon Musk is worth five hundred Dimon's anSaturday, April 26, 2014 |
|
| Jesse - Le Cafe Américain |
| Gold Daily and Silver Weekly Charts - Madness, Ending Badly |
| "Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one...
In February 1720 an edict was published, which, instead of restoring the credit of the paper, as was intended, destroyed it irrecoverably, and drove the country to the very brink of revolution...”
Charles MacKay, Extraordinary Popular Delusions and The Madness of Crowds
Self-awareness, empathy, and foresight are not, unfortunately, high in the oSaturday, April 26, 2014 |
|
| Jesse - Le Cafe Américain |
| Comex Registered Gold Falls To 587,235 Ounces - Claims at 63 to 1 - The Karma of Buddha's Palm |
| There was a rather large adjustment into eligible gold storage at the HSBC warehouse as 51,617 ounces left the deliverable 'registered' category.
This is not such a big short term issue since November is a' non-active delivery month' for the Comex precious metals futures markets.
But in fact there is so little actual physical delivery activity taking place there anymore, even in an 'active month,' that one might argue that the New York metals market is approaching practical insignificance, loFriday, November 15, 2013 |
|
| Jesse - Le Cafe Américain |
| Comex Registered Gold Falls To 587,235 Deliverable Ounces On a 51,617 Ounce HSBC Adjustment |
| There was a rather large adjustment into eligible gold storage at the HSBC warehouse as 51,617 ounces left the deliverable 'registered' category.
This is not such a big short term issue since November is a' non-active delivery month' for the Comex precious metals futures markets.
But in fact there is so little actual physical delivery activity taking place there anymore, even in an 'active month,' that one might argue that the New York metals market is approaching practical insignificance, loFriday, November 15, 2013 |
|
| Michael J. Kosares - USA Gold |
| Extraordinary popular delusions and the madness of machines |
| Why goldmightbe setting up for abig movehigher
Counter-intuitive forces areatwork in the goldmarket. Europeismovingtoward dissolution –erratically tobe sure butinevitablynevertheless. Intuition tells usthat goldshouldbemovinghigherunder thecircumstances,after all,we aretalking about thebeginning phases of a majorcurrency, andperhapseconomic, collapse.Thursday, May 10, 2012 |
|
| Michael J. Kosares - USA Gold |
| Special Report: Extraordinary delusions or the madness of machines |
| Counter-intuitive forces are at work in the gold market. Europe is moving toward dissolution – erratically to be sure but inevitably nevertheless. Intuition tells us that gold should be moving higher under the circumstances, after all, we are talking about the beginning phases of a major currency, and perhaps economic, collapse.Tuesday, May 1, 2012 |
|
| Jesse - Jesse's Cafe |
| Damning the Demimonde: Thomas Frank Versus the Oligarchs' Enablers |
| The defense being offered for Goldman Sachs, and Wall Street, is that since they are serial cheaters and everyone knows it, the victims should only blame themselves for thinking otherwise, and doing business with them, and being cheated. I have heard this one quite a bit lately. When someone from the Street offers this defense it is a bit ironic and almost funny.Monday, March 26, 2012 |
|
|
|
|
