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 | Mish - Global Economic Analysis |
| Note to BoJ: Try Something Different or Look Perpetually Foolish |
| The Bank of Japan today offered to buy unlimited 10-year bonds at 0.11%. I have a suggestion: buy 100% of them.
This story comes from ZeroHedge who reports BoJ Offers To Buy Unlimited Debt, Boosts POMO In Panic Response To Surging Rates.
ZeroHedge notes the offer drove down yields by all of 0.05 percentage points.
The line in the sand is clearly 0.11% and that line has not changed for months.
On July 10, 2017, the Financial Times reported "central bank drawing line in the sand for 10-year benFriday, February 2, 2018 |
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 | Deepcaster |
| Profit, Protection, Despite Cartel Interventions—November 2017 Update |
| Governments love [the war on cash]. Then they can control you...we are not going to have as many freedoms as we have now ...get prepared because we're going to have the worst economic problems we've had in your lifetime or my lifetime and when that happens a lot of people are going to disappear.“…the next time aroWednesday, November 1, 2017 |
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| Deepcaster |
| Post-Election Probabilities: Opportunities And Threats |
| Regardless of who wins the U.S. Presidency, there are Key Post-Election Economic and Market Events which are highly probable.And the advance knowledge of these events will give well-informed Investors an Opportunity for Great Profit and to protect Wealth against Great Impending Threats. To understand these, consider the following overview.U.S. Jobs Growth and Corporate Earnings are both Slowing.And U.S. GDP and average hours Worked are all down-Trending as well. Indeed, the U.S. Industrial EconoFriday, October 21, 2016 |
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 | Gary Tanashian - Biwii |
| Employment, the Economy Interest Rates |
| By Gary TanashianThe February Employment report was a strong +295,000 with unemployment dropping to 5.5%. In Friday?s Market Notes update we highlighted that per BLS this was a services-driven report as the leading edge of the economy, the smaller but key manufacturing and industrial sectors, have begun to decelerate (notably in forward-looking ?New Orders?).From FloatingPath.com (markups mine) we see the breakdown?So it makes sense that ?Jobs? were strong because the large ?back end? of the USTuesday, March 10, 2015 |
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 | Andy Hoffman - Miles Franklin |
BS to the Nth Power  |
| Hopefully, readers understand just how much resource we put into the Miles Franklin Blog, both financial and human. Fortunately, we love what we do; and from a personal perspective, my work gives meaning to my life in an increasingly chaotic world. However, we cannot emphasize enough that we have a business to run; and thus, we humbly ask that if you are considering buying, selling, trading or storing precious metals, please call us at 800-822-8080 and give us a chance to earn your business.
BThursday, October 30, 2014 |
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| Andy Hoffman - Miles Franklin |
| The “End of QE” – LOL |
| In July 2012, Barrack Obama catered to the “99% on his campaign trail” – knowing full well elections are no longer about progress (let alone, “hope” or “change”) but which candidate promises the most entitlements. Two years later, with the nation in vastly worse shape both economically and financially, Hillary Clinton is doing the same, rehashing Obama’s “you didn’t build that” quote by saying, “don’t let anybody tell you it’s corporations and businesses that create jobs”; like Obama, suggestinTuesday, October 28, 2014 |
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| Graham Summer - Gains Pains & Capital |
| Stocks Are Primed For a MAJOR Correction |
| Today is the last day for a Fed POMO.
If you’re unfamiliar with this term, it stands for Permanent Open Market Operation. This is the mechanism through which the Fed pumps money from QE into the financial system. It’s also the single most important item as far as stock market rallies are concerned.
Indeed, the stock market has closely correlated the Fed’s balance sheet expansion since 2009. As the below chart shows, they are almost identical in growth.
When QE ends today, the Fed balance shMonday, October 27, 2014 |
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| Andy Hoffman - Miles Franklin |
| Manipulation, Jawboning and Prayer |
| All I can say is this. Yesterday afternoon’s “Miles Franklin All-Star Silver Panel Webinar” was an unmitigated success. Direct questions regarding silver supply, demand, mining costs, inventories, and trading with David Morgan, Harvey Organ, Steve St. Angelo, and Bill Holter enabled listeners to derive a significantly better understanding of how tight the market is – and will likely be – in the coming years. Thus, we courage that you will listen to it on the Miles Franklin Blog – and send it Friday, October 17, 2014 |
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| Deepcaster |
| Profit, Protection, Despite Cartel Interventions July, 2014 Update |
| July 2014 UpdateWeek Ending 06/27/2014Profit, Protection, Despite Cartel Interventions July, 2014 UpdateBankers parasitic behavior, the result of a cultural phase transition, is entirely characteristic of a society nearing collapse. Wealth is no longer created; it is taken from others. Parasitic behavior is not confined to bankers; it also infects high government officials, corporate executives and the elite societal stratum
.Jim Rickards, The Death of Money, June 2014A Major Goal of the inFriday, June 27, 2014 |
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| Andy Hoffman - Miles Franklin |
| 2.6 – Nuff’ Said! |
| I’m absolutely on fire this morning as today’s extremely important topic – which I conceived earlier this week, has been loudly validated by today’s “market action.” Not to mention, our contention that TPTB have in fact instituted a covert “New York Gold Pool” to buy them a wee bit more time before the inevitable collapse of the fiat currency based monetary system that facilitates their power base. Or as it will one day be viewed historically, the financial equivalent of Custer’s Last Stand.
YWednesday, May 7, 2014 |
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| Andy Hoffman - Miles Franklin |
| What It All Comes Down To |
| Today is one of those days in which nothing occurred overnight. Japan was closed for a holiday, Chinese stocks were unchanged and little transpired in the European and U.S. pre-market sessions. Regarding the latter, the PPT is hard at work ensuring the “Dow Jones Propaganda Average” rises as it nearly always does on Tuesdays, in perhaps the most blatantly obvious “sixth sigma” market intervention imaginable.
Per below, yesterday demonstrated the typical “dead ringer” trading pattern turning eqTuesday, May 6, 2014 |
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| Andy Hoffman - Miles Franklin |
| What Will It Take To Prevent A 2008 Redux |
| It’s Monday morning, and rarely do I feel so challenged in picking a single topic to write of; as the weekend’s “horrible headline” list is as long as at any time in recent memory – regarding a variety of terrifying topics from the four corners of the globe.
In Japan, for example, the economic noose is dramatically tightening – as now that its catastrophic sales tax increase has been enacted, the odds of an alreadymorbid economy taking a dramatic turn for the worse are skyrocketing. Halfway intMonday, April 7, 2014 |
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| Andy Hoffman - Miles Franklin |
| As Inevitable as Death and Taxes |
| This is one of those days when numerous items must be covered before getting to the main topic; as frankly, I haven’t seen this many “horrible headlines” since joining Miles Franklin two-and-a-half years ago. Just how dire is the global situation, you ask? Well, put it this way; the fact that all-out war appears inevitable in one of the most politically and economically sensitive geographic hotspots – i.e., the Crimean Peninsula – is not even one of my top three priorities this morning.
For thWednesday, March 12, 2014 |
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 | John Rubino - Dollar Collapse |
| Full-Spectrum War, Peak Complexity, and Real Assets |
| Not so long ago -- say when the Soviet Union was crushing rebellions in Czechoslovakia
and Hungary in the 1960s or the US was invading half the Middle East in the
2000s -- a big country picking on a small one was mostly a physical activity.
Tanks would roll in, buildings and people would be blown up, and that would
be that. The aggressor might face the occasional trade sanction from otherwise-impotent "powers," but
this was relatively painless in a world that was not yet financially orWednesday, March 5, 2014 |
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| Andy Hoffman - Miles Franklin |
| Five Pages of Misery |
| This morning, we’d love to focus on just one topic. However, as has been the case for weeks, “economic fires” are breaking out everywhere; such as those in the Ukraine, where the “U.S.-brokered” truce has broken down in less than 24 hours, yielding mass rioting, soldiers firing on citizens and collapsing currencies – such as the Olympics-hosting Russian Ruble, which fell this morning to an all-time low. But don’t worry, as Obama – in Syria-like fashion – has warned the Ukrainians not to “crossThursday, February 20, 2014 |
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| Andy Hoffman - Miles Franklin |
| Jobs Report Highlights U.S. Economic Collapse |
| This is another one of those “where do I start?” mornings; as frankly, my poor little brain is being stretched in multiple directions by the forces of lunacy.
It would be easy to commence with last night’s news that none other than Blythe Masters – head of JP Morgan’s commodities division, and chief nemesis of truth-seeking, free market advocates the world round – has been asked to join the CFTC in an advisory role. Talk about asking the fox to guard the henhouse! But then again, in today’s woSaturday, February 8, 2014 |
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| Andy Hoffman - Miles Franklin |
| That “Other” Reason to Own Gold |
| As the global economy sinks more rapidly – and irreversibly – into the abyss, we are faced with a rapidly accelerating pace of “horrible headlines” to report on. Today is no different; but in choosing my initial focus, there isn’t even a “distant second” to my winner; which, of course, is the 25% plunge in Twitter stock this morning, following an utterly horrifying earnings release.
Laughably, the “good news” was that Twitter only lost $511 million in the fourth quarter. However, what the StreThursday, February 6, 2014 |
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| Andy Hoffman - Miles Franklin |
| The Japanese Noose Is Tightening |
| I don’t think I have seen so many “horrible headlines” in one day since 2008; which is probably why TPTB are desperately trying to stabilize markets. Global equity markets were in freefall this morning; led by the collapsing Nikkei, which fell 4.2% as the “Yen Carry Trade” – i.e., the single most destructive construct in Wall Street history – continued to unwind. Whilst all other markets plunged, the PPT made sure “Dow Jones Propaganda Average” futures didn’t turn negative overnight; and as yoTuesday, February 4, 2014 |
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| Andy Hoffman - Miles Franklin |
| Physical Demand Explosion to Start 2014 |
| It may be an infamous day for the Broncos, but football is just a game; and whether a team wins the Super Bowl or comes in last place, the masses aren’t impacted a single iota. Conversely, Janet Yellen was just sworn in as Fed Chairman 20 minutes ago – it’s Monday morning at 9:20 AM EST; and I assure you, the infamy she will be associated with will reverberate across the globe – for generations.
She didn’t “start the fire,” of course (ironic, as a Billy Joel song just came on the radio); and shTuesday, February 4, 2014 |
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| Andy Hoffman - Miles Franklin |
| The Financial Cancer is No Longer Dormant |
| Sorry for the harsh title, but at the Miles Franklin Blog, our aim is not to be “politically correct,” but to protect you from the inevitable collapse of the world’s largest Ponzi scheme; i.e., the global fiat currency regime that commenced when the gold standard was abandoned in 1971. For years, we have characterized this oppressive financial regime as an incurable cancer; which unfortunately, spreads with the virility of the Ebola virus. In other words, the worst of all medical scenarios, alSaturday, January 25, 2014 |
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