| |
 | 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 |
|
| 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 |
|
 | The Gold Report |
| How Savvy Investors Use Sentiment to Make Fortunes |
| Bob Moriarty of 321Gold explores how sentiment affects trading in the precious metals markets, and discusses a new service that can help investors gauge sentiment.
I saw a correction in the metals coming as early as August. I wrote a piece early in the month I called Money Always Moves from Weak Hands into Strong Hands. I was both right and wrong. Yes, we were going to have a correction in gold and silver but I missed the top by three weeks. If I had knoTuesday, January 3, 2017 |
|
| Alasdair Macleod - Finance and Eco. |
| The vexed question of the dollar |
| There is little doubt that the rapid expansion of both dollar-denominated debt and monetary quantities since the financial crisis will lead us into a currency crisis.We just don’t know when, and the dollar is not alone. All the major paper currencies have been massively inflated in recent years. With the dollar acting as the world’s reserve currency, where the dollar goes, so do all the other fiat monies. Until that cataclysmic event, we watch currencies behave in increasingly unexpected, seeminThursday, October 27, 2016 |
|
 | 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 |
|
 | 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 |
|
 | Chris Powell - GATA |
| Jim Sinclair: Popular delusions and the madness of the crowd |
| By Jim Sinclair
JSMineSet.com
Monday, July 14, 2014
Manipulation such as the sale of $1.3 billion worth of paper gold at an illiquid time today is not to protect the dollar or bull the general equity market. It is to make money for the manipulators that want to cover their shorts here and begin to expand their long positions. That sale was a pure construct as there was no news to sustain the sell or to initiate it in the time span of its occurrence. ...
... For the full commentary:
http://www.jsTuesday, July 15, 2014 |
|
 | 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 |
|
 | 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 |
|
 | Tim Iacono - Iacono Research |
| Black Friday – A Good Day to Stay Home |
| I think I’ll find some project around the house to keep me busy today rather than venturing out into the sea of Christmas shoppers at one of the nation’s giant retail outlets.
Maybe Costco and the UPS Store would be safe places to visit today … they probably don’t experience much of “the madness of crowds”, a phenomenon not to be confused with what is occurring on Wall Street these days that might someday be chronicled in an update to the classic tome Extraordinary Popular Delusions and the MadFriday, November 29, 2013 |
|
| Rick Ackerman |
| Snapchat Takes Greed to Awesome New Heights |
| In last week’s commentary, we opined that Twitter’s shamelessly overhyped IPO was the bell that’s supposed to ring when the stock market is at a major top. But that was before we’d heard of Evan Spiegel, a 29-year-old Stanford dropout who has single-handedly one-upped Twitter in three separate categories: greed, hubris and stupidity. It’s not what Spiegel did, but rather what he didn’t do, that tells us that stock-market mania may be at an epochal high. In case you missed the story, which ranMonday, November 18, 2013 |
|
| 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 |
|
 | David Galland - Casey Research |
| What We Now Know |
| It is said that death and taxation are the only certainties in life.Expanding on that list, however, we also know there are "physical laws" derived from extensive observations, in some cases dating back to antiquity. For example, sticking fingers in fires will result in unpleasantness.Then there is the realm of what one might call "common knowledge." For example, the historical record makes it appear certain that, universally, power corrupts the human mind, and the greater the powerSaturday, February 2, 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 |
|
 | Adrian Ash - Bullion Vault |
| Buying a Hairway to Steven with Gold |
|
It's now 6 months since gold hit its current all-time high.How long 'til the next...?
Thanks to hindsight, the bull market in gold which followed Richard Nixon unpegging the US Dollar, and therefore the rest of the world, from its last pretence of a Gold Standard sounds as inevitable today as Jimmy Page's solo in Stairway to Heaven, also a 1971 classic.Thursday, March 15, 2012 |
|
| Gold - Bullion Vault |
| Buying a Hairway to Steven with Gold |
| Thursday, March 15, 2012 |
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