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| RATIOS & INDEXES |
| Gold / Silver | 61.99 |
| Gold / Oil | 14.77 |
| Dowjones / Gold | 11.04 |
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 | Articles related to TBTF |  |
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 | Jesse - Le Café Américain |
| Gold and Silver Futures Hourly Charts - Sharks With Laser Beams |
| There is not much doubt in my mind that the antics we saw in the silver, and to a lesser extent gold, markets last night were a classic hit and run, Dr. Evil market play.
It is not particularly sophisticated, more like a brazen street con, or a smash and grab. But it does require a complacent regulatory environment, and a certain regard for fellow insiders who are in a position to see what has happened and raise objections with regulators and the exchanges.
One hits a quiet market with a veryMonday, May 20, 2013 |
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| Jesse - Le Café Américain |
| The Bullish Case For Stocks (and a Commensurate 'Repricing of Risks' Caused By Fed Intervention) |
| Here is the 'bullish case for stocks' from Ralph Dillon at Global Financial Data, in quotes below. The chart is also from their site.
Calculating the Equity Risk Premium Tutorial is here.
Those of us who stood by and watched the Fed blow asset bubbles in financial paper and the housing market from 2003 to 2007, after the bubble in tech stocks from 1998 to 2001, are understandably appalled that the Fed has seen fit to follow essentially the same game plan again, matched by a lack of reform inTuesday, May 14, 2013 |
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| Jesse - Le Café Américain |
| Currency Wars: Russia's Proposal for the Post-Bretton Woods II Global Financial System |
| "The great enemy of clear language is insincerity. When there is a gap between one's real and one's declared aims, one turns as it were instinctively to long words and exhausted idioms, like a cuttlefish spurting out ink.
In our age there is no such thing as 'keeping out of politics'. All issues are political issues, and politics itself is a mass of lies, evasions, folly, hatred, and schizophrenia.
When the general atmosphere is bad, language must suffer."
Eric Arthur Blair
The dollar reseTuesday, May 14, 2013 |
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| Jesse - Le Café Américain |
How the Gold Market Was Crashed - But Most Importantly, Why? Leveraged Default? And Si  |
| Many are still sorting through the data to try and figure out what happened, but it is hard to look at the available data and the market action and conclude that the recent 'flash crash' in gold was anything but a calculated takedown.
Some big players had been trying to work the market price of bullion down in stair step fashion for some time. Their tracks on the tape were big enough to be hard to miss, and any number of people who watch the market structure as it develops were seeing them,Sunday, April 21, 2013 |
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| Jesse - Le Café Américain |
How the Gold Market Was Crashed - But Most Importantly, Why? - The Cover Up  |
| Many of us are still sorting through the data to try and figure out what happened, but there was always little doubt in my mind that the recent 'flash crash' in gold was anything but a calculated takedown.
They had been trying to work the price down in stairstep fashion for quite some time. But it just wasn't enough. The pressures were building, and something had to be done. A plan for a market operation was made, and then executed. The word was quietly spread so the important monied inteThursday, April 18, 2013 |
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| Jesse - Le Café Américain |
| Are All G20 Bank Depositors Exposed to a Cyprus Style Seizure of Deposits for a 'Bail-in |
| Dave from Golden Truth has let me know of an interesting quote from an article by Eric Sprott titled Caveat Depositor which *could* explain why countries like New Zealand and Canada are quietly tilting towards seizing bank deposits to recapitalize failed banks.
"If there is a risk in a bank, our first question should be: ‘Ok, what are you the bank going to do about that? What can you do to recapitalise yourself?’ If the bank can’t do it, then we’ll talk to the shareholders and the bondholders.Saturday, April 13, 2013 |
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 | James Howard Kunstler |
 That Dreadful Day |
| For the moment, the trend seems pretty clear. Money from far and wide rushes into the US stock markets because every other conceivable place to stash money produces no return, no interest, no increase, at a time when the value of central bank currencies is slip-slidin' somewhere south of Palookaville. The rush into equities gooses equities increasing the rush, goosing the goose. Consider, however, that trends by their nature must last longer than the moment to be trends in the first place. One tMonday, April 08, 2013 |
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 | Ranting Andy - Andy Hoffman |
| Duration Trap |
| The MSM NEVER discusses the basic fundamentals of finance; which, if they did, would demonstrate EXACTLY how dire the GLOBAL FINANCIAL SYSTEM’s outlook is. One such basic concept is “duration” – the ‘average yield-to-maturity’ of a fixed income portfolio; or, in layman’s terms, years to maturity.
The more years one is exposed to a FIXED coupon, the more their vulnerability to INFLATION. Thus, long-term – HIGH DURATION – bonds tend to be far more volatile than short-term – LOW DURATION – bonds;Thursday, April 04, 2013 |
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| Jesse - Le Café Américain |
 The Fed Is Printing Money, But Where Is It Going? They Know But Will Not Say |
| [Robert McTeer] worked for the Federal Reserve for 36 years, including as president of the Federal Reserve Bank of Dallas from 1991–2005, where he was known for his plain, jargon-free public speaking and telling stories about growing up in rural Georgia. He has stated that one of his goals was "to translate economic sense into common sense".
As a member of the Federal Open Market Committee on the Federal Reserve, he was considered "dovish" on inflation and was one of the most consistent opponenWednesday, March 27, 2013 |
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| James Howard Kunstler |
 Fortress of Lies |
| History has a special purgatory where it sometimes stashes feckless nations punch drunk on their own tragic choices: the realm where anything goes, nothing matters, and nobody cares. We've surely crossed the frontier into that bad place in these days of dwindling winter, 2013. Case in point: Mr. Obama's choice of Mary Jo White to run the Securities and Exchange Commission. A federal prosecutor back in the Clinton years, Ms. White eventually spun through the revolving door onto the payroll ofTuesday, March 12, 2013 |
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| Jesse - Le Café Américain |
| The New York Fed's Primary Dealers, Liquidity, Monetary Policy, and Excess Reserves in T |
| Someone asked me about Primary Dealers today. I think it was in regard to liquidity concerns.
Cutting to the punchline, however one wishes to characterize and attribute it, the financial system is once again over-leveraged, over-concentrated, fraught with interconnected with counterparty risk, and fragile.
This is because of the policy failure of the Treasury and the Fed which could be characterized as extend and pretend without engaging in significant reforms and law enforcement in the aftSaturday, February 23, 2013 |
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 | Mac Slavo - ShtfPlan |
| Gold and Silver Update: “Have the Courage of Your Convictions and Hold Fast” |
| The last couple of weeks have seen stock markets bounce around inexplicably and reach new highs, all in the midst of an economy that is, once again, about to buckle.
Likewise, during this time period we’ve seen the price of gold and silver fluctuate significantly, primarily to the downside.
This has left many holders of these metals, as well as potential investors, quite nervous.
Is this the end of gold’s decade-long run?
Hardly.
Despite media claims to the contrary, there is no gold bubble (yetThursday, February 21, 2013 |
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 | Chris Powell - GATA |
| Adam Taggart: Gold's regular morning mugging |
| Adam Taggart, colleague of market analyst Chris Martenson at the Peak Prosperity Internet site, today notes with some wonderfully annotated charts what he calls "Gold's Regular Morning Mugging" on the New York Commodities Exchange.
Of course this mugging was noted long ago by GATA consultant Dimitri Speck and the late GATA board member Adrian Douglas, who found that despite its great run up over the last decade gold almost always has gone down during Western market hours --
http://www.gata.orgWednesday, February 20, 2013 |
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 | Mish - Global Economic Analysis |
| Fed Governor Proposes Reorganizing Banks Deemed "Too Big to Fail" |
| The Chicago Tribune reports Fed's Fisher: Reorganize banks that are "too big to fail"
U.S. authorities should reorganize the country's largest banks to protect against the risk of institutions that are "too big to fail" and that would saddle ordinary Americans with the cost of a bailout the next time they get in trouble, a senior Federal Reserve official said on Wednesday.
"We recommend that TBTF (too-big-to-fail) financial institutions be restructured into multiple business entities," RicharMonday, January 21, 2013 |
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| Jesse - Jesse's Cafe |
| HSBC Management's Criminal Activity Above the Law: Justice for Some |
| "Now at this time of peril to your class and to your tribunal, when men are ready to attempt by speeches, and by the proposal of new laws, to increase the existing unpopularity of the senate, CaiusVerres has been brought to trial as a criminal, a man condemned in the opinion of every one by his life and actions, but acquitted because of the enormousness of his wealth.Wednesday, December 19, 2012 |
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| Jesse |
| Thoughts on the Anniversary of the Crash of 1987 |
| Today is the anniversary of the Crash of '87. As I recall it occurred on a 'Black Monday' after a 'Blue Friday' in which the DJIA lost 100 points for the first time I believe. The markets were wobbly.
It is hard to remember exactly what happened in the market that day except in the retrospect in which I have studied it in detail.Saturday, October 20, 2012 |
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| Ranting Andy - Andy Hoffman |
| Well, Which is it? |
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I am EXTRAORDINARILY busy today, between my morning and afternoon RANTS, our Webinar, numerous conference calls, and even my HOA Board meeting tonight (I’m the President).Thus, I have little time to write my RANT topic this afternoon.
Thankfully, the topic requires little introduction – or commentary – stating the EXACT viewpoint I have given for the past year.Wednesday, August 22, 2012 |
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