Articles related to financial
 
Phoenix Capital - Gains Pains & Capital
Federal Reserve Created Bitcoin and Other Percolating Bubbles - Michael Carino, Greenwich Endeavors
The Federal Reserve’s tools for achieving its dual mandate of low inflation and full employment manipulate interest rates and therefore markets.  This manipulation of rates reverberates globally. Their manipulation historically had been more light handed and invisible to most of the public.  However, over the last decade, their impact on interest rates and yield levels have been the most dramatic in the history of the Federal Reserve.  Whenever you have policies that are extreme, it is best to
Monday, December 11, 2017
Chris Powell - GATA
Bill Murphy: Rocketing bitcoin highlights gold and silver suppression
The gold price was traumatized yesterday by the Gold Cartel's forceful raid, plunging right through important support at $1,270 all the way down to $1,260. While a technical breakdown was created, enough buyers showed up to take the price back up to a touch away from $1,270 through the early London trading hours. Efforts to break through that former support point were thwarted twice. Then it was pressure on a couple hours ahead of our Comex opening ... which took the price back down to $1,263.
Sunday, December 10, 2017
Stewart Dougherty
The War on Gold Intensifies: It Betrays the Elitists’ Panic and Augurs Their Coming Defeat (Part 2)
Dictatorship (noun): Definition #3: absolute power or authority (Websters); Def. #2: absolute, imperious or overbearing power or control (Random House);Def. #3: Absolute or despotic control or power (American Heritage);Def. #3: Absolute or supreme power or authority (Collins English Dictionary);Def. #1: A type of government where absolute sovereignty is allotted to an individual or small clique (Wikipedia).“If you know the enemy and know yourself, you need not fear the result of a hundred battle
Sunday, December 10, 2017
Phoenix Capital - Gains Pains & Capital
People Are Plowing Millions Into ‘CryptoKitties’ And Breeding Them
Content originally published at iBankCoin.com It was bound to happen... Cat people have hopped on the digital currency bandwagon and collectively plowed over $6.7 million into 'CryptoKitties' - an Ethereum-based virtual cat described as "breedable Beanie Babies," which have sold for upwards of $114,000. Each. The median price of CryptoKitties is $25.04. DIGITAL CAT BREEDING SCHEME "CryptoKitties players buy and sell unique digital kittens using ethereum. With two kittens, players can then breed
Sunday, December 10, 2017
Mish - Global Economic Analysis
An Italian Regulator's Risk-Sharing Plan to "Cure the Eurozone"
Marcello Minenna, a division head at the Italian securities regulator, emailed his plan to "Cure the Eurozone".Marcello Minenna, the head of Quantitative Analysis and Financial Innovation at Consob, the Italian securities regulator, pinged me recently with his plan to save the Eurozone. The plan requires debt guarantees with a catch: The catch is the guarantees have a price: The riskiest countries have to pony up the most for debt insurance. His thoughts are in a downloadable PDF on Curing the
Friday, December 8, 2017
Jeff Clark - Goldsilver
End of Year Reminder: Sell ETF Losses; Buy Physical Metals—No Wash Sale Rule
We know our readers invest in precious metals in various ways. One way is through ETFs. If you are one of these investors, pay taxes to the U.S., and are holding onto any positions with a loss since the time you bought, here’s a heads-up: if you act by December 31, you can capture that loss on your taxes without losing your exposure to metals.The “wash sale” rule was designed to discourage people from selling securities at a loss simply to claim a tax benefit. Section 1091 of the U.S. Tax Code d
Friday, December 8, 2017
Axel Merk - Merk Fund
Merk 2018 Oulook
Axel Merk, Merk Investments December 7, 2017  Follow @AxelMerk Tweet With the stock market and Bitcoin reaching all-time highs, what can possible go wrong? In offering my thoughts on 2018, I see my role in reminding investors to stress test their portfolios. Is your portfolio built of straw, sticks or brick? First, let me allege many investors have portfolios built of straw and sticks rather than brick. How do I kn
Friday, December 8, 2017
Alasdair Macleod - Finance and Eco.
Inflation v Deflation – State Finances
There is a general belief, and that is all it is, that state finances fare better in an inflationary environment than a deflationary one. This perception arises from the transfer of wealth from lenders to the state through a devaluation of the currency, which occurs with monetary inflation, compared with the transfer of wealth from the state to its creditors through deflation. The effect is undoubtedly true, even though it is played down by governments, but it ignores what happens to continuing
Friday, December 8, 2017
Peter Schiff - Euro Pacific Capital
Fake Tax Reform
After supposedly chomping on the bit for years to pass meaningful tax reform, Republicans are now set to blow an historic opportunity. Whatever version of the Bill that emerges from the House and Senate Conference Committee (which will be signed by President Trump faster than he can down a Filet o’Fish), will be far less than the Republicans envisioned when they finally captured the White House and both Congressional Chambers in 2016. But from what I have seen of the particulars, the revisions t
Thursday, December 7, 2017
Bullion Vault
Gold Prices Drop Thru' 2017 Uptrend, Bitcoin +1456 as 'Unseen' China Risks Build
GOLD PRICES cut this year's gain below 9% for US Dollar investors in London trade Thursday morning, dropping to new 4-month lows beneath $1255 per ounce as crypto-currency Bitcoin surged past $15,000 for a 2017 gain of 1,456%. Commodities today slipped overall after Wall Street stock markets closed lower overnight for the fourth session running from last week's new record highs. Copper steadied
Thursday, December 7, 2017
Mish - Global Economic Analysis
Australia Stock Exchange Adopts Blockchain
The Australian Securities Exchange (ASX) will replace its current clearing system with blockchain technology.Australia's chief stock market exchange will Adopt Blockchain as a means of settling trades according to ASX chief executive Dominic Stevens. This will put Australia at the forefront of innovation in financial markets," said Stevens. "After so much hype surrounding distributed ledger technology, today's announcement delivers the first meaningful proof that the technology can live up to i
Thursday, December 7, 2017
Chris Powell - GATA
Russian finance ministry suggests outlawing crypto mining
As the Russian government is working on laws to regulate virtual currencies, the country's finance ministry has proposed making their mining illegal. However, buying them will not be punishable. "The penalties will be different, mostly administrative, but if someone created the cryptocurrency for the purpose of settlements, then there will be a criminal punishment," said Deputy Finance Minister Aleksey Moiseev. Criminal penalties can also be applied to the creation of a financial pyramid or the
Thursday, December 7, 2017
Mac Slavo - ShtfPlan
  Peter Schiff Warns Of CRASH: ‘Everybody Is Going To Get Wiped Out!’
This coming crisis will hit everyone in the wallet. Money manager Peter Schiff, who accurately predicted the 2008 financial crisis, can already see the writing on the wall – and he says everyone is going to get wiped out. Schiff says that this time, gold will explode and the dollar will be wiped out. USA Watch Dog‘s Greg Hunter interviewed Schiff about the impending financial disaster we are facing. Almost ten years after the 2008 meltdown, Schiff had this to say: “I predicted a lot more than ju
Thursday, December 7, 2017
Rory Hall - Sprott Money
“Gold is Currency, Period!” - Rory Hall
Over the past couple of weeks, we have been focused on Russia and their understanding of gold and why gold is going to come back to the table of regional and/or international trade. It may even make a grand re-entrance as backing for a national currency or two. Russia, with her closest ally China, have been making headlines, in the broader financial world, for close to two years regarding their acquisitions of gold. Within the smaller gold community these two nations have been making headl
Thursday, December 7, 2017
Egon von Greyerz - Matterhorn AM
SELL CRYPTOS – BUY GOLD
During the 2006-9 financial crisis, a collapse of the global financial system was avoided by massive money printing, guarantees and allowing banks to value assets at cost rather than market, as well as a panic lowering of interest rates from as high as 6% in the US to zero or negative. Bonds issued by eight major countries currently have negative interest rates from 1 & 2 year debt for Italy up to 15 & 30 year debt for Japan, Germany and Switzerland. GLOBAL LIABILITIES OF $2 QUADRILLION Whateve
Thursday, December 7, 2017
Chris Ciovacco - Ciovacco Capital Management
Is Volume/Breadth Aligned With Bullish Case?
An August 2016 analysis outlined a long-term bullish signal for stocks that has occurred only ten other times in the last thirty-five years. If we fast forward to December 2017, is market breadth/volume aligning with or contradicting bullish data we have in hand? The chart below shows up/down volume (1996-2010) for the NYSE Composite Stock Index, along with its 50-week moving average (thick blue line). Notice how all-things-being equal, the probability of bad things happening increases when
Thursday, December 7, 2017
Phoenix Capital - Gains Pains & Capital
Bubble Watch: The Everything Bubble is Riskier and Less Liquid Than Housing
As we keep emphasizing, the world is in an Everything Bubble. In truth, it is a bubble in sovereign bonds, created by Central Banks attempting to corner these markets via ZIRP and QE. However, because sovereign bonds are the bedrock for the current fiat financial system, if they go into a bubble, EVERYTHING goes into a bubble. Why? Because if you skew the “risk-free return” of the financial system (US sovereign bonds or Treasuries) ALL risk will adjust accordingly. Case in point, consider the l
Thursday, December 7, 2017
Phoenix Capital - Gains Pains & Capital
Inflation Watch: This Popular Sector is in Serious Trouble in 2018
Tech is warning about inflation. Tech performs terribly during periods of higher inflation. If you think I’m making this up, take a look at the NASDAQ’s performance versus Gold during the last inflationary spike in 2011. Tech tanked, Gold soared. Which is why the recent very bearish breakdown in Tech is worth noting. Between this and the rise in inflationary signals in the financial system (the NY Fed's UIG, the Cleveland Fed's stick inflation, and Producer Price Indexes), it’s looking more an
Thursday, December 7, 2017
Gary Christenson - Sprott Money
Rig For Stormy Weather - Gary Christenson
What storm? The Dow Jones Industrial Average (DOW) reached another all-time high. Interest rates in the U.S. are yielding multi-decade lows, some say multi-century lows. Trillions of dollars in global sovereign debt have negative yield and European junk bonds yield less than 10 year U.S. treasuries. “Official” unemployment is low. Borrowing is inexpensive. Things are good, so they say! I Doubt It! Do you believe the above is a fair and accurate representation of our economic world? If so,
Thursday, December 7, 2017
Steve Saville - Speculative Investor
State-sponsored cryptocurrencies revisited
In a blog post earlier this week I briefly argued that “government-controlled cryptocurrency” was a contradiction in terms. It depends on what is meant by “cryptocurrency”, but now that I’ve done some more research on the subject I understand how a central bank could make use of blockchain technology and why the government would want to implement a type of cryptocurrency. My understanding of the subject was improved by reading the white paper on the “Fedcoin” published a few months ago by Yale U
Wednesday, December 6, 2017
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