|
|
|
|
|
|
|
|
|
|
|
|
| RATIOS & INDEXES |
| Gold / Silver | 61.99 |
| Gold / Oil | 14.77 |
| Dowjones / Gold | 11.04 |
|
|
|
|
|
|
|
|
|
 | Editorials |  |
|
 | John Rubino - Dollar Collapse |
 Golden Bullseye  |
| One of the lessons that gold bugs are learning, in the most painful way possible,
is that you can't trade a manipulated market. When big players with regulatory
immunity can move an asset's price -- and can see resistance/support levels
and moving averages just as clearly as anyone else -- smaller traders don't
stand a chance.
In the gold-is-manipulated script, governments and their bullion bank proxies
push the price to levels where they know hedge funds and other traders have
stop-Thursday, May 16, 2013 |
|
 | Bob Hoye - Institutional Advisors |
| The Greatest Garbage Market in History |
| Australian PMI plunged 7.7 points to 36.7, which is the lowest in 4 years.
"Automakers are giving subprime buyers the most long-term loans in
at least eight years."
"Asset-backed sales linked to auto-debt are surging".
- Bloomberg, May 1
"The Market CDX North American Investment Grade Index, aSaturday, May 18, 2013 |
|
 | Richard Mills - Ahead of the Herd |
 Give It A Doubt |
| Many, many years ago during a lengthy argument with a friend he told me to ‘give it a doubt’ – he meant I was wrong.
The herd is convinced the commodities boom is over. Doom and gloom, the sky is falling, the bears argument sounds convincing - growth has stopped, economies are slowing. Looking at the TSX.V’s performance (most of the world’s minSaturday, May 18, 2013 |
|
 | Chris Martenson |
| Four Signs That We're Back in Dangerous Bubble Territory |
| As the global equity and bond markets grind ever higher, abundant signs exist that we are once again living through an asset bubble – or rather a whole series of bubbles in a variety of markets. This makes this period quite interesting, but also quite dangerous.
With equity and bond markets at or near all-time record highs, with all financial assets consistently shrugging off bad – or worse – news as the riskiest of assets continue to find consistent upward bids, we find ourselves in familiar anThursday, May 23, 2013 |
|
| John Rubino - Dollar Collapse |
| Preparing For Deflation |
| Signs of a slowdown are spreading. Here in the US, despite all the happy talk
about rising stock prices and falling deficits and the imminent unwinding of
the Fed's debt-monetization program, today's numbers were ominous:
Producer
prices post big drop, factory activity weak
(Reuters) - U.S. producer prices recorded their largest drop in three years
in April as gasoline and food costs tumbled, pointing to weak inflation pressures
that should give the Federal Reserve latitWednesday, May 15, 2013 |
|
| John Rubino - Dollar Collapse |
| Velocity of Money and the Crack-Up Boom |
| Based on both recent history and mainstream economic theory the past few years
should not have been possible. When you cut interest rates to near-zero, run
deficits of 10% of GDP and buy up every government bond in sight with newly
created currency, you get a boom, end of story. That's just the way capitalism
works.
But this time was different. After four years of QE and ZIRP and all the other
easy-money acronyms, we entered the month of May with Europe in a deepening
recessionSunday, May 19, 2013 |
|
 | Peter Schiff - Euro Pacific Capital |
The Biggest Loser Wins  |
| While the world's economies jockey one another for the lead in the currency devaluation derby, it's worth considering the value of the prize they are seeking. They believe a weak currency opens the door to trade dominance, by allowing manufacturers to undercut foreign rivals, and to economic growth, by fighting deflation. On the other side of the coin, they believe a strong currency is an economic albatross that leads to stagnation. But the demonstrable effects of currency strength and weaknessFriday, May 24, 2013 |
|
|
| John Rubino - Dollar Collapse |
| Welcome to the Currency War, Part 9: What's Wrong With These Picture |
| Japan's currency devaluation has worked beautifully. The yen is plunging,
Japanese stocks are soaring, and the current account surplus -- the main measure
of a country's ability to trade effectively -- is way up:
Japan
Current-Account Surplus Climbs as Abenomics Sinks Yen
Japan's current-account surplus rose in March to the highest level in a
year as a depreciating yen boosted repatriated earnings and brightened
the outlook for the nation's exports. The exTuesday, May 14, 2013 |
|
 | Axel Merk - Merk Fund |
| Crash Proof Your Portfolio |
| With the stock market seemingly reaching new highs every day, should we worry about a crash that puts an end to the party? If so, how should investors prepare? Let us explain. Golden canaries in the coalmine?In the 1980s, portfolio insurance was all the rage. The idea was that one could always buy stocks, as derivatives could protect one's portfolio on the downside. However, things turned from bad to worse in 1987 when the linkage between stocks and commoditiesWednesday, May 22, 2013 |
|
 | Michael Pento - Delta Global Advisors |
| Why Tepper Should Fear the Taper |
| Billionaire hedge fund manager, David Tepper, made news this week when he
emphatically stated that investors have nothing at all to fear regarding the
eventual tapering off of Fed's $85 billion worth of monthly debt monetization.
His assertions were based on the fact that our annual deficit is shrinking
and would thus require less of Bernanke's money printing.
Besides the fact that the deficit for fiscal 2013 will still be about $500
billion higher than it was before the Great RecThursday, May 23, 2013 |
|
 | Captain Hook - Treasure Chest |
| Battlefield Earth |
| No, this has nothing to do with the sci-fi movie. It has everything to do with real life however; life closer to home, because we are living in an increasingly hostile environment characterized by both increasingly difficult and dangerous times. The wars - wars on multiple levels - are coming closer and closer to home every day. And slowly but surely - one by one - increasing numbers of people are beginning to see it because it's starting to materially affect their lives. They are coming to theMonday, May 13, 2013 |
|
 | Gary Dorsch - SirChartsAlot |
| How High can the US$ Fly versus Japan's Yen? |
| The Wise Sages of Ancient days used to say, "The fate of a Liar, is that nobody
believes him, - even when he's speaking the truth!" Such is the predicament
of Japan's propaganda artists, including the Prime Minister, the Finance minister,
and central bank chief, who are all trying to cover-up their boldest scheme
yet, to crush the value of the Japanese yen, against the currencies of its
major trading partners. On May 11th, the finance chiefs of the Group of Seven
(G-7) gave Tokyo theSaturday, May 18, 2013 |
|
|
 | Ron Paul |
 What No One Wants to Hear About Benghazi |
| Congressional hearings, White House damage control, endless op-eds, accusations,
and defensive denials. Controversy over the events in Benghazi last September
took center stage in Washington and elsewhere last week. However, the whole
discussion is again more of a sideshow. Each side seeks to score political
points instead of asking the real questions about the attack on the US facility,
which resulted in the death of US Ambassador Chris Stevens and three other
Americans.
RepubMonday, May 13, 2013 |
|
| John Rubino - Dollar Collapse |
| One More Drop, Then Silver Back Above $25 |
| In this week's Q & A, National Numismatics' Tom Cloud updates his near-term
precious metals price targets and explains why silver will rise faster than
gold once the bottom is in.
DollarCollapse: Hi Tom. Last
time we talked you said that your charts put the worst case scenario
for a gold correction at $1,380. Within two weeks it got there. Nice, if
painful, call.
Tom Cloud: It actually got down to $1,328 mid-day, and silver fell
to $22.68, which was right at the low point of ouWednesday, May 08, 2013 |
|
 | Steve Saville - Speculative Investor |
Falling Prices Are Natural  |
| The following isexcerpted from a commentary originally posted at www.speculative-investor.com on 16thMay 2013.The USgovernment usually admits to "price inflation" of about 2%/year. Asfar as we can tell, the actual rate is probably at least 5%/year, but no morethan 7%/year. Let's say 5%/year for the sake of argument. Considering what theFed has been doing on the monetary front, 5%/year still seems low. It'scertainly a long way from the hyperinflation that some gold and commodity bullsexpected toWednesday, May 22, 2013 |
|
 | Doug Casey - Casey Research |
| Doug Casey’s Primer on Internationalization |
| As many of you may know, International Man has its roots in the book of the same name. It was first published in 1978 by best-selling author, speculator, and renowned world-traveler Doug Casey.
The original intent of that book was to give readers a general sense of the exciting and opportunity-rich world that lay outside of their national borders, with a review of over 100 countries, valuable "opportunity intelligence," and the resources that anyone could follow to realize these opportunities.Thursday, May 23, 2013 |
|
 | Jon Matonis - The Monetary Future |
| The Elephant In The Payments Room |
| By Jon Matonis
American Banker
Monday, April 29, 2013
http://www.americanbanker.com/bankthink/the-elephant-in-the-payments-room-bitcoin-1058703-1.html
The payments industry has been ripe for disruption for as long as I
can remember. Historically conservative and non-experimental, banking
and financial services always appear to be the laggard for any new
technology. But none of that has stopped recent innovators from pursuing
things like Square, Stripe, Dwolla, FaceCash, ZooZ, Affirm, MangTuesday, May 14, 2013 |
|
|
|
|
 | Peter McKenzie-Brown - Language Instinct |
| Lucky Guy |
| Ralph Klein had a knack for being in the right place at the right time – especially for the oilsands
This article appears in the June issue of Oilsands Review
By
Peter McKenzie-Brown
Former Premier Ralph Klein’s death at the end of
March was greeted quite differently from that of Peter Lougheed, who had also
been premier and had died six months earlier. Lougheed was seen as an elder
statesman, and his passing was mourned across Canada. The mourning that
followed Klein’s death – caWednesday, May 15, 2013 |
|
|
|
 | Frank Shostak |
| Drowning in a Liquidity Trap? |
| Bruce Bartlett recently lamented in The New York Times that given the current state of economic affairs we need more Keynesian medicine to fix the
US economy. According to Bartlett, the core insight of Keynesian economics is that there are very special economic circumstances in which the general rules
of economics don’t apply and are in fact counterproductive. This happens when interest rates and inflation rates are so low that monetary policy becomes
impotent; an increase in the money supply haSaturday, May 25, 2013 |
|
|
|
|
| Michael Pento - Delta Global Advisors |
| Bubbles Inflating Faster Than GDP |
| Global central banks have clearly demonstrated the ability to re-inflate stock
and real estate bubbles. Global stock markets are roaring ahead of their economies
and real estate prices are quickly rebounding from their recent collapse. However,
rock-bottom interest rates and massive money printing have yet to show an aptitude
for creating sustainable GDP growth.
There has been a lot of talk about a rebound in the equity and real estate
markets helped along by the Fed's free money. ThatMonday, May 13, 2013 |
|
|
|
|
|
|