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 | Frank Shostak |
| Is Money Creation Fueling the Stock Market Surge |
| Is it true that changes in money supply are an important driving force behind changes in the stock price indexes?Intuitively it makes sense to argue that an increase in the growth rate of money supply should strengthen the growth rate in stock prices.Conversely, a fall in the growth rate of money supply should slow down the growth momentum of stock prices. Some economists who follow the footsteps of the post-Keynesian (PK) school of economics have questioned the importance of money in driving stWednesday, February 21, 2018 |
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 | Andy Hoffman - Miles Franklin |
| The Right Question… |
| Last week I mentioned that my grandson Josh (Andy’s boy) was accepted at McGill University in Montreal, the University of Indiana’s business school and the University of Michigan. He is interested in pursuing a degree in business and is taking all the requisite (advanced) classes in economics.
He called me yesterday and asked me, “Which Fed Policy would be better, Quantitative Easing or Tapering and what can be done to make things better?” Geese Louise! When I was his age the only question I Wednesday, February 14, 2018 |
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| Sprott Money |
| Nothing Really Matters, Anyone Can See - Craig Hemke |
| The US labor force is rapidly shrinking. Wage
growth is non-existent. The vast majority of the American people have no
savings and little hope for economic improvement. But none of that
matters with the G-3 central banks in charge!
So today saw the latest installment of the
BLSBS. If you check your "mainstream" sources, you'll be led to believe
that everything is great and getting even better!
But look under the hood and you see that this is
all bullshit. The unemployment rate that DrudgeSunday, November 5, 2017 |
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 | Mish - Global Economic Analysis |
| Bitcoin vs Dollars: Which One is a Fraud Which One is a Ponzi Scheme |
| Jamie Dimon, JP Morgan CEO, made quite a headline splash last week when he proclaimed “Bitcoin ‘is a Fraud“.
Is Bitcoin a fraud? Or are dollars, euros, yen, and yuan a collective set of frauds? Which, if any are Ponzi schemes?
Modern Finance is the Fraud
In an article that I wish I had written myself, Viktor Shvets, head of Macquarie’s AsiaPac equity strategy, accurately explains “Modern Finance”, Not Bitcoin, Is The Real Fraud.
Paragraphs rearranged for clarity.
“Bitcoin is a sort of tulip… iFriday, September 29, 2017 |
|
 | John Butler - Goldmoney |
| The Golden Revolution, Revisited: Chapter 9 |
| This Insight continues the serial publication of the new, Revisited edition of my book, The Golden Revolution (John Wiley and Sons, 2012). (The first instalment can be found here.) The book is being published by Goldmoney and will also appear as a special series of Goldmoney Insights over the coming months. This instalment comprises the fourth chapter of Section II.View the Entire Research Piece as a PDF here.Why Financial Genius Fails, or, a Forensic Study of the 2008-09 Global Financial CrisisWednesday, September 6, 2017 |
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| Mish - Global Economic Analysis |
| Are Banks Hoarding Cash Debate Over “Free Money” Interest on Excess Reserves |
| In response to Free Money! Banks Paid $22 Billion to Not Lend? I received a comment from economist Professor George Selgin who said I do not know what I am talking about.
Selgin made similar comments about Chris Whalen, Chairman of Whalen Global Advisors LLC, in two supporting links.
I also received a Tweet from economist Professor Steve Keen who said: “Mish Nails It“.
Both viewpoints cannot be right. Let’s explore competing viewpoints on lending excess reserves, banks hoarding cash, and free mFriday, June 16, 2017 |
|
 | Deepcaster |
| PROFIT/PROTECT from Looming MEGA-RISKS |
| Mega-Risks Loom in the Next very few months and most will be realized. But for Investors properly positioned, they Provide Very Substantial Profit and Wealth Protection Opportunities. First let’s examine the Risks, then the Profit Opportunities.MEGA-RISKSChinaPerhaps the Main One will be the slowdown in growth in China, the world’s second largest economy. This Slowdown will be Caused mainly by China’s serious drive to restrain unsustainable credit growth.Indeed, credit outstanding (including toSaturday, June 10, 2017 |
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| Andy Hoffman - Miles Franklin |
| How Cryptocurrency Will Cause The End Of Central Banks-And With Them, The Gold Cartel |
| Growing up in New York, my ideal “date” was to take a girl on the Long Island Railroad into Manhattan, take a subway to Greenwich Village, and browse the hippest counter-culture stores – like Flip, the Antique Boutique, Astor Place Hair-cutters, and Tower Records. When in Tower Records, I’d often hear extremely unique music playing, and buy it on a whim – tape cassettes, not CDs. Two such records, circa 1985, were Bryan Ferry’s “Boys and Girls” and Jean-Michel Jarre’s “Oxygene” – which is why Thursday, May 25, 2017 |
|
| Sprott Money |
| Some Perspective On The Latest Commitment Of Traders Report - Craig Hemke |
| Last Friday's CoT for the Comex Metals was
rather interesting from a historical perspective. Because of this...and
because we know that not everyone listened to Friday's podcast...it
seemed appropriate to type up this written summary today.
Before we begin, it is VERY important to note
the restrictions that have been deliberately placed on this info by the
CFTC. Even though the Commitment of Traders reports are surveyed at the
Comex close each Tuesday, the CFTC purposefully waits 74 hours Tuesday, May 23, 2017 |
|
 | Clive Maund |
| STOCK LIFECYCLES and MAXIMIZING PROFITS... |
| Stocks are like living things, they are born, grow, mature, age and decline and then die, or are reborn, which reflects the fact that the companies on which they are based do likewise. This should not be so surprising since companies are comprised of people. Whole industries come and go as a result of the evolution of technology and changing fashions. A simple example of this is provided by the music industry, where first you had vinyl, then cassettes, then CDs and now the industry is moving to Monday, May 22, 2017 |
|
| Mish - Global Economic Analysis |
| BIS Blames ECB for Rising Target2 Imbalances: Fear of Default |
| In the latest BIS Quarterly Review, the BIS points a finger at the ECB for rising Target2 imbalances.
That sounds highly accusatory, but the BIS also claims this is a “benign by-product of the decentralized implementation of the asset purchase program (APP) rather than as a sign of renewed capital flight.”
I strongly disagree that any of this is “benign” unless and until someone can tell me precisely how Italy, Spain, Greece, etc., are supposed to pay back the claims.
From the BIS (this is compWednesday, March 8, 2017 |
|
 | Richard Mills - Ahead of the Herd |
| Better Earlier Cancer Detection |
| In 1882, Ralph Waldo Emerson stated; “If a man has good corn or wood, or boards, or pigs, to sell, or can make better chairs or knives, crucibles or church organs, than anybody else, you will find a broad hard-beaten road to his house, though it be in the woods.”
In 1889, Emerson was credited with having said; “If a man can write a better book, preach a better sermon, or make a better mousetrap than his neighbor ...”
Today the common phrasing is of course a metaphor about the power of innoWednesday, November 23, 2016 |
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| Richard Mills - Ahead of the Herd |
| New Standard of Care For Cancer Detection |
| Most often those who claim to have invented the better mousetrap, real or metaphorically speaking, haven’t - there just isn’t enough of a technological change to force consumers, businesses or institutions to want to, or need to, make a change. Call it incremental technology looking for a market.
The opposite end of the scale would be a change so great, a technological change so much more efficient, so much more attractive a switch is made without question – from 8-tracks to cassettes to CDsMonday, October 24, 2016 |
|
 | Ron Paul |
| Iceland Today, the US Tomorrow |
| During the 2008 economic crisis, Iceland's government froze offshore accounts
held by foreign investors in that country's currency, the krona. Recently,
the government of Iceland announced it would unfreeze the accounts if the account
holders paid a voluntary "departure tax," which could be as high as 58 percent.
Investors who choose not to pay the departure tax would have their investment
"segregated" into special funds that only invest in CDs issued by Iceland's
central bank. TheseMonday, October 17, 2016 |
|
 | Chris Vermeulen - GoldandOilGuy |
| The Next Financial Crisis Will Come from Europe! |
| A financial system stability assessment report, from the International Monetary
Fund (IMF), on one bank in Europe identified Deutsche Bank AG (NYSE: DB), as
the TOP bank that poses the greatest systemic risk to the global financial
system. Systemic risk was identified as a major contributing factor in the
'financial crisis' of 2008. This is essentially the risk of contagion by the
failure of one firm leading to failures throughout its' industry.
On February
24th I talked about DB (Wednesday, October 5, 2016 |
|
 | Mark O'Byrne - gold.ie |
| Deutsche Bank “Is Probably Insolvent” |
| by Tim PriceThis is getting to be a habit. Previous late summer holidays by this correspondent coincided with the run on Northern Rock, and subsequently with the failure of Lehman Brothers. So the final crawl towards the probable nationalisation of Deutsche Bank came as no particular surprise this year, but it is tiresome to relate nevertheless.The 2015 annual report for Deutsche Bank runs to some 448 pages, so one rather doubts if even its CEO, John Cryan, has read it all, or has a complete graTuesday, October 4, 2016 |
|
| Chris Vermeulen - GoldandOilGuy |
| Don't Bank On Rate Hikes! |
| This past Friday, June 3rd, 2016, The Bureau of Labor Statistics released
their most recent report regarding new employment data and nonfarm payroll
employment which indicates that during May of 2016, it was the smallest increase
seen in 28 months.
During May of 2016, there were 144,592,000 payroll jobs within the US, which
was up by 1.6 percent, or equivalent to 2.3 million jobs, from May of 2015
(These are all not-seasonally-adjusted numbers).
That represents the smallest year-over-yMonday, June 6, 2016 |
|
 | Bill Holter - Jsmineset |
 It's a small club ...All Roads Will Lead To Gold!  |
| For many years we have warned of the dangers of derivatives. We were laughed at leading up to the 2008 financial debacle when Lehman broke and nearly took the entire system down. That turned out to be no laughing matter and here we are again at exactly the same situation where derivatives threaten to melt the financial system again. The difference now of course is the "saving ammunition" has already been spent where sovereign treasuries and central banks have destroyed their oTuesday, May 17, 2016 |
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| Richard Mills - Ahead of the Herd |
| Mousetraps |
| In 1882, Ralph Waldo Emerson stated; “If a man has good corn or wood, or boards, or pigs, to sell, or can make better chairs or knives, crucibles or church organs, than anybody else, you will find a broad hard-beaten road to his house, though it be in the woods.”
In 1889, Emerson was credited with having said; “If a man can write a better book, preach a better sermon, or make a better mousetrap than his neighbor ...”
Today the common phrasing is of course a metaphor about the power of innoMonday, May 9, 2016 |
|
 | Dan Popescu - GoldBroker |
| Gold and the Minsky Moment |
| In a speech in 2011 to the Empire Club of Canada and the Canadian Club of Toronto, Mark Carney, then governor of the Bank of Canada and present governor of the Bank of England, speaking of the international monetary system, said that the Minsky moment had arrived. A Minsky moment is a sudden major collapse of asset values, which is part of the credit cycle or business cycle. Such moments occur because long periods of prosperity and increasing value of investments lead to increasing speculation uMonday, April 11, 2016 |
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