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Bitcoin Cash: $ USD
Citibank's Global Chief Economist Willem Buiter is another in a line of economic idiots (sorry, but no other word is more accurate) who call for abolishing cash and taxing deposits.
Just days after Russia lifted sanctions on providing anti-aircraft missiles to Iran, Reuters reports that The Greeks are in talks with Russia to purchase missiles for the S-300 defense system.
Promotes Yuan In Investment Bank
Just as we warned previously (here, here, and here), the knife-catching, contango-crushed, BTFDers that piled over $6bn into Oil ETFs have severely underperformed this year.
The International Monetary Fund, citing the consequences of a strong dollar, is downgrading its outlook for the U.S. economy but raising its forecast for Europe and Japan.
Worst Case Scenario: Total Chaos… Followed By An International Intervention To "Save Us" From Ourselves
The company behind the consensus network and currency, Ripple, has announced a new office in Sydney, Australia as part of a push further into the large Asian and Pacific markets.
By now, the QE narrative is abundantly clear and it's no longer just the "permabears," conspiracy theorists, and "fringe" bloggers who understand it.
By now, the QE narrative is abundantly clear and it's no longer just the "permabears," conspiracy theorists, and "fringe" bloggers who understand it.
"Always, always, always the Sun." – The Stranglers (1986)
They were jawing again this morning about the low "natural rate" of interest on bubble vision, implying that the workers of the world have succumbed to an atavistic fit of wild-eyed thrift.
Here's an article that came my way from reader Robert who lives in Australia.
Earth shaking words from a giant on Wall Street.
Editor's Note: The demise of the dollar on the world stage has been prepared behind the scenes for sometime now, and floated in the media for several years.
Negative 10-Year Yield on Swiss Bonds, Mexico Sells 100-Year Bonds Denominated in Euros; Are 1000-Year Bonds Next?
The world has truly gone mad.
When even Jamie Dimon warns that "another crisis is coming", and points to the utter lack of market liquidity and the likelihood of another flash crash, it probably means that not only has he been reading this website, but that JPM's chief prop tradi
ET Now: You have said that one should always bet on mega trends, bet on the big picture. So what are the three mega trends for this decade?
Commodities guru Jim Rogers has his eyes on Russia. And he likes what he sees. What he sees is a stable currency, a very strong central bank, and oil prices that have seemingly hit the floor.
IMF Payment Sends Greek Yields Lower; Athens Warns "Next Month Is A Different Matter"
A deal is being made between all central banks worldwide, and all our social, political and economic institutions are affected.
Despite being an otherwise staid, traditional news service, the professional banking division of the Financial Times recently released an utterly scathing assessment of the British economy.
Kremlin could provide cash-strapped Greeks a credit line and discounted energy supplies as Alexis Tsipras meets with Putin
Every three months, the mainstream media participate in a ridiculous charade: interpreting the quarterly announcements from the Federal Reserve Board of Governors.
Late yesterday, the US and Iran reached a framework agreement on a nuclear deal.
Somehow, like it or not, the world turns. Today's hegemon becomes tomorrow'salso-ran.
With almost 70% of Europeans already believing that Greece is a drag on the EU economy, this morning's statement by Greek Alternate Finance Minister Dimitris Mardas...
If Larry Summers were a country, he would have joined the Asian Infrastructure Investment Bank.
German gold repatriation begun in 2013, continues.
A Global Financial Reset Is Coming: 'A Deal Is Being Made Between All The Central Banks'
