Bank of Japan Buying Over 100% of Japanese Bond Issuance; Steen Jakobsen Expects "FantasyLand Will Give Way to RealityLand".
In one of the bluntest statements on the topic by any globalist thus far, controversial German Finance Minister Wolfgang Schäuble openly called for "global standards" and "global governance" in taxation to ensure that governments can continu
Turns out the book and movie may be an economic fairy tale about America in the late 1800s – and gold. Produced by Sara Silverstein.
You can jot down Halloween 2014 in your calendar, and it's unfortunately too tragic to make proper use of the irony involved, as the day Japan committed suicide.
Every other Wednesday or so, Chris Martenson and I get together for a podcast. Sometimes one of us or the other is out of town, and sometimes Chris has other guest speakers.
The 2022 Olympics (i.e., the Winter Games) is now down to only two applicant nations: China and Kazakhstan. This follows the withdrawal of Norway after the taxpayers of Norway balked on ponying up the cash necessary to make the Olympics a playground
The casual reader of The New York Times may be forgiven for thinking he or she had dozed off and awakened in a John le Carré novel.
Alan Greenspan: QE Failed To Help The Economy, The Unwind Will Be Painful, "Buy Gold"
No negative rates for the putative Bancor... Keynes must surely be rotating in his grave.
Since the economic collapse a few years ago, the primary policy initiative for the Federal Reserve and central banks all over the world has been to print, reduce interest rates to near zero and provide cheap money to stock markets.
"Buy on the rumor. Sell on the news." Once again, the old slogan has worked.
El-Erian: "Europe Is One or Two Rounds of Sanctions From Recession"; El-Erian Far Too Optimistic.
It is widely expected that the Federal Reserve is going to announce the end of quantitative easing this week.
Copper prices are surging this morning (in the face of Goldman's recent warnings of a plunge), jumping 4 handles apparently on the heels of a WSJ story in which LME admits that a single buyer has snapped up more than half the copper held in London Me
Standard & Poor's has affirmed Russia's sovereign credit rating of BBB- on Friday, one notch above junk status, but kept it on negative outlook as the country remains constrained by western sanctions.
European Service Prices Plunge at Steepest Rate Since January 2010; Reflections on Keynesian Stupidity.
There's some interesting discussion points in the UK-based Absolute Return Partners October 2014 Letter, by Niels C. Jensen, most of which I agree with, others not.
I predicted in this essay that if Congress became concerned enough about these incentives, it would eliminate the federal tax exemptions on income that derives from Puerto Rican sources for individuals who relocate. I think there's at least a 90% l
Technology allows us to give cash directly to the poorest people on the planet. Should we do it? In this thought-provoking talk, veteran aid worker Joy Sun explores two ways to help the poor.
It appears some of the 'fundamental' legs of the face-ripping ramp in stocks are fading. Broken Markets - nope; Fed Speakers - nope (blackout period); Crude rising - nope (WTI back under $81)
Silver demand hit record levels in 2013 as the prices dropped. The trend continues in 2014.
Saxo Bank CIO Jakobsen Predicts Another "Shock Drop" in Markets; Addicted to Cheap Money.
In an article in the UK's Telegraph on October 10, veteran economic correspondent Ambrose Evans-Pritchard laid bare the essential truth of the nearly universal current embrace of inflation as an economic panacea.
The first poll of how the Swiss people will vote in the "Save Our Swiss Gold" initiative on November 30th shows that the Swiss are leaning towards voting for the pro-gold initiative.
To say that the U.S. economy is in trouble would be an understatement. According to Shadow Stats economist John Williams, we may be on the very cusp of a crisis so severe that it promises to re-write the entire paradigm.
A very interesting stage in the economic meltdown since 2007 is unfold quietly beneath the headlines.
Draghi, we have a problem.
Will Repay Billions to Gazprom
To get a sense of just how chaotic, unprepared, confused and in a word, clueless the ECB is about just its "private QE", aka purchases of ABS, which should begin in the "next few days" (but certainly don't hold your breath) - let alone the monetizati