Silver as an investment

Category Archives: Bank Lending Survey

ZeroHedge: Markets In TurmOIL: Futures Plunge, Japan Enters Bear Market, Crude And Commodity Currencies Crash

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. It all started early last night when the front month oil contract dipped below $28 giving a taste of what was to come. It was all downhill from there. First Chinese stocks ended the recent ramp higher, with the Shanghai […]

Markets On Hold Awaiting The Fed’s Non-Announcement As Central Banks Ramp Up Currency Wars

We would say today’s main event is the culmination of the Fed’s two-day meeting and the announcement slated for 2 pm this afternoon, however with the 90 economists polled by Bloomberg all expecting no rate hike, today’s Fed decision also happens to be the least anticipated in years (which may be just the time for […]

Futures Firm On Hope Draghi Will Give Green Light To BTFD

After yesterday’s dramatic late day market rout catalyzed by the tumble in the biotech sector in general, and Valeant in particular, and foreseen in its entirety by Gartman who went bullish just hours before, this morning US equity futures and European stocks have recouped some losses on the recursive, and traditional, hope that Mario Draghi […]

It’s Back To The Future As Stocks, Futures Jump On The Latest Abysmal Economic News; China Tremors Return

26 years ago, today was envisioned as day when cars flew, holographic movies were box office hits, hoverboards roamed, and people were fired by fax. None of the happened – except maybe the fax thing when people still used those some 20 years ago. Instead the only “back to the future” moment this morning is […]

Futures Halt Three-Day Rally, Drop On Energy Weakness, IBM Earnings

After yesterday’s closing ramp “prudently” just ahead of an abysmal IBM earnings report with the lowest revenues since 2002, and the latest rally in capital markets which sent European stocks to their highest level since August on the back of a barrage of global bad data which has unleashed the Pavlovian liquidity dogs screaming for […]

Mario Draghi’s “Keep Calm & Q€ On” ECB Press Conference – Live Feed

We suggest ECB President Mario Draghi has his work cut out for him today. As the entirely political catalyst for Greece’s crescendo-like bailout capitulation, he will – we hope – be questioned long and hard on his actions over the last 2 weeks (and going forward) with regard the increasingly 3rd world nation. As Bloomberg’s […]

Chinese Stock Plunge Resumes With 1200 Stocks Halted Limit Down; Yellen, Greek Elections On Deck

Just when the Chinese plunge protection team (and “arrest shortie” task force) seemed to be finally getting “malicious selling” under control, first we saw a crack yesterday when the composite broke the surge of the past three days as a result of yet another spike in margin debt funded purchases, but it was last night’s […]

Futures Slump As Asian Stock Bubble Calls A Timeout

Judging by the recent action in equity futures, the continuously rangebound US market since the end of QE may be entering its latest downphase, catalyzed to a big extent by the recent strength in the JPY (the EURJPY traded down to 2 year lows overnight), especially following yesterday’s not one but two statements by Abe […]

ZeroHedge: What to Look for in the Week Ahead

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Reasonable people can debate some of the details, but there was little doubt that last week’s big event, the ECB’s asset purchases, were widely anticipated.  Nevertheless, what is striking is the repeated surprises by officials over the past several months.  […]

ZeroHedge: Dollar’s Next Leg Up

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. The US dollar had a good week to close out October.  It was bolstered to new highs against the euro and yen.  It is driven by both positive developments in the US and negative developments in Europe and Japan.   […]