Silver as an investment

Category Archives: BOJ

Bank Of Japan Leaves Policy Unchanged As Expected – Admits “Inflation Weakening”

As expected, The Bank of Japan left all of its various machinations of monetary policy unchanged with Kataoka the lone dissenter (preferring a more aggressive stance of yield curve control). The key line in the statement appears to be “inflation expectations have remained in a weakening phase,” which is the enabling narrative of lower and […]

A Gift From The Oldies

By Chris at www.CapitalistExploits.at I bumped into a friendly bloke at my local gym last week. Jim is his name. Jim tells me he just started because, and I quote, “my doctor says I’m going to die unless I do something”. Now, I assure you it doesn’t take a doctor to figure this out. One glance in […]

Why Deutsche Thinks 2017 “Was The Most Boring Year Ever”

As part of the macro forecast in his just released 2018 Credit Outlook (more on that in a subsequent post), DB’s Jim Reid first looks back at the almost concluded 2017 and muses that “whichever way you cut it, it’s likely that 2017 will go down as one of, if not the least, volatile year […]

Gold and Yen at Key Inflection Points; Watch for Possible Breakdown

financialsense.com / CHRIS PUPLAVA / 10/06/2017 Key trend changes in the yen have a close correlation with major moves in the price of gold Both yen and gold are at another major inflection point Diverging monetary policy between the Fed and BOJ suggest next move is to the downside Background: Moves in the Japanese yen have been a […]

SDR: The New Global Currency

By Chris at www.CapitalistExploits.at Bollocks! Hi there, I’ve been hearing a lot from private bankers lately (they’re always trying to flog you product), though the topic being discussed amongst themselves is that of the SDR going mainstream, and they’ve been asking my opinion. We don’t have to look far to understand why. End of the US […]

“Mystery” Central Bank Buyer Revealed: SNB Now Owns A Record $84 Billion In US Stocks

zerohedge.com / by Tyler Durden / Aug 9, 2017 11:13 AM In the second quarter of the year, one in which unlike in Q1 fund flows showed a persistent and perplexing outflow from US stocks and into European and Emerging Markets, a trading desk rumor emerged that even as institutional traders dumped stocks and retail investors piled into ETFs, […]

WTF Headline Of The Day: Fed “Reluctant” To Manipulate Stocks, Bullard Says

Speaking on Bloomberg Radio to Kathleen Hays this morning, outspoken St.Louis Fed chair James Bullard dropped two somewhat shocking reality-check tape-bombs… that we are sure will quickly be rescinded and translated for the hard-of-understanding… First, Bullard was aksed about concerns over a US economic recession. He began with the 'standard' response of any establishment type: […]

What Happened While US was Celebrating Independence

marctomarket.com / by Marc Chandler / Jul 4, 2017    US markets were closed on July 4.  Asian and European equities moved lower as did most bond yields.  The MSCI Asia Pacific Index fell a third of one percent.  It was the third consecutive losing session and five in the past six.  European markets were mostly lower, and the Dow […]

Matt King Is Back With A Dire Warning: “A Significant Un-balancing Is Coming”

Earlier this week we discussed a chart from Citi’s Hanz Lorenzen, which we said may be the “scariest chart for central banks” and showed the projected collapse in central bank “impulse” in the coming years as a result of balance sheet contraction, and which – if history is any indication – would drag down not […]

BoJ, ECB Balance Sheets Exceed The Fed’s For First Time Ever – What Happens Next?

zerohedge.com / by Tyler Durden / Jun 2, 2017 6:35 AM For the first time in history, both the ECB and BoJ balance sheets have grown larger than the Fed’s. The BoJ’s balance sheet topped the JPY500tn (USD4.48tn) mark at the end of May, central bank data showed today. Furthermore, the latest data also shows the pace of […]