Silver as an investment

Category Archives: Bond Dealers

Government By Goldman

Authored by Gary Rivlin and Michael Hudson via The Intercept, in partnership with The Investigative Fund, Steve Bannon was in the room the day Donald Trump first fell for Gary Cohn. So were Reince Priebus, Jared Kushner, and Trump’s pick for secretary of Treasury, Steve Mnuchin. It was the end of November, three weeks after Trump’s […]

Frontrunning: May 15

Oil Jumps Over Output Deal (BBG), Saudi Arabia, Russia Favor Extending Oil Cuts Through Next March (BBG) Trump Doctrine Confounds G-7 as Ministers Kick Can to Sicily (BBG) Senate GOP’s agenda is at a moment of reckoning with unpredictable Trump (WaPo) White House Races to Fill FBI Job (WSJ) Former Trump Employees Say He Taped […]

ZeroHedge: Global Stocks Levitate Despite Ongoing Oil Weakness; China Stocks Jump After Easing Margin Debt

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. The sarcastic highlight of the overnight session was the Chinese stock market, where just one month after injecting a record amount of new loans into the financial system, the PBOC lamented the danger posed by China’s tremendous debt load: “Lending […]

HSBC Asks If “US Is Turning European, Or Is It Japanese” As It Cuts 10 Year Forecast From 2.8% to 1.5%

As Bloomberg begins it story about some very confused bond market analysts, “a year that started with almost everyone calling for the Federal Reserve to raise interest rates is drawing to a close with one of the world’s largest bond dealers saying there’s increasing chatter about the need for additional stimulus.” The reason: increasingly more […]

With All Eyes On Payrolls US Futures Tread Water; China Rises As Copper Crashes To New 6 Year Low

After going nowhere for the past week, last night Chinese equities opened with a bid tone and traded in the green all day long, resulting in the Shanghai composite ending the week with a gain of 2.2%, on what is gradually becoming a replica of US low volume levitation (to be expected after a third […]

Frontrunning: May 7

Fed’s Yellen: Stock Valuations ‘Generally Are Quite High’ (WSJ) Britain’s dead-heat election ‘down to the wire’ on polling day (Reuters) European Markets Roiled by U.S. Fed Chief Janet Yellen’s Comments (WSJ) Stocks Drop With German Bonds to Extend $2 Trillion Global Loss (BBG) Oil heads toward 2015 highs despite ample supply (Reuters) Wary of bond […]

European Banks Are Paid To Borrow For First Time Ever As Euribor Goes Negative

Mario Draghi said this week that the transmission channels for European Q€ were opening up and crowed how well his cunning plan was working (by well we assume he means stocks are up). Today we get the ultimate test of that 'transmission' as 3-Month EURIBOR fell below 0.00% for the first time ever (likely wreaking […]

BoJ Conducts Survey, Promptly Ignores Results

Less than a week after former BoJ official Yuri Okina warned that Japan’s bond buying program was having a “huge” impact on market liquidity, a new survey from the BoJ itself shows nearly 70% of financial institutions believe the market is impaired thanks to central bank asset purchases.  Via Reuters:  The majority of Japanese government […]

ZeroHedge: US Treasury Admits Collateral Problem In Bond Market; Considers Issuing Ultra Long-Dated Bonds

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. We noted yesterday once again that The Fed was out en masse demanding investors sell their bonds because "bonds are in a bubble" but not stocks. The reason – as we have explained in great detail – is the repo […]

ZeroHedge: Lessons From Wall Street’s First Crash… In 1792

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. The New York Fed's historical appreciation society has looked back at what was likely the US' first crash and foud that Alexander Hamilton's actions in 1792 which they claim "appears to have effectively managed the crisis with little or no […]