Silver as an investment

Category Archives: Central Banks

Investors Admit Stocks Are The Most Overvalued Since 2000, Rush To Buy Them Anyway

There is something ironic in the latest monthly Fund Manager Survey from Bank of America. On one hand, a net of 34% of survey respondents said equities now the most overvalued in the past 17 years, in other words either fund managers were still in middle school when it happened and don’t recall the 2000 […]

“Audit The ECB”? – German Officials Call For Greater Oversight Of Central Bank

With the omnipotence of the world's central banks suddenly all too evidently exposed as nothing more than 'Oz'-like smoke-and-mirrors, it is not just US politicians that are losing faith and calling for more oversight of the most-powerful unelected officials in the world. Handelsblatt reports today that Germany's federal auditor says The ECB lacks accountability in […]

Americans Refuge In “Matrix Of Rackets” Is Failing

Authored by Howard Kunstler via Kunstler.com, You might not know it, given all the ambient noise of the moment, but beyond the torments of news and propaganda there is still something called the nation. It’s more than just a political compact. Until not long ago it was also a culture, an agreed-upon set of values, […]

Obama, Bernanke and Yellen Rigged the Bond Market. Now it’s Trump Turn to Dance or be their Dunce! – By Michael Carino

Government dysfunction is at its worst.  We voted them in.  We have no one to blame but ourselves. Granted, the choices were abysmal. But the Republican and Democratic parties, with no third party competition, can continue to run dysfunctional governments, whittling away our dominant global position until the cracks of our broken government becomes abundantly […]

The Bubble Boys

Visit full archives at The Entry Points: There is a famous Seinfeld episode about an arrogant guy who unfortunately has to live in a bubble. This is the same situation which millions and millions of good people around the world are in. The arrogant central bankers, The Bubble Boys (+ Janet), have created the conditions for speculation to […]

‘Anonymous’ Joins Hacker Crusade To Steal Millions From Global Central Banks

Roughly a year ago we wrote about perhaps the most notable bank heist in history in which a group of hackers used Swift, the interbank messaging system, to steal $81 million from the Central Bank of Bangladesh.  Here’s our recap:  For those who missed the story, you can review it in all its James Bond-ish […]

Quiet Start To Quad-Witching St. Paddy’s Day: Futures Flat, Global Stocks Mixed

A quiet start to today’s quad-witching St. Patrick’s day, with European stocks mixed, Asian shares and U.S. index futures (-0.1%) little changed ahead of industrial production data with just Tiffany’s set to report earnings. Emerging markets headed toward the best week in eight months even as the global equities rally spurred by the Federal Reserve’s […]

“This Is Not The Reaction The Fed Wanted”: Goldman Warns Yellen Has Lost Control Of The Market

With stocks soaring briskly around the globe following Yellen’s “dovish” hike, and futures set for a sharply higher open with the Nasdaq approaching 6,000, something surprising caught our attention: in a note by Goldman’s Jan Hatzius, the chief economist warns that the market is overinterpreting the Fed’s statement, and Yellen’s presser, and cautions that it […]

Here Is All You Need To Know To Become A Successful Trader, From JPMorgan

Forget the “deep dive” analysis, forget the charts, forget the DCFs, the comps, the “expert network”, the “information arbitrage” or insider trading. Forget talking to management, analysts, or employees or even having to pretend to manage money on Yahoo Finance Twitter to impress people you will never meet.  Courtesy of JPMorgan, here is all you […]

Kolanovic: We Expect “Near-Term Market Weakness; Suggest Reducing US Equities”

First Goldman, then RBC, and now JPM’s top quant. One month after JPM’s head quant Marko Kolanovic warned that volatility is about to return and could lead to “accidents”, the market timer also called “Gandalf” elsewhere for his prognosticative skills is out with a fresh warning, predicting “market weakness in the near-term” adding that he […]