Silver as an investment

Category Archives: Commercial Paper

Lacy Hunt On The Unintended Consequences Of Federal Reserve Policies

Authored by Mike Shedlock via www.themaven.net/mishtalk, The Financial Repression Authority interviewed Lacy Hunt, Chief Economist at Hoisington Management on Fed policies. The interview below first appeared on the FRA website along with a video. The emphasis in italics is mine. FRA: Hi, welcome to FRA’s Roundtable Insight. Today, we have Dr. Lacy Hunt. He’s an […]

While The World Watches US Presidential Elections

By Chris at www.CapitalistExploits.at Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing. Welcome to this week’s edition of “World Out Of Whack” where every Wednesday we take time out of our day to laugh, poke fun at and present to you absurdity in global financial markets in all its glorious insanity. While we […]

The Fallacy Of Central Planning (Exposed By South Park’s Underpants Gnomes)

Submitted by Jeffrey Snider via Alhambra Investment Partners, In the seventeenth episode of the second season of the Comedy Central cartoon South Park, the show introduces one of its longest lasting memes that has survived despite the first airing being nearly twenty years ago, and all the vulgarity and seemingly gratuitous violence in between. Titled […]

Currency Wars Escalate As Fed Treasuries In Custody Tumble To 2012 Lows

While the market’s attention has recently focused on what is taking place in the world of unsecured funding, where Libor has been blowing out to 6 year highs, pushing the benchmark to the highest level in 6 years…     … and where the the 3 month/ 6 month and 1 month/3 month Libor bases […]

China Regulator Tells Banks To Evergreen Loans Of Troubled Companies

From yesterday: CHINA ASKS BANKS NOT TO SUSPEND, CALL IN LOANS TO COS.: DAILY. The Chinese bankruptcy cycle is officially on hold — zerohedge (@zerohedge) August 3, 2016 And now the follow up by Valentin Schmid of Epoch Times China Banking Regulator Tells Banks to Evergreen Loans of Troubled Companies On the surface, China is talking […]

What The Sudden Spike In The TED-Spread Really Means

Historically, blowing out short-term funding rates, whether measured by the TED Spread (the difference between LIBOR and 3 month TSYs), or the 3 month FRA-OIS spread, have been an indicator of funding stress and heightened systemic risk. This had been the case as long as 2010, around the time of the first Greek bailout, when […]

ZeroHedge: There Is An Alternative To Yellen’s Keynesian Bubble – Stockman Rages “Abolish The Fed”

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitte dby David Stockman via Contra Corner blog, The approximate hour Janet Yellen spent wandering in circles and spewing double talk during her presser yesterday was time well spent. When the painful ordeal of her semi-coherent babbling was finally over, she had essentially proved that the […]

ZeroHedge: World’s “Safest” Market Suffers Worst Volatility Since 2009

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. As Fed credibility collapses in a pile of failed communications, Bloomberg notes that the $1.5 trillion market for U.S. Treasury bills, known as an oasis of stability for investors worldwide, is experiencing the most volatility since the financial crisis. Since […]

ZeroHedge: Japan Banks May Soon Pay Borrowers To Take Out Loans

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Things are increasingly upside down in the brave new centrally planned world: thanks to negative deposit rates central banks have put an explicit cost on saving, while in various instances, such as taking out a mortgage in Denmark and the […]

ZeroHedge: A Take On How Negative Interest Rates Hurt Banks That You Will Not See Anywhere Else

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. The Bank of Japan and the ECB are assisting me in teaching the world’s savers, banking clients and corporations about the benefits of blockchain-based finance for the masses. How? Today, the Wall Street Journal published “Negative Rates: How One Swiss […]