Silver as an investment

Category Archives: Deflation

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 […]

Don’t Fight the Fed

Alexander Hamilton, George Washington’s Treasury Secretary, in his first “Report on the Public Credit” in 1790, put forth the concepts of “assumption” and “redemption.” He argued that the federal government should assume the Revolutionary War debt and pay those debts at “face value”  in full to the bearers of such debt on demand. In order […]

“This Is The Catalyst For Everything”: Deutsche Sees Only Two More Rate Hikes Before The Fed Loses Control

In his latest weekend note, One River CIO Eric Peters discussed, among other topics, what he thought would be the nightmare scenario if not for the current, then certainly next Fed chairman: a world in which despite the Fed’s best intentions (and we use the term loosely), the Fed continued to hike rates without any […]

Andy Xie Warns “The Bubble Economy Is Set To Burst” As Political Tension Soars

Authored by Andy Xie via The South China Morning Post, Central banks continue to focus on consumption inflation, not asset inflation, in their decisions. Their attitude has supported one bubble after another. These bubbles have led to rising ­inequality and made mass consumer inflation less likely. Since the 2008 financial crisis, asset inflation has fully […]

Science Tells Us This Is All True

Authored by Simon Black via SovereignMan.com, On April 30, 1934, under pressure from Italian-American lobby groups, the United States Congress passed a law enshrining Columbus Day as a national holiday. President Franklin Roosevelt quickly signed the bill into law, and the very first Columbus Day was celebrated in October of that year. Undoubtedly people had […]

Gallo Warns: A Volatility Trap Is Inflating Market Bubbles

Authored by Alberto Gallo via Bloomberg.com, A number of markets show not only elevated valuations, but also irrational investor behavior… Investors face a conundrum: The world is experiencing a record synchronous growth phase, but an increasing number of assets are becoming overvalued just as fundamental risks lurk in the background. Should investors continue to dance […]

Robots Have Ushered In An Era Of “Cocaine Deflation” On Wall Street

Authored by Brazilian Police have stumbled into a cocaine workshop with robots packing 150,000 cocaine baggies per day. The era of cocaine deflation is upon Wall Street, as drug lords in Brazil are betting on automation to ramp up production. Source: StockBoardAsset Perhaps this 'automation' is why Brazil's cocaine prices have suffered such a deflationary […]

Japan’s “Deflationary Mindset” Grows As Household Cash Hordes Reach Record High

After being force-fed more stimulus than John Belushi, and endless rounds of buying any and every asset that dares to expose any cracks in the potemkin village of fiat folly, Japan remains stuck firmly in what Abe feared so many years ago – a "deflationary mindset." As Bloomberg reports, cash and deposits held by Japanese […]

“Get Totally Out Of Stocks” – Charles Nenner Warns “US Social Unrest Is Bigger Problem Than North Korea”

In this extensive interview with USAWatchdog.com's Greg Hunter, Charles Nenner, renowned financial and geopolitical analyst, has been saying for a few years that “there would be no market crash until the end of 2017,” and “if people were not positioned correctly, they could lose everything.” It’s nearing the end of 2017, and Nenner says, “I […]

“I Was Wrong”: Albert Edwards Finds Something That Has Never Happened Before

At the start of the year, we were surprised when SocGen’s Albert “Ice Age” Edwards, the biggest perma-deflationist on Wall Street, flipped his outlook on the US economy, and said he now expected a fast spike in inflation driven by wage growth, which in turn would prompt an even more accelerated tightening cycle by the […]