Silver as an investment

Category Archives: GSE

Phony Fannie and Freddie

lfb.org / By Douglas French / August 26, 2013 It’s hard to know what’s what in the world of finance. Take for instance the Matthew Yglesias piece on Slate.com about Fannie Mae and Freddie Mac which appeared recently. He writes that the two mortgage giants are starting to generate huge profits and instead of reducing the debt, the money should […]

“The Taper Is Coming” – What Wall Street Thinks

zerohedge.com / By Tyler Durden / July 28, 2013, 20:01 -0400 Back in May, when we coined the term “Taper Tantrum” before the infamous Hilsenrath article was released bringing with it famine, pestilence and a full rerun of the 1994 blow out in yields and when the prevailing consensus was that Bernanke wouldn’t touch the rate of monthly monetization until […]

GSE Privatization, Or “Fed Magic” – Here Are The Alternatives

zerohedge.com / By Tyler Durden / June 3, 2013, 22:09 -0400 Between Fairholme’s back-up-the-truck in GSE Preferreds (demanding his fair share of the dividend), the crazy oscillations in the common stock of FNMA, and the ongoing debacle of what to with the government’s implicit ownership of the US mortgage business, tonight’s news from Bloomberg – that abipartisan […]

Austrian True Money Supply

As the world looks on and wonders at the Federal Reserve’s and other central banks’ ongoing campaign to print and debase the world’s currencies, we feel much can be seen when looking at a clear picture of supply. At WealthCycles we often talk about the “money supply,” more properly understood as the supply of currency […]

Austrian True Money Supply

As the world looks on and wonders at the Federal Reserve’s and other central banks’ ongoing campaign to print and debase the world’s currencies, we feel much can be seen when looking at a clear picture of supply. At WealthCycles we often talk about the “money supply,” more properly understood as the supply of currency […]

Mortgage Credit Crunch May Worsen U.S. Recession

If the mainstream media headlines are to be believed, the housing market is poised for a strong comeback in 2013. Not so fast, says Chris Whalen of Carrington Investment Services in this Fox News video clip. Sure, sales, prices and building starts are all up by 3% year-over-year, but the baseline used for comparison is […]

Canadian Housing Bubble Follows Trend-Setting U.S.

Do you know what Canada, the U.S., China and Ireland all have in common? If you guessed that they have all experienced, or are currently experiencing, a housing bubble, give yourself a gold star. As all bubbles ultimately do, the Canadian housing bubble is on the path to bursting. The good news, according to recent […]

U.S. Foreclosure Deal Just Another Stall Tactic

After long months of wrangling, the U.S government and 49 states announced yesterday a settlement agreement in the bank foreclosure scandal. But despite the tough negotiating stances taken by some states attorneys general, the end result represents onl…