Silver as an investment

Category Archives: SIFMA

Key Events In The Coming Holiday-Shortened Week

It’s a relatively quiet, holiday-shortened (in the US) week, in which volumes are expected to grind lower as we head into the Thanksgiving holiday. In the US, existing home sales will be reported on Tues, expected to edge up to 5.4mn saar in Oct from 5.39mn in Sep. One day later, we get the durable […]

About That Debt Ceiling Crisis…

With just one month left until the “X Date”, better known as the first day on which Treasury has exhausted its borrowing authority and no longer has sufficient funds to pay all of its bills in full and on time, and also known as the date the US is technically in default on its debt […]

ZeroHedge: Goldman Warns Of “Upward Shock” To Rates, Hints At Trillions In Losses

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Having been proven wrong for so many months (and years) in its optimistic outlook on the economy, one would think Goldman Sachs – who as we have repeatedly documented has been extremely bullish on the USD as a result of […]

ZeroHedge: Days After Wells Fargo Admits Defrauding The Government, NY Fed Rewards It With Primary Dealer Status

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Back on April 9 we described the latest example of how criminal Wall Street behavior leads to zero prison time and just more slaps on the wrist, when Warren Buffett’s favorite bank, Wells Fargo, admitted to “deceiving” the U.S. government […]

ZeroHedge: Are ‘Wealthy’ Americans Scrambling To Find Cash To Cover Their Tax Bill?

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Every year around this time, Americans face the certainty of tax time, and that means – in general – finding the cash to pay Uncle Sam his just deserts. This scramble for cash is seasonally evident in the variable-rate tax-exempt […]

ZeroHedge: U.S. Futures Slide, Crude Under $39 As Dollar Rallies For Fifth Day

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Following yesterday’s dollar spike which topped the longest rally in the greenback in one month, the prevailing trade overnight has been more of the same, and in the last session of this holiday shortened week we have seen the USD […]

ZeroHedge: Are Treasury Shorts About To Scream: 10s, 30s Plunge In Repo, “Fails” Galore

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Over the past week we have been following a disturbing development in the US Treasury market: while the repo rate on the 10Y has been sliding deep into negative territory for a while, on Friday it finally hit the “fails […]

ZeroHedge: Treasurys Hits “Fails Charge ” – Dealers Are Failing To Deliver 10-Year Paper

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Yesterday morning we noted a very disturbing trend: over the past three days, a shortage of 10 Year treasury paper has manifested that has grown more and more acute with every passing day, until the repo rate hit as low […]

ZeroHedge: Wall Street Drops The ‘C’ Word: Proclaims Junk Bond Risks Are Contained

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by Jeffrey Snider via Alhambra Investment Partners, To an economist, the economy can bear no recession. In times of heavy central bank activity, an economy can never be in recession. Those appear to be the only dynamic factors that […]

Is Mario Draghi About To Go Full-Kuroda? RBS Says ECB Could Buy Stocks

At Thursday’s presser, Mario Draghi telegraphed more easing from the ECB come December.  This wasn’t exactly a surprise. In fact, some observers had expected Draghi to expand PSPP at the September meeting and although the market was disappointed in that regard, the ECB did raise the issue limit from 25% to 33% effectively giving themselves […]