Silver as an investment

Category Archives: US Federal Reserve

Trump Expected To Announce His Pick For Fed Chair In Next Two Weeks

In the latest update on Trump’s search for the next Fed Chair, Reuters reported that the search has narrowed down to 5 finalists – Yellen, Warsh, Taylor, Powell and Cohn (condolences to Jeff Gundlach: his dark horse candidate, Neel Kashkari did not make the cut) – and that after meeting Yellen on Thursday, Trump will […]

“Long Nasdaq” Takes Over From “Long Bitcoin” As Wall Street’s Most Crowded Trade

Last month, Bank of America’s survey of active investors revealed something striking: for the first time in history, the response to what the professional community perceived as the most crowded trade on Wall Street, was “Long Bitcoin” (according to 26% of respondents), followed by “Long Nasdaq”, while “Short US Dollars” was in third spot. One […]

Globalization Is Poverty: “The Endgame Is Painfully Obvious”

Authored by Raul Ilargi Meijer via The Automatic Earth blog, Central bankers have never done more damage to the world economy than in the past 10 years. One may argue this is because they never had the power to do that. If their predecessors had had that power, who knows? Still, the global economy has […]

US Industrial Production Data Dashes ‘Survey-Driven’ Hopes Of Manufacturing Renaissance

Following August's storm-driven collapse in Industrial Production (-0.9%, worst since May'09), September was due for a bounce back and it did but only meeting expectations with a 0.3% rise on a surge in Utilities. However, aggregate industrial production for US remains 2% below its 2014 peak… Manufacturing Surveys have all been soaring heading into today's […]

“We Don’t Know How To Replace The Vast Gold Deposits Of The Past”

Authored by Christoff Gisiger via Finanz und Wirthschaft, Pierre Lassonde, chairman of Franco-Nevada, expects production in the gold mining sector to decline significantly and foresees a price push for the yellow metal. Few people have achieved more success in the mining business than Pierre Lassonde. The savvy Canadian is the co-founder and chairman of Toronto […]

Myths About Bitcoin That Must Die

Authored by Marcuss via ValueWalk.com, If you know anyone who spent some time in the United States in the 1970s and 1980s (or if you did), ask him or her about Life cereal, Mikey, and pop rocks. You may get a look of bewilderment. Or, you may get a knowing chuckle and an “Oh yeah, […]

How The Elite Dominate The World – Part 1: Debt As A Tool Of Enslavement

Authored by Michael Snyder via The Economic Collapse blog, Throughout human history, those in the ruling class have found various ways to force those under them to work for their economic benefit.  But in our day and age, we are willingly enslaving ourselves.  The borrower is the servant of the lender, and there has never […]

Black Monday 2.0: The Next Machine-Driven Meltdown

Authord by Ben Levisohn via Barrons, In the rise of computer-driven trading, some hear echoes of the stock market’s 1987 crash. Beware the feedback loop… Black Monday. Although the event to which those two words refer occurred 30 years ago, they still carry the weight of that day—Oct. 19, 1987—when the Dow Jones Industrial Average […]

“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 […]

The Crash Of ’87 Remembered: “It Was Clear The Acapulco Cliff-Dive Was On For Monday”

“The markets in a panic are like a country during a coup, and seen in retrospect that is how they were that day,” wrote a young Salomon bond salesmena named Michael Lewis, of the chaos he witnessed. “One small group of people with its old, established way of looking at the world is hustled from […]