John Hussman can generally be counted on for a bearish take on the stock market. But his latest weekly commentary letter is a doozy, with some particularly pointed remarks aimed at investors who continue to believe valuations are fair in stocks. The economist runs Hussman Funds, and since the financial crisis he’s been a prominent critic of Federal Reserve policy. His investment choices are[...]
Category: News
US Rules Make Gold the New Green – Financial Times
By John Dizard Financial Times, London Friday, July 11, 2014 Pecunia non olet. (Money has no smell.) — Emperor Vespasian (69-79) to his son, Titus, when Titus protested a tax on urine. * * * There is a fresh wind behind the dollar price of gold, which is also increasing the reported and unreported volumes of physical trading in the metal. Thanks to what one (non-banker) friend of mine[...]
Setting The Stage for The Next Collapse – Preperations Taking Place Don’t Help You
By: Steve Saville Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 20th July 2014 When the central bank pumps money into the economy and suppresses interest rates it creates incentives to speculate and invest in ways that would not otherwise be viable. At a superficial level the central bank's strategy will often seem valid, because the increased[...]
U.S. Ally Cuts Off Communications with Obama and Seeks New Trade Outside Dollar
July 22, 2014 On July 21, Turkish Prime Minister Tayyip Erdogan spoke in an interview with Turkey's ATV television, and confirmed that his office had cut off direct communications with President Obama, and in fact, were no longer even answering calls received from the White House. In addition to this startling announcement regarding a long standing U.S. ally, the Russian Ministry of[...]
The “Gates” Are Closing: SEC Votes Through Money Market Reform – Another Step in Prep for Next Crisis
It was nearly five years ago when Zero Hedge first wrote: "This Is The Government: Your Legal Right To Redeem Your Money Market Account Has Been Denied" in which we predicted as part of the ongoing herding of investors away from every other asset class and into stocks, regulation will be implemented to enforce that "money market fund managers will have the option to 'suspend redemptions to allow[...]
We’re in the Third Biggest Stock Bubble in U.S. History – Insiders Sell Stocks and Retail Investors Jump In
Brett Arends - MarketWatch - July 18, 2014 Here’s a quick question for you. What do the following years have in common: 1853, 1906, 1929, 1969, 1999 Pass the question around your office. Call your money manager and ask him or her, too. Post it on your office notice board. Give up? Those were the peaks of the five massive, generational stock-market bubbles in U.S. history. Investors who[...]
OECD Fears Middle Class Civil Unrest Is Coming
Authored by Martin Armstrong of Armstrong Economics blog This idea that we live in a world where government cares about us is just the biggest propaganda ever. Everyone one will only pursue their own self-interest. The OECD has interesting come out and warned that if governments are unable to stop the transfer of wealth to a small financial elite, the displeasure of the dispossessed middle[...]
Terrifying Banking Crisis Is About To Accelerate – Nigel Farage
On the heels of continued trouble in the European banking system, today MEP Nigel Farage told King World News that people need to brace themselves because the banking crisis is about to accelerate. Farage also spoke about the new president of the European Commission and what investors should expect from the gold market since the banking crisis is only going to get worse from here. Eric King:[...]
BOMBSHELL: It Has Begun- Germany to Break From US/UK, Join Russia/China Alliance!
It is finally happening in full view, in unmistakable manner, in a way that the awake, the aware, and the conscious can perceive in alarming stunning terms. The central force of Europe, the industrial juggernaut, the stable core, has begun to pivot East. The Germans have had enough, fed up with destructive US activities of all kinds. For the last few months, they have been laying out their[...]
Insider Trading and Financial Terrorism on Comex – Paul Craig Roberts
Editors note: Because of nefarious activity in the financial and precious metals markets, such as you are about to read about, owning physical precious metals as a store of wealth is of paramount importance. Believing the opportunity to acquire precious metals at any time in the future by individual investors is a major risk. Paul Craig Roberts and Dave Kranzler July 16, 2014. The[...]