April 21, 2015 Cancun, Mexico Imagine having a net worth of $57 billion. That sounds like a lot. And for the few folks out there like Bill Gates, Warren Buffett, and Vladimir Putin who have racked up such a prodigious amount, it is a lot. But not if you’re the US Federal Reserve. Just like how individual people can calculate their ‘net worth’ by adding up all of their assets (cash,[...]
Tag: Fed
IMF Tells Regulators to Brace for Global ‘Liquidity Shock’
Financial engineering that preceded the last two financial crises is back, International Monetary Fund warns An illusion of liquidity has beguiled financial markets across the world and spawned some of the worst excesses seen on Wall Street in modern times, the International Monetary Fund has warned. Investors are borrowing money to buy shares on the US stockmarket at a torrid pace and are[...]
It’s Not The Weather: Industrial Production Is Rolling Over, Yet The Fed Is Clueless About Its Own Index
Another day of “incoming data” and still more evidence that this isn’t your father’s business cycle. This time it comes from the Eccles Building itself, but don’t expect the Keynesian money printers domiciled there to recognize that the industrial production report they issued today constitutes yet another rebuke to their entire macro model. The March index slipped badly (0.6%)[...]
Rickards, Paradoxes, and Getting Ahead
By Chris Campbell We have three big announcements for you today… First: You are no ordinary person. These are no ordinary times. And this is no ordinary episode. The second: I was just inside the White House yesterday. For reasons I’ll tell you later. And our third announcement, which I’ll get to in a moment, is even bigger than the first two. I’ll announce it in just a moment. But[...]
PROOF that the US Peaked During Ronald Reagan’s Presidency
April 13, 2015 Santiago, Chile On March 16, 1936, the government of the United States published the very first edition of the Federal Register. President Roosevelt had been taking a lot of heat over the previous year; under his New Deal program, dozens of government agencies were passing new rules, regulations, and codes at an absolutely feverish pace. It became impossible for anyone to keep[...]
50-Year Veteran – This Global Crisis Is Incredibly Dangerous And More Western Government Theft Is On The Way
With continued uncertainty in global markets, today a 50-year market veteran warned King World News that people should not believe the Western mainstream media because this crisis has now become incredibly dangerous. He also discussed the coming theft of people's money by Western governments. John Embry: “I must say that the current news in virtually all areas must be very troubling for[...]
Disaster Is Inevitable When The Two Decade-Old Stock Bubble Bursts
Six years after the Global Financial Crisis, the U.S. stock market continues to soar to new heights with nary a pullback or correction. In this piece, I will explain why the stock market is experiencing a new bubble that is actually another wave of the bubble that has existed since the mid-1990s. A two-decade old bubble? Yes, you’ve read that correctly. Most people will consider this assertion [...]
Richard Russell – The “Bear Market In Gold Is Over!” As Desperate Fed May Usher In QE4 And A World Of Hyperinflation
As people continue to digest breaking news out of Greece and around the world, the Godfather of newsletter writers, 90-year-old Richard Russell, announced that the "bear market in gold is over!" Russell also covered everything from a desperate Fed ushering in QE4, to global hyperinflation, the California drought and coming Great Depression-style work programs. Richard Russell: "The latest[...]
Hedge Fund Legend Julian Robertson Warns Of A “Complete Explosion” Unless Fed Contains “Boiling, Bubble” Market
Legendary hedge fund manager Julian Robertson, who has been conspicuously absent from CNBC in recent months, spoke with Fox Business' Maria Bartiromo about his take on markets. He was hardly bullish, which may explain his absence from the cadre of CNBC bubble cheerleaders. Robertson (in addition to some generic comments on the weather impacting the jobs numbers: apparently the weather only[...]
It Just Happened: “The Moment the United States Lost its Role as the Underwriter of the Global Economic System.”
bySimon BlackonApril 6, 2015 Last week, the government of China closed the enrollment window to join its new Asian Infrastructure Investment Bank (AIIB) as a ‘founding member’. The AIIB, if you haven’t heard of this yet, is designed to essentially displace the Western-controlled IMF and World Bank. And prior to last Tuesday’s deadline, dozens of nations around the world from New Zealand[...]