ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
December 3, 2015 | Why the Euro Is A Dead Currency
I have been warning that government can do whatever it likes and declare anything to be be a criminal act. In the USA, not paying taxes is NOT a crime, failing to file your income tax is the crime. The EU has imposed the first outright total asset reporting requirement for cash, jewelry, and anything […]
December 2, 2015 | Money Is Becoming Unmanageable: Hedge Funds Post Losses, Face Outflows
Some of the money managers who made names (and billions of dollars) for themselves in the past decade are suddenly failing: Hedge Funds Brace for Redemptions (Bloomberg) – When BlueCrest Capital Management told investors Tuesday it would no longer oversee money for outsiders, one thing founder Michael Platt didn’t mention was that clients had already […]
December 2, 2015 | The First Shot in the War on Cash?
“The first shot in the War on Cash?” The headline caught our attention. We’d just finished researching and writing about the “Deep State” for the latest issue of our monthly publication, The Bill Bonner Letter. (Subscribers can catch up here.) This is something you’re likely to hear more about. The Deep State describes the way […]
December 2, 2015 | Balls of Steel
When markets turn, they turn quickly. Investors with stocks, mutual or ETFs know that – which is why the smart ones have a balance among different assets classes. When some fall, others pop. But if you have all of your net worth in one thing, and you borrowed insanely to get it, Mr. Market […]
December 2, 2015 | China’s Renminbi Reserve Status
While the International Monetary Fund (IMF) is expected to give the renminbi (yuan) a political victory by including the Chinese currency in the list of reserve currencies, few in the West even understand what this means. Including the renminbi in the SDR economically means nothing for it will not dethrone the dollar any more than […]
December 2, 2015 | Yellen Yap: Dollar Briefly Takes Out March High, Surging to Level Last Seen March 2003; For What It’s Worth
As Fed Chair Janet Yellen yapped about the strength of the US economy in a speech to the Economic Club of Washington, the US dollar index briefly surged above a level set in March, to a high last seen in April of 2003. US Dollar Weekly As noted by the last red candle, the […]
December 1, 2015 | Retaliation and Claims 101: Beneficiaries and the Failure to Think Ahead
Claims and counterclaims are the order of the day between Turkey and Russia. The US and Syria stand not side-by-side, but rather on each side, most of the time, but not all of the time. Background for this post is the deliberate shooting down by Turkey, a Russian aircraft attacking ISIS and alleged moderate rebels […]
December 1, 2015 | What’s With All The Superweapons?
Because apparently the world isn’t complex and scary enough, the major powers have decided to unveil a bunch of “superweapons” capable of, um, unique kinds of mayhem: Russia reveals giant nuclear torpedo in state TV ‘leak’ The Kremlin says secret plans for a Russian long-range nuclear torpedo – called “Status-6” – should not have appeared […]
December 1, 2015 | Currency Symbols are ‘Imaginary’ (Virtual)! Wake-up!
Our centralized banking authorities have created global fiat currencies which are virtual (imaginary) and which have ‘no’ existence within our space/time reality! Wake-up and think about what has happened in recent years (1971 – 2015). Today, we live with a ‘index dollar’, ‘index stocks’, ‘index derivatives’, and ‘index currencies’. Our dollar is now a virtual […]
December 1, 2015 | Fourth Turning – Our Rendezvous With Destiny
In Part 1 of this article I discussed the catalyst spark which ignited this Fourth Turning and the seemingly delayed regeneracy. In Part 2 I pondered possible Grey Champion prophet generation leaders who could arise during the regeneracy. In Part 3 I focused on the economic channel of distress which is likely to be the […]