Below, after some small comment on the OPEC induced crude price collapse this week are some charts that we find unusual in an increasingly bizarro financial world where the response, so far, to the too much debt induced GFC has been to add another $22 trillion (according to CFA, Grant Williams) of debt to the […]
Before we go to the straight out malarky of the Physical Gold market lets have a quick run down on some other serious matters that are going to have a great effect on the price of your currency, energy, other goods as well as investments. We mentioned last week that the trashing of the Japanese […]
It’s always pleasing to see a growing number of analysts starting to help investors understand how futures markets overwhelm physical markets by sheer ‘dollar’ volume and why this effects price, in the short term. History has always demonstrated the power of nature. As such, conspicuous disregard for the natural demand supply order gets corrected, in time. As […]
Wow! There was no shortage of news in Financial Markets this week so we’re pleased that the best was left to last from those great central bankers of Japan. Bank of Japan (by a 5-4 vote) raised its bond-buying program from JPY 70 trillion to 80 trillion… and triple its ETF buying to JPY 3 trillion Not quite […]
Stocks rise on back of rising global growth prospects, the headlines say. What they should say is, “stocks rise on the back of central bank jawboning, more stimulus needed”. Yep, it was US Fed speaker, james “Jim” Bullard (the name says it all), who chimed in Wednesday last week and said, “based on the data (lack […]
The following letter to the editor of the Washington Post pretty much sums up part of the mess in the Middle East from a US perspective. If you are still confused, then look at some maps of potential pipelines. How about those Russian Pipelines! And it’s always interesting to see who might hurt the […]
As US Fed Chairperson Janet Yellen meandered and dribbled uncomfortably through her press conference this week the response was immediate. Corporate media trots out news on how good the economic recovery is, how everything is fixed thanks to the wonderful economic management of the almighty Central Bank but economic risks and unemployment remain stubbornly high […]
Again, Bizzaro World markets can be summarised with headlines following the move in US equities last Friday night. “Stock markets rises to record highs as economic and unemployment numbers continue to disappoint”. Sometimes we forget, in this modern Bizarro World of Central Banking largesse, bad news is good news and really bad news is absolutely […]
As our financial system continues to rely on credit expansion, without apparent consequence, we are now watching the pace accelerate to the point where we have a new acronym, thanks to the policies of the European Central Bank, NIRP. Negative interest rate policy. If you, like us, wonder how long this can be sustained you […]
With the recent rise in the “not so precious anymore” metal, gold, we thought it time to put the spotlight back on some key goings on in this market. It’s interesting that Global Gold production has remained stagnant over the last 3 year bear market in the yellow metal. We’ve also found it most […]
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