Federal Reserve And U.S. Federal Deficit Only Halting Deflation, Not Creating...
I have a very long post up at my blog arguing that inflation has already happened and policymakers (Fed and U.S. federal gov't) are only forestalling the deflation. If they go on long enough or become...
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Update On Credit To Money Supply Ratio
Fed pumping continues to outpace credit growth.(click to enlarge)I discussed this chart previously in Why QE3 will completely fail.
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Time To Buy DUST?
Is that a massive H&S in gold miners with a target at the 2008 lows?!(click to enlarge)Are miners signaling a major correction in stocks? WHAT WILL HAPPEN TO THE PM SECTOR IF THE BROAD MARKET...
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Japan Won't Sell Treasuries, They Will Buy More
This is a chart popular with gold bulls. It shows the growth of gold in the reserves of the Eurosystem thanks to price increases.(click to enlarge)When gold peaked in 1980, the value of U.S. gold...
View ArticleSome Thoughts On Bitcoin, And Why Bitcoin Is The Ultimate Bubble
Some thoughts on Bitcoins, some addressing criticisms, some not. Not an exhaustive list.First and foremost, Bitcoin is money if it is widely accepted as money (rising in value based on how wide the...
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Gold Lied, Inflation Died
What is happening in the gold market? The destruction of inflation expectations. The gold trade is crowded with people making a similar mistake to the Keynesian economists who completely missed the...
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Euro Fall (USD Breakout) Coming?
A head and shoulders could be forming on the euro. Neckline is around $126 on FXE, with a top around $135, giving a target of $117 if the pattern completes. That would take the euro below its 2010...
View ArticleLiu Jun Luo Forecasts Major Plunge In Gold, USD Rally
In Liu Jun Luo: The Gold Smash Is The New Opium War , I translated Liu Jun Luo's post gold smash blog, which in part stated:Today is the "gold gap" campaign, but by the end of April or in early May,...
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FX Loan To Deposit Ratio Steady, M2 Up Y-O-Y
There was no big jump in the loan-to-deposit ratio. However, let's see if that's not because China isn't really slowing down. If the hot money flowed in as usual, we should have seen a jump in these...
View ArticleChina Will Nationalize U.S. Dollar Deposits To Forestall A Collapse In The Yuan
Liu Jun Luo: Gold going to $500; Chinese yuan will collapse; China will nationalize dollar deposits
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Maotai Bubble Collapses
In March 2012 I wrote: Chinese Maotai bubble bursts!, which discussed the government crackdown on officials blowing public money on extravagant banquets, with much of the cash flowing into luxury goods...
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IMF COFER Report: Euro Declines In Allocated Reserves
Here's data through 2013 Q2. The euro has taken over the dollar's role as the shrinking reserve asset.The graph starts at 60% to more clearly show the changes.(click to enlarge)
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Free Money?
PowerShares DB Base Metals Short (BOS) is trading 37% below its NAV. PowerShares DB Base Metals Double Short (BOM) is trading 15% below its NAV.PowerShares DB Base Metals (DBB) just broke to a new...
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No More Free Money In BOM And BOS
Deutsche Asset & Wealth Management changed the redemption size for their commodity ETNs from 200,000 to 5,000 on Friday.The big redemption size made these busted ETNs because volume has been too...
View ArticleReal Estate Agents Pull Their Listings Off SouFun's Website
Why Shares of SouFun Are SinkingDisclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
View ArticleChinese Home Prices Still Falling And No Rate Cuts Coming
New Home Prices Fall 1.1% in August as Buying Restrictions Fail to Stop the DeclineXinhua: The Stock Market Is Safe, Foreigners Are Buying, Bull Market Is HereXinhua: Still Not Time For Rate Cuts;...
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Liaoning Sounds Warning On Chinese Economy
Industrial production and real estate investment have collapsed in Liaoning this year. Is it a localized slowdown or a warning for the rest of the Chinese economy?
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The Scariest Chart Of 2015
China increased its official gold reserves by 57% in June. Why did they make the announcement now? Yuan depreciation pressure.(click to enlarge)If capital outflows and the drop in forex reserves...
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