Gold Prices Will Hit Record On Surging Asian Demand, ANZ Says
With Japan all set to become the sole owner of Japanese government bonds and equity ETFs and with ECB officials explicitly promising to print euros until the market finally gives up and submits to...
View ArticleBenchmarking $666M of Venture Capital Investments In the Crypto-currency Space
The $665 Million Evolution in a Space Nobody Respected a Year AgoYou probably already know that the Internet circa 1994 was the biggest investment opportunity (for those who had the foresight and...
View ArticleChina's Stock Bubble Leaves BNP Speechless: "What Happens Next Is An...
Earlier this month, we identified the reason why Chinese stocks have continued to rise in the face of overwhelming evidence that the country’s economy is decelerating quickly. While the first part of...
View ArticleTreasury Collateral Shortage Crosses The Atlantic, Makes European Landfall
In “How The ECB Is Distorting Euro Money Markets” we summarized Barclays take on the effects of ECB QE as follows: “short-end core paper will trade below -0.20%, extreme supply/demand imbalances will...
View ArticleSkyNet Is Almost Sentient: HFTs To Start Trading Bitcoin
As noted earlier, with equities now a barren wasteland of volume (and liquidity), the last remaining HFT master (of whale order frontrunning)has been forced to go to those asset classes where organic...
View ArticleAs Bad As Things Were in 2007, They Are MUCH Worse Now
The 2008 episode was a brief period of deleveraging in a global debt super cycle extending back at least 30 years. Rather than letting the bad debts clear through the system (this would have meant...
View ArticleGlobal Futures Slide After Worldwide Bloomberg Outage, China Tumbles On Short...
Just as China was closing for trade and Europe was opening, something previously unseen happened: no, not another another GPIF or Virtu inspired marketwide stop squeeze, those are quite recurring these...
View ArticleGold Flows East – China, India Import Massive Quantities of Gold from...
Gold Flows East – China, India Import Massive Quantities of Gold from Switzerland- Singapore, India and China continue to import staggering volumes of gold from the West- U.K. exports of bullion to...
View ArticleIf Gold Is Not Money… Why Do Clearinghouses and Former Fed Chairs Say It Is?
Everything that has happened since 2007, every Central Bank move, ever major political decision regarding the big banks, every trend, have all been focused solely on one issue. That issue is...
View ArticleChina One Step Closer to Becoming World’s Gold Hub
China One Step Closer to Becoming World’s Gold Hub- Shanghai Gold Exchange one step closer to becoming the globe’s major gold hub- China tests system at Shanghai Gold Exchange (SGE) to establish...
View ArticleA Tale Of Two Graphs - Why Bubble Finance Will Fail
Submitted by David Stockman via Contra Corner blog,On Friday the BLS reported, among other things, that full-time employment in April had dropped by 252,000 from the prior month and that the weekly...
View ArticleFormer NATO Commander, Presidential Candidate Makes Millions Pushing Penny...
Plato-quoting, West Point valedictorian, Rhodes scholar, former NATO Supreme allied commander, and one-time Presidential hopeful Gen. Wesley Clark had a carefully laid, three-point plan for life after...
View ArticleApathy is the new black.......or not....
The disconnect between what most of us should care about and what the majority of us actually do care about is really quite frightening. You see, the truth is that far more Americans are drawn to...
View ArticleGold Hits 3-Month Highs Amid "Frenetic Liquidity"
Gold topped $1230 this morning - breaking to 3-month highs and up over 4% year-to-date - up 5 days in a row for the best run in 4 months. The surge comes causally or correlatedly coincidental with...
View ArticleHow China's (Formerly) Richest Man Crashed His Own Fortune When He Tried To...
On Wednesday, we reported on what was certainly the biggest market news of the week when in under one second, Chinese solar company Hanergy Thin Film crashed by nearly 50% due to what are still unknown...
View ArticleBehind The Scenes In FX Trading: What Is Really Going On
Earlier this month we got confirmation of something we postulated back in April: that the primary source of revenue for Virtu (which, as a reminder, has had only one losing trading day in six years) is...
View ArticleFrontrunning: May 26
Developed-Country Growth Slows, OECD Says (WSJ)Charter Agrees to Buy Time Warner Cable for About $55 Billion (BBG)Dollar hits one-month high as periphery woes weigh on Europe (Reuters)IMF Says Yuan No...
View ArticleIf Everything is Great… Why Are Sovereigns and Clearinghouses Preparing For...
Everything that has happened since 2007, every Central Bank move, ever major political decision regarding the big banks, every trend, have all been focused solely on one issue. That issue is...
View ArticleTrapped In A Bubble
Via Golem XIV,When in a hole, stop digging. But when in a bubble, keep blowing. - Not very ancient proverb.I think our ruling and wealthy elite are worried that they are stuck in their own ponzi...
View ArticleThe Last Rebels: 25 Things We Did As Kids That Would Get Someone Arrested Today
Submitted by Daisy Luther via The Organic Prepper blog,With all of the ridiculous new regulations, coddling, and societal mores that seem to be the norm these days, it’s a miracle those of us over 30...
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