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Sunday, November 9, 2014

US Economy Shudders: East Coast Set To Freeze As Polar Vortex 2 Arrives

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Remember when last December, a bout of cold weather crushed the US economy for the next 3 months, and subtracted about $100 billion from tr...
Saturday, November 8, 2014

Greenspan's Stunning Admission: "Gold Is Currency; No Fiat Currency, Including the Dollar, Can Match It"

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For some reason, the Council of Foreign Relations, where  ex-Fed-Chief Alan Greenspan spoke last week , decided  the  following discussion ...
Sunday, October 26, 2014

Ebola driving or at least correlated with markets

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“ Ebola seems like a lame excuse,  frankly, but it’s a widespread one. Assuming that  everyone in the market has above-average intelligence...
Thursday, October 23, 2014

"Anti-Petrodollar" CEO Of French Energy Giant Total Dies In Freak Plane Crash In Moscow

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Three months ago, the CEO of Total, Christophe de Margerie, dared utter the phrase heard around the petrodollar world, " There is no r...
Monday, October 20, 2014

Technical Glitch Downs Bank Of England's $110 Trillion Payments System

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The Bank of England's "Real Time Gross Settlement Payment System" (RTGS) - the UK's equivalent of the US FedWire - has go...

Euro Risk Due To Possible Return of Italy To Lira - Drachmas, Escudos, Pesetas and Punts?

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Euro Risk Due To Possible Return of Italy To Lira - Drachmas, Escudos, Pesetas and Punts? The European status quo and EU elites are becom...
Sunday, October 19, 2014

Why Abenomics Failed: There Was A "Blind Spot From The Outset", Goldman Apologizes

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Ever since Abenomics was announced in late 2012, we have explained very clearly (for example  here,  here,  here,  here,  here ,  here  and...