A Free-Thinker – someone whose mind is not bound by any chain, free to explore the great abyss unhindered by fear, emotion, or ideology. In reality, it is outside the box free-thinkers, who are the engines of social change and ingenuity, often leading society into new directions not yet seen before. They represent a voice of authenticity and uniqueness in a world that is all too filled with conformity and linear thinking. While the achievements are applauded by future generations, in the present they are often looked down upon, feared, laughed at, and even seen as crazy for their unique perspectives on life. It is often a lonely road for that of a truly unleashed free-thinker. Read More
Before I get into my analysis and the reasons we are heading towards the Seneca Cliff, I wanted to share the following information. I haven’t posted much material over the past week because I decided to spend a bit of quality time with family. Furthermore, a good friend of mine past away which put me in a state of reflection. This close friend was also very knowledgeable about our current economic predicament and was a big believer in owning gold and silver. So, it was a quite a shame to lose someone close by who I could chat with about these issues. Read More
The chief bad idea in economics today is that most economists regard the discipline as a “pure science.” Economists have succumbed to what I call physics envy: They want their less-than-precise discipline to be considered a hard science, too. Unfortunately, economics—which concerns itself with unpredictable human behavior—is fundamentally incompatible with science.
Exceptional Bear is the leading Market Timing Service tailored to the individual investor. If you are confident in taking a leading role in your own investment decisions, trusting your own judgement above that of any expert. You have come to the right place for exceptional guidance. Our track record includes the all-time record Bear Market performance in stocks. When the S&P plunged 37% in the 2008-2009 Financial crisis, clients who followed our independently-verified guidance earned in excess of 360%. Since then, Exceptional Bear has been awarded Timer Digest's Timer of the Year in 2015, the #2 Stock Timer by a nose in 2014 and Bond Timer of the Year in 2013. Such outstanding performance in down and flat markets is an objective measure of New-Wave Elliott mastery, the cutting-edge tool for managing portfolios during wildly volatile Bear Market dives.
In an interview it was said that during the Weimar experience, gold performed extremely well but silver lagged. It is for this reason they suggested not to pay attention to the current out of whack silver to gold ratio north of 80-1 and it will not narrow. This is just wrong for so many reasons. First, the ratio of silver to gold worldwide at the time was roughly 15-1. Silver was priced at $1.385 per ounce while gold was at $20.67 per ounce in dollar terms. Read More
Investing in stock drives the production of better goods and services, but currency isn’t a commodity which will depreciate due to the nature of its own decay. It’s not a service which could lose its public appeal in a few years. Intellectual property is a closer metaphor, but a dollar will still never hold intrinsic value, ironically, unless it is one day viewed as an antique. Read More
The next credit crisis poses a major challenge to China’s manufacturing-based economy, because higher global and yuan interest rates are bound to have a devastating effect on Chinese business models and foreign consumer demand. Dealing with it is likely to be the biggest challenge faced by the Chinese Government since the ending of the Maoist era. However, China does have an escape route by stabilising both interest rates and the yuan by linking it to gold.
We are nearly a year into Donald Trump’s presidency, and the economic numbers continue to look quite good. On Monday, we learned that U.S. retail sales during the holiday season are projected to be way up compared to 2016. Yes, there are all sorts of economic red flags popping up all over the place, and I write about them regularly. And without a doubt, 2017 has been one of the worst years for brick and mortar retail stores in a very long time. But when something good happens we should acknowledge that too, and many are giving President Trump credit for the fact that retail sales are projected to be up 4.9 percent this holiday season compared to last year... Read More
2. Should I choose to move and rent, the growing differential (between value and cost) becomes my growing rental income year in year out. And, this rental income goes up even if there is NO appreciation in the house’s value (the house, and rent the house can generate, merely moves up and keeps up with inflation; the real values stay flat). If I were to add the likely stream of increasing amounts on rental payments to my previous return calculation, I would get well over 5% annual returns previously mentioned.
9/11 Apartheid Asia Bailout Bankruptcy Bible China CIA Collapse corruption Crime Currency depopulation Devaluation ethnic_cleansing Europe Eurozone Fascism FederalReserve France Fraud Gaza genocide Germany Global_Warming Gold GreatDepression Greece Hyper-inflation Illuminati Iran Iraq Israel Japan Korea Libya Martial_Law Meltdown MIC Middle_East MSM NATO Nazi Nephilim New_World_Order nuclear Obama Occult oil Palestine Police_State propaganda Psyop Riots Russia Satan Saudi_Arabia Silver stock_Market Syria Terrorism Trade Treasury Turkey UFO UK Ukraine UN Unemployment Unrest US Vaccine War weather Zionism
Anya Parampil reports on the US stock market downturn which began on Wednesday, finding that the mini-crash has rippled throughout international markets. Anya talks to Peter Schiff, CEO of Euro Pacific Capital, and Bart Chilton, Host of RT’s Boom Bust, to discuss what’s behind the meltdown and whether or not it could evolve into something to more severe.
What effect will a bear market in bonds have on equities? That depends. If bond yields rise above a certain level, equity risk premiums will start to look less attractive. Higher rates also push up interest costs for corporations, although the bank's analysts say interest rates would have to increase by 100 basis points in the U.S. and 250 basis points in Europe before they become a noticeable drag on earnings.
Every college publication on the market states your university meets about 95% of its student’s need, and we have seen award letters sent to high school seniors in our area substantiating this number. We would like to request that Anywhere University reward Heath, a current student with a 3.4 GPA, an award package equal to, or better than, an incoming freshman. It will be financially difficult for us to continue to send Heath to Anywhere University without an increase in financial aid.
The content on Dr. Housing Bubble Blog is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) who may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.
*** The markets…presumably reacting to a calculated recall of the 30-year T-bill…leapt. The Dow gained 188 to close at 9263. The Nasdaq climbed 56 points to 1424. (By the way, the Daily Reckoning scorekeepers, Eric Fry and Bill Bonner, have both jetted off for Vegas where the Agora Wealth Symposium is in full swing. Here in Paris, we’re carrying on as usual, though our breaks down at Le Paradis seemed to have grown in length a bit…)
A bond is a promise to pay money, right? And what is money? What is money? Years ago when QE just started, there was a letter to the editor of The Financial Times. And the author of this letter said: At long last I have now understood the meaning of the term “quantitative easing.” I now understand that. What I no longer understand is the meaning of the word “money.”
RATE AND REVIEW this podcast on Facebook.https://www.facebook.com/PeterSchiff/reviews/A Big Constituency of Highly Indebted PeopleThe fact that you have created this big constituency of highly indebted young people - they're like indentured servants. The government now loans them the money and now they are in debt to the government for the rest ...…
There are two crucial factors why silver will increase more in value than gold during the next financial meltdown. These factors are not well known by many precious metals analysts because they focus on antiquated information and knowledge. While several individuals in the precious metals community forecast a much higher Gold-Silver ratio during the next financial crash, I see quite the opposite taking place.
Members of the American libertarian movement, particularly extremist preppers, are often associated with a belief that a complete breakdown in society is the only outcome from government economic policies and will lead to complete social disintegration. At the centre of their concerns is monetary destruction, with other issues, such as the erosion of personal freedom and the right to bear arms, important but peripheral. They cite history, particularly the hyperinflationary collapses, from Rome to Zimbabwe, and now Venezuela. They draw on Austrian economic theory, which fans their dislike of government and their expectation of total chaos. Read More
The chart formation built in the course of the early February sell-off and subsequent rebound continues to look ominous, so we are closely watching the proceedings. There are now numerous new divergences in place that clearly represent a major warning signal for the stock market. For example, here is a chart comparing the SPX to the NDX (Nasdaq 100 Index) and the broad-based NYA (NYSE Composite Index). Read More
I wrote an article titled “Are Derivative-Based ETFs Sowing The Seeds Of The Next Financial Crisis?” for Seeking Alpha a few months ago. I concluded that ETF’s don’t do what it says on the tin (mimic the underlying asset) and that they are slowly mutating into more complex financial instruments like collateralized debt obligations, which I drew disturbing parallels with the subprime mortgage crisis. It would be therefore foolish for any retail investors to see them as a panacea to gaining exposure to virtually any asset.
The living symbol of Smokey Bear was a five-pound, three month old American black bear cub who was found in the spring of 1950 after the Capitan Gap fire, a wildfire that burned in the Capitan Mountains of New Mexico. Smokey had climbed a tree to escape the blaze, but his paws and hind legs had been burned. Local crews who had come from New Mexico and Texas to fight the blaze removed the cub from the tree.
The theme of investing in a rising interest rate environment is not new; in fact, it has been overhyped in years past, most notable during the taper tantrum. But Goldberg said there has been so much literature from asset management companies stating case for bonds in a low interest rate environment they now should find it harder to justify bonds when the interest rate environment changes.
If you believe that there will be a significant change in global economic paradigms over the next 10 years, consider this book as part of developing an applicable investment strategy. Basically the author is focusing on commodities as they will do well in an inflationary period and, reading between the lines, commodities never go to zero (unless one is so leveraged up that one is forced to sell when commodities sell). Fortunately for us small investors the author does provide a road map to utilize his strategy by way of ETFs. With the government rolling the printing presses to shore up and stimulate our economy, inflation will result. This book examines the issues with inflation and how to invest in response.
After a little bit of a lull, the international currency crisis is back with a vengeance. Currencies are collapsing in Argentina, Brazil, India, Turkey and other emerging markets, and central banks are springing into action. It is being hoped that the financial chaos can be confined to emerging markets so that it will not spread to the United States and Europe. But of course the global financial system is more interconnected today than ever before, and a massive wave of debt defaults in emerging markets would inevitably have extremely serious consequences all over the planet. Read More
MOPE has failed and the world is about to implode economically and socially because of it. Your question to all of us has been when will all this happen. The answer is now. The means to this occurrence is accelerating uncontrollable volatility in the world fiat currency markets. The rise in the dollar here and now is due to Richard Russell’s thesis of the synthetic dollar short. This can be easily understood by remembering that the currency you borrow will fluctuate. If that movement is up, then you are at a loss considering where it was trading when your borrowed it. Read More
I think that paper money is in a secular bear market and that the institution of managed currency will be seen to be a species of pretense, if not outright intellectual fraud. And I use that word advisedly. And I think that come the dropping of the scales from the eyes of the money holders of the world, gold will do better against almost every currency.
We have written numerous times before about how the East is preparing for a return to some form of a gold standard while the West tries to hang on to a dying system of debt based fiat currency. And with the heads of the IMF and Bank of England are both signalling that the world is well underway towards the transition to a new global financial system, the battle lines are being drawn as to which side will win out.
I have had an interesting life, in the course of my retirement from business; my retirement happened somewhat by chance, in the year 1988; one Friday evening I presided a meeting of a group directors of Elektra, a Mexican company the property of my father and myself. We had had some 500 of these meetings in past years; they took place every two weeks. My son Richard was present, having been with the company since 1980. (He had arrived in 1980 from Dallas, Texas, looking for a post at Elektra, after being fired from his job – he had called his supervisor a fool, if not something worse. He was probably right in his judgment of his superior officer’s decisions, but of course saying what you think is not the best way to get along in business). Read More
In a world based on fake paper and fake electronic money as well as fake asset values, the real significance of gold has got lost. With endless credit expansion and money printing, all asset prices have exploded and investors have made fake profits that seem real. But the imminent secular downturn of debt and asset markets as well as the world economy will reveal how unreal these profits were as 90% or more of all the paper wealth in the world will go up in smoke. So investors should now prepare for the biggest wealth destruction in history and also the biggest wealth transfer. Read More
“Historically, the average bear market has lasted only 71 days,” he says. “As a result, most investors miss a major part of a market rebound when they shift into defensive sectors. They are slow to shift out of these defensive sectors and typically will lag overall market returns. We seek to consolidate into selected high-quality growth companies during market corrections.”
George lays the groundwork for an economics which places entrepreneurial creativity—the creator of prosperity—at the heart of the economy. It is an economics that appreciates the powerful connection between chaos and creativity, between the disorder and surprise which engender growth. This recognition is the first step toward changing the policies that govern our nation and affect entrepreneurs and investors.
What I think fed this perception by clients was that they thought these were normal markets. I graduated with a Finance degree in May 1982. The S&P 500 had only one negative year of return between 1982 through 1999, and that was 1990, and that was triggered by the start of the First Gulf War - and at the time, although we didn't know it, we were on the verge of the first banking crisis.
Tech stocks that have been the strongest performer so far this year, in the meantime, did snap a four-day losing streak on Sep 10. But, let’s admit that such stocks are vulnerable to trade-related issues. Trump himself urged Apple Inc APPL to shift its production from China to the United States. The trillion-dollar company said that tariffs on China would hurt its revenues and impact a wide range of its products.
Several comments have noted other media folks (Rush, etc) reference Sundance/CTH information without attribution. Perhaps thats a way of protecting Sundance/CTH. I’m kinda glad that no story has more than about 1,000 or so comments. Things we read here (and some cool twitters) weeks/months ago are finally finding their way into MSM a little bit. I know we want things now (and hopefully enough gets out before elections), but protection (as much as possible) of quality information source is quite imperative in these interesting days.
The world economy has been living on borrowed time since the 2006-9 crisis. The financial system should have collapsed at that time. But the massive life support that central banks orchestrated managed to keep the dying patient alive for another decade. Lowering interest rates to zero or negative and printing enough money to double global debt seem to have solved the problem. But rather than saving the world from an economic collapse, the growth of debt and asset bubbles has created a system with exponentially higher risk. Read More
As the stock markets continue setting records day after day, many investors are becoming more and more concerned about the potential over-valuation and a possible market correction. The widely-followed cyclically-adjusted price-earnings ratio (Shiller PE) reached 31.2, almost twice as much as the historical average of 16.8. While market valuation may not be a good timing indicator (see If Jeremy Grantham Has a Changing Heart on Value Investing, Should You?), does it have any impact on the severity of a bear market when it happens?
The nearly decade-long U.S. economic expansion may look a little long in the tooth, but it is not about to end due to old age. Economic expansions need a catalyst that triggers a downward spiral of consumer and business retrenchment. The most common recession catalyst for the United States has been the collision of rising interest rates with heavy debt loads, corporate valuations that appear to have run ahead of free-cash-flow generation, or both. Add trade tensions and geo-political uncertainties, which may work to slow global growth, and it seems like the current situation has the potential to trigger a recession. Read More
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.
For me, this is the most important part of George’s new economics. The entrepreneur must know that if his product or service succeeds at the market, it won’t be regulated out of existence. And the profits will not be taxed away. If he doesn’t have that assurance, the likelihood of turning his idea into a product or service is greatly diminished. That results in less entrepreneurial creations, which means less knowledge and wealth in the economy.
Third, the mostly toothless SEC has allowed the creation of all manner of leveraged tools (negative ETFS and put options) for hedging and shorting on DOWN-TICKS. This is something that was banned from 1934 to 2007 for good reason, viz. deepening the Depression. Did you know that even Herbert Hoover wanted to curb short-selling? But not our SEC. Not now. Hedge funds and big fund managers and wealthy investors can readily buy these leveraged shorts on indexes in a blink of an eye, without regard to the last tick. So, of course, they use them as the 65-dma has finally turned down and as support levels, one after another fail. We saw exactly what this can do to the market in October 1987. It fell 30%+ in three weeks back then. And the DJI was not so over-extended. It had been in a bull market for less than five years. But it did have a new Fed Chairman (Greenspan), just like now, who needed to be properly baptized and schooled by Wall Street under fire, so that he would be tamed, not rock the boat and be henceforth pledged to shore up the market if it again collapsed.
Velocity can also tell us about the long-term direction of bond yields. As velocity is a main determinate of nominal GDP, and yields track nominal GDP, Lacy believes that the secular low for interest rates are not in hand: “In my view, we will not see the secular low in interest rates until the velocity of money reaches its secular trough, and that is not something that’s going to happen soon.”
These also include companies that service the needs of businesses and consumers, such as food businesses (people still eat when the economy is in a downturn) and companies that sell basic consumer goods (people still need to buy toothpaste and toilet paper). In this same vein, it is the riskier companies, such as small growth companies, that are typically avoided because they are less likely to have the financial security that is required to survive downturns.
Not only does David explain the idea behind a bear market on this episode of Money For the Rest of Us, he also examines nominal yields and how they can be dissected into the expected path of future short-term interest rates and term premiums. While the drivers behind climbing interest rates cannot always be observed directly, these two main factors shed light on just how high interest rates could climb in the coming years. Also, learn how the Federal Reserve estimates the path of short-term of interest rates and why term premiums are countercyclical and tend to rise when there is a great deal of investor uncertainty.