Stocks Have Rallied Based on Hope (Nothing’s Changed)
What a different four weeks makes. Four weeks ago, the S&P 500 had just taken out critical support. Everyone was panicking that the market was about to implode. At that…
What a different four weeks makes. Four weeks ago, the S&P 500 had just taken out critical support. Everyone was panicking that the market was about to implode. At that…
The Fed Vice-Chair has begun laying the groundwork for NIRP. The US Federal Reserve is obsessed with market reactions to its policies. Because of this, anytime the Fed plans to…
For six years, the world has operated under a complete delusion that Central Banks somehow fixed the 2008 Crisis. All of the arguments claiming this defied common sense. A 5th…
Yesterday we outlined that Central Banks’ War on Cash is about to go into Hyperdrive. Today we’re discussing just the policies Central Banks are already working to implement to eviscerate…
The global Central Banks have declared War on Cash. Historically, one of the safest things to do when the markets begin to collapse is to move a significant portion of…
The US markets are in a quandary. On the one hand, some of the data (GDP growth, unemployment, etc.) suggests the Fed should continue to hike rates. On the other…
In the last month, we’ve had two major confessions from Central Bankers. We’ve already detailed the first, which came from the Head of the Bank of Japan, Haruhiko Kuroda. The…
At this point the manipulations are getting ridiculous. “Someone” decided to step in a prop up stocks yesterday. How do we know it was a market prop and not real…
The Fed Vice-Chair has begun laying the groundwork for NIRP. The US Federal Reserve is obsessed with market reactions to its policies. Because of this, anytime the Fed plans to…
Almost every other day I read an article telling me that owning Gold is dumb or that Gold is doomed as an investment. These articles would be useful or insightful…
It would be a lot easier to be bullish today if the entire financial system wasn’t based on fraud and BS. Every explanation we see regarding the bull market in…
A growing number of investors are beginning to realize that Central Banks are effectively out of ammo (for now). Last week I noted that the Bank of Japan’s implementation of…
Quietly as an aside in a speech, the Head of the Bank of Japan, Haruhiko Kuroda, confessed that QE has little if any impact on GDP growth. I touched upon…
Something absolutely astounding has happened. Three weeks ago, the head of the Bank of Japan, Haruhiko Kuroda stated that Japan has a “potential growth rate of 0.5% or lower.” By…
Last month, the Bank of Japan implemented Negative Interest Rate Policy, or NIRP. It is the second Central Bank to do so. The European Central Bank or ECB first went…
The War on Cash is now going into hyper-drive. In the last 24 months, Canada, Cyprus, New Zealand, the US, the UK, and now Germany have all implemented legislation that…
For over six years, the markets have been moving based on Central Banker actions and words. The first phase (2009 to 2013) was dominated by action (ZIRP and QE). The…
Almost every other day I read an article telling me that owning Gold is dumb or that Gold is doomed as an investment. These articles would be useful or insightful…
The Central Banks hate physical cash. So much so they there will likely try to ban it in the near future. You see, almost all of the “wealth” in the…
Yesterday we outlined that Central Banks’ War on Cash is about to go into Hyperdrive. Today we’re discussing just the policies Central Banks are already working to implement to eviscerate…