Currencies
Jan 5th, 2009 |
By James Howard Kunstler |
Category: Currencies, Featured, International, Macro Economics
This is the "other shoe" that a lot of people are waiting to drop. Right now we are caught up in a compressive debt deflation as mortgages stop "performing" and loans of all kinds are welshed on. Since money is loaned into existence, and a great many loans are not ...
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Tags: debt deflation, geopolitics, government, inflation
Posted in Currencies, Featured, International, Macro Economics |
11 comments
Dec 11th, 2008 |
By James Howard Kunstler |
Category: Currencies, Economics, Featured, Oil
In the twilight of the Bush days, in the twilight of the twilight season, a consensus has formed that we are headed into a long, dark passage leading we know not where. Even CNBC's Lawrence Kudlow has been reduced to searching for stray "mustard seeds" of hope on hands and ...
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Tags: financial, money, Oil
Posted in Currencies, Economics, Featured, Oil |
7 comments
Oct 31st, 2008 |
By Adrian Ash |
Category: Commodities, Currencies, Gold, Macro Economics
“...It’s always darkest before it’s pitch black...”
You might like to know, if you put store by such things, that the U.S. stock market just sank to a 14-year low against gold.
With the Dow Jones index dipping below 9,000 last week, the price of gold held near $850 an ounce — ...
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Tags: Dollar-price of All Assets, Dow Price in Gold, Dow/Gold Ratio, Stock Market Sank, Stock Prices-in-gold
Posted in Commodities, Currencies, Gold, Macro Economics |
No Comments »
Oct 27th, 2008 |
By Adrian Ash |
Category: Currencies, Economics
“You can’t blame the king of Persia for printing up money no one could trust. His neighbors in China were doing the same, after all, and with the same inevitable consequences, too...”
Creating money from nothing to try and keep the economy stoked is far from a modern invention.
Mistaking extra money ...
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Tags: History of Money Creation, Printing the Chao, Use of Paper Money
Posted in Currencies, Economics |
No Comments »
Oct 17th, 2008 |
By Byron King |
Category: Currencies, Energy
Welcome to Murphy’s Market.
If you sold out of the stock market last year — or even back in June or early July 2008 — you probably feel pretty good right now. And if you took the cash and spread it around to a group of well-run banks, so as to ...
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Tags: declining oil prices, expensive oil, Outstanding Investments, resource investment, stronger dollar, weak dollar
Posted in Currencies, Energy |
No Comments »
Oct 14th, 2008 |
By Ed Bugos |
Category: Currencies, Economics, Gold
The title of this alert just means the value of something is what the market says it is. It does not mean that value won’t change tomorrow, and it does not mean that if the direction of the market changes tomorrow, it was wrong about today.
If the market says that ...
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Tags: deflation and the gold market, deflation as Fed Policy, Fed's money supply, stock market charts, US dollar
Posted in Currencies, Economics, Gold |
No Comments »
Oct 9th, 2008 |
By Dan Amoss |
Category: Currencies, Economics, Macro Economics
Out of the thousands of hedge funds in existence, hundreds are closing up shop and liquidating, if the latest trading action was any indication. Many of these hedge funds should never have been started to begin with, because their illusory gains during the credit bubble were too often made with ...
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Tags: credit markets, Federal Reserve, hedge funds, investment portfolios, Treasury Bonds
Posted in Currencies, Economics, Macro Economics |
No Comments »
Oct 6th, 2008 |
By Whiskey Contributor |
Category: Currencies, Economics, Politics
In 1913, President Woodrow Wilson was successful in publishing the Federal Reserve Act through Congress. The act allowed the government to establish the third central bank in the nation’s history.
Think of the Fed as the bank of banks, and the government’s bank — the gatekeeper of the U.S. economy. The ...
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Tags: gold standard, I.O.U.S.A, inflation, Paul Volcker, stagflation, U.S. fiat currency
Posted in Currencies, Economics, Politics |
No Comments »
Sep 25th, 2008 |
By Lord William Rees-Mogg |
Category: Currencies, Economics, Macro Economics
For about 10 years, Simon Jenkins and I were both writing columns for the London Times. Simon is still writing a column for The Sunday Times, but has shifted his weekly column to The Guardian. However, he has written something in The Sunday Times that has provoked a very interesting ...
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Tags: $700 billion bailout, Glass-Steagall Act, limitations of a bailout
Posted in Currencies, Economics, Macro Economics |
No Comments »
Sep 12th, 2008 |
By Byron King |
Category: Currencies, Oil
I just returned from New York City, where I had a unique perspective on the unfolding event of Hurricane Gustav. I spent Monday and Tuesday of this week as a guest in the studios of the Fox Business Network, at the corner of 47th Street West and Avenue of the ...
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Tags: dollar and oil prices, Hurricane Gustav, oil industry, oil prices
Posted in Currencies, Oil |
No Comments »
