Showing posts with label next. Show all posts
Showing posts with label next. Show all posts

Tuesday, June 27, 2017

How Will Gold Perform During The Next Global Financial Crisis?

http://kingworldnews.com/how-will-gold-perform-during-the-next-financial-crisis/
A possible explanation for the negative correlation between gold and the dollar may be found in the attribute as a safe asset in crisis situations. Although the dollar and gold may superficially be considered substitutable, a closer examination reveals a different picture. In local crises, the US dollar is seen as a desirable asset by many market participants because the survival of the fiat money system as such is not questioned.

It is different in the case of systemic crises. In these situations, confidence in fiat currencies and the banking system is shaken and many market participants pay heed to gold’s historical function as money. Particularly in systemic crises, gold is perceived to maintain its value, while paper money is in danger of becoming completely worthless.

Saturday, June 13, 2015

Is Deutsche Bank the next Lehman?

http://notquant.com/is-deutsche-bank-the-next-lehman/
The nature of all fractional-reserve banks — who are by definition bankrupt at all times – is to project an aura of stability until that illusion has already begun to implode.

Wednesday, June 3, 2015

Presenting The Next Great Source Of Middle Class Prosperity

Prior to the subprime mortgage bubble, households were using their home equity as ATM machines.  Today, it is possible to use one's automobile as collateral for more cash out loans.

So we have the student loan bubble to deal with.  Margin credit in investment accounts are soaring to all-time highs.  A roaring bond market bubble created by suppressing yields to zero.  A re-inflating bubble in certain real estate markets.  And now an auto loan credit bubble.

Awesome.

http://www.zerohedge.com/news/2015-06-03/presenting-next-great-source-middle-class-prosperity

Tuesday, March 10, 2015

Next Mega-Bailout On Deck: White House Studying "New Bankruptcy Options" For Student-Loan Borrowers

Politicians just don't get it.  Read the paragraph I have emphasized below.

http://www.zerohedge.com/news/2015-03-10/next-mega-bailout-deck-white-house-studying-new-bankruptcy-options-student-loan-borr
And since there is no such thing as a free lunch, it will be the US taxpayer who will as usual end up footing the bill. Expect college fees to go vertical once deans and administrators understand that they can charge anything and the taxpayer will end up footing the bill.

Monday, July 22, 2013

Bo Polny: June 28, 2013, Dawn of the Next Gold Bull

I met Bo at the Jim Sinclair event in Los Angeles.  I am not in any way connected with him, nor am I endorsing his service, but he appears to have a good handle on the price movements of gold.  My only concern is he tracks GLD, which may decouple from the price of physical gold at some point.

Bo is calling the June 28 low a major secular bottom for gold.  We shall see.

Click on Image to Enlarge

Tuesday, March 5, 2013

Gold And The Next Great Monetary Easing

Wow, a Morgan Stanley analyst is bullish on gold.  That's enough to get one fired on Wall Street.


http://www.zerohedge.com/news/2013-03-05/gold-and-next-great-monetary-easing