Showing posts with label warns. Show all posts
Showing posts with label warns. Show all posts

Thursday, July 12, 2018

Tuesday, September 19, 2017

Biggest Hedge Fund Manager In The World Warns "Bitcoin Is A Bubble", Says Gold Is Money

When you're the biggest hedge fund manager in the world, you by definition, cannot be a conspiracy theorist (as gold bugs have been accused of). Having said that, while I don't agree with everything he says about Bitcoin, my opinions about gold certainly align with his.
http://www.zerohedge.com/news/2017-09-19/ray-dalio-says-bitcoin-bubble

Tuesday, August 1, 2017

Greenspan Fears Imminent Stagflationary Slump, Warns The Bubble Is In Bonds Not Stocks

Will mainstream Keynesian economists (which is redundant since 99% of economists are Keynesian) and the indoctrinated masses label former Fed Chairman Greenspan a chicken little and delirious gold bug?  He's advocating a return to the gold standard, and forecasting stagflation.

This is coming from a man who was the ultimate Keynesian and dubbed the "Maestro" because he was so deft at printing virtually unlimited "stimulus" dollars.  Now that he's 91 years old, I'm sure his former allies will label him a decrepit, old, has-been scholar.

By the way, Austrian economists have been saying the bond market is the mother of all bubbles for quite a while.  They will be proven right, if early.

http://www.zerohedge.com/news/2017-08-01/greenspan-fears-stagflationary-slump-imminent-warns-bubble-bonds-not-stocks

Thursday, June 29, 2017

Treasury Will Run Out Of Cash In Mid-October, CBO Warns

The US government is Illinois 2.0 on steroids.  The key difference being, of course, the US Treasury and Fed will just create more dollars out of thin air, and Congress will just raise the debt limit, kicking the can down the road further.  The problem is one day, that can will be a boulder.

http://www.zerohedge.com/news/2017-06-29/treasury-will-run-out-cash-mid-october-cbo-warns

Saturday, October 1, 2016

OECD Warns Fed, BOJ, ECB of Asset Bubbles, “Risks to Financial Stability,” Pinpoints US Stocks & Real Estate

http://wolfstreet.com/2016/09/21/oecd-warns-fed-boj-ecb-of-asset-bubbles-risks-to-financial-stability-pinpoints-us-stocks-real-estate/
Financial instability risks are rising, including from exceptionally low interest rates and their effects on financial assets and real estate prices.”
Low interest rates underpin widespread and substantial increases in asset prices, both internationally and across asset classes, which increases the likelihood and vulnerability of a sharp correction in asset prices.
A reassessment in financial markets of interest rates could result in substantial re-pricing of assets and heighten financial volatility even if interest rates were to remain below long-term averages.
This is as close to code speak by financial authorities that markets are about to crash.

Wednesday, September 7, 2016

IRS Warns Against Keeping IRA Funds In Gold At Home

My only comment regarding storing physical gold inside an IRA is analogous to the wolf guarding the hen house.  Sure, it's legal to do so, but why would you?

http://www.zerohedge.com/news/2016-09-07/irs-warns-against-keeping-ira-funds-gold-home

Thursday, March 3, 2016

"It Hasn't Been This Bad Since The Viking Age": Dry Bulk CEO Warns Of Bankruptcy Tsunami, Counterparty Risk

When global trade plummets (and it IS collapsing, despite political rhetoric), companies file bankruptcy, banks collapse, people lose their jobs, and people starve.  Result:  war.

http://www.zerohedge.com/news/2016-03-03/dry-bulk-ceo-warns-bankruptcy-tsunami-we-havent-seen-market-bad-viking-age

Friday, April 17, 2015

"We're All Frogs In Boiling Water" Santelli Says After Lacy Hunt Warns "This Is Far From Over

http://www.zerohedge.com/news/2015-04-17/were-all-frogs-boiling-water-santelli-says-after-lacy-hunt-warns-far-over

debt is an increase in current consumption in exchange for a decline in future spending and we are not going to solve this problem by taking on more and more debt.