Showing posts with label worried. Show all posts
Showing posts with label worried. Show all posts

Thursday, April 28, 2016

Why Is JPM's "Quant Guru" Suddenly Worried About The "Endgame"


http://www.zerohedge.com/news/2016-04-28/why-jpms-quant-guru-suddenly-worried-about-endgame
"If investors lose confidence that the debt can ever be repaid, they will reduce their holdings, increasing the cost to governments or inviting more central bank buying. This can eventually result in the devaluation of all currencies against real assets such as gold, high inflation or even outright defaults (as was the case in Greece). If such a trend develops in one of the large economies, it could have far-reaching consequences." - Marko Kolanovic, Global Head of Quantitative and Derivatives Research at J.P. Morgan

Gold bugs like myself have been ranting about this for years. It's a bit surprising that the head of JPMorgan's quant fund is echoing these concerns. The tide is turning, and the mad rush to precious metals has begun. One exit, trillions trapped in the fiat currency matrix. Grab the popcorn, folks.

Friday, December 5, 2014

Worried About Gold / Silver Price Action - Just Read This

The Fed is in a debt trap.  It can't reduce interest rates any lower due to the zero-bound.  And it can't raise rates because of the mountain of debt, causing the servicing of that debt to be insurmountable.

So it must continue down the path of creating more debt in a futile attempt to solve the debt problem.  They're merely kicking the Ponzi can down the road--until the next elected officials can no longer do it, and the bond market vigilantes push back with higher yields.

Any 2nd grader can see how unsustainable this path is.  It never ends well.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/12/5_Worried_About_Gold___Silver_Price_Action_-_Just_Read_This.html

Sunday, July 21, 2013

G-20 Nations Worried About Unwinding QE3

As we've posited numerous times, there will be no unwinding of QE, despite jawboning by central bankers.  Unwinding QE means markets collapse overnight.  Hence, QE to infinity will rule the day.

http://www.bloomberg.com/video/g-20-nations-worried-about-unwinding-qe3-dYhLnaSISLe0pBeOwGo4zw.html