Sunday, February 28, 2016
Technology Company Layoffs in Early 2016
Famous last words: "This time it's different..." It's never different.
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/02/24/tech%20layoffs.png
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/02/24/tech%20layoffs.png
Labels:
Early 2016,
layoffs,
Technology Company
Saturday, February 27, 2016
Friday, February 26, 2016
Thursday, February 25, 2016
Negative interest rates in the US? Just ask the FDIC.
When I was giving presentations on imminent bank bail-ins in 2013, I specifically pointed out inadequate FDIC funds. Simon Black confirms the numbers today.
https://www.sovereignman.com/trends/negative-interest-rates-in-the-us-just-ask-the-fdic-18723/
https://www.sovereignman.com/trends/negative-interest-rates-in-the-us-just-ask-the-fdic-18723/
Labels:
FDIC.,
negative interest rates,
US
Wednesday, February 24, 2016
Gold Is Breaking Out; Goldman Stumped
http://www.zerohedge.com/news/2016-02-24/gold-breaking-out-leaving-goldman-stumped
Translation: "sell your gold to us" because as usual things are not working out quite as expected for Goldman's clients who listened.
- CNBC: "You would fade this whole gold hike?"
- Goldman's Jeff Currie: "Absolutely"
Labels:
Breaking Out; Goldman,
gold,
Stumped
Tuesday, February 23, 2016
Thursday, February 18, 2016
Paul Craig Roberts – The Frightening Truth About What Is Really Happening In The United States
This, in a nut shell, describes what is very wrong with the US economy. Notice he blames both the liberal left and neoconservative right.
http://kingworldnews.com/paul-craig-roberts-the-frightening-truth-about-what-is-really-happening-in-the-united-states/
http://kingworldnews.com/paul-craig-roberts-the-frightening-truth-about-what-is-really-happening-in-the-united-states/
Sunday, February 7, 2016
Saturday, February 6, 2016
Wednesday, February 3, 2016
Friday, January 29, 2016
The Golden Constant
The cost of the book "The Golden Constant" is selling for over $100 on Amazon.com. I wonder how much it will cost when gold is $5000/oz/?
http://www.amazon.com/The-Golden-Constant-Experience-1560-2007/dp/1847202616
http://www.amazon.com/The-Golden-Constant-Experience-1560-2007/dp/1847202616
Labels:
Golden Constant
Asset Expense Index
http://www.debtcrash.report/all-posts-list/all-post-list/entry/asset-price
All of the investible silver in the world is under 20 billion dollars, but comparing the current silver price to median income is informative. Using this metric silver appears fairly valued.
Thursday, January 28, 2016
Something Snapped At The Comex
http://www.zerohedge.com/news/2016-01-26/comex-snaps-gold-dilution-hits-record-542-oz-gold-claims-every-ounce-physical
the 40 million ounces of gold open interest and the record low 74 thousand ounces of registered gold imply that as of Monday's close there was a whopping 542 ounces in potential paper claims to every ounces of physical gold.
Tuesday, January 26, 2016
Gold Fund Manager Laments The Big Payoff "Will Not Be Cause For Celebration"
The article is mildly informative, with the most relevant message being "don't gloat when the price of gold is soaring (because you will be a target) as the world won't be such a friendly place" meme. The more interesting insights come from the Comments section.
http://www.zerohedge.com/news/2016-01-25/gold-fund-manager-laments-big-payoff-will-not-be-cause-celebration?page=2
http://www.zerohedge.com/news/2016-01-25/gold-fund-manager-laments-big-payoff-will-not-be-cause-celebration?page=2
Labels:
Big Payoff,
Cause,
Celebration,
gold fund,
Laments
Sunday, January 24, 2016
Saturday, January 23, 2016
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