Monthly Archives: June 2015

Central Bank Forum Admits Broad Failure Of Central Bank Policy

Established on 17 May 1930, the Bank for International Settlements (BIS) is the world’s oldest international financial organisation. The BIS has 60 member central banks, representing countries from around the world that together make up about 95% of world GDP. So it … Continue reading

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Institutional Failure. Historic Investment Decisions.

“Americans’ confidence in most major U.S. institutions remains below the historical average for each one,” a Gallup spokesman said in a news release. All in all, it’s a picture of a nation discouraged about its present and worried about its … Continue reading

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Silver Miner Calls Out The CFTC

One of the world’s largest silver miners describes why he wrote an open letter to the CFTC. To date there has been no response. Here is the interview out today explaining why an extraordinary situation has become common practice. Here is a copy … Continue reading

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Inevitable Instability As Banking Dystopia Overwhelms Markets

“He doth bestride the narrow world like a Colossus; and we petty men walk under his huge legs, and peep about to find ourselves dishonorable graves.” Shakespeare (Julius Caesar, Act 1, Scene 2) The banking system has now become a … Continue reading

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Earned Consumption Recession. Bond Decoupling And Debt Fragility.

The chart above  shows that Personal Consumption Expenditure (PCE) after auto loans, student loans, and personal government subsidies “has been trending down for 5 years and has now gone negative.  And this doesn’t filter out revolving credit or it would … Continue reading

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Surviving Financial Repression

  The distortions and dysfunction in markets have reached a point where it has become essential to recognize that the financial system has become a system of financial repression (FR). While this viewpoint has been openly discussed for some time, as described below, … Continue reading

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Economic Cannibalism and Perception Prison

The heading chart shows two different pictures of the US economy. Which one are you in? Even in the higher chart above the economy is performing very poorly relative to its long term trend. <img src=”http://static1.squarespace.com/static/52c4c212e4b019e1bba20f52/t/556aa13ce4b08ba26c0da464/1433051452896/” /> A simple log chart of real GDP by … Continue reading

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