Tuesday, March 24, 2015

These Are 2015's "Black Swans" According To SocGen



In light of the social and economic devolution of the world, it should hardly come as a surprise that as SocGen attempts to quantify the biggest Black Swans risks (and hopes) of 2015 (yes, a foolish endeavor since nobody can actually envision what a black swan may be, by its very definition an event that was predicted by no one), it notes that "political and financial risks now outnumber real economy risks."


Market Is Rigged, HFTs Are Harmful, And Nothing Will Change According To ConvergEx Survey





This Is What The Global Economy Got For $11,000,000,000,000 In QE











Federal Reserve Has No Plans To Raise Interest Rates

from LibertyMetals:
Gold prices have made gold and silver bugs very nervous in recent months and years. They have not shot to the moon as many have expected. But, considering the volatile nature of the dollar, and the sheer size of the global economy, it makes sense that the long-term secular gold market would unfold in just that manner – long-term.
Policy makers have spoken in doublespeak in order to obfuscate future policy plans, leaving investors guessing. This has cost many individuals millions, if not billions of dollars. The market does not react to supply-and-demand, but instead to the whims of policy makers.
Read More @ LibertyMetals.com




Orwell & Kafka Do America: How The Government Steals Your Money - "Legally," Of Course

Orwell and Kafka have come to America - a nation that once was a democracy and could once claim to live under rule of law. Wake up and smell the stench of a gilded gulag, America; we're living in one whether you care to admit it or not. Due process and rule of law have been replaced with "legalized" looting by government in America.




US Begins "Big Stick" Negotiations With Iran: Sends The "Big Ships" Into The Persian Gulf

Following its "visual to the world" message last night by test-firing an ICBM, America appears to shifting to 'big stick' diplomacy. Following Iran's naval drills last week (attacking a replica US aircraft carrier), Sputnik News reports that as the nuclear negotiations between Iran and the P5+1 nations come to a head, the US begins Eagle Resolve, a massive military exercise in the Persian Gulf. Eagle Resolve will involve tactical exercises from the US Army, Marines, and various other military branches "with simulated portions of the exercise based on a fictional adversary." Careful to ensure Obama does not lose his Nobel Peace Prize, a CENTCOM official explained, "the exercise is not intended as a signal to Iran."


Nice! U.S. Threatens The World With An ICBM Test-firing Today

by Dave Kranzler, Inevstment Research Dynamics:
Well, I woke up this morning, and I got myself a beer /The future’s uncertain, and the end is always near/Let it roll baby, roll/Let it roll baby, roll/Let it roll, aaaall night long! – Jim Morrison
“With these launches, we not only verify our processes and the ICBM (intercontinental ballistic missile) weapon system, we provide a visual to the world that the Minuteman III is capable of striking pretty much anywhere with extreme precision,” said Lt. Col Tytonia Moore of the 90th Missile Wing, based out of the Francis E. Warren AFB in Wyoming, according to the statement.
Read More @ InevstmentResearchDynamics.com
image/backpagecms.net


Be Informed And Watch Government ‘Like A Hawk!’

from Western Journalism:
It’s inevitable that citizens would often feel frustrated with their elected officials. After all, it’s impossible to please all the people all of the time; and if they are, they likely aren’t doing their job. But there is one thing that likely is felt universally by constituents of all ideological persuasions: our elected officials work for us and represent us and our interests; and they should never forget their role of serving in our behalf.
Every once in a while, something in our popular culture will capture such universally felt sentiments. Such was the case several years ago with a movie titled Protocol, starring Goldie Hawn (mother to actress Kate Hudson).
Read More @ WesternJournalism.com


"Not Off The Lows" - Stocks Slammed, Bonds Bid, & Copper Clubbed







They Are Slowly Making Cash Illegal

by Michael Snyder, The Economic Collapse Blog:
The move to a cashless society won’t happen overnight. Instead, it is being implemented very slowly and systematically in a series of incremental steps. All over the planet, governments are starting to place restrictions on the use of cash for security reasons. As citizens, we are being told that this is being done to thwart criminals, terrorists, drug runners, money launderers and tax evaders. Other forms of payment are much easier for governments to track, and so they very much prefer them. But we are rapidly getting to the point where the use of cash is considered to be a “suspicious activity” all by itself. These days, if you pay a hotel bill with cash or if you pay for several hundred dollars worth of goods at a store with cash you are probably going to get looked at funny. You see, the truth is that we have already been trained to regard the use of large amounts of cash to be unusual. The next step will be to formally ban large cash transactions like France and other countries in Europe are already doing.
Read More…

A Scientific Model Of What A Zombie Apocalypse Would Look Like (And Where Not To Hide)

















Why Yellen & The Feds Are Bubble Blind - They Apparently Believe Wall Street's EPS Scam

Janet Yellen noted that everything was awesome and that stocks were now slightly "on the high side" of their historical range. It appears no one showed her the Russell 2000 which has a valuation multiple of just about 90x LTM earnings (as reported by the 2000 companies which comprise the index, and which were certified as accurate by 4,000 CEOs and CFOs on penalty of jail time). The mystery of how the Fed remains so stubbornly bubble blind - just like it did during the dotcom and housing bubbles - is thus revealed. The self-evident reason is that the purported geniuses who comprise our monetary politburo drink the Wall Street Cool-Aid about forward ex-items EPS. The Fed is driving a two-ton bubble machine, but has no clue that it has become a financial death trap.




This Is The HFT "Malfunction" That "Roiled" The Market And Cost Citadel $70,000

Back on June 3, 2013, following what was merely the latest observation of how broken the market is thanks to central banks manipulation and HFT rigging, we wrote some snarky commentary.  And as happens with nearly 100% regularity nowadays, our snarky commentary on what takes place behind the scenes was once again almost 100% accurate. Because earlier today we learned precisely what happened...




New Home Sales Data Goes Full Retard With Report Frozen Northeast Saw 153% Surge

This is how ridiculous goverment data has become: in the same month in which both Housing Starts and Existing Home sales significantly missed expectations, misses which were promptly blamed on the weather, the Census Bureau moments ago released a stunner of a New Home Sales number, which supposedly rose from an upward revised 500K to 539K, a 25% spike from a year ago and up 7.8% from January, which incidentally is also the highest number since February 2008, even as the median home price dropped to the lowest since September.  All of this would be great... if it was remotely credible. It isn't.




George Soros Warns Greece "Is Going Down The Drain"

“Right now we are at the cusp," billionaire George Soros tells Bloomberg TV in this brief clip, the chances of Greece leaving the euro area are now 50-50 and the country could go "down the drain." The 84-year-old fears that talks between Greece and 'the institutions' could "break down," adding that  "Greece is a long-festering problem that was mishandled from the beginning by all parties," concluding that the chances of Greece leaving the euro area are now 50-50 and the country could go "down the drain." Finally, Soros notes, what worries him the most is Ukraine.




Short-Term Gains & Long-Term Disaster

It’s time for the Japanese to get seriously scared now. Like many other countries, Japan – and its political class – creates a false image of enduring prosperity by letting its central bank increasingly buy up ever more of its sovereign bonds. It’s a total sleight of hand, there is nothing left that’s real. There’s no there there. This is of course the same as what happens in Europe. And it’s precisely because central banks buy up all these bonds, that their yields scrape the gutter. It’s a blueprint for killing off the last bit of actual functionality in an economy. 

Interest Rates and the Future of Gold

by Jeffrey Nichols, Gold Seek:
From day to day and week to week, short-run fluctuations in the price of gold have, of late, been driven almost entirely by expectations of prospective Federal Reserve monetary policies, particularly with respect to short-term interest rates.
In turn, these expectations have been driven by the flow of economic data and the somewhat opaque and contradictory comments by one or another Federal Reserve official.
Here’s what’s going on: signs of an improving economy lead the gold and financial markets to expect the Fed will begin raising interest rates sooner rather than later – a negative for gold and a plus for the U.S. dollar.
Read More @ GoldSeek.com
image/gstatic.com/


Shadow of Truth – Jim Willie CB: An Acceleration Of The Global Power Shift

[Ed. Note: Jim Willie starts at 5:00]
by Shadow of Truth, The Daily Coin:



January was just loaded with big events…the door was opened to a number of different channels working simultaneously for bringing about what I call the global paradigm shift and that’s basically the retirement of the dollar and the reinstallation of the gold standard both in trade and in banking. – Jim Willie
Several events have emerged early this year which are symbols of the historic shift of power – economic, political and military – from west to east.  Perhaps the most visible symbol of this is the massive transfer of physical gold moving from western Central Bank and investment vaults into the massive new vaults erected in Singapore, Hong Kong and Shanghai.
Read More @ TheDailyCoin.org


Richard Russell: A World On The Edge Of Chaos – “God Help Us”

from KingWorldNews:
Richard Russell: “It’s 1945. It’s VE Day, and Germany has surrendered to the Allies unconditionally. I’m fast asleep in my tent in Senegalia, Italy. Suddenly I hear the sound of drums, and the very ground beneath me begins to throb. I rush out of my tent and ask the nearest officer what’s going on. He tells me that the war in Europe is over, and it’s celebration time. I look ahead of me and there I see a strange sight. “What’s going on?” I ask.
The officer smiles and tells me, “Those are the Swazi warriors. They’re in the British army, and they’re celebrating that the war is over.” They’ve all kept their native uniforms in their barracks bags. Most of them have had a few drinks and now they’re doing their native victory dance. Four of them (not shown) are beating on drums. The dance lasted from morning till mid-afternoon.
Richard Russell Continues @ KingWorldNews.com


IMPORTANT GOLD CHART: Every Investor In The West Needs To See

from SRSrocco Report:
The Western powers are in serious trouble. The once great British Anglo-American Empire, the envy of the world, now resembles more of a phony Hollywood Set backed by a mountain of worthless derivatives and debt. The only thing holding up the Western Financial Empire’s House of Cards is faith that market will continue to believe increasing debt and monetary printing are practical solutions for long-term prosperity.
I imagine there is a limit to the level of INSANITY these markets can reach. Here is one chart that perfectly describes how this insanity has impacted investors in the top Western countries:
Read More…


The Saker interviews Paul Craig Roberts

from The Burning Platform:
The Saker: It has become rather obvious to many, if not most, people that the USA is not a democracy or a republic, but rather a plutocracy run by a small elite which some call “the 1%”. Others speak of the “deep state”. So my first question to you is the following. Could you please take the time to assess the influence and power of each of the following entities one by one. In particular, can you specify for each of the following whether it has a decision-making “top” position, or a decision-implementing “middle” position in the real structure of power (listed in no specific order)
Who, which group, what entity would you consider is really at the apex of power in the current US polity?
Read More @ TheBurningPlatform.com

When Are You Going to Get “As Mad As Hell” and Do Something?

by Dave Hodges, The Common Sense Show:
Howard Bloom, Yale literature professor and cultural critic, recently stated “I am 79 years old and I have never seen this country in such a bad state. It is madness. What we are seeing is the fall of the Roman Empire, only now it is the fall of America, the glory of our Empire.”
Ebola is threatening to make a comeback sweep across America. The United States sits on the brink of World War III. The economy is teetering on collapse. The JADE HELM 15 forces sit poised to wreak havoc in the Southwest. The Chinese are on the verge of owning your possessions and you and this arrangement was agreed to by people who were elected to “protect and defend the Constitution”.
Read More @ TheCommonSenseShow.com

Mainstream U.S. Writers Call for Supporting Al Qaeda and ISIS

from Washington’s Blog:
Initially, Barak Mendelsohn – an Associate Professor of Political Science at Haverford College, a Senior Fellow at the Foreign Policy Research Institute, and a five year veteran of the Israeli army – argues in the Council on Foreign Relations’ publication Foreign Affairs that the U.S. should support Al Qaeda … as a way to counter ISIS:
The instability in the Middle East following the Arab revolutions and the meteoric rise of the Islamic State of Iraq and al-Sham (ISIS) require that Washington rethink its policy toward al Qaeda, particularly its targeting of Zawahiri.
Read More @ WashingtonsBlog.com
image/nbcnews.com

/

No comments:

Post a Comment