Thursday, February 4, 2016

Bonds & Bullion Best As Dollar Crashes To 4-Month Lows











More "P"onzi-2-"P"onzi Blowups "Just A Matter Of Time" In China, Experts Warn

With some 1,000 of the 3,600 P2P sites operating in China deemed "problematic", it's not a matter of if we see another Ezubo, but rather a matter of when.
"The harm is obvious. It's going to damage financial reforms, cause social unrest and destabilize the regime to some extent."



If Earnings Were "OK" And "We Are In A Bull Market", This Would Not Happen






A Preview Of This Weekend's Event That Could Unleash A "Vicious Bear Market Rally"

"... if China FX reserves data is better than expected, we think a bear market rally is likely to be vicious."



Have Stocks Priced In A Recession? (Spolier Alert: Not Even Close)

"Based on current valuations, the prices of most stocks don’t appear to have factored in a recession scenario, ‘hence the downside should we see a recession could be rather severe',... the shares of most companies could still fall another 50% or more from current levels."



LinkedIn Crashes To 18-Month Lows After Slashing Guidance

Bloodbathery.. it seems at full employment no one needs a new job... or wants to hire? LNKD is downover 20% in the after-hours following a drastic guidance cut. This crashes the stock to its lowest since July 2014...



The Latest Hedge Fund Casualty: Standard Pacific Capital Is Liquidating

We continue to expect many more marquee 2 and 20 collecting asset managers to call it a day in the coming weeks and months as nobody can even pretend this central bank dominated, HFT-rigged "market" makes any sense any more.



World's Biggest Containership "Hard Aground" As Baltic Dry Crashes Below 300 For First Time Ever

Before this year the lowest level The Baltic Dry Index had reached was 556 in August of 1986 and the highest was in June 2008 at a stunning 11,612. Today saw the freight index hit a new milestone however, crashing through the 300 barrier for the first time ever - at 298, this is almost 50% below the previous record low. But it's not just commodities and the Baltic Dry that stalled, as gCaptain reports, one of the world’s biggest containerships is hard aground in Germany’s Elbe River leading to the port of Hamburg.



"The Worst Case Scenario Is Already A Reality": Minnesota's Mining Country Is "Melting"

With all of the focus on oil, not much attention has been paid to the impact the commodities downturn has had on other things people pull out of the ground in North America. Courtesy of the Washington Post, we get an in-depth look at the dramatic effect slumping demand and acute overcapacity in China has had on one corner of America’s Heartland: Minnesota's "iron ridge."



Obama Proposes $10/Barrell Oil Tax To Fund Government Transportation Spending

"It's a supply issue", "No, it's a demand issue" - when it comes to the cause for plunging oil prices, the two camps will surely never agree on just what is causing it. Luckily, Obama may provide just the tiebreaker.



Congress Wants To Turn The US Postal Service... Into A Bank

The Postal Service desperately needs cash. So what better way to raise capital than to sucker unsuspecting Americans into opening up Postal bank accounts? There’s a term for this. It’s called a Ponzi Scheme.



"HY Primary Markets Are All But Shut" - What Keeps BofA's Junk Bond Analyst Up At Night

"HY primary markets are all but shut except for very high quality issuers. And if this trend continues for a while (the probability of which in our opinion is very high), we could envision a world where enterprises, big and small, find it harder to acquire financing across all industries, leading to widespread defaults, even outside of commodities."



Sweden: Death By Immigration

Mass immigration is continuing to claim victims in Sweden. Murder, assaults and rape have become everyday occurrences in this small country, with a population just short of ten million, which last year opened its doors to almost 163,000 immigrants. The atmosphere on Swedish social media is now almost revolutionary.



Saudi Arabia "Ready To Send Ground Troops To Syria"

Proxy war no more. Saudi Arabia and Iran are set to have troops fighting in the same country.




The Real Reason For Oil's Crazy Volatility This Week

The volatility in crude oil trading has reached the highest levels since Lehman's systemic crisis in 2008. Intraday swings of 5-10% are now de rigeur with OPEC and geopolitical headlines jockeying for narrative amid collapsing fundamentals.. but there is another, much bigger driver of this sudden chaos. As Reuters reports, the sudden liquidation of a $600 million triple-levered fund bet on falling prices wreaked havoc through the entire crude complex.



The Bond Market Is Waiting For A Further Correction In Equity Prices

While equity prices and this bond spread moved in fairly close lockstep from 2008-2013, this relationship has been diverging since the middle of 2014. The widening of this spread also doesn’t bode well for a turnaround in industrial production anytime soon.


The science is settled: Glyphosate causing a wave of chronic disease across America

by Sarah Landers, Natural News:

A recent study conducted by Dr. Nancy Swanson and the President of the International Federation of Organic Agriculture Movements (IFOAM), Andre Leu, has reinforced what many have been convinced of all along: glyphosate, the main ingredient in Monsanto’s herbicide Roundup, is lethal. Their correlation study determined that it’s lethal even in small amounts, debunking the notion in which some people suggest that its levels are so low that it can’t possibly damage health.
The study, titled “Genetically engineered crops, glyphosate and the deterioration of health in the United States of America,” was published in the Journal of Organic Systems. First, United States government databases were reviewed to find GE crop data, disease epidemiological data and glyphosate application data. Then, the team conducted correlation analyses on 22 diseases in these data sets which revealed the disturbing discovery that the ingredient is indeed wreaking havoc on people’s health.
Read More

Why to be a Prepper: 8 Realistic Threats you should be Ready For!

from Off Grid Survival:

Do you consider yourself to be a prepper? Are you ready to defend your house, protect your family, and protect those you love from danger?
Over the years preppers have got a bad rap. Often portrayed as tinfoil hat conspiracy theorists waiting for the end of the world, the mainstream media has done a serious disservice to those who are just trying to protect the ones they love from the very real dangers that are out there.
If you have given up on prepping, or think it’s only for those who are preparing for some end of the world disaster to strike, you need to consider these eight very real threats that everyone should be prepared for.
Read More

The Global Conspiracy to Ban Cash: “Regulated, Restricted and Phased Out” Of Existence

by Mac Slavo, SHTFPlan:

If you’ve ever wanted to live in a world where bankers hold all the power, not just over money but over people too, then you have a lot to look forward to.
They have planned the future in secret, and cash is not in the plan.
The future will hold plenty of new gadgets and technology to play around with, and the digital revolution will created new developments even Ray Kurzweil can hardly dream of.
But the future will hardly be free. With the going trend, cash is about to be a thing of the past, apart from underground transactions and black market purchases.
Read More



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