Frontrunning: September 11
Obama orders U.S. airstrikes in Syria against Islamic State (Reuters)Obama Relying on Mideast Allies to Counter Islamic State (BBG)Scotland Nationalists Claim U.K. Oil in 40-Year Campaign (BBG)Scottish...
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90% Of Hedge Fund Managers Are Overpaid Relative To "True Talent"
With plunging dispersion (across stocks returns) and soaring beta to the market, it appears an increasing number of hedge fund investors believe the masters of the universe aren't worth the money. As...
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China Holds “Gold Congress” - Positioning Itself As Global Gold Hub, “In...
China Gold Congress in BeijingThe China Gold Congress is currently in full flight in Beijing. The three day Congress is China’s biggest gold industry event of the year, drawing in participants from...
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The Death Of Deflation In The Central Bank Era
At a global aggregated level deflation has been non-existent over the last 80 years. Prior to the twentieth century, Deutsche Bank notes that years of deflation were almost as common as years of...
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End Of Empire - The 'De-Dollarization' Chart That China And Russia Are...
History did not end with the Cold War and, as Mark Twain put it, whilst history doesn’t repeat it often rhymes. As Alexander, Rome and Britain fell from their positions of absolute global dominance, so...
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Meet The Bubblebusters: Federal Reserve Launches A Committee To "Avoid Asset...
Just when we thought that the Fed is pulling an Obama and has "no strategy" to deal with what not some fringe blog but Deutsche Bank itself proclaimed was the bubble to end, or rather extend, all...
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"Low Volatility Everywhere" - BIS Sounds Alarm Alert On Pervasive Complacency...
Here comes another BIS report, and another stark warning by the central banks' central bank, the Bank of International Settlements, best known for selling gold at key inflection points, that not only...
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What Happens When "Scotland" Comes To Spain?
Friday saw the largest demonstration in the history of Barcelona with 1.8 million people showing up, exceeding all previous records, calling for Catalan independence... As Martin Armstrong notes,...
View ArticleFrontrunning: September 15
Snow is coming: OECD Cuts Economic Growth Forecasts (WSJ)World waits for white smoke from U.S. Fed (Reuters) - Understandable error: they meant "green"Scots Breakaway at 45% Odds as Economists Warn of...
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Why Scotland Has All The Leverage, In One Chart
As Scotland prepares to vote for or against Independence from the Union on Thursday, it appears everyone has an opinion on what may, what should and what will happen. At the basis of every such opinion...
View ArticleFrontrunning: September 16
Thank you market Chief Risk Officer Bernanke/Yellen: Calpers to Exit Hedge Funds, Divest $4 Billion Stake (BBG)World stocks hit one-month low, caution ahead of Fed (Reuters)U.S. Efforts to Build...
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The "Calpers vs Hedge Funds" Debate In Just Two Charts
While some are shocked by Calpers' decision to abandon hedge funds as an investment class (the first of many such "exits"), there really should be no surprise here. As we have said year after year...
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The U.S. National Debt Has Grown By More Than A Trillion Dollars In The Last...
Submitted by Michael Snyder via The Economic Collapse blog,The idea that the Obama administration has the budget deficit under control is a complete and total lie. According to the U.S. Treasury, the...
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How Banks Continue FX Rigging Right Under The SEC's Noses
The good news is that the rigging of the FX markets - now conspiracy fact, not conspiracy theory - has, according to Bloomberg, forced the world’s biggest banks to overhaul how they trade currencies to...
View ArticleFrontrunning: September 18
House votes to arm Syrian rebels (Reuters).... aka ISISFed Plots Cautious Course on Rate Rises (Hilsenrath)Scots vote in independence referendum to seal the United Kingdom's fate (Reuters)Yes or No,...
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Silver Buyers Keep Stacking And Demand Higher ... Yet Prices Fall
Silver demand keeps increasing ... silver prices keep falling ... hmmmRecent interview on silver: 'Get REAL: Silver' Total Global Silver ETF Holdings - 2006 - September 2014 (Thomson Reuters)The silver...
View ArticleFrontrunning: September 19
Scots spurn independence in historic vote but demand new powers (Reuters)Salmond’s Journey as Scotland’s Leader Ends Short of Destination (BBG)European Stocks Rally to 6 1/2-Year High on Scottish Vote...
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The Silver Paradox In One Chart
As gold and silver prices tumble to multi-year lows, an odd thing is happening in the 'paper' precious metals ETF markets. Demand remains high for silver ETF exposure as 'someone' is aggressively...
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New Gold Fix Planned By LBMA In Desperate Attempt To Maintain Status Quo
The London Bullion Market Association (LBMA) is quietly planning its new gold fix in a desperate attempt to maintain the status quo. Queen Elizabeth Surveys Gold Bars in Bank of England VaultsReuters...
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Key Events In The Coming Week
With the snoozer of an FOMC meeting in the rearview mirror, as well as Scotland's predetermined independence referndum, last week's key events: the BABA IPO and the iPhone 6 release, are now history,...
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