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Category Archives: Financial
Diamondback To Liquidate: Here Are Its Largest Holdings
Once upon a time Diamondback was one of the most prestigious, most desired to work for hedge funds. That is no longer the case, because as Bloomberg reported moments ago, the Stamford, CT-based fund, which as recently as 2010 had … Continue reading
Posted in Editorial, Financial
Tagged Diamondback, Liquidate
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Either way Obama’s way or the highway over the fiscal cliff
Obama’s Bloated Fiscal Plan Dag Barkley
Posted in Editorial, Financial
Tagged Economic Collapse, Obama
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JIM WILLIE: GOLD STANDARD WILL RETURN, EVERYTHING IN PAPER IS GOING TO HELL!
httpv://www.youtube.com/watch?v=5ciVpNa4-7M From YouTube: http://usawatchdog.com/gold-is-the-anti-bubble-jim-willie/ Jim Willie of GoldenJackass.com contends, “The gold standard will return because gold will be the last asset left standing. Everything in paper is going to go to Hell.” The transition will be very painful. Willie says, “We … Continue reading
Posted in Editorial, Financial
Tagged Gold, Hat Trick Letter, Jim Willie
Comments Off on JIM WILLIE: GOLD STANDARD WILL RETURN, EVERYTHING IN PAPER IS GOING TO HELL!
Does Deutsche Bank Have Nine Lives? (or Did They?)
As I have previously written, DB is in a dangerous state, and the minute faith is lost DB will plummet into a death spiral, causing massive fallout across Europe and the US. With the deepening malaise in Europe, deposits are down, defaults are … Continue reading
Retribution in Congress for Supporting the Will of the People Instead of the Party Line
We were given a republic by our forefathers. The price paid to establish our Liberty was dear. However, our liberty and country were stolen from us by political parties. When the people have no representation in the government and are … Continue reading
Posted in Editorial, Financial
Tagged Retribution
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The Road to Socialism Via Maxine Waters
httpv://www.youtube.com/watch?v=o3I-PVVowFY Maxine Waters is now the leading Democrat on the House Financial Services Committee. How is someone who is one of the root causes of the collapse of our country now the ranking Democrat on this committee? Ever wonder how … Continue reading
Citi Firing 11,000
Big news ahead of this Friday’s NFP report: CITI TO CUT OVER 11,000 JOBS, TAKE PRETAX CHARGE $1B IN 4Q “Sandy’s fault?” or better yet, “Vikram’s fault.” Or maybe the economy is collapsing despite all the propaganda one is spoonfed. Considering the … Continue reading
Paulo Pereira: Global market Musings: Volatility And The “Backstop”
Ultimately what I’m saying here boils down to this: unceasing market intervention has crushed the forward-looking expected returns for pretty much every asset class out there: rates, credit, HY, equities, equity with overlay/protection strategies (calls too cheap), long/short, macro, relative … Continue reading
Posted in Editorial, Financial
Tagged Chris Cole, Deflation, Paulo Pereira, VIX
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Washington’s Biggest Lie (and Why it Continues to be Told)
Chart courtesy of Shadow Statistics. The chart above compares the official CPI-U to the pre-1980 methodology for computing the CPI-U. It shows that without the government’s manipulation of the methodology for computing the CPI, current inflation would be nearly 10%. Today’s headline … Continue reading
It’s 8:40 Am, Do You Know Where Your “Sell Gold” Order Is?
It’s that time of day again. For no good reason (aside from arguably a stronger EUR as BIS fills its boots) – and with stocks up – Gold and Silver have once again been Baumgartnered this morning down to three-week lows (and … Continue reading
Posted in Editorial, Financial
Tagged BIS, Gold, manipulation
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Get the Message Out
Every time that I get a Lincoln $5 bill, I am reminded how our nation stated its downward spiral away from the Constitution. Since my laser can make rubber stamps, I decided to get the message out concerning the beginning … Continue reading
Manufacturing ISM Plummets To Lowest Print Since July 2009
So much for the 3rd Recovery (or is that 4th?) in the current depression: following the Chicago PMI which posted a solid beat on horrendous internals, today’s Manufacturing ISM came in just as expected, at least by those skeptical of … Continue reading
Posted in Editorial, Financial
Tagged Chicago PMI
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