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  • Finance 0

    The Mystery Of The One Bank: Its Owners?

    Roughly 2 ½ years ago readers were introduced to a paradigm of crime, corruption, and control which they now know as “the One Bank.” First they were presented with a definition and description of this crime syndicate. That definition came via a massive computer model constructed by a trio of Swiss academics, and cited with favor by Forbes magazine. The computer model was based upon data involving more than 10 million “economic actors”, both individuals and corporations, and the conclusions which that model produced were nothing less than shocking. The One Bank is “a super-entity” comprised of 144 corporate fronts, with appro...
    On February 12, 2016 / By
  • Finance 0

    Market Analysis – Keep Your Cool

    Always stay calm while others are panicking – especially in financial markets. There is a lot of talking one`s book going on in the markets with incentives to create panic and hysteria in the financial markets with the media the willing accomplice in how the game is played. The world is rarely a worst case scenario – that should never be a baseline position. Video Length: 00:08:37...
    On February 12, 2016 / By
  • Finance 0

    Reviewing My Short Cover In JPM Yesterday… Just In Time

    This is why I am not a huge fan of holding my short positions for extended periods of time. Ideally, I like holding a short 2-3 days. Once I get profits in the 4-7% profits, that is where I start getting itchy to cover my position.  While I embrace shorting stocks when the market calls for it, I recognize too, that I am swimming against the current every time I do. 99.9% of the country wants the market to go higher, so when you are shorting the market, you are fighting a lot of forces, including the companies that want their stock to go up, the federal government, namely the Fed, that wants the market going up, and many more factors. As a re...
    On February 12, 2016 / By
  • Finance 0

    Monetary Policy In An Open Economy

    Written by Joseph Joyce The recent research related to the trilemma (see here) confirms that policymakers who are willing to sacrifice control of the exchange rate or capital flows can implement monetary policy. For most central banks, this means using a short-term interest rate, such as the Federal Funds rate in the case of the Federal Reserve in the U.S. or the Bank of England’s Bank Rate. But the record raises doubts about whether this is sufficient to achieve the policymakers’ ultimate economic goals. The short-term interest rate does not directly affect investment and other expenditures. But it can lead to a rise in long-term rates,...
    On February 12, 2016 / By
  • Finance 0

    The FTSE 100 Digests Its Losses

    Risk-aversion in the financial markets is abating which lifts the FTSE 100 and it seems fair to expect the FTSE 100 to digest its losses today. I assume that short-term traders will be booking profits at current levels given that the FTSE 100 lost 9.52% of its value over the last two weeks, substantially fattening the gains on short positions. Also lowering the stress in markets are comments by the Japanese Chief Cabinet Secretary Suga, Finance Minister Aso and Economy Minister Ishihara, all of whom have voiced concerns about the strong Japanese yen and the possibility of market intervention. This has influenced the FTSE 100 as there is a...
    On February 12, 2016 / By
  • Finance 0

    The Golden Channel

    During yesterday’s amazing rush-up on gold (making Q1 2016 the best quarter for gold in thirty YEARS, and we’re not even halfway into the quarter yet!) I did a post stating I was shorting the miners into the strength (in dollar terms. Heh.) To be specific, I am short GDX (big), RGLD (small), and SLW (small). Judging from pre-market action, that looks like a good move. To be clear, however, just as I think a bear market in equities started last year, I believe a bull market in gold has begun as of just a couple of months ago. We’ve escaped the channel, and once we get a little selling, I think we’re in for a push higher....
    On February 12, 2016 / By
  • Finance 0

    Jim Grant: As Bullish As He’s Been On Gold

    Jim Grant didn’t hesitate when asked. He sees the price of gold is going up. Grant made the rounds Wednesday, appearing first on CNBC, saying he thinks the US is already in a recession, and we can expect even crazier monetary policy in the future. Then he did an interview with The Street and made an emphatic prediction about the price of gold: I think gold is going to be coming into its own in reaction to the wrong-headed notions of our central bankers.” Video Length: 00:05:40 Highlights from the interview: “Well let me tell you what I think about gold – I’m as bullish as I’ve been.” “Gold is the heir to the errors of our cen...
    On February 12, 2016 / By
  • Finance 0

    Cisco Stock Is A Buy After Q2 Earnings Beat And Strong Guidance

    The “move to digital” was the main theme on Cisco (NASDAQ:CSCO) earnings conference call on the 10th of February after market close. Cisco produced an impressive set of Q2 earnings (EPS of $0.57 non-GAAP and $0.62 GAAP) beating estimates of $0.54 per share by some distance considering the weak guidance it had for this quarter. Revenue came in at $11.8 billion (excluding a divestiture from the SP Video CPE Business which was $93 million) which also beat estimates of $11.76 billion but it was fiscal third quarter guidance that really made the stock rally hard. Cisco is guiding a jump in year over year revenues of 1 to 4% this ...
    On February 12, 2016 / By
  • Finance 0

    Bull Of The Day: DHT Holdings

    Oil has been getting crushed over the past several months, and the major driver behind the fall in prices is the worldwide oversupply of the natural resource.The Russians, and OPEC continue to pump out the black gold at the same levels when oil was around $100 per barrel.Further, with the Iranian sanctions lifted, more crude is being pumped and added to the massive world inventory.But all this crude oil needs to be shipped to be refined and sent to different ports, and that is where DHT Holdings (DHT – Snapshot Report), the Zacks Bull of the Day, comes into the picture.  ...
    On February 12, 2016 / By
  • Finance 0

    This Is The NIRP “Doom Loop” That Threatens To Wipeout Banks And The Global Economy

    Remember the vicious cycle that threatened the entire European banking sector in 2012? It went something like this: over indebted sovereigns depended on domestic banks to buy their debt, but when yields on that debt spiked, the banks took a hit, inhibiting their ability to fund the sovereign, whose yields would then rise some more, further curtailing banks’ ability to help out, and so on and so forth. Well don’t look now, but central bankers’ headlong plunge into NIRP-dom has created another “doom loop” whereby negative rates weaken banks whose profits are already crimped by the new regulatory regime, sharply lower revenue from tra...
    On February 12, 2016 / By