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  • Finance 0

    E Market Review: Is This It? Is This Where The Market’s Get Flushed?

    Is this It? Is This Where The Market’s Get Flushed? Is This the Start Of The 5th Wave? Video Length: 00:11:46 (Click on the play button to play the video)...
    On February 8, 2016 / By
  • Finance 0

    Debt Is An Elephant In The Room And It’s Going To Rampage

    Debt is crushing the American economy. Over the last month or so, the mainstream seems to have realized that the economy isn’t on nearly as solid ground as government officials and central planners were telling them throughout 2015, and all of a sudden, gold is in vogue. But as we pointed out last week, the signs of economic distress have been there all along. One underlying fundamental that seems to get swept under the carpet is the staggering level of debt – both public and private. Last week, the US national debt crossed the $19 trillion threshold. Most of us can’t evengrasp that number. The graphic above created by the Heritage Fo...
    On February 8, 2016 / By
  • Finance 0

    USD/JPY And AUD/USD Forecast – February 8, 2016

    USD/JPY The USD/JPY pair went back and forth during the course the day on Friday as it typically will do after a Non Farm Payroll announcement. That being said, it looks like we are trying to find a bit of support down at the 116 level, so we could be working on a bit of a bounce here. If we get that, I feel that this market will probably try to get to the $118.50 level, or perhaps even higher than that. On the other hand, if we break down and make a fresh new low, I don’t see any reason why this market will reach towards the 115 handle after that. Ultimately, this market does tend to be very in tune with the risk appetite around the world,...
    On February 8, 2016 / By
  • Finance 0

    Top Silver Mining CEO: Don’t Laugh, We Could See $100+ Silver

    Audio Length: 00:32:15 Transcript from the interview: Mike Gleason: It is my privilege, now, to be joined by Keith Neumeyer, founder and CEO of First Majestic Silver Corp. One of the top Silver mining companies in the world. Keith has an extensive background in the resource and finance sectors, and has been an outspoken voice about concerns that there is some level of price suppression going on in the silver futures market. It’s a real privilege to have him on with us today. Keith, thank you so much for joining us, and welcome. Keith Neumeyer: Well thanks, Mike, I appreciate your time. Mike Gleason: Well, there’s so much I want to...
    On February 8, 2016 / By
  • Finance 0

    USD/JPY Dips A Buy – Credit Agricole

    The Japanese is in high demand, with USD/JPY breaking below what previously seemed like “the line in the sand” for the BOJ: 116. The low so far is 115.17. The team at Credit Agricole sees a buy opportunity. Here is their view, courtesy of eFXnews: In Japan BoJ Governor Kuroda stressed that the central bank needs to be accountable if it doesn’t meet the 2% inflation target and that inflation is steadily improving. Given the most recent development there is no doubt that the central bank is indeed ready to turn more aggressive if needed. Strongly capped central bank rate expectations should keep the JPY capped. However, in order to trig...
    On February 8, 2016 / By
  • Finance 0

    The Increasingly Fragile Upper-Middle Class

    Many of these apparently high incomes are completely absorbed by high-cost upper middle class expenses. Since the top 10% takes home 50% of all household income, it follows that this top slice has most of the discretionary cash, i.e. net income left after taxes, servicing debt and paying for essentials such as food, utilities and housing. It also follows that the discretionary spending of the top 10% is supporting much of the economy that is dependent on discretionary spending: tourism, eating out, personal trainers, etc. The top 10% includes the thin slice of Financial Oligarchy (top .01%) and the top 1%. This skews the income and wealth of...
    On February 8, 2016 / By
  • Finance 0

    The Economy In Pictures – Seen This Before

    Last week, I gave a presentation discussing the current market environment and the economy. As I was preparing the slide presentation, I noted some concerning similarities to a presentation that I gave in 2007. At that time, I was regularly discussing the potential onset of an economic recession, and then like now, I was dismissed as being a“perma-bear.” There was no inverted yield curve, the vast majority of the media saw no recession in sight, and the Federal Reserve continued to tout a “Goldilocks” economy. Yet, a year later, it was quite evident.  Currently, there is a plethora of commentary strongly suggesting that the U.S. ...
    On February 8, 2016 / By
  • Finance 0

    E Retirees Should Not Listen To This Investopedia Financial Advice

    Retirees should not listen to Investopedia’s recent financial advice. It is contained in the article: Retirees: 7 Lessons from 2008 If There Is Another Crisis. They should, at least, think for themselves and consider the opposite view. I am not an investment counselor or attorney, so I am not giving advice, merely trying to get older people to reconsider the bullish advice. I find Investopedia to be quite helpful on many issues, as it has brief, clear cut definitions of terms and concepts used in the financial world, as well as great articles on finance. The Investopedia article in question was written by Tim Parker in February, 2016. ...
    On February 8, 2016 / By
  • Finance 0

    EC What Defines Life

    “We do not remember days, we remember moments.” – Cesare Pavese I’m a huge fan of LinkedIn (LNKD). I’ve used it for years to both reach out to journalists/producers, and also to network with others in the investment management business. Never did I look at it as an investment, purely because stock-picking has been proven time and time again as being sub-optimal to the bigger decision of asset allocation weighting. On Friday, LinkedIn fell over 40%.In just 3 days, the stock gave back all gains made over the past 3 years. Day after day, news story after news story, analysis after analysis with hindsight all seems worthless now. Treme...
    On February 8, 2016 / By
  • Finance 0

    Germany- A Hegemonic Challenge For The Heartland

    Co-authored with Matt Dabrowski The great British geographer Halford Mackinder invented the term “geopolitics” over 100 years ago. He painted a grand vision of international relations that revolved around one fear: dominance of what he called the “Heartland” of Eurasia. Mackinder believed the road to dominance ran through Eastern Europe. His ideas have remained influential ever since, for as long as the West has concerned itself about the impact of Eurasia on world affairs. For two decades after the end of the Cold War, the old Warsaw Pact nations rushed to link up with the European Union and NATO. Arguably the chief beneficiary of th...
    On February 8, 2016 / By