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The Federal Reserve’s Crucial Next Step 27 Aug 2013 | 11:21 am
Yesterday we left you with the thought that the Federal Reserve may become the buyer of last resort of US Treasuries. Why? Because foreign creditors are rapidly scaling back their purchases of US asse...
The Investment Industry: Confusion, Conflicts and Cash 27 Aug 2013 | 11:19 am
Challenging popular thinking can invite ridicule and confusion. Over 500 years ago Christopher Columbus debunked the ‘flat earth theory’ that prevailed in European society. With what we know now it is...
These Three Major Markets Have Turned 27 Aug 2013 | 11:13 am
There are a few yellow leaves on the trees. The mornings are cool. ‘My son started school last week,’ we told a neighbour yesterday. ‘What? Seems awful early for public school.’ ‘They’ve been movi....
Another Patriotic Step on the Road to Tyranny 26 Aug 2013 | 10:34 am
First, a quick look at the markets. The Dow rose 66 points yesterday. Gold stayed flat. Will we be proved right? Has the US stock market turned? Have Treasurys finally entered a bear market? And gold...
Superannuation Overtakes Bank Deposits 26 Aug 2013 | 10:30 am
Here’s a Monday alert for you to take very seriously. The locusts are coming. And they’re coming for your superannuation assets. The Sydney Morning Herald reports this morning that ‘Australia's pool o...
Moving Through the US Dollar 24 Aug 2013 | 04:00 am
Well, this week has been all about the 'taper', another annoying Fed-coined phrase that the market has latched onto with full force. Don't worry, we're not going to discuss it at any great length here...
The Turning Point Against the American Empire 24 Aug 2013 | 04:00 am
A cornered rat has a deadly bite, or so says the lore from 19th century, when rat baiting was common sport. The same is true of a cornered empire today. Every hour that goes by presents the evidence. ...
Richard Fisher’s ‘Super Easy’ Fed 23 Aug 2013 | 11:25 am
Richard Fisher represents the Federal Reserve Bank of Dallas. He’s been saying some very interesting things lately. Bloomberg’s headline paraphrasesFisher with ‘Super-Easy Fed Can’t Alone Boost Manuf...
Boots on the Ground Politics 23 Aug 2013 | 11:24 am
Our postal vote form arrived yesterday. Just in time too; we’ve given up on politics. Makeup scandals are hitting the front page! Makeup scandals aside, one day Tony Abbott is reducing corporate tax ...
US Market Crash Alert! 23 Aug 2013 | 11:24 am
Our operating hunch is that US stocks, Treasuries and gold have all turned over recent months. After 33 years of falling, Treasury yields are now climbing higher... After two years of correcting, go...
