G7 Finance Ministers “Strongly Support” Regulation Of Cryptocurrencies

By Tyler Durden, With bitcoin trading at fresh all time highs, if just shy of $20,000 for the time being, it was only a matter of time before the establishment renewed its calls for regulation of cryptos, especially now that official central bank digital currencies are in the process of being rolled out to enable […]

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Blain: Financial Assets Are Effectively Doomed…

By Tyler Durden, Authored by Bill Blain via MorningPorridge.com, “He’s so fluffy I’m going to die…” A BBC producer once told me about the risk assessment she was required to complete before filming at a market in Wales. She quietly added “superglue to repair broken unicorn horns” to the first aid content list. She was never caught. […]

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One Bank’s “Persistent Inflation” Meter Just Hit A Record 96 Out Of 100

By Tyler Durden, Earlier this year, as Wall Street first became obsessed with distinguishing transitory vs non-transitory (i.e., permanent) inflation, Bank of America launched two trackers – a transitory and a non-transitory inflation meter. Initially, it was mostly good news: while the bank’s transitory inflation meter was at 100, or the highest reading possible, non-transitory […]

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“Rapidly Becoming Untenable” – Eurozone Finances Have Deteriorated

By Tyler Durden, Authored by Alasdair Macleod via GoldMoney.com, Despite negative interest rates and money printing by the European Central Bank, which conveniently allowed all Eurozone member governments to fund themselves, having gone nowhere Eurozone nominal GDP is even lower than it was before the Lehman crisis. Then there is the question of bad debts, which […]

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GoldFix: Japan Sells Gold to Finance Debt

By VBL, Good Morning. As of this writing, The DXY is flat after a pounding yesterday . Bonds are unchanged. Gold February futures are up $1.50 at $1891.90.  March Silver is trading $26.13 after a massive rally yesterday, PGMs are mixed and Copper is up 3 cents at $3.60. Stocks across the board are up […]

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China Warns Global Financial Bubble Could Burst

By Tyler Durden, Almost three months after markets stumbled when after China’s top banking regulator said he’s “very worried” about risks emerging from bubbles in global financial markets (and China’s property sector) sparking concerns about further tightening in the world’s second-biggest economy and slamming risk assets, China has done it again and on Saturday Liang Tao, vice […]

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The Epitome Of Financial Repression In 2 Charts

By Tyler Durden, Authored by Bryce Coward via Knowledge Leaders Capital blog, By now investors are quite aware of the consequences of financial repression via negative real interest rate policies. Since interest rates on “risk free” government debt are too low to even compensate for inflation, it pushes investors out the risk spectrum in an effort to […]

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Glaciers of Global Finance: The Currency Composition of Central Banks’ Reserve Holdings

By Alina Iancu, Neil Meads, Martin Mühleisen, Yiqun Wu, The currencies that are being held by central banks as foreign exchange reserves have remained largely steady over decades. Changes in the composition of these holdings can, at best, be described as glacial in pace. But geopolitical shifts and technological revolutions are reshaping the global economy and the international use of […]

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Ten Remarkable Financial Events Of 2020

By Tyler Durden, Authored by Peter Earle via The American Institute for Economic Research, The past year has been one full of superlatives: from the most votes ever cast in a presidential election to the worst unemployment claims the United States has ever seen. There have been unbelievable highs, such as the record-breaking increase in new businesses launching, and there have […]

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How FinTech F**ked Financial Market Structure, Exposed The Social Contract, & What Comes Next

By Tyler Durden, Via The FinTech Blueprint, Despite its best efforts to the contrary, Robinhood did end up stealing from the rich and giving to the poor. Melvin Capital, the $8 billion hedge fund that didn’t find GameStop funny, lost 53% of its portfolio in January ($7 billion) trying to short against the rallying cries of the Reddit […]

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