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Saxo’s Outrageous positions for 2014

Saxo Bank does an annual predictions report before the new year, anticipating wildcard events that might impact the markets.  See the full report here: TF_OutrageousPredictions_2014 Here’s a few highlights: According to Saxo, there’s a chance that Germany falls into recession, while France’s CAC 40 index could plunge 40pc from this year’s peak. But the predictions […]

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Neofeudal financialization – what’s real and what’s not

Most investors and traders are constantly analyzing data, and painting the economic picture based on it.  But far too often we forget what’s creating the data.  Economics is a measure of the real economy, which is driven by real forces.  Monopolies are one thing to study, but how do monopolies or oligopolies exert their economic […]

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EPA fraud casts doubt on institutional approach towards social management

Another government fraud doesn’t seem surprising, but we should look closer at this recent employee of the EPA; in fact their highest paid employee, who was thought to be an expert on climate change.  He was a liar, embezzler, and overall bad employee, according to his lawyer, he didn’t work for periods of 18 months. […]

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The IMF wants you to pay 71% income tax

When the IMF suggests increases in tax rates potentially as high as 71%, we should listen.  The IMF has been at the forefront of global financial political agendas such as the one world currency (SDRs), default of the USD from the Gold standard (thus creating Forex market), and the backing of international ‘death’ loans as […]

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Fidelity Bans IRA Bitcoin Investments Days After Permitting Them

The debate over the institutional use of Bitcoin continues, as Fidelity allows IRA investment into Bitcoin, but then quickly reverses their position: Following what we can only imagine was uproar following our discussion of Fidelity “allowing self-directed IRA holders to ‘invest’ in Bitcoin,” [3] the company has very quickly reversed policy… As MarketWatch notes [4], “On an individual basis, we […]

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Prepper Properties

Real Estate is one of the most discussed asset classes (if you can call it that), while not the least understood, those in the business promote certain aspects of real estate through marketing in order to sell their developments, whether they be industrial, commercial, or residential. Inside any crisis portfolio should be some land, land […]

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Volcker Rule Ushers in Era of Increased Oversight of Trades

Finally, the Volcker rule is being implemented, after 3 years of debate and modifications.  Although it’s not as originally proposed, today is the first day the rule is being enforced.  It’s questionable though, how much this rule will actually impact the markets.  Banks are now not doing proprietary trading, but other entities will.  What this […]

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Fate of the US Dollar and impact on your pocketbook

Few realize how the use of the US Dollar in their everyday lives will be impacted if the world shifts away from using USD as a reserve currency.  Many seem to feel detached from economic discussions, as if the rate of the US Dollar will not impact them because ‘they buy everything in Dollars’ – […]

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Bitcoin crashes back down to $576 as Wall St. notices

Bitcoin has crashed to $576 and recovered a bit, all in a matter of days, down from it’s high by more than 50%. It was inevitable that a few short days after Wall Street lovingly embraced Bitcoin as their own, with analysts fromBank of America, Citigroup and others, not to mention the clueless momentum-chasing, peanut gallery vocally […]

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Bitcoin selling off as Baidu halts Bitcoin payments

Bitcoin being sold off as Baidu halts payments due to ‘value fluctuation’ – another ding in the credibility of the new digital crypto currency. Bitcoin is being sold aggressively on heavy volume as this headline hits: *BAIDU SUSPENDS BITCOIN PAYMENT ACCEPTANCE ON VALUE FLUCTUATION And the official, google-translated announcement from the BIDU website [4]:  [5] This is […]

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