13/12/17

Gold And Cryptos Destroy Fiat



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Gold And Cryptos Destroy Fiat
// Silver For The People

news.goldseek.com / By Stewart Thomson, Graceland Updates / 12 December 2017

  1. Please click here now. I've predicted that a long period of deflation in the Western world would end with a Fed taper, rate hikes, and quantitative tightening.
  2. That's clearly in play now, and the deregulation of America's thousands of small banks is perhaps the most exciting event taking place on this new "inflationary frontier".  Because of these powerful monetary trends, I've predicted big problems ahead for Wall Street and somewhat better times for Main Street.
  3. Having said, that, I think investors would be making a major mistake to assume America is going to experience any kind of fabulous rebirth and relive an economic growth era like the 1950s, let alone the Golden Age of the 1880s.
  4. The country now sports some of the worst demographics on the planet with horrific debt levels that are still growing under a president who is a spectacularly successful businessman.
  5. What happens when President Businessman is replaced with President Socialist?  Some sort of currency revaluation endgame is what happens.  The problems of America and most of the Western world are not going to be solved with pump-up speeches, sporadic tax cuts, and insane "good guys versus bad guys" wars.
  6. American GDP growth is going to continue to wallow at low levels while China and India blast into what I call the "bull era" at very high velocity.
  7. Global investors need to make themselves great, and the blockchain/crypto asset class is one way to do it with style.  I view blockchain as a sub-sector of the gold asset class.  Importantly, blockchain trading is set to become more regulated very quickly.

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So di non sapere

So di non sapere Vi era un tempo il paradosso Socratico: so di non sapere. Una sola frase su cui si sonohttps://www.finanzaelambrusco.it/articoli/articoli/cultura/so-di-non-sapere/

12/12/17

The Fed's Lies Are Going to Cost Investors A Fortune in 2018



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The Fed's Lies Are Going to Cost Investors A Fortune in 2018
// Zero Hedge

The Fed claims we're not in a bubble.

This, like the Fed's claims inflation is too low, is hogwash.

As I outline in my bestselling book The Everything Bubble: The Endgame For Central Bank Policy, the reality is that the Fed's entire monetary focus is on papering over declining living standards in the US.

Since 1971, real incomes are down. This fact stares us in the face: before that time, one parent worked and most families got by, today both parents work and rely on debt to get by. Indeed, the fact is that most Americans are worse off than they were 10 years ago, 20 years ago, even 40 years ago.

The Fed tries to mask this by making debt as cheap as possible, and then "inflating the debt away" by debasing the US Dollar.

That, in a nutshell, is the Fed's entire game.

Asset bubbles are a natural consequence of this, as the Fed is forced to maintain "loose money" policies ad infinitum (the alternative is to risk triggering a sovereign debt crisis/ debt deflationary spiral).

This latest bubble is perhaps the most egregious.

Talking heads like to talk about Price to Earnings (P/E) ratios, but earnings can be easily faked to make this multiple unrealistically low. Sales are much harder to fake: either the money comes in the door or it doesn't.

With that in mind, consider that based on P/S, the market is right where it was at the peak of the 1999 Tech Bubble: arguably the most insane stock bubble of the last 100 years.

H/T Bill King

The big difference between this bubble and ...

Bond Sell Off Continues PLUS Updates: Stocks, Gold, Silver, Bitcoin. By Gregory Mannarino



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Sweden: More Signs The World’s Biggest Housing Bubble Is Cracking



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Sweden: More Signs The World's Biggest Housing Bubble Is Cracking
// Silver For The People

zerohedge.com / by Tyler Durden / Dec 12, 2017 4:15 AM

We like to highlight that although Sweden's property bubble is not the longest running (that accolade goes to Australia at 55 years), it is probably the world's biggest, even though it gets relatively little coverage in the mainstream financial media.

A month ago, we noted that SEB's housing price indicator suffered its second biggest ever drop, falling by 39 points, only lagging a steeper fall from ten years earlier. This month the indicator, which shows the balance between households forecasting rising or falling prices, fell into negative territory, dropping to -5 from +11 in November. Households expecting prices to rise has almost halved from 66% In October, to 43% in November and 36% this month. The percentage of households expecting prices to fall has risen from 16% in October, to 32% in November and 41% this month.

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Chinese Banks Push Back On Shadow Banking Regulations – Expose “Catch-22” For Financial System



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Chinese Banks Push Back On Shadow Banking Regulations – Expose "Catch-22" For Financial System
// Silver For The People

zerohedge.com / by Tyler Durden / Dec 11, 2017 

In November, we discussed how the post-Party Congress measures to deleverage and crackdown on the worst abuses in China's credit bubble took an important step forward with the announcement of a new era of regulation for China's $15 trillion shadow banking and asset management industry. See "A New Era In Chinese Regulation Means Turmoil For $15 Trillion In China's Shadows". In particular, the authorities turned their sights on wealth management products (WMPs).

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On the way out are "guaranteed returns" and "capital pools" which had turned the $4 trillion sector into a leveraged Ponzi scheme. We joked that in a "radical and shocking" departure from the norm, financial institutions would have to offer yields based on the risk and returns of the underlying assets. Paying out guaranteed returns with new funds from depositors would no longer be allowed.

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L’alternativa al crollo del sistema finanziario transatlantico



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L'alternativa al crollo del sistema finanziario transatlantico
// MoviSol

La politica cinese della Nuova Via della Seta e l'aumento della cooperazione Sud-Sud sui progetti economici stanno sempre più definendo gli allineamenti strategici mondiali. L'ultimo sviluppo viene dal Giappone, dove il Premier Shinzo Abe ha annunciato la scorsa settimana che il suo Paese desidera partecipare alla Iniziativa Belt and Road.

A un ricevimento di imprenditori sino-giapponesi, Abe ha affermato che "soddisfare la robusta domanda di ..