Dollar Surges, Chinese Yuan Plunges In FOMC Aftermath

In the aftermath of yesterday’s key market event, the FOMC’s $10 billion tapering and elimination of QE with “QualG“, not to mention the “dots [36]” and the “6 month” comment [37], the USD has been on fire against all key pairs, with the EURUSD sliding below 1.38, a 150 pip move in one day which should at least […]

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Russia Threatens Estonia – 17th Member of Eurozone

Russia has now threatened Estonia, the 17th member of the Eurozone and the only former Soviet nation to join the EU. It is located just north of Latvia. Estonia proposed that the EU should employ an arms embargo against Russia. No doubt this has Russia rather pissed-off. Russia signaled concern on Wednesday at Estonia’s treatment of its large ethnic Russian minority, comparing […]

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Man Who Predicted Every Tapering Now Forecasts QE-Infinity

Today the man who, astonishingly, correctly predicted every single Fed tapering is now forecasting QE-to-infinity.  Gerald Celente, the man many consider to be the top trends forecaster in the world, also predicted that when the Fed reverses course it will have a tremendously negative impact on the U.S. dollar and send the prices of gold […]

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European Central Banks May End Restrictions on Gold Sales

FRANKFURT—European central banks may end a 15-year-old restriction on sales of their gold holdings this year, a top German central banker said. “The negotiations are still ongoing,” Deutsche Bundesbank board member Carl-Ludwig Thiele said in a recent interview with The Wall Street Journal. “No one can see into the future, and therefore it is currently […]

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Wisdom Wednesday's – Lesson 11 – You Won't Believe How Much The "Need To Make Money" Costs Investors!

Welcome to another Wisdom Wednesday! This week we’re going to deviate a little bit from numbers and calculations and really dive into some psychology. Psychology rules you, and whatever rules you, whatever rules your responses to the environment around you is the number 1 concern, or should be. Your job as a successful investor is […]

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Richard Russell – Silver Is The Greatest Buy In The World Today

Russell: “Can markets be neurotic or hysterical?  Markets are made by people, and currently I believe we have a lot of semi-hysterical people in this market. …Stocks are not cheap. My feeling is that the only bargains around are silver and gold.  I bought a batch of American Eagle one ounce silver bullion coins today, on […]

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Will Inflation Collapse the Chinese Economy?

A growing concern for the global economy is inflation. We’ve recently detailed this issue for the US economy earlier this week. Global Central Banks, concerned with a potential deflationary collapse, have allowed inflation to seep into the financial system. In developed nations like the US, this puts a squeeze on consumers. But in emerging markets […]

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The truth is out: money is just an IOU, and the banks are rolling in it

Back in the 1930s, Henry Ford is supposed to have remarked that it was a good thing that most Americans didn’t know how banking really works, because if they did, “there’d be a revolution before tomorrow morning”. Last week, something remarkable happened. The Bank of England let the cat out of the bag. In a […]

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INSIDER ELITES GETTING OUT IN MASSIVE PUMP-AND-DUMP OPERATION (FREE ARTICLE)

Zero Hedge has a post up that is important from a behavioral perspective. The corporate elites have gone into overdrive on record stock buybacks and are using record underwritings of corporate bonds to fund heavy stock purchases at inflated prices. As professor Nejat Seyhun of the University of Michigan points out in his analysis, adjusted insider selling […]

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China's Secret Vaults: Where Is All The Missing Gold?

China has recently become the world’s largest consumer of gold. Uniquely, it also ranks as both the largest producer and the biggest importer of gold. Yet a big question surrounds the true state of the Chinese demand for gold; the answer would determine how global gold prices are likely to fare. The expectation that Chinese investors […]

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