Wednesday, August 24, 2016

The World Is Playing Catch-Up With Japan
"If you don’t really understand the rules of the game or if the price of something seems unsustainably high, don’t try and benefit by speculating (either by selling it short or buying it ) because that’s too dangerous – it’s easier, and altogether less risky, just to stop playing that game, and go play a different game somewhere else. The last quarter century of ever-shrinking Japanese bond yields has been the widowmaker trade par excellence. It would seem that where Japan has led the way, the rest of the world is finally playing catch-up. In a world where the bond market feels irretrievably broken, which investments still have fundamental appeal ? We continue to identify three specific types. One is systematic trend-following, which offers the potential for meaningful portfolio insurance in a world where systemic risk is in the ascendant. One is monetary metal, with reassuring scarcity in a world where money, money-printing and over-priced money substitutes are becoming painfully commonplace. And one is defensive value in the stock market."
- Tim Price
LINK HERE to the essay

2 comments:

Anonymous said...

Doug Noland - The Consequences of Massive Credit

What Is A Credit Bubble?
How Misallocation of Capital Distorts Market Pricing
What You Can Do About it

https://www.youtube.com/watch?v=A9NbW_K-aiU
Doug Noland - The Consequences of Massive Credit Part 2

https://www.youtube.com/watch?v=P-as8bYQ-dA

Anonymous said...


Guest Post: The Human Stain

I shuddered when it was announced that Stanley Fisher was elevated to co-Chairman of the Fed. He is a wholly-corrupt representative of the neo-conservative movement that has enveloped this country. People who consider themselves “liberals” and Democrats are unwittingly supporting a viper’s nest of necon totalitarianists. Hillary Clinton was the mad-bomber who helped orchestrate the Obama Government’s steamrolling over Libya and the Ukraine and the attempted steamrolling over Syria. When HRC is in the Oval Office, Stanley Fisher will be elevated to King of the Fed and it’s lights out for the middle class.

One of subscribers has written an excellent of summary of the one aspect of the political and economic drive toward totalitarianism in this country. Notice how he omits Bernanke and Yellen. They were mere dishrags for the people behind the scenes who are actively attempting to orchestrate the future of this country (Soros, Gates, Buffet, Rothschilds, Kissinger, etc):

I agree with you, the world’s move away from the fraudulent dollar is bigger than interest rates. My belief is that they are trying to buy two months. All they care about is winning the election, because they can loot like never before … literally trillions of dollars … as the sick, withdrawn witch is under constant medical care within the Imperial Bedroom at the WH.

This is unfolding as some kind of twisted, gothic, Elizabethan drama, with a demented Queen orchestrating State viciousness and lunacy from the privacy of her chambers. If HRC won’t even hold a press conference during her so-called campaign, what will she be like when she gets in? She will turn her back on the people so fast it will be unprecedented in all of U.S. history. The Invisible, Corrupt, Murderous, Greedy, Thieving Queen: coming soon to the American Theater of the Absurd. And the Court of Sheer, Inexcusable American Stupidity.

There’s an old saying that our faces shed their masks as we grow older. In other words, our faces come to show who we really are. Stanley Fisher is a perfect example … that face literally exudes evil. When his face begins to talk, the situation goes from “mere” evil into depths of the inferno. Lucifer has only rarely had such a talented acolyte.

His voice is a totally contrived, studied, phony blend of arrogance, fake aristocracy, haughtiness, superciliousness, elitism, royal tonality, superiority, and condescension. It is as if he concocts it in front of his bathroom mirror to get it right … it is completely contrived and fake, and self-engineered to make him look superior. I can’t listen to him any more … my gag reflex can’t take it.

[Larry] Summers, another phony and fraud, has imported aspects of the voice from his idol, Stanley Fisher, and he too is impossible to listen to unless a person has some strange desire to vomit.

Speaking of broken masks revealing the true persons, look at Soros and Greenspan. Faces that have become truly grotesque over time, revealing who the persons truly are.

Everything the people need to know stands right before their eyes, but they do not see a thing. They listen to and worship the likes of Stanley Fisher and Greenspan as if they are gods, and not the human wrecking balls they actually are.

The political and economic collapse of the U.S. has long since “crossed the Rubicon.” The public violence that is spreading like the plague in places like Chicago, Milwaukee and Baltimore is a symptom of this underlying collapse – a collapse that has been covered up with extreme propaganda, shock and false-flag fear events and the glorification of U.S. military imperialism.http://investmentresearchdynamics.com/guest-post-the-human-stain/#comments