Sunday, August 14, 2016

Why James Grant* & Other Investing Legends 
Are So Bullish on Gold
Mauldin Economics .. 3 minutes


Anonymous said...

This is the greatest scam in history: Central Banks buying real assets with electrons. …

And the beneficiaries of this never fail to remind us how great they are....

Anonymous said...

The Bank of Japan's Unstoppable Rise to Shareholder No. 1August 14, 2016 — 11:00 AM EDT

BOJ set to become top owner of 55 firms in the Nikkei 225
Japan’s central bank boosted its ETF buying program last month

The Bank of Japan’s controversial march to the top of shareholder rankings in the world’s third-largest equity market is picking up pace.

Already a top-five owner of 81 companies in Japan’s Nikkei 225 Stock Average, the BOJ is on course to become the No. 1 shareholder in 55 of those firms by the end of next year, according to estimates compiled by Bloomberg from the central bank’s exchange-traded fund holdings. BOJ Governor Haruhiko Kuroda almost doubled his annual ETF buying target last month, adding to an unprecedented campaign to revitalize Japan’s stagnant economy.

Central banks Buy 21% of JAB Holdings Bond Issue (Keurig, Peet’s, Einstein Bros, etc)

The European Central Bank (ECB) is showing its love of coffee by purchasing 21% of JAB Holdings Bond issue. Sitting through all those meetings requires something stronger than Perrier water.

What does JAB Holdings hold? Keurig-Green Mountain Coffee, Peet’s Coffee, Einstein Bros Bagels and Coffee, Caribou Coffee, Stumptown Coffee, Krispy Kreme Doughnuts and Coffee, Douwe Egbert’s Coffee, Gelvalia Coffee, etc. In others words, a LOT of coffee.

Central banks purchasing corporate bonds is unusual and signals how bad things are in Europe. When the Central Banks try to keep coffee producers afloat.