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- November report "Is it True, as David Hume (1711 – 1776) postulated that, "Nothing is esteemed a more certain sign of the flourishing conditions of any nation than the lowness of interest"?" published. https://bit.ly/2y4LJZQ
- #JanetYellen is still pretending the Fed will eventually allow its balance sheet to shrink. It won't shrink, it will explode to new highs!
- Law of demand and panic buying
- Please appoligize to #LizClaman if you sent her a nasty tweet. It was not even her show that cancelled me. In fact, she invited me on next week. I was actually booked on the show following hers. I got it mixed up. But they cancelled for a ligit reason.
- @ClaytonVeltkamp That is the big problem with twitter. There is no way to correct typos.
- Included in the box of my father's effects that the Federal Prison System sent me were over a hundred letters belonging to another inmate!
- #janetyellen continues to pretend that the U.S. recovery is still on track, and that future interest rates hikes are just around the corner.
- As RT pointes out, buying gold makes a country less vulnerable to geopolitics. That's why Russia has increased its gold reserves by almost 75%. http://bit.ly/2kmtCLG
- Make Your Job Amazing: Advice for the Young and Employed | Jeffrey Tucker
- With a trade war on the horizon, China, Japan, and others could even go a step further and start dumping US debt on the market. That means bond prices will tank even faster and yields will increase. That's bad news! http://bit.ly/2Hepdkk
Tuesday, July 7, 2015
Likelihood of Greek Contagion is High
Marc Faber, publisher of the Gloom, Boom & Doom report, talks about the contagion risk posed by the Greek debt crisis and the prospects for a resolution. Faber, speaking with Olivia Sterns and Matt Miller on Bloomberg Television's "Bloomberg Markets," also discusses the Chinese stock market.