Schlagwörter: Zerohedge

Der Goldrausch geht weiter…

Gold is up more than 30% on the year after a better than 18% gain in 2019. The mainstream spin was that the prospect of more fiscal stimulus was driving gold higher. The Democrats and Republicans appear closer to an agreement on a new spending bill. That’s certainly part of the equation. But fundamentally, this is about currency debasement. mehr hier

Geldpolitik: Sorry, aber es gibt keine Gratis-Mahlzeiten..

As Joe Biden tries to split the difference between the midwestern swing-state voters and the Sanders faithful, he’s released an economic plan – a plan that bears the imprimatur of his one-time foe Bernie Sanders – that, in its attempt to be everything to every one, effectively promises everything Weiterlesen

Vor dem Ende des Dollars?

Dollar-denominated financial markets appeared to suffer a dramatic change on or about the 23 March. This article examines the possibility that it marks the beginning of the end for the Fed’s dollar. At this stage of an evolving economic and financial crisis, such thoughts are necessarily speculative. But an imminent banking crisis is now a near certainty, with most global systemically important banks in a weaker position than at the time of the Lehman crisis. US markets appear oblivious to this risk, though the ratings of G-SIBs in other jurisdictions do reflect specific banking risks rather than a systemic one at this stage.A banking collapse will be a game-changer for financial markets, and we should then worry that the Fed has bound the dollar’s future to their fortunes. weiter hier
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Die andere biblische Plage des Jahres 2020

Billions upon billions of voracious desert locusts are ravenously devouring crops over a vast portion of the globe that stretches from eastern Africa all the way to India.  This unprecedented plague was supposed to be subsiding by now, but instead a fourth generation of locusts has emerged that is producing swarms that are “up to 8,000 times larger” than what we witnessed Weiterlesen

“Die größten Goldtransporte aller Zeiten”

“The flows into New York are unprecedented,” Allan Finn, the global commodities director at logistics and security provider Malca-Amit told Bloomberg as his company’s teams in New York have been working 24 hours a day to cope with unprecedented demand for physical gold while navigating lockdowns, flight disruptions and social distancing. mehr hier

Die Blase aller Blasen

That there is a bubble, a massive one, is unquestionable. Readers will further have anticipated that it didn’t have to be a global pandemic to burst this bubble. This bubble was practically looking for a prick – any prick – to burst it. Whether it was a credit event, liquidity shortages that led to bankruptcies, a terrorist attack, a natural disaster or a bat: markets had reached a level of fragility where they could not cope with the materialising of such a tail risk event. mehr hier