SisyphusStone

Fitch Report: Financial Companies Hold 99.7% of All Derivative Contracts

Living4divi -

My guess is that the 'Banksters' know only too well that by the Fed allowing them to front-run it in the - thus risk-free - bond market, ensures that interest rates are kept down. In the foreseeable future I suspect it would only be as a result of a maverick political decision that would lead to rates being raised, thus their 'insurance'.

Don't be fooled by talk of big inflation soon, this is a MASSIVE deflationary event unfolding and in all probability it is only just warming up. Their capital is gone, eroded by a long-term low interest rate policy (this is also largely true of corporate America as a whole).

The US is now into negative returns in GDP for every dollar borrowed!

Finally, don't think Europe is in any better shape!

Dangerous Fallacy in GDP Measures

Semantics aside and ignoring anti-Protestant shoulder-chip comments, this is a great article in that it raises a highly pertinent point for discussion.

We are all familiar with the concept of GDP/GNP, frequently look at and refer to graphics based on it; but how many of us could honestly say that we have ever stopped to question the metric in a way that this article does to gain a true insight into what it does - or doesn't - tell us? A form of 'due diligence' really.

Well posted 'Cynicus'

Goldman Sachs: Thoughts on the Developing Stolen Trade Secrets Scandal

As Zerohedge pointed out, it is uncanny (not) the speed and alacrity with which the FBI have pursued this 'supposed' larceny.

More proof - as if it were needed - that the tail wags the dog.

.... oh, anyone seen a 'fall-guy' hanging about of late???

Gold Manipulation Redux

C'mon Guys, isn't there a lone voice in support of Brad and HAI???

.... of course GS et al are manipulating - and profiting as a result - left, right and centre: it's a wonder they've not got acute 'fiddler's elbow'!

Just because GATA are being blocked from obtaining the evidence through FOI requests, doesn't mean that the crime hasn't been committed, or am I naive and the world is in fact flat and no jury ever convicts on overwhelming circumstancial evidence?

Take heart, revenge is a dish best served cold.....

The S&P 500's Weight in Gold

Another great provocative post 'Tyler'. I assume the gold price used is nominal, therefore I wonder how it would look inflation adjusted?

I wonder if JPM et al. are currently toying with us - while thieving yet more wealth - and will soon start shorting gold more aggressively to support the dollar (I don't think they have manoeuvred into position yet prior to leaving the dollar 'out in the cold') - and simultaneously help drive a second leg up in the equities markets to further milk the unwary/gullible investors through to the autumn/fall.

We have to have another major leg down in the markets - someone has to pay for the 'shadow' fiat and I'm sure that they who created it have no intention of paying for it, - but as to the time and value of the bottom ....

As it's all pure speculation, how about 2021? Based only on the following observations:

Assuming 1788 (a significant year of initiation of events of major significance first becoming apparent in 1789) was the start of the current Elliott Supercycle and 1932 was the end of Wave (IV), then the first two wave cycles ie (I)-(II) and (III)-(IV), lasted 144 years.
2021-1932 = 89 years.
89/144 =0.618 and 144*1.618 = 233.
1788+233 = 2021.

(Old Bonacci's son, Leonardo seems to get everywhere!)

Could 2021 then, be the "bottom", co-incident with the conclusion of the current Supercycle?

Just a thought!