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I am not an investment professional. I do not engage in stock or currency trading. I am a blogger and investor who believes the failure of credit has created an investment demand for gold, and that gold bullion is the sole means of wealth preservation.
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  • The Failure Of Credit Commenced July 1, 2014

    1) ... The failure of credit commenced July 1, 2014.

    On Tuesday, July 1, 2014, the world passed through a historic economic inflection point, as Credit Investments, that is Aggregate Credit, AGG, specifically the 30 Year US Government Bonds, EDV, the 10 Year US Government Notes, TLT, and Junk Bonds, JNK, failed, as the Bond Vigilantes called the Interest Rate on the US Ten Year Note, ^TNX, higher from 2.49% to 2.56%, and which in so doing traded lower from a double top high.

    The trade lower in the US Sovereign Debt, means the end of the era of US Dollar Hegemony, establishes the beginning of the end of the US Dollar Hegemonic Empire, and communicates the end of Global Finance. Inverse Credit Investments, such as JGBS, SAGG, TMV, DTYS, and TTT, traded higher.

    Of note, the Bond Vigilantes also steepened the 10 30 US Sovereign Debt Yield Curve, $TNX:$TYX; seen in the Steepner ETF, STPP, steepening.

    Currency traders called the Japanese Yen, FXY, lower, and the British Pound Sterling, and two Commodity Currencies, CCX, these being the Australian Dollar, FXA, and the Canadian Dollar, FXC, higher, with the result that most Equity Investments, that is World Stocks, ACWX, traded to new rally highs, as funds flowed out of the Credit Investments, that is Aggregate Credit, AGG, as global debt deflation commenced on July 1, 2014.

    The failure of Credit, AGG, on Tuesday, July 1, 2014, propelled the world into Kondratieff Winter, is a painful economic experience, as it involves a see saw destruction of Fiat Wealth, such as the Eurozone Stocks, EZU, and Eurozone Nations, such as Ireland, EIRL, and Greece, GREK.

    Junk Bonds, JNK, traded parabolically lower; these are now a failed investment. Reuters reports Global Investors Pare Risky Bond Holdings, Brace For Sell-off

    The 30 Year US Government Bonds, EDV, and the 10 Year US Government Notes, TLT, traded decisively lower. The Pursuit of Yield Rally, that commenced in January 2014, ended on July 1, 2014.

    The Global Credit Bubble has burst, debt deflation commenced with the failure of credit on July 1, 2014, with the result that the world is starting to pivot from the age of credit and currencies, and into the age of diktat and debt servitude.

    The trade lower in Credit Investments, AGG, is a profound historic change, as debt has been the engine of growth; the global economic future is one of economic deflation, now that debt is trading lower in value.

    The fact that destructionism is starting to replace inflationism establishes the fact that the world has entered into Kondratieff Winter, the final phase of the Business Cycle.

    When Sovereign Currencies, trade lower, debt deflation in Equity Investments, that is World Stocks, ACWX, will get strongly underway as the death of currencies commences.

    2) .. The world central banks will develop macroprudential policies and macroprudential tools for financial system stability, and in so doing will lead the way into regional fascism.

    Liberalism, meaning freedom from government, was fathered by Milton Friedman, who heralded monetary freedom through his Free To Choose Doctrine, and was characterized by wildcat finance, a Doug Noland term, where bankers waived magic wands of credit creating prosperity.

    The new paradigm of authoritarianism is emerging. It was heralded by Angela Merkel who said said on November 8, 2013, "We cannot stop halfway. We have to be creative: We have to find our own new solutions." (The EurActiv Institute, "Merkel Preaches Federalism to MEPs, Warns Britain against EU Exit".) It is fathered by Mario Draghi, and is characterized by wildcat governance, where regional fascist leaders waive heavy clubs of diktat enforcing austerity.

    The ECB chairman on June 5, 2014, in NIRP and Targeted LTRO Announcement called for a charge on money held at the ECB,, and on June 14, 2014, in ECB Press Announcement called for shared sovereignty.

    Both Mario Draghi, announcements are designed to address secular stagnation, defined as low growth, low employment, and low inflation; yet both introduce monetary controls.

    Mike Mish Shedlock posts Spain Issues Retroactive 0.03% Tax on Bank Deposits to "Boost Economic Growth and Job Creation". Via translation from Libre Mercado, Spain will retroactively tax bank deposits to January 1, 2014 stating the move will boost growth and job creation

    Yes, Spain is coming out with "A tool for economic growth and job creation".

    There will be many such mandates, that is economic diktat, coming from Eurozone leaders, especially the ECB. The forthcoming diktat; will be "macroprudential regulation tools" designed for financial system stability, as central bank leaders turn away from traditional interest rate policies.

    David Wessel posts in the WSJ Central Bankers Appear to Line Up their Defenses ... And Create The Macroprudential Maginot Line. It looks like there has been some international coordination of monetary policy rhetoric lately.

    With price and wage inflation not a concern right now, we aren't going to raise interest rates and throw a lot of people out of work to avoid excesses in financial markets or to head off possible asset bubbles, they said. There may come a day when our worries about financial stability will prompt us to hike interest rates, but rates are "the last line of defense." Not now. The "first line of defense" is making the financial system more resilient so it can better withstand shocks and using our supervisory and regulatory "macroprudential tools" to rein in excesses, as we are doing now.

    This inquiring mind asks, just what are "macroprudential policies", and "macroprudential tools" for financial system stability? And what might they include?

    Macroprudential tools are central bank regulations designed for financial stability; frankly they are quite blunt central bank clubs; these tools might be exit taxes from bond funds, another might be capital controls, and yet another might be for banks everywhere to be integrated with the government and be known as the government banks or gov banks for short. In the US most every bank, that is Money Center Banks and Regional Banks, have US Government Treasury Notes, TLT, residing at the Fed. As the Benchmark Interest Rate, $TNX, rises banks might be tempted to withdraw these monies from Mother Fed. So I believe the Fed will put a hold on such action and start to integrate banks into the Fed.

    The Fed will be changing and morphing into the North American Fed, and will become the Atlantic compliment to the ECB, that is a North American Continent, that is Canada, Mexico, and America Regional Central Bank, which will serve as the singular banking institution for CanMexAmerica, that is the Regional Financial Hub, for the soon coming North American Union.

    3) ... What constitutes a sound investment strategy?

    Jeremy Hill of Forbes writes Smart Equities For Creeping US Inflation. Basic materials is the primary sector for long positions to take advantage of creeping inflation.

    But such thinking fails to perceive that inflationism in fiat wealth is over through and done.

    Global debt deflation is introducing destructionism of every form. Deleveraging out of currency carry trades and derisking out of debt trades is going to literally destroy fiat wealth.

    The chart pattern in two of his recommendations show completion. LyondellBasell Industries NV, LYB, a popular currency carry trade, manifested a massive dark cloud covering candlestick; and International Paper, IP, a popular debt trade, manifested a blow off market top candlestick

    One could commence a short selling investment strategy, and use these Inverse Market ETFs, such as XVZ, as the basis of collateral, as a huge number of short selling opportunities exist, such as Manufactured Home Builder, CVCO, Tool Manufacturer, MKTAY, and Property Manager, Z, all of which are at their market peak.

    The best investment strategy is one designed for the failure of credit and the death of currencies.

    Short Side of Long posts June Sentiment Report Hedge Funds Have Been Covering Their Short Bets On PMs. Technically speaking, PMs sector still remains in a downtrend and have to overcome quite a few resistance levels before a bull market is to return.

    My take is that those covering their shorts will capitulate, as Equity Investments, VT, Nation Investment, and Small Cap Nation Investment, EFA, Global Financial Institutions, IXG, and Yield Bearing Investments, such as DTN, trade lower, and that an investment demand for gold, GLD, commenced on June 21, 2014, as a wild bout of purchasing of Gold Mining Stocks, GDX, drove Spot Gold, $GOLD, from $1,275 to $1,315.

    I expect the US Dollar, $USD, UUP, to trade higher for a brief period of time as Sovereign Currencies trade lower for a while, and thus for Spot Gold, $GOLD, to trade lower to $1,285, before it soars ever higher on the failure of Credit, AGG, and the death of Currencies, DBV, CEW, that is on the death of fiat money. Gold is in the middle of an Elliott Wave 3 Up, that is in the middle of the most sweeping of all economic waves, specifically the one which creates the bulk of the wealth on its way up to an Elliott Wave 5 High.

    The trade lower in the price of gold, if it does occur, makes for an excellent buying opportunity, as in a bull market one buys into price dips, just as in a bear market, one sells into pips.

    In understanding the value of gold, it is helpful to understand its relationship to empire. Robert Ramsey posts Hidden Secrets of Money II, The 7 Stages of Empire. One of the hidden secrets of money is that each empire goes through 7 stages.

    I recommend that one start to dollar cost average an investment in the physical possession of gold bullion; it can be held

    • in audited vaults, and spread around the world for safety, and covered by an insurance policy.

    • in physical Internet Trading Platforms, such as GoldMoney or BullionVault, and sold as needed.

    • in the Merk GOLD TRUST, the deliverable Gold ETF (NYSEARCA:OUNZ). It's an ETF with the option to take physical delivery of gold.

    Jul 05 7:14 PM | Link | Comment!
  • The Trade Lower In European Financials And The Nation Of Greece, Terminated The Pursuit Of Yield And Turned Stocks Lower

    On Tuesday June 24, 2014, the see saw destruction of fiat wealth got strongly underway, as Equity Investments, VT, Global Financials, IXG, Nation Investment, EFA, Small Cap Nation Investment, and Yield Bearing Investments, joined Credit Investments, AGG, in trading lower; this coming on the failure of the European Financials, EUFN, and Nation Investment in Ireland, EIRL, Greece, GREK, and Austria, EWO.

    The loose monetary policies of the world central banks have finally stirred up inflation and have finally resulted in turning investment sentiment from greed to fear, specifically fear that the world central banks' monetary policies have crossed the rubicon of sound monetary policy, and have "money good" investments bad

    Gold Miners, GDX, GDXJ, Silver Mines, SIL, SILJ, Energy Production, XOP, Global Integrated Energy, IPW, FILL, Energy Service, OIH, IEZ, Solar Energy, TAN, Consumer Staples, KXI, Consumer Discretionary, RXI, Consumer Services, IYC, Timber Producers, WOOD, Automobiles, CARZ, Design Build, FLM, Aerospace and Defense, PPA, Semiconductors, SOXX, Global Industrial Producers, FXR, Metal Manufacturers, XME, Transportation, XTN, Coal Miners, KOL, and Copper Miners, COPX, led World Small Cap Stocks, VSS, and World Stocks, VT, lower, with the result that the world entered into the final phase of the Business Cycle, that is Kondratieff Winter, providing the perfect short selling opportunity of selling from an equity market top, more specifically an Elliott Wave 5 High.

    Of note the famed Berkshire Hathaway, BRK-A, is a failed investment as is seen in its ongoing Yahoo Finance Chart, when compared to Insurance Companies, KIE, Dividend Payers, DTN, and Financials, RWW.

    Ireland's Bank, IRE, Greece's Bank, NBG, Switzerland's Banks, UBS, CS, and the UK's Banks, RBS, LYG, BCS, and Germany's DB, led European Financials, EUFN, lower; Argentina's Banks, BMA, GGAL, BFR, traded lower; and Stockbrokers, IAI, Regional Banks, KRE, and Investment Bankers, KCE, traded lower, leading Global Financials, IXG, lower.

    Gulf States, MES, Egypt, EGPT, Greece, GREK, Finland, EFNL, Austria, EWO, Spain, EWP, Portugal, PGAL, Italy, EWI, Argentina, ARGT, Emerging Africa, GAF, The UK, EWU, EWUS, Norway, NORW, Europe 50, FDD, Turkey, TUR. Thailand, THD, Canada, EWC, US Small Caps, IWM, IWC, New Zealand, ENZL, and Australia, EWA, KROO, led Nation Investment, EFA, lower.

    Yield Bearing Investments, traded lower as Mortgage REITS, REM, and Residential REITS, REZ, traded lower, Industrial Office REITS, FNIO, traded lower, forcing Vanguard REITS, VNQ, lower.

    Also, Eurozone Small Cap Dividend, DFE, Gulf Dividend, GULF, Australia Dividend, AUSE, Emerging Market Dividend, EDIV, Global Infrastructure, IGF, International Small Cap Dividend, DLS, Emerging Market Small Cap Dividend, DGS, Shipping, SEA, Smart Grid, GRID, Leveraged Buyouts, PSP, Water Resources, FIW, International Dividend Dogs, IDOG, Real Estate, IYR, Dividends Excluding Financials, DTN, traded lower.

    Junk Bonds, JNK, traded to a new all time high, as Aggregate Credit, AGG, was led higher by the 30 Year US Government Bonds, EDV, the 10 Year US Notes, TLT, and the Long Duration Corporate Bonds, LWC, which forced the Interest Rate on the US Ten Year Note, ^TNX, lower to 2.59%.

    Credit Bubble Stocks posts "High Yield" Coal Bonds. Coal has had some rough times because of competition from cheap natural gas the past few years. Some of the coal companies have had negative income and even operating profit for multiple years in a row. You'd think maybe there's be some distressed debt opportunities, but the bonds are extremely expensive.

    • Alpha Natural Resources - mines coal in VA, WV, KY (higher cost) in addition to WY. EBIT less than interest expense the past three years. Highest yielding bond 13%.

    • Armstrong Energy - Illinois basin coal (better), but operating income hasn't covered interest expense since 2009, yet bond only yields 8.7%.

    • Peabody (NYSE:BTU) - good coal but highest yielding bond less than 7%.

    • CLD - Powder River Basin (good coal), but highest yielding bond only 5.6%. Is profitable and covering interest expense though.

    • Consol - highest yielding debt 5.5%.

    • Westmoreland - yielding about 5%

    This is probably the type of debt that yield hunger funds have shorted the long bond to buy.

    An inquiring mind asks will inverse bond ETFs such as SAGG, HYND, and AGND, preserve one's wealth, which can seen in their ongoing combined Yahoo Finance Chart?

    Perhaps, but they are dollar based fiat wealth, and will not participate in the increase in wealth that comes from the demand for safe haven hard assets, such as the physical possession of gold bullion, GLD.

    Soon the US Dollar, $USD, UUP, will buckle and trade lower with the rest of the World Major Currencies, DBV, as well as the Emerging Market Currencies, CEW, which will invigorate the investment demand for Gold, GLD, whose price will rise from its current range of $1,240 to $1,320.

    Gold is in the middle of an Elliott Wave 3 Up, and as such only God knows how high it will go

    Wealth can only be preserved by investing in and taking physical possession of gold bullion.

    Doug Noland described money manager capitalism as being characterized by wildcat finance, where bankers waived magic wands of credit creation. The new normal economic experience of regionalism will be one of wildcat governance where regional fascist leaders warn with clubs of debt servitude.

    Disinvestment out of debt trade investments such as Coal Mining Stocks, KOL, such as ANR, Rental Landlord, Blackstone, BX, Wireless Provider, S, Rental and Leasing Companies, HEES, URI, Rubber and Tire Manufacturer, GT, which had underwritten the most risky of debt, and deleveraging out of currency carry trade investments, such as the European Financials, EUFN, the European Small Cap Dividends, DFE, Gulf Dividends, GULF, Emerging Market Dividend, EMIF, Shipping, SEA, and Water Investments, FIW, brought Pursuit of Yield Investing to an end on June 24, 2014, and in so doing terminated the Banker Regime's power of Global ZIRP, which has been largely responsible for the dynamos of creditism, corporatism, and globalism, which served to create the investor as the centerpiece of economic activity.

    Tuesday, June 24, 2014, marked an inflection point in economic history. as the world pivoted from the age of currencies and credit, and into te age of diktat and debt servitude, on the trade lower in the European Financials, EUFN, and the trade lower in Ireland, EIRL, and Greece, GREK.

    The age of investment choice is over and the age of debt servitude has commenced.

    Despite the Credit Bubble Stocks report Treasury Implied Volatility Very Low $TLT. The Creature from Jekyll Island was struck a deadly blow by the bond vigilantes, who tenaciously have yielded the Bow of Economic Sovereignty, that is the Interest Rate on the US Ten Year Note, ^TNX, calling it higher from 2.49%, and sustaining it at 2.59%, which destroyed Credit Investments, that is Aggregate Credit, AGG, beginning June 2, 2014.

    Debt deflation is underway, and it has led to the Euro, FXE, the British Pound Sterling, FXB, and now the Australian Dollar, FXA, trading lower in value. Soon, debt deflation will commence in Emerging Market Currencies, CEW, turning the Emerging Markets, EEM, and the Frontier Markets, EMFM, FTR, lower, making the Bloomberg report Norway's $880 Billion Wealth Fund to Target Frontier Markets, a most unfortunate thing.

    Look for Hedged Equity ETFs, HEDJ, and DBEM, to consistently trade lower.

    Out of the failure of credit and the death of currencies, the Beast Regime, will rise to power, as the singular dynamo of Regionalism, powers up, as leaders meet in summits to renounce national sovereignty, and to announce regional pooled sovereignty for regional security, stability and sustainability.

    Regional fascist leaders will announce diktat policies of regional economic governance and schemes of totalitarian collectivism which will develop the debt serf as the centerpiece of economic activity

    Jun 24 8:44 PM | Link | Comment!
  • Mario Draghi Announces The EU Economic Manifest For Eurozone Regional Governance As Stocks Top Out In Value

    Financial market report for the week ending June 20, 2014

    Financial market report for the week ending June 20, 2014

    Fiat money is defined as the combination of Major World Currencies, DBV, Emerging Market Currencies, CEW, and Aggregate Credit, AGG.

    Through the monetary policies of the world central banks and abundant choices of debt trade investing such as KATE, LAMR, and KR, and carry trade investing, such as MKTAY, PUK, NMM, money has become cheap, credit has become surreal, and wealth has become totally fiat.

    The failure of money has commenced, as all three of its components are now trading lower from their market top highs. The death of sovereign currencies, such as the Euro, FXE, the Swiss Franc, FXF, the Swedish Krona, FXS, the Chinese Renminbi, CNY, and the Indian Rupe, ICN, communicates the soon coming beginning of extinction of all investors, specifically, the risk adverse investor, the risk purposeful investor, and the fixed income investor.

    These are like the wooly mammoth, who was frozen instantly in place, by a rush of freezing air or water, as presented By John D. Keyser in Earth Rings and Frozen Mammoths.

    A see saw destruction of the components of fiat wealth, these being Equity Investments, VT, Nation Investments, EFA, Banking Investments, IXG, and Credit Investments, AGG, is underway, on the failure of Sovereign Currencies, such as the Euro, FXE, the Swiss Franc, FXF, the Swedish Krona, FXS, and the India Rupe, ICN, trading lower in value.

    One can follow the destruction of fiat wealth, coming at the call of the bond vigilantes, and the call of currency traders, with the use of this Finviz Screener of 50 Common ETFs.

    Wealth can only be preserved by investing in and taking physical possession of gold bullion and by savings held in gold based Internet trading accounts such as Gold Is Money and Bullion Vault as in financial market trading on Friday, June 20, 2014, the stock market pivoted from a bull market to a bear market.

    With the trade lower in Major World Currencies, DBV, and Emerging Market Currencies, CEW, coming on the June 5, 2014 Mario Draghi ECB mandate of NIRP and TLTR, pivoted the world from the age of credit and currencies and into the age of diktat and debt servitude.

    The Mario Draghi ECB Mandate of June 5, 2014, for ZIRP and Targeted LTRO, together with the The June 21, 2014, Mario Draghi ECB Press Announcement, address secular stagnation, defined as low growth, low employment, low inflation, and the threat of economic deflation; and serve as the EU Economic Manifest, that is the Charter Call and Club, for Eurozone regional governance.

    AP reports ECB President Draghi Says Eurozone States Should Surrender Some Financial Sovereignty

    In the interview with Dutch newspaper De Telegraaf published Saturday, June 21, 2014, Draghi said "economic policy cannot be a purely national matter" because of the impact European countries' policies have on each other.

    Much has been undertaken to close the gaps in Economic and Monetary Union, stricter budget rules and a banking union. Is everything now in place?

    "The banking union is a major step forward in the direction of a more complete monetary union. The crisis has shown that the economic policies of one country have a clear impact on other countries. Economic policy cannot be a purely national matter. Where fiscal policy is concerned, a certain degree of Union-wide discipline is already given. But the marked imbalances between euro area countries are due to a lack of structural reforms in some countries. The next step to be taken is to subject structural reforms, too, to Union-wide discipline."

    Current economic policy coordination in the euro area is merely a first step?

    "Yes, indeed, it is merely a first step."

    What will the second step look like?

    "That is a matter for the political domain to decide. In the case of the budget agreements, sovereignty has been shared among Member States. That should also be done with respect to the labour market, competitiveness, bureaucracy, agreements on the internal market. Sovereignty needs to be shared at a level other than the national sphere. That is where I stop. Because now there are several options for politicians to choose from. You could grant greater powers to the European Commission, or to the Member States within the European Council, or you could create new European institutions. That is not for me to decide."

    The contention of some politicians that EMU is complete is thus not correct?

    "No, far more is necessary for a perfect monetary union."

    Is a budgetary authority necessary at the euro area level, a fund for the compensation of weak countries?

    "That is a highly political issue. Compliance with existing rules would be enough. But it is clear that my predecessor in office, Trichet, made a strong case for a budgetary authority."

    The Mario Draghi ECB June 5, 2014, Announcement of NIRP and TLTRO, and the June 21, 2014, Press Conference Statement calling for a surrender of some sovereignty, comes to represent the important assertion of a unified experience, and serves as an early statement in the long process to establish Eurozone economic governance, where diktat provides seigniorage, that is moneyness, replacing democratic nation governance, and the traditional seigniorage of economic choice.

    This inquiring mind asks will there be a Brexit? The UK has its own currency, and may be able to detach from growing German and Brussels control. John Mauldin suggests that Brexit Is But A Matter Of Time. Sooner or later the UKIP will take control in an act of sovereign self preservation. As elites gather to Harpsund, Sweden to decide who will be the next EU president, a firestorm is brewing as the consummate socialist insider Jean Claude Juncker anointment is being challenged by our friends in the UK. David Cameron can read the numbers and the UKIP shot across the bow has stiffened his spine in resisting the irresistible force of elites driving the process of gathering power to the central government in Brussels.

    Most assuredly Jean Claude Juncker, is an elite insider, and the consummate European Federalist, who has a vision for a Federal Europe, and therefore will very likely be approved to be the next EU President.

    The Friday, June 20, 2014, pivot from bull market to bear market is seen in Convertible Securities, CWB, topping out in value, as well as the 20 20 Target Date ETF, TDH, the International Quality Dividend Defensive, IQDE, and the S&P Buy Write, PBP, trading sharply lower.

    The age of financialization and securitization is over, though, finished, and done, as is seen in the Proshares Short MSCI EAFE, EFZ, trading higher in value.

    Peak wealth has been attained with Utilities, XLU, topping out; its 2.6% rise the week ending June 20, 2014, evidences that pursuit of yield investments has run its course.

    And Global Integrated Energy, IPW, and Global Agriculture, PAGG, topping out, evidences the termination of defensive stock investing.

    The Emerging Market Bear Market ETFs, EUM, EEV, and EDZ, traded higher on Friday June 20, 2014. The Emerging Market, EEM, sell off will soon proceed to become Developed Market sell off, as sovereign currencies trade lower on debt deflation.

    Most of the Inverse Market ETFs, STPP, XVZ, EUO, YCS, MLPS, SAGG, DTYS, JGBS, GLD, GYEN, GEUR, GGBP, YXI, EUM, DOG, SEF, EFZ, DDG, PSQ, REK, MYY, RWM, are now trading higher, evidencing that peak wealth has been attained; these could be used as collateral for the basis of short selling.

    Across The Curve posts Inflation Rears Its Ugly Head. Janet Yellen at her press conference last week dismissed concerns about higher inflation reading as "noise ". The Business Insider blog has a compendium of street research pieces which all comment on the nascent inflation problem and its possible impact on FOMC policy. For now the Fed is firmly focused on employment and is paying less attention to inflation.

    The labor market remains less than robust and wage gains are stagnant.Until we see consistent wage gains which would foster spending which fosters revenue and net income and then the virtuous cycle fulfills itself via business investment it is hard to imagine that we get a sustained uptick in inflation.

    The Bull Flattening of the 10 30 US Sovereign Debt Yield Curve $TNX:$TYX, came to an end on June 2, 2014, as is seen in Steepner ETF, STPP, steepening in value in June. The surge in Oil, USO, and the investment demand for Gold, GLD, as well as the failure of the government in Iraq and an enduring civil war in Ukraine, has not yet been priced into inflation; there has only been a tiny rise in the ratio of Long Term Tips. LTPZ, to US Ten Year Notes, TLT, that is in LTPZ:TLT.

    The Bear Steepening that commenced in early June 2014, continued the week ending June 20, 2014, as The 30 Year US Government Bonds, EDV, The 10 Year US Government Notes, TLT, and Long Duration Corporate Bonds, LWC, traded lower. Risk Free Credit, FLOT, traded to a new all time high.

    Awesome inflation, inflation beyond the imagination of most is coming very soon as investors derisk out of debt trade investments and deleverage out of currency carry trades and as the Bond Vigilantes call interest rates world wide in response to the turmoil which is coming as the International Reserve Currency, that is the US Dollar, literally dissolves into diktat money, that is the mandates of regional fascist leaders, designed to establish regional security, stability, and sustainability.

    The peaking out in risk assets comes with rising headline inflation, has produced an investment demand for Gold, GLD, and Silver, SLV. The demand for safe assets, that is gold and silver, is seen in the rallying value of gold relative to sovereign currencies, and is presented in the ongoing Yahoo Finance chart of the ETFs, GLD, GYEN, GGBP, and GEUR.

    Finviz Screeners listing short selling opportunities.

    Global Utilities And International Telecom Stocks, such as PHI

    EUR/JPY Carry Trade Investments, such as TRNX

    Railroads, such as TRN

    Shippers, such as NMM

    Truckers, such as PTSI

    Global Producers, such as LYB

    Diversified Industrial Manufacturers such as CLC

    Aluminum Producers, such as AA

    Dig And Dirt Moving Stocks, such as IR

    Industrial Electrical Equipment Manufacturers, such as ETN

    Paper and Packaging Producers, such as KS

    Automobile Stocks, such as TSLA

    Semiconductor Stocks, such as NXPI

    Rental And Leasing Companies, such as HEES, and URI

    Fracking Companies, such as BAS

    Property Management Companies, such as Z

    Real Estate Development Companies, such as JOE

    Hotel REITS, such as LHO

    Premium REITS, such as SBAC

    Leading S&P 500 Companies, such as HAL, COP, FDX, JNJ, TAP, PPG, MSFT, VZ

    The Top Ten Energy Producers such as FANG, and CRZO

    Manufactured Housing, such as CVCO,

    50 Inflated Stocks, such as SMFG

    50 More Inflated Stocks, such as CELG,

    Suggested Reading

    Peak Prosperity posts Why The Next 20 Years Will Be Completely Unlike The Last 20

    Jun 23 1:51 PM | Link | Comment!
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