Eric King has for some time posted plenty of dramatic commentary about the state of the financial world, BUT it is getting completely wacky now that Japan has been pressured by the financial elite at Dravos to take rates negative. Draghi (Europe’s chief counterfeiter) is even more stupid but that’s how the system plays out…

Stockman calls a spade a spade. He is a former White House Budget Director under the Reagan administration and knows his stuff. Note how he criticises the Wall Street cheerleaders.

Markets are in turmoil as result of this action, especially as Kuroda himself just said a couple of weeks earlier that he wasn’t going to use negative rates. A quick trip to the Davos meeting with all wealthy hoy-p’loy  and he changes his mind, no doubt due to pressure from someone to try it out…

Lets hope that New Zealand already has trade staff in Iran negotiating to supply the food products NZ makes. Iran will buy 73 long-haul and 45 medium-haul Airbus passenger planes and set up a joint venture with French car-maker Peugeot Citroen. Both deals are part of a total of 20 agreements signed after a meeting…

Peter Schiff has been warning of major financial issues for  a long time now, years actually but with trillions sloshing around on bank balance sheets due to QE the Wall Street party rolled on an on. It seems some of the financial elite are now re programming their thinking and being prepared to say it…

This article first published in the Wall Street Journal indicates that even some of the hard-core establishment are doubting the future “The Fed’s monetary policy of extraordinarily low interest rates helped create the asset bubbles in stock and commodity prices that are now bursting. In retrospect, the Fed’s rate hike last month will likely be…

January 26, 2016 Choppy Seas for Transportation Stocks “Red sky at night, sailor’s delight. Red sky in morning, sailor’s warning.” —Old sailor’s adage In the old times of sailing ships, sailors paid careful attention to the weather to see if it was safe to set sail. Investors should be watching the economic climate with the…

Pay attention readers! Jim Rickards writes: It’s one thing for bloggers to predict financial collapse. But what happens when the world’s most powerful people gather in a secret conclave to say the same thing? That’s what happened last week at Davos. Heads of state, CEOs, academics and central bankers gathered to discuss the state of the…

More and more bankers, especially central bankers are calling for a ban on CASH. Start thinking about what it all means, not only are you being watched but every facet of your financial life will be monitored and controlled. “There are so many dangers and disadvantages associated with cash, we have concluded that it should…