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Interview With James Rickards, Author of "The Death of Money" Posted by Michael Shedlock at 4:25 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice.
Wine Country Conference II Videos: Introduction and Hussman on "A Very Mean Reversion" Posted by Michael Shedlock at 1:11 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)
Reuters reports Bank of Japan, more confident about recovery, quietly eyes stimulus exit . The Bank of Japan has begun shifting its focus from supporting growth to ways of phasing out its massive stimulus, taking first tentative steps towards a potentially momentous move for the world economy.
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See more here: Steen Jakobsen on "Slow Growth Impact" of European Parliamentary Elections
Former Bundesbank Vice-President Recommends Gold, Says Current Economic System is "Pure Fiction" Anyone who is thinking clearly knows the economic system fostered by central banks is totally and completely out of control. Repetitive rounds of QE, competitive currency debasement, interest rates at zero, and sponsorship of the internet bubble followed by the housing bubble, followed by the current stock market bubble is proof enough. So, what I am about to report is really nothing but common sense, except for the fact that it comes from an unusual place, where one does not normally hear such discussions
Are Mortgage Credit Conditions "Tight"? A statement in regards to credit condition in a Bloomberg article this morning on New Home Sales caught my attention and merits further investigation. Here is the statement in question: " Builder optimism has eased as well, reflecting still-tight credit conditions and limited availability of lots
± 18.2 ± 22.3 Year-over-year, the US is down, the South is down, the Northeast is down, and the West is down. Only the Midwest is up. And please note the exceptionally wide confidence levels for Midwest sales. The Census bureau adds these additional notes "Changes in seasonally adjusted statistics often show irregular movement.
Please consider Bezos expects 10,000 robots at Amazon warehouses by 2015 Amazon.com plans to aggressively expand its use of robots at it warehouses in 2014, rolling out 10,000 of them by the end of 2014. Chief Executive Jeff Bezos told investors at Amazon’s annual shareholders meeting Wednesday that the company has about 1,000 robots picking products today. The robots are made by Kiva Systems, a company Amazon purchased two years ago for $775 million in a bid to further automate its warehouses
View original post here: Existing Home Sales "Rebound": Headline Hype vs. Reality