Author: Acting Man

Hell To Pay

Hell To Pay by MN Gordon – Acting-Man Behind the Curve Economic nonsense comes a dime a dozen.  For example, Federal Reserve Chair Janet Yellen “think(s) we have a healthy economy now.”  She even told the University of Michigan’s Ford School of Public...

Pulling Levers to Steer the Machine

Pulling Levers to Steer the Machine by Bill Bonner – Acting-Man Ticks on a Dog A brief comment on Fed chief Janet Yellen’s revealing speech at the University of Michigan. Bloomberg:   “Before, we had to press down on the...

The Empire Needs an Emperor

The Empire Needs an Emperor by Bill Bonner – Acting-Man Unknown (sort of) Head of State BUENOS AIRES – Type Swiss President “Doris Leuthard” into Google. You will get about 450,000 results. Do the same with Donald Trump, and the...

Failure to Launch

Failure to Launch by MN Gordon – Acting-Man Identified Flying Objects The future is here and it’s not all it was cracked up to be.  For example, one of the great disappointments of the 21st century, thus far, is the...

Gold and the Fed’s Looming Rate Hike in March

Gold and the Fed’s Looming Rate Hike in March Author Helder Mello Guimares Long Term Technical Backdrop Constructive  After a challenging Q4 in 2016 in the context of rising bond yields and a stronger US dollar, gold seems to be getting its...

Speculative Blow-Offs in Stock Markets

Speculative Blow-Offs in Stock Markets Author Pater Tenebrarum Defying Expectations Why is the stock market seemingly so utterly oblivious to the potential dangers and in some respects quite obvious fundamental problems the global economy faces? Why in particular does this happen...

America in a Drugged Stupor

America in a Drugged Stupor by Bill Bonner Learning Machine BALTIMORE – The Dow, the S&P 500, and the Nasdaq remain near record highs and are up about 10% since Election Day. Fed officials say they could raise interest rates...

Unleashing Wall Street

Unleashing Wall Street

Unleashing Wall Street by Bill Bonner To Unleash or Not to Unleash, That is the Question… LOVINGSTON, VIRGINIA –  Corporate earnings have been going down for nearly three years. They are now about 10% below the level set in the...

BIGGEST MARKET FRAUD IN HISTORY | Bill Murphy (Video)

Gold Sector Update – What Stance is Appropriate?

Gold Sector Update – What Stance is Appropriate? Author Pater Tenebrarum The Technical Picture – a Comparison of Antecedents We wanted to post an update to our late December post on the gold sector for some time now (see “Gold – Ready...

Trump: The Die Is Cast!

Trump: The Die Is Cast! by Bill Bonner Long March BALTIMORE – Last week, Team Trump made its triumphant march into Washington. The president-elect paid his respects at the Tomb of the Unknown Soldier, admired his new hotel in Washington,...

US Financial Markets – Alarm Bells are Ringing

US Financial Markets – Alarm Bells are Ringing by Pater Tenebrarum A Shift in Expectations When discussing the outlook for so-called “risk assets”, i.e., mainly stocks and corporate bonds (particularly low-grade bonds) and their counterparts on the “safe haven” end of...

Where’s the Outrage?

Where’s the Outrage? by Roger Barris Blind to Crony Socialism Whenever a failed CEO is fired with a cushy payoff, the outrage is swift and voluminous.  The liberal press usually misrepresents this as a hypocritical “jobs for the boys” program within...

Money Creation and the Boom-Bust Cycle

Money Creation and the Boom-Bust Cycle A Difference of Opinions In his various writings, Murray Rothbard argued that in a free market economy that operates on a gold standard, the creation of credit that is not fully backed up by...

Modi’s Great Leap Forward

Modi’s Great Leap Forward – Author Jayant Bhandari India’s Currency Ban – Part VIII India’s Prime Minister, Narendra Modi, announced on 8th November 2016 that Rs 500 (~$7.50) and Rs 1,000 (~$15) banknotes would no longer be legal tender. Linked are Part-I, Part-II, Part-III, Part-IV, Part-V, Part-VI and Part-VII, which...

Gold – Ready to Spring Another Surprise

Gold – Ready to Spring Another Surprise Author Pater Tenebrarum Sentiment Extremes Below is an update of a number of interesting data points related to the gold market. Whether “interesting” will become “meaningful” remains to be seen, as most of...

Wreck the Halls

Wreck the Halls by MN Gordon Arrested Development Despite the best efforts of the bulls to make history happen, they’ve been unable to ‘git-r-done.’  At the time of this writing, the Dow is facing another bout of arrested development; it...