Topic: Monetary reset
In a Nutshell
The financialization of our modern day credit driven economy and the unprecedented explosion of debt in the past four decades have slowly but surely driven our monetary system to a dead end. Unless preempted by a major war, the impact to our society when the monetary reset unfolds will not be smooth.
We go into mid-level details on topics contributing to the monetary reset, many of which are not covered, intentionally or otherwise, by mainstream media in the hope that you won’t get broadsided by this financial pickup truck when it hits and complain “Nobody saw this coming”.
Volatility & the Alchemy of Risk
A deep dive look at the world of short volatility trading strategies, their hidden risks and likely cause for a volatility explosion. Get acquainted before it blows up your retirement portfolio.
Shock Waves Spread from Spain’s New Banking Crisis
The shares of Spain’s sixth biggest bank, Banco Popular, plunged 36% this week to €0.43, causing senior officials of the ECB to warn that the bank could be wound down if it fails to find a buyer. Should that happen, it would be the first major test of …
Arizona Governor Signs Bill to Repeal State Capital Gains Taxes on Gold and Silver
Arizona Governor signed a bill into law that eliminates states capital gains taxes on gold and silver specie, a first step to facilitate their use as currency and undermine the Federal Reserve’s monopoly on money.
A Brief History of Eastern European Currencies
A brief history of currency changes in Central and Eastern European countries since the 19th century to the present day.
Canadian Banks Derivatives Expanded By A Trillion in 2016
Another glance at the total derivatives the big 5 Canadian banks are exposed to since our last report shows the banks collectively continued to expand their derivatives books – by almost 1 trillion.
Deutsche Bank Prices €8 Billion Stock Offering At 35% Discount
In its fourth capital infusion since 2010, Deutsche Bank plans to raise €8 billion through the sale of equity. Existing shareholders can expect a massive dilution of 35%.
Misreading the Tea Leaves – the Fed Policy Shift
The immediate market celebration of a continued accommodative Fed at the last FOMC meeting might be premature. The pundits might have missed the cues buried in the Fed’s tea leaves.
Arizona Committee Passes Bill to Treat Gold and Silver as Money, Remove Capital Gains Taxes
Arizona takes a step in eliminating the FedEx’s monopoly on money by introducing competition into the monetary system.
Fuse is Lit! Target2 Imbalances Hit Crisis Levels
Eurozone Target 2 imbalances have touched or exceeded the crisis levels hit in 2012 when Greece was on the verge of leaving the Eurozone. What gives?
German 2Y Yield Plunges To Record -0.95%
German 2-year yield just hit an all-time low of -0.95% this week.
Canadian Banks Derivatives Expanded By A Trillion in 2016
Another glance at the total derivatives the big 5 Canadian banks are exposed to since our last report shows the banks collectively continued to expand their derivatives books – by almost 1 trillion.
Misreading the Tea Leaves – the Fed Policy Shift
The immediate market celebration of a continued accommodative Fed at the last FOMC meeting might be premature. The pundits might have missed the cues buried in the Fed’s tea leaves.
End of Growth Rattles Our Economic Constructs
Conventional economists and monetary practitioners take it as gospel that economic growth is both a necessity for our well being and something which can be projected indefinitely into the future. The end of growth as we are now witnessing, then, would fundamentally alter the constructs upon which our economy is based, with far reaching impacts.
Global Financial Crisis Act II – Deutsche Bank Part 2
Part 2 of the series describes the sequence of a typical bank failure and explores the list of options available to Deutsche Bank and the likely outcomes.
Global Financial Crisis Act II – Deutsche Bank
The commercial break at the close of the opening act of the global financial crisis in 2008 is finished. Here comes Act 2 with the globe’s most risky bank as featured guest.
European Banking Crisis Season 2 Is At Hand
With Brexit serving as the catalyst, Season 2 of the European banking crisis may be about to unfold.
Canadian Bank Derivatives Exposures – 2016 Q1 update
In light of the recent bank bail-in legislation introduced by the Canadian government, here’s an update on how much the big 5 Canadian banks are exposed to derivatives, those toxic financial instruments of mass destruction which blew up the financial world in 2008 had it been not for the governments using massive public money to bail out the private banks.
Deflation, Debt & the Monetary Reset
A confluence of driving forces nudges the global monetary system toward a reset, with deflation leading the charge.
Liquidity: Closing the Gate
Faced with mounting losses in their bond portfolios and massive redemption requests, mutual and hedge funds begin suspension of any and all redemption requests. The next phase of the junk bond crisis has begun.
Liquidity: ETF Flash Crashes
The flash crashes of some of the largest blue chip tracking ETFs on Aug 25 should serve as a warning of what’s to come for their smaller and illiquid high yield brethren.