Friday, 29 April 2016

Chart of The Day: A Key Reason the Ensuing Financial Panic Remains Elusive

Read more about the money relation here.

Thursday, 28 April 2016

U.S. GDP Charts of The Day: 10-Year GDP Growth Hits Lowest Level Ever

Lowest ever: 

Lowest ever: 

Closing in fast on the lowest ever:

Monday, 25 April 2016

Chart of The Day: Sell in May and Go Away?

Assuming no sharp drops in stock prices during the final week of April, could this coming May be the best opportunity in a very long time to "sell in May and go away?

Friday, 22 April 2016

Charts of The Day: Money Supply, Savings, and the Stock Market

For more on this subject, read:

Wednesday, 13 April 2016

"Spot-On Indictment of Central Bank Lunacy"

Saturday, 2 April 2016

My Best General Investment Tip for The Longer Term in a Fiat Money World

When stocks and bonds are highly valued:

Put your excess money in a non-perishable, liquid asset, income earning or not, that increases in quantity at a substantially slower pace than the increase in the quantity of money

Chart of The Day: Bank Deposits Fall to Recession Lows

The majority of money is kept as bank deposits. In a nominal world where most measures of "growth" are measured in money, this downturn in growth rate is a hallmark of a recession measured in monetary terms (e.g. GDP). 

Something for The Week End: Mervyn King - The Previous King of Alchemy

Right. I have little respect for Mervyn King, the governor of the Bank of England from 2003 to 2013, as I sat in the hart of London in 2008 witnessing the flip-side of easy money policies. 

However, in an attempt to deal with a bad conscience, or perhaps he has simply woken up a little, in this interview he addresses some of the problems with money and banking (the alchemy bit). And that has some value, as a larger audience might now become more familiar with the problems of the current poverty-generating banking "model". In a longer session (here), he acknowledges that banks need substantially more equity capital.

Note: do not read his book, read the books of some of the masters of economics, banking and money instead, such as Ludwig von Mises and Friedrich A. Hayek.