by Jack the Pipper | 1 year ago | 2:44 PM | 20 Dec 2011
About fifteen years ago I remember when the guru-in-chief for Morgan Stanley was Barton Biggs. He is a very bright man and has had many investment successes, so don't get me wrong when I share this.… More…
by Jack the Pipper | 1 year ago | 2:13 PM | 19 Dec 2011
The $50 billion in renewed FX swap lines at the beginning of December was a nice stocking stuffer for the eurozone. And you might recall the recent disclosure of the $7.7 trillion that the Federal Reserve loaned out to global banks to stem the impact of the 2008 financial crisis.… More…
by Jack the Pipper | 1 year ago | 1:38 AM | 15 Dec 2011
I find it interesting how complacent many still are regarding Asia, China in particular. But I guess if one vests so much time and effort to wave a convincing story, it is difficult to be objective (guilty as charged).… More…
by Jack the Pipper | 1 year ago | 12:09 PM | 12 Dec 2011
We hit on technocrats, out-of-control spending, unprincipled politicians, entitlement, monetary malaise, fiscal disorder, etc. If we were you, we'd probably deduce the same thing: time to bet on gold.… More…
by Jack the Pipper | 1 year ago | 10:37 AM | 09 Dec 2011
Give technocrats an excel spreadsheet, make a circle, hold hands, sing kumbaya, and all is right in the world. Well, at least in the world that matters to politicians--the real world where people work and live is a different story.… More…
by Jack the Pipper | 1 year ago | 1:07 PM | 08 Dec 2011
I read an article this morning suggesting the entitlement generation is ruining American culture. No arguments here. Join the club.… More…
by Jack the Pipper | 1 year ago | 2:51 AM | 06 Dec 2011
People will argue that eventually fundamentals always matter. It can also be argued that price dictates fundamentals over certain time frames.… More…
by Jack the Pipper | 1 year ago | 10:40 AM | 02 Dec 2011
Back in 2007 some no-name GOP political candidate with two first names emphasized the need to restructure our monetary system. But he had a hunch government would not even consider tackling the problem until a major crisis descended upon the US financial system.… More…
by Jack the Pipper | 1 year ago | 10:33 PM | 01 Dec 2011
When you think of what happened to our light bulbs you just shake your head and say: I couldn't make this &*^% up if I tried! Sadly, when we watch the actions of the Fed we do the same.… More…