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Gold, Bubbles, S&P 500, and Currency Wars

From John Rubino: “We’ll Look Back At This And Cringe” “Millions of people out there still bear the psychic scars of buying gold at $ 800/oz in 1980 or a tech stock at 1,000 times earnings in 1999 or a Miami condo for $ 1,000 per square foot in 2006. Today’s bubble will leave some similar marks. But where those previous bubbles were narrowly focused on a single asset class, this one is so broad-based that the hangover is likely to be epic in both scope and cumulative embarrassment.” BUBBLE? WHAT BUBBLE? WARS: CURRENCIES AND NUCLEAR From Timothy Alexander Guzman: […]

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THE U.S. STOCK MARKET: Highly Inflated Bubble To Super-Charged Tulip Mania

Investors need to be concerned that the U.S. Stock Market is well beyond bubble territory as it has now entered into the final stage of a Super-Charged Tulip Mania. Not only are stock prices inflated well above anything we have ever seen before, but valuations are also reaching heights that are totally unsustainable. Unfortunately, these highly inflated share prices and insane valuations seem normal to investors who are suffering from brain damage as years of mainstream propaganda have turned the soft tissue in their skulls to mush. Also, we are way beyond “Boiling Frogs” now. Yes, we passed that stage […]

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The Bitcoin Bubble: A $6,000 Pokémon Card

The following is an excerpt from our Macro Intelligence Report (MIR). If you’d like to learn more about the MIR, click here. On May 22nd 2010, computer programmer Laszlo Hanyecz ordered two Papa John’s pizzas. They were Hawaiian style. He paid $ 60,000,000. According to Laszlo, they were your typical Papa John’s, and tasted only “okay…” In 2013, a Brit by the name of James Howells accidentally threw away a laptop worth over $ 45,000,000. He realized what he’d done a few months later and went down to the landfill to dig through mountains of garbage to no avail. James […]

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The Fed’s Everything Bubble And The Inevitable Asset Crash

Do not mistake outcomes for control – remember, there is no such thing as control – there are only probabilities. – Christopher Cole, Artemis Capital Central Banks globally have created a massive fiat currency fueled asset bubble.  Stock markets are the largest of these bubbles – a bubble  made worse by the Fed’s attempt to harness the “power” of HFT-driven algo trading.  At least for now, the Fed can “control” the stock market by pushing the buttons that unleash hedge fund black box momentum-chasing and retail ETF  buy orders whenever the market is about to head south quickly. However, the […]

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Is Gold or Bitcoin a Bubble? (How Much Energy Do They Consume)

If you are investing in either Bitcoin or Gold, it’s important to understand which asset is behaving more like a bubble than the other. While it’s impossible to understand how the market will value these two very different assets in the future, we can provide some logical analysis that might remove some of the mystery associated with the market price of Bitcoin vs Gold. I’ve read some analysis on Bitcoin profitability and energy consumption that seemed unreliable, so I thought I would put my two cents in on the subject. For example, many sites are using the Digiconomist’s work on […]

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As A Dog Returns To Its Vomit, Stock Jockeys Return To The Ponzi Stocks

Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. – Sir John Templeton I’ve always admired John Templeton. Not as the “father” of the modern mutual fund but because I considered him to have been one of the most intelligent thinkers in at least my lifetime (55 years). In 2003 he gave an interview from his retirement “perch” in the Bahamas to one of the financial media organizations. He stated at the time that he would not invest in the U.S. housing market until “home prices go down to one-tenth of the highest […]

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Bubble Denial… Just as It May Finally Be Peaking

As I have commented recently, my mainstream media interviews have almost totally dried up – even with Fox Business. The last three I have done have been more about my on-the-ground experience in Puerto Rico! It makes perfect sense though. Bubbles always suck everyone in before they implode. The financial media, like CNBC, become cheerleaders for the bubble. Bears turn to bulls. And almost everyone goes into bubble denial. But mark my words here: This third and final bubble (fourth if you count 1987) is now the biggest and most obvious bubble in this boom since 1983. And it’ as […]

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Former Fed Chairman Alan Greenspan Ominously Warns That The Biggest Bond Bubble In History Is About To Burst

Are we right on the verge of one of the greatest financial collapses in American history?  I have been repeatedly warning that our ridiculously over-inflated stock market bubble could burst at any time, but former Federal Reserve Chairman Alan Greenspan believes that the bond bubble actually presents an even greater danger.  When you look at the long-term charts, you will see that an epic bond bubble has been growing since the early 1980s, and when it finally collapses the financial carnage is going to be unlike anything we have ever seen before. Since the last financial crisis, global central banks […]

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The Fed May Show Trump No Love

Our weekly commentaries provide Euro Pacific Capital’s latest thinking on developments in the global marketplace. Opinions expressed are those of the writer, and may or may not reflect those held by Euro Pacific Capital. By: Peter Schiff Thursday, July 20, 2017 Email Typically, U.S. Presidents are wary of claiming stock market performance as a referendum on their success. Most have seemed to understand that taking credit also means accepting blame, and no one would want to make the tortured argument that the positive moves reflect well on their presidency but that the negative moves do not. But Donald Trump has […]

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What Will Happen To The Precious Metals When this Bubble Pops?

As the Mainstream financial media continues to promote the biggest market bubble in history, only a small fraction of investors are prepared for the disaster when it finally POPS. The markets are so insane today, it seems as if fundamentals don’t matter any more. However, they actually do if we look at the numbers closely. In order to invest in the correct assets going forward, one must choose between those with a low RISK and high REWARD versus assets with a high RISK and low REWARD. While this may seem like common sense, I can assure you, the market makes […]

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