A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
Read More »
Posts Tagged ‘ Currency ’
Euro Drops to 22-Month Low on EU Crisis Concern; BOJ Lifts Yen – San Francisco Chronicle
Euro Drops to 22-Month Low on EU Crisis Concern; BOJ Lifts YenSan Francisco ChronicleMay 23 (Bloomberg) -- The euro fell to its weakest level against the dollar since July 2010 on speculation a summit of European Union leaders will provide no new measu...
Read More »
Ukraine’s Hryvnia Drops to Two-Year Low on Europe Crisis Concern – Bloomberg
Ukraine's Hryvnia Drops to Two-Year Low on Europe Crisis ConcernBloombergThe hryvnia depreciated for a seventh day against the dollar, poised for its longest losing streak since December 2008, on speculation uncertainty about Europe's debt cris...
Read More »
Rand Declines on Concern Euro Debt Crisis to Weigh on Growth – Bloomberg
Rand Declines on Concern Euro Debt Crisis to Weigh on GrowthBloombergThe rand depreciated before data that may show consumer sentiment in the euro area, South Africa's biggest trading partner, slipped to a four-month low as the debt crisis weighs o...
Read More »
Treasury Yield Close to Record Low on Europe Debt Crisis – Bloomberg
Treasury Yield Close to Record Low on Europe Debt CrisisBloombergEuropean Union leaders are scheduled to meet tomorrow amid speculation Greece will drop the euro as its currency as it battles a recession. “My main scenario is that the world is OK,”...
Read More »
Euro area bonds to be discussed at informal EU summit-officials – Reuters
Euro area bonds to be discussed at informal EU summit-officialsReutersThe rapid deterioration in the euro zone debt crisis over the past month, with Greece's potential exit from the 17-country currency bloc no longer taboo, has brought the idea bac...
Read More »
Greek exit could cost euro zone 100s of billions| Reuters
(Reuters) – A Greek exit from the euro zone could expose the European Central Bank and the currency bloc it seeks to protect to hundreds of billions of euros in losses, landing Germany and its partners with a crippling bill… …With most of Greek’s private creditors having taken heavy writedowns as part of the...
Read More »
Spanish Yields Rise on Euro Fears – Wall Street Journal
BloombergSpanish Yields Rise on Euro FearsWall Street JournalBy EMESE BARTHA Spain's borrowing costs lurched higher at a bond auction Thursday as mounting doubts over Greece's future in the euro zone spurred fears that other fiscally frail nati...
Read More »
FTSE 100 hit by eurozone fears (via AFP) Full Story
FTSE 100 hit by eurozone fears (via AFP) London’s leading share index slumped on Monday as markets across Europe were hit by mounting fears over the eurozone and a potential exit of Greece from the currency bloc. The FTSE 100 index of top companies closed down 1.97 percent to 5,465.52 points but fears of...
Read More »
Greece, euro exit and the drummer in the band | Reuters
May 14 (Reuters) – …while it may have become commonplace to discuss a Greek exit (or Grexit as many economists call it), the practicalities and implications of it are far more complicated and daunting than many outside observers acknowledge. It’s not even clear Greece can leave the common currency. The EU’s Lisbon Treaty doesn’t...
Read More »
SocGen’s booming fixed income brightens first-quarter profit hit – CNBC.com
AFPSocGen's booming fixed income brightens first-quarter profit hitCNBC.comPARIS (Reuters) - French bank Societe Generale posted a surprise surge in first-quarter bond, currency and commodities revenue on Thursday, boosting confidence in its busine...
Read More »
Got an Edge?
The 1st Q reserve numbers for the Swiss National Bank tell an interesting story. For a second quarter in a row, the foreign reserves have declined.
There is only one way that this could have happened; the SNB offloaded a portion of the EURCHF posit...
Read More »
Taiwan Emerges From Recession – Wall Street Journal
AsiaOneTaiwan Emerges From RecessionWall Street JournalBy FANNY LIU And ARIES POON TAIPEI—Taiwan emerged from a technical recession in the first quarter as expected, but an uncertain outlook for its major trading partners—China, the US and Europe...
Read More »
Something’s Changed About The Euro
One of the big developments of late: The end of correlation between the Euro and "risk". It used to be, of course, that the Euro was a risk currency, that would rise, whenever equities would rise and so on.
But that's not been the case for awhile n...
Read More »
Ron Paul X-rayed, evil scheme exposed on horrific video
...tortured over gold backed currency by future jobless military recruits.
Read More »
Third Quarter GDP Revised Downward Yet Again
In their third estimate of the third quarter 2011 GDP, the Bureau of Economic Analysis (BEA) revised the headline growth number downward once again to an annualized growth rate of 1.81%. This revision represents a drop in the reported growth rate o...
Read More »
"The purpose of the euro is to facilitate trade and commerce – not facilitate government borrowing"
David Apgar: Could Germany Be Right about the Euro?
. . . The purpose of the euro is to facilitate trade and commerce – not facilitate government borrowing.
This, then, is the impasse euro zone bond investors have reached. To avoid losses, they ...
Read More »
2 BIG papermills just reopened in Maine – but at $11 to $19/hr
http://bangordailynews.com/2011/09/16/business/it%E2%80%99s-official-n-
h-investor-buys-2-katahdin-region-paper-mills/
Returning workers will get their old wages, up to $21/hr, but new workers will get $11/hr for the first 4 years. Millinocket & EMil...
Read More »
The Greatest Short – why all correlations are moving to 1
I was quite surprised to find this on 0hedge with no reference to iTulip.
I have not noticed him posting anywhere else previously, at least not as "Finster".
He does of course keep his Finster Financial Forecast, but no blog or discussion there.
The G...
Read More »
Iceland: From Crisis to Constitution
Iceland: From Crisis to Constitution
Yves here. I’m intrigued by the way Iceland’s post crisis experience does not get the coverage it warrants. This is a country whose banking system collapsed and its citizens suffered months of real privation (...
Read More »
Minack n- On a higher plane
Might be a reason for that what the f@#$ rally from hell Lime Juice 2 opined in the post below.
DUD110526.pdf (140.37K)
: 5
QuoteForeign-sourced earnings have pushed developed-market profits to above-average levels. Part of this reflects the ...
Read More »
Wall Street Loves Weak Dollar and Weaker Fed
Since early 2009 (when the U.S. stock bull market began), the U.S. dollar has collapsed. The Brazilian real is up 56%, from 41 cents to 64 cents. The Canadian dollar is up 35%, from 78 cents to $1.05. The Swiss franc has also risen 35%, from 85 cents t...
Read More »
Silver volatility…
Schaeffer's Link
I have never been a big Schaeffer's fan, but check out the second chart. Schaeffer interprets it as evidence that silver is acting more as a currency than as a commodity.
Hat Tip to qqq, who seems to have thrown the sink through the ...
Read More »
Even cotton- backed fiat getting too expensive…
Bloomberg link...
Pretty sad...
Excerpts:
The government produced 6.4 billion new currency notes last year. Each one cost 9.6 cents to produce, including the cost of paper and printing.
-------------------
Just last week, the GAO called for replac...
Read More »
Currency Manipulators Created $7 Trillion, Causing The Global Economic Bubble
http://www.richardduncaneconomics.com/2011/02/12/currency-manipulators-
created-7-trillion-causing-the-global-economic-bubble/
Read More »
Radio Free Wall Street
Most Recent Economic Charts
Wall Street Examiner Exclusives
-
Rumors and Denials of Rumors
-
Winter Covers Shorts; Maladjusted US Economy Seems Good Because of European Capital Influx- Free Podcast
-
Three Critical Industries Now in Serious Capital Destruction Mode
-
The Deeper Meaning of the Facebook Flop
-
Weakening Federal Withholding Tax Collections Do Note Bode Well For Employment
Wall Street Examiner Contributors
Lee Adler
Newswires
Aaron Krowne
AG's Nightmare
Belisarius
Bruce Krasting
Charles Hugh Smith
Consumer Metrics Institute, Inc.
David Zeiler
Diane Alter
Dr. Kent Moors
Dude
Economic Perspectives from Kansas City
Frederick J. Sheehan
Frederick Sheehan
Jaime Levine
Keith Fitz-Gerald
Mark McHugh
Martin Hutchinson
NY Fed | Permanent Open Market Operations
Pretzel Logic
Russ Winter
Shah Gilani
Steve Northwood
The Implode-o-Meter Blog
Treasury Auction Results
Treasury Offering Announcements
William Patalon III
RSS Feed
Copyright © 2012 The Wall Street Examiner. All Rights Reserved.
Magazine Premium created by Themes by bavotasan.com.
Magazine Premium created by Themes by bavotasan.com.
Bankster-Created Commodity Crisis Intensifies
The most recent (and most terrifying) example of bankster commodities-manipulation crimes against humanity is in the massively important global cooking oils market. Affluent Westerners may not fully appreciate the tremendous importance of this market (and global stockpiles of those oils); however it is arguably the most important niche in global food production.
Read More »