The Short Dollar Trade is Getting Very Crowded

Zerohedge's article from this morning tells you all you need to know about how offside the markets are becoming vis a vis the FOMC's policy plans. People can scream to high heaven that the U.S. dollar is toast but that's not the way these things work. We're getting really close to a panic moment where … Continue reading The Short Dollar Trade is Getting Very Crowded

Vive La Rothbard — Godfrey Bloom, Populism and the Death of the EU

An oldie but goodie. Godfrey Bloom was absolutely right that populism was coming at the EU in ways that it could not conceive. And today, they think they've reached peak populism with recent election results. But they haven't. What they're seeing in Europe now is only the end of the first up-wave. This isn't the … Continue reading Vive La Rothbard — Godfrey Bloom, Populism and the Death of the EU

Bitcoin Is More Than A Safe Haven … It’s What’s Next

Ethereum, simply put, builds on Bitcoin’s ledger system to create ‘smart contracts’ that can house more nuanced information.  Ethereum can close a property transfer (like buying a house) with all of the legally necessary information embedded and verified. But, more importantly, we can build distributed applications (DAPPS) on top of the Ethereum blockchain. For me this means the end of voting fraud.  One person, one vote.  Verified in the blockchain.  No singular nodes of corruption like a Supervisor of Elections stuffing a ballot box, or Diebold machines programmed to George Soros’ preferred outcome.

Next Spanish Bank up for Implosion is….?

Liberbank. This is Spain's 8th largest lender. Another 'bad bank' set up to house the a 2011 merger of three equally awful banks. The take-away here is that the ECB will bail-in and sell this one off the same way it did Banko Popular earlier in the week. And it will do so without shareholder … Continue reading Next Spanish Bank up for Implosion is….?