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Hell To Pay

The final condition for a market crash is falling into place
Friday, September 23, 2016, 5:23 PM

Those familiar with my writing know I put the word “markets” in quotes because we no longer have a financial system where legitimate price discovery is a regular -- or even recognizable -- feature.

It's destined to fail. What more can be said about such a flawed system?

Well, a lot as it turns out. 

And failure to pay attention at this stage of economic and ecological history will prove to be exceptionally painful. » Read more

Insider

Off The Cuff: Making Sense Of The FOMC Decision

The likely impacts of this week's Fed and BOJ (in)actions
Wednesday, September 21, 2016, 11:33 PM

In this week's Off The Cuff podcast, Chris and Axel Merk discuss:

  • Fed In A Box
    • At this point, stalling is Yellen's only option
  • Boneheaded BOJ
    • Now trying to undue the damage of its recent NIRP policies
  • Blind To Bubbles
    • Central banks are unwilling to admit they're the cause of the problem, not the solution
  • Bad Policies
    • Capitalism is getting destroyed (and a bad rap) by central banks run amok

In the wake of the closely-watched announcements by the BOJ and the Federal Reserve, Chris and Axel sit down in this meaty discussion to pick through the particulars of what this week's announcement mean. In a world where everything hangs on the decisions of an elite few central banks, this is one of the more important podcasts we've released in a while. » Read more

Podcast

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Michael Pento: The Coming Bond Bubble Collapse

All asset classes will collapse in tandem when this bursts
Sunday, September 18, 2016, 1:42 PM

In this week's podcast, Michael Pento, fund manager and author of The Coming Bond Bubble Collapse, explains how the United States is fast approaching the end stage of the biggest asset bubble in history. He describes how the bursting of this bubble will cause a massive interest rate shock that will send the US consumer economy and the US government—pumped up by massive Treasury debt—into bankruptcy, an event that will send shockwaves throughout the global economy: » Read more

Podcast

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Recent Chris Appearances In The Media

A slew of good interviews to catch up on
Monday, September 12, 2016, 3:09 PM

Chris has been in high demand over the past few weeks, as media outlets try to make sense of the options available to the Federal Reserve at this point. More and more, the confidence in the asset price bubbles blown by the Fed's "endless easing" policy is coming under scrutiny by the average observer.

How much longer can it continue? What are the long-term societal costs of this central bank intervention?

And more important: What will trigger the return to higher interest rates? (and thereby, the puncturing of the bubbles blown by the Fed)  And what will the repercussions be? » Read more

Blog

Charles Krupa

Sorry Losers!

How the Fed has screwed the many to benefit the few
Friday, September 2, 2016, 4:48 PM

By its actions, the Federal Reserve has selected a precious few winners and many, many losers.  Sadly, you are highly likely to be one of the losers.

Sorry!

I'm one, too, if that helps soften the blow.

But we have a lot of company. » Read more

Insider

This Is How Sentiment Shifts And Markets Crash

Once faith in the Fed is lost, things will get ugly fast
Friday, September 2, 2016, 4:47 PM

Executive Summary

  • The Facebook legions rip the Fed to pieces
  • The WSJ joins in the attack??
  • The 'smoking gun' showing how the Fed's only priority is to serve its banking masters
  • Why a revolt against the Fed is necessary, inevitable and just

If you have not yet read Part 1: Sorry Losers!, available free to all readers, please click here to read it first.

Facebook Fed Farce

The Fed, surprisingly, has a Facebook page.  While it’s not surprising that they have one because every organization is aware that they need a ‘social media presence’ it is surprising that the Fed seems to be completely unaware that Facebook is a social networking site, not a policy regurgitation platform.

Well, the Fed put up its policy aims and the responses from the public were consistently brutal or delightfully snarky. 

But I did not find a single one, out of hundreds, that was complimentary of the Fed or in any way demonstrating that the Fed has any sort of credibility left with the public.

These are priceless: » Read more

Insider

Off The Cuff: Should The Central Banks Just Buy Everything?

That's what they're on their way to doing
Thursday, September 1, 2016, 7:19 PM

In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:

  • Should The Central Banks Just Buy Everything?
    • Is that the plan? What would happen?
  • Turning Japanese
    • Japan is leading the way by monetizing all its assets
  • Putting The Fed On Trial
    • Chris fantasizes about holding up the mirror of truth to power
  • The Next Interest Rate Move
    • Up or down?

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today. » Read more

Insider

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The Pension Time Bomb

Devastating shortfalls are manifesting everywhere
Monday, August 29, 2016, 7:39 PM

Among the many losers picked by the Fed (in favor of rewarding a very tiny and wealthy minority), perhaps the greatest victims are pensions.

Pensions have to make a couple of key assumptions.  One is how long you expect your cohort of pensioners to live. The second is the rate of return on the funds.  On both counts, pensions have been wrong, and wrong again.

People keep living longer and pension fund returns keep underperforming.  » Read more

Podcast

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Mike Maloney: This Is The Peak

To be followed by 'one hell of a crisis'
Sunday, August 28, 2016, 3:09 PM

Precious metals dealer and monetary historian Mike Maloney is quite confident the liquidity-driven 'recovery' created by the world's central banks is now over. In his estimation, the path ahead is one of accelerating descent into inevitable currency destruction. » Read more

Insider

Hoping For A Market Crash

If we inflate much higher, the fall is likely to kill us
Thursday, July 28, 2016, 1:32 AM

We desperately need to have new national and global conversations about everything from how we’ll feed everyone in 2050, to developing a coherent sustainable energy policy, to the fact that each year is hotter than the year before, to the idea that we’re living with a soul crushing sense of scarcity in a world of abundance.

There’s lots that needs addressing, and the process should begin with letting go of the old narrative so that we can make space for assembling the new one. » Read more