We have seen a 4 month rally in euro-region debt with yields on Italian and Spanish bonds seeing their biggest one-day jump in almost a year last week. The sell-off in European sovereign debt began in Greece and has spread following the same lines of contagion that emerged 2010-2011. Bids have simply evaporated and prices […]

COMMENT:  I can also tell you from my personal experience that what you are writing about insider trading is false. I worked in the same office as Steve Cohen way back in the 80’s when he was just starting out. This was in lower Manhattan before he moved Uptown and later to Connecticut. His first big score […]

Michael Steinberg was sentenced to 3.5 years in prison for insider trading on Friday emerging from the destruction of the hedge fund SAC. This is WHY the firm was prosecuted because it was not NYC based. Secondly, this helps the SEC and DOJ pretend they prosecute Wall Street when they do not. Insider Trading is […]

In reality, easy-money policies and below-normal interest rates are here for a long time to come. We are seeing pressure on the labor market still has not fully recovered from the financial crisis and recession. We are at twice the level where we were prior to the economic turn in 1929 that became the Great […]

QUESTION: If the public is racing to buy assets (real estate, coins, etc) will the government not try and confiscate everything we have, for the good of us all, to “help with our debt”? Thanks. SD ANSWER: There is no real precedent for confiscating everything other than communism and the crazy antics of Maximinus, who they […]

QUESTION:  In regards to the “Crash or Collapse” post you just put up, we kind of wonder what you meant when you wrote at the end “This will not be like anything seen in past 200 years” We were wondering, was that in regards to a crashing market or crashing Bond market? I thought you said in […]

QUESTION: You hear the big talk at Davos was the next big crash.  Roubini,..etc all the big economists are calling for one in the next 24 months and say its due for this business cycle to have a crash in bonds and stocks. GB ANSWER: What I see is nothing like the traditional crash. First […]

COMMENT: Dear Mr. Armstrong, All I could think of was you after listening to Robert Gates’ response to the question about a serious threat to US national security. BOB SCHIEFFER: And welcome back to Face the Nation and as promised more from our interview with the former Defense Secretary and we pick up where we […]

Anyone who thinks that Ukraine was just a CIA plot is honestly in serious denial and are blind to the real trend afoot. All governments are declining into corruption on a massive scale and this is reflected in their rising demands for taxation. The American Revolution was – No Taxation without Representation. That is the […]

The Treasury Department saw the weakest demand since August 2011 in a sale of 30-year Treasury bonds today. The demand for long-term bonds that has driven interest rates well below the old benchmark of 8% has been the rise in demand for pensions. As the Baby-Boomers were getting closer to retirement, the bid for “safe” […]