An update of the daily treasury statement charts for 10/6/11 (I’ll be updating these charts on a weekly basis from now on). As has become evident from the sustained period of financial stress over the past month, the credit-addicted West is suffering from withdrawals symptoms at present…

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In our time, people consider bank deposits to be — somewhat — ‘guaranteed’. Of course, nothing material about speculative assets can be ‘guaranteed’. The other day, EWI explained why bank deposits are de facto speculative investments and why any guarantees pertaining to them are based on shaky grounds (at best!). See below for the video narration of the article.

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An update of the weekly Federal Reserve balance sheet charts for 9/6/11. There are only three weeks to go until the end of QE2, and the market is getting rather jittery…

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Jim Rogers was a busy man yesterday, interviewing at RT America, Fox News (Glenn Beck) & FSN. He talks about the US debt ceiling, the ratings agencies, inflation and trends in asset prices.

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The private sector is in a long-term de-leveraging trend, and consequently the equity market is in a long-term sideways market (or worse!). Trends are not obvious these days, so it helps to have some additional technical tools. See the video and eBook below for some great insights into using moving averages effectively.

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The ever-insightful Jim Rogers was on CNBC yesterday. He continues to believe in the commodities bull market, the secular decline in the dollar (as the World’s reserve currency) and the rise of China. Most notably, he said that he owns the dollar right now, due to widespread pessimism about it. See below for the video and the summary.

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The other day, I mentioned that the West is addicted to economic disequilibrium. By this, I meant that the West is addicted to diverging tendencies between wealth itself and the flow lines of ‘claims on wealth’ (to quote Carroll Quigley). However, as is evident by the deteriorating US real estate market, it is not always possible to ‘engineer’ such a scenario. In the case of the US real estate market, the cat is well and truly out of the bag, and not even the most extravagant of ‘money printing’ exercises seems to be able to get it on the “right” track. The behavior of this market represents an example of convergence between wealth and the flow lines of ‘claims on wealth’. Here, I get to grips with the nature of this convergence and outline why the attempted interventions will prove futile.

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