Keith Weiner

Gold Bonds: Averting Financial Armageddon

Gold Bonds: Averting Financial Armageddon

If we reverse the flow of gold out of the markets, we may be able to prevent a disaster from occurring.

 Peter Tchir

Everything You Wanted to Know About Credit Trading, But Were Afraid to Ask

Everything You Wanted to Know About Credit Trading, But Were Afraid to Ask

With so many people looking to moves in credit markets and trying to determine how successful an auction has been, I thought it would make sense to go through some examples of how credit trades.

 Peter Tchir

Would a Ponzi by any other name smell as bad?

Would a Ponzi by any other name smell as bad?

Asides from giving Ponzi a bad name (at least until the ECB just admits that they are printing faster than even Big Ben) this is tying the banks and the countries ever closer.

 Peter Tchir

WTF is up with LTRO?

WTF is up with LTRO?

In the end, this won’t do much for the sovereign debt market, but will shine a spotlight on which banks should be shorted and will possibly expedite their default.

 Redacción

[VIDEO] RBS: Inside the Bank that Ran Out of Money

[VIDEO] RBS: Inside the Bank that Ran Out of Money

BBC Documentary about the demise of The Royal Bank of Scotland.

 Michael Hudson

Trade Theory Financialized

Trade Theory Financialized

To secure its privileges and tax favoritism, the financial sector opposes government power to tax or regulate. Fighting under the banner of “free markets,” it is now fighting to centralize economic planning power in Wall Street, the City of London and other financial centers.

 Paul Brodsky

[AUDIO] The Seeds of Our Destruction Were – And Still Are – Sown in the Bond Markets

[AUDIO] The Seeds of Our Destruction Were – And Still Are – Sown in the Bond Markets

Paul Brodsky thinks our credit system is so far out of control that it will cause a massive – and largely unavoidable at this point – devaluation of the US dollar (and most other fiat currencies, as well).

 Deutsche Bank Research

Deutsche Bank Research On European Bank Recapitalization, Lending & China

Deutsche Bank Research On European Bank Recapitalization, Lending & China

Notes From Deutsche Bank Research (17 October 2011).

 Peter Tchir

CDS Implied Probability of Default – Be Careful

CDS Implied Probability of Default – Be Careful

Unless something changes in the next 24 hours, I expect we will hear more and more talk about default, not only of Greece but of other countries and of banks.