Fantasy

Financial Fantasy Land Continues to Prevent Collapse-Bill Holter
sgtreport.com
from USA Watchdog: Financial writer Bill Holter says the record stock market does not reflect reality. Holter explains, “This will go on until it doesn’t. Very quietly, this past week, they postponed the “Volcker Rules” for the banking system. The reason they did that is they can’t allow the Volcker Rule to come into place. That would require increased capital ratios. It would bring mark to market back. We live in a financial fantasy land, and they need to continue the fantasy [...]
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Republican Victory a Reality Only Because Recovery is a Fantasy
sgtreport.com
from Peter Schiff: [...]
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Fleckenstein – DEATH OF A FANTASY, GOLD WILL SKYROCKET & MORE
sgtreport.com
from KingWorldNews: You have the dopiest of reasons dreamed up as to why gold should go lower, and yet they work. And all the intelligent reasons why it should go up, they don’t work. That’s just the way markets are. I already talked about how stupid JGBs are. So if you understand that markets can be completely maniacal for long periods, gold is just another example of one. It’s got all the reasons in the world why it ought to go wild and yet it can’t. At some point it will and w [...]
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Obama’s Fantasy: Using US Energy ‘Boom’ Against Russia
sgtreport.com
by Dan Dicker, Testosterone Pit.com: It is with incredible equanimity that the media has digested the announcement of a 5 million barrel ‘test’ release from the Strategic Petroleum Reserve on Wednesday, but the market certainly hasn’t – WTI crude plummeted. It doesn’t take much analysis, however, to see that this is a weak attempt to flex some muscle to use the US energy boom as a wedge against Russian energy influence in Ukraine and the rest of Eastern Europe. This ludicrous meme ha [...]
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