BubblesinBitcoinandElsewhere http://feedly.com/k/18kyQJv Global MoneySupplyGrowth Michael Pollaro has recently updated his moneyTMS data. As of October, US monetary inflation shows signs of re-acceleration. Earlier in the year a slowdown could be observed in spite of ‘QE-to-infinity’. This was probably attributable to a combination of commercial bank credit inflation slowing down and dollars that moved into the US banking system during the height of the euro area … Seguir leyendo Bubbles in Bitcoin and Elsewhere

BitcoinTradesOver $1000 OnBTC China ExchangeAndCrashes 30% … ThenRebounds http://feedly.com/k/18KJDZY Update: following the 30% drop to under $600 in seconds, BTC promptly rebounded to $800 in a few more seconds, as the entire BTC market is now just an algo arena. * * * Putting to rest fears that today’s Senatorial hearing on digital currencies would crater Bitcoin (if in the immediate term), moments ago the … Seguir leyendo Bitcoin Trades Over $1000 On BTC China Exchange And Crashes 30% … Then Rebounds

TheFailureOfAbenomicsInOneChart… WhenEvenTheJapanesePressAdmits "EasingIsNotWorking" http://feedproxy.google.com/~r/zerohedge/feed/~3/54ep3jNUAqI/story01.htm Since late 2012 Zero Hedge has been very critical of Japan’s Abenomics experiment, and its first and only real arrow: a massiveincreaseinthemonetary base thankstotheBOJ’sshockandaweQEannouncedinApril, resulting in the collapse of the Yen (although in a not zero sum world this means ever louder complaints from US exporters such as Ford competing with Japanese companies), a soaring Nikkei (if only through May), and … Seguir leyendo The Failure Of Abenomics In One Chart… When Even The Japanese Press Admits «Easing Is Not Working»

SpanishBadLoansRe-AccelerateTo New RecordHigh http://feedproxy.google.com/~r/zerohedge/feed/~3/Hd4CwY1LUsg/story01.htm Amid the SpanishFinMin’s "concernsaboutthe pace oftheincrease" ingovernmentdebt, and PM Rajoy’s confidence that the nation would exit the eurozone-fueled banking bailout by January, bad loans in the still disastrously-troubled nations have re-accelerated to an all-time record high of 12.68% of total loans. Mostly linked to the collapsed property sector, bad loans climbed by 6.9 billion euros from the previous month to an … Seguir leyendo Spanish Bad Loans Re-Accelerate To New Record High

Guest Post: TheComingBustOfTheGreatBakkenOilField http://feedly.com/k/IaPzEJ SubmittedbySteveviaSRSroccoReportblog, There has been a lot of Fanfare on the huge increase of oil production coming from the Bakken Field located in North Dakota. There are many stories of people moving to the state to take advantage of the new OIL BOOM. It seems like everyone is going there to start a new life and make it rich in one of … Seguir leyendo Guest Post: The Coming Bust Of The Great Bakken Oil Field

BitcoinSoarsAbove $600: Rises 20% InOneDayAheadOfSenateHearing http://feedproxy.google.com/~r/zerohedge/feed/~3/nv1wpK–qm3I/story01.htm While the relentless multiple expansion (if not so much earnings growth and certainly not revenue contraction) looks set to push all three main stock indices over the key psychological levels of 16000, 1800 and 4000, with the all time bubble high on the Nasdaq increasingly looking like the next big target, the stock market mania has nothing on Bitcoin, … Seguir leyendo Bitcoin Soars Above $600: Rises 20% In One Day Ahead Of Senate Hearing

TalebBlastsBernanke & Greenspan, Warns "DebtRaisesTheRiskOfCatastrophe" http://feedly.com/k/I0mTyR "Debt increases tail-risk," warns anti-fragility expert Nassim Taleb, "whether it’s personal, corporate, or governmental." A rise in debt, he warns, implies nothing less than a rise in "the risk of catastrophe," and Taleb chides, governments "should be focusedinrisk-management… insteadofcreatingtheserisks." This brief Bloomberg TV clip cuts to the chase as the normally circumlocutory Taleb unloads on the perils of central … Seguir leyendo Taleb Blasts Bernanke & Greenspan, Warns «Debt Raises The Risk Of Catastrophe»

TheGreatRotation: FromBullionToBitcoin http://feedproxy.google.com/~r/zerohedge/feed/~3/Uce1y4IIZmY/story01.htm Well you buy what’s working, right? Don’t fight the Fed? Oh wait… BTC just hit $670… shared via http://feedly.com Seguir leyendo The Great Rotation: From Bullion To Bitcoin