Dear CIGAs, This coming week could be very telling. China just ended a disastrous week and finished just whiskers away from entering bear market (-20%) territory http://www.zerohedge.com/news/2015-06-27/chinas-370-billion-margin-call. Credit markets all over the world are weakening and yields are rising. Greece will not make their June 30 payment(s) and probably go through a referendum to decide… Read more »
Viewing articles by Bill Holter
Dear CIGAs, "Don’t push a bad position"! This is good advice in many varied quests. It is good advice in games like chess or poker. Good advice in sports, business, politics, geopolitics and certainly in militarily ventures. Today we will look at two separate issues where "bad positions" are being pushed to the wall! First,… Read more »
Dear CIGAs, We have all from time to time tried to help others, friends and family, by pointing them toward reality. For our troubles and efforts we have been viewed as the "squirrely" guy/gal with a tinfoil hat who see’s everything as a conspiracy. We have lost friends and even had family cringe when holiday… Read more »
Dear CIGAs, You have heard the phrase many times "it’s already in the market", meaning if "something" or some sort of event happens it is already factored in to prices. I was overseas last week, travelled much of the week and stayed in a hotel that had only two English speaking channels …one of which… Read more »
Dear CIGAs, My last piece was quite long and involved, some liked it and "got it", others not so much. The breaking of confidence was the point I was trying to get to. I intend to try again with this writing but from a different viewpoint. Today, rather than continuing to hammer away at the… Read more »
Dear CIGAs, It is obvious to anyone with eyes to see, "power" is shifting from West to East. China is the leader, the epicenter of the East and of course they are the ones "hoovering" up the lion’s share (along with India)of global gold production. The following map was sent to me by a friend,… Read more »
Dear CIGAs, Global markets are changing drastically and showing volatilities like we saw back in late 2008. I am not talking about stock markets, it is the debt and currency markets that are schizophrenic. Oddly, even after all of the various Western "QE’s", liquidity suddenly looks like it is drying up. A great article as… Read more »
Dear CIGAs, Jim suggested a big picture topic to write about, each step forward by the Chinese to make a foothold for the yuan is one step backwards for the hold the dollar has over the globe. This topic has several nuances to it, let’s take a look from several vantage points. As a spoiler,… Read more »