Monty Pelerin's World

Economic, Financial and Political Analysis

Tag archives for Systemic Risk

Stock Market Draws in More Sucker Money

Our stock market went wild yesterday. The ostensible reason was the announcement that an agreement had been reached in Europe. Using the word “agreement” is an insult to any reasonable dictionary definition. What was announced was that “there is a sort of thing that most of us like but we haven’t worked out any details [...]

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Desperation on Part of Fed?

Another excellent commentary by Graham Summers at Phoenix Capital, He is obviously unrelated to Larry Summers based on his economic analysis. The Fed appears to have been busy, perhaps desperate, on the eve of the end of QE2: The biggest Fed pump since Lehman went under … happened on the week of June 27 2011. If you’re looking [...]

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Gold is Good but be Careful

All Precious Metals ETF investors should be aware of the risks involved in investing in funds such as GLD, SLV etc. Here is a post from Jesse that deals with these risks: Ben Davies of Hinde Capital: GLD the New CDO in Disguise? Here is an interesting interview and slide presentation with Mr. Ben Davies, [...]

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