Skulderna i världen har aldrig varit så höga som de är idag samtidigt som man trycker pengar för att hålla systemet igång. Guld och silver har varit en del av det monetära systemet under flera tusen år. De senaste dryga 40 åren har man dock valt att lämna dessa ädelmetaller utanför och det har medfört ökade skulder och ett ohållbart system.

Undra om Schweiziska folket är medvetna om att dom äger aktier i USA för ca USD 10 000 per innevånare

Publicerad 2017-06-28 14:26:55 i Ekonomi,

The SNB owns about $80 billion in US stocks today (June, 2017) and a guesstimated $20 billion or so in European stocks (this guess comes from my friend Grant Williams, so I will go with it).

They have bought roughly $17 billion worth of US stocks so far this year. And they have no formula; they are just trying to manage their currency.

Think about this for a moment: They have about $10,000 in US stocks on their books for every man, woman, and child in Switzerland, not to mention who knows how much in other assorted assets, all in the effort to keep a lid on what is still one of the most expensive currencies in the world.

Switzerland is now the eighth-largest public holder of US stocks. It has got to be one of the largest holders of Apple.

När tippar börserna över

Publicerad 2017-06-26 10:45:46 i Ekonomi,

Here’s institutional investor sentiment as reported in the FT:


And here we are looking at the Sentix survey. In blue is the market bias or confidence and in grey the equity market:


POBC vräker ut pengar i systemet för att hålla tivolit igång. Verkar dock inte hjälpa med en fortsatt negativ yield kurva och svårare ekonomiska tider framöver

Publicerad 2017-06-21 12:21:35 i Ekonomi,

Notably this is the largest liquidity injection for this time of year in Chinese history (noteworthy since spikes in liquidity occur at regular intervals around quarter-end and lunar new year).

The bad news - as yields have fallen, the curve has collapsed to its most inverted ever... flashing warning signals for growth as loud as they have ever been.


Yield kurvan i USA skriker recessionen är på väg men börsen verkar ha hörsel proppar

Publicerad 2017-06-21 12:12:00 i Ekonomi,

Well if this is any indication that it looks like were heading back to another recession this would be it, yield curves flattening out. They are more often right about impending recessions than not. This is what happened in 2007 just before it all blew up. And with oil signaling deflation, this looks like another storm.

Please read the rest here; US TREASURY 30Y-5Y SLOPE FALLS TO UNDER 100 (LOWEST SINCE DEC 2007)

 Photo published for The Last 2 Times The Yield Curve Was This Flat, The US Economy Entered Recession

Det är de ökade skulderna som drivit tillväxten sedan 1971 då fiat valutorna tog över det monetära systemet. Problem uppstår när räntan är runt 0 och utrymmet för ökade skulder avtar. Vi är där och hur länge kan några CB hålla allt under armarna?????

Publicerad 2017-06-20 14:05:00 i Ekonomi,

Given this information, it should not be surprising that personal consumption expenditures, which make up roughly 70% of the economic equation, have had to be supported by surging debt levels to offset the lack wage growth in the bottom 90% of the economy.


Publicerad 2017-06-19 10:52:49 i Ekonomi,

A basic technical analysis shows that a double top has formed over the past six years or so and suggests the yield curve could flatten to about -9 basis points.

And if history is any guide, this would seem to set up the next recession.

Yield curve recent history (1)

Kan det här stämma??????????????????

Publicerad 2017-06-15 12:03:49 i Ekonomi,

One noteworthy reality about Europe’s current political leadership is summarised here by Phil Lawler:

“• Macron, the newly elected French president, has no children.

• German chancellor Angela Merkel has no children.

• British prime minister Theresa May has no children.

• Italian prime minister Paolo Gentiloni has no children.

• Holland’s Mark Rutte,

• Sweden’s Stefan Löfven,

• Luxembourg’s Xavier Bettel,

• Scotland’s Nicola Sturgeon—all have no children.

• Jean-Claude Juncker, president of the European Commission, has no children.

“So a grossly disproportionate number of the people making decisions about Europe’s future have no direct personal stake in that future.”

If true, this is most interesting…


Qatar har ett dygn på sig för att rätta till den eskalerade situationen i Arabvärlden

Publicerad 2017-06-07 12:26:00 i Ekonomi,

Saudi Arabia gives #Qatar 24 hr ultimatum to fulfill 10 conditions that have been sent to #Kuwait #Iran #QatarCrisis

En vecka efter Trumps besök i arabvärlden ratas nu Qatar av sina grannar. Tyder på en ökad spänning i regionen och det är kanske bara en tidsfråga innan Iran är inblandad.

Publicerad 2017-06-05 14:46:00 i Ekonomi,

Late on Sunday night, the Saudi-led alliance of Gulf Arab states including Egypt, shocked the world when they announced they had severed ties and closed borders with one of the Gulf's wealthiest, if smallest, neighbors Qatar, a (now former) member of the Gulf Cooperation Council in what we called a "geopolitical earthquake" and what Bloomberg dubbed "an unprecedented move designed to punish one of the region’s financial superpowers for its ties with Iran and Islamist groups in the region."

Kommer CB äga 100% av bond marknaden innan vi får ett nytt monetärt system?

Publicerad 2017-06-05 09:50:40 i Ekonomi,

The chart below is the staggering amount of debt instruments owned by central banks: as of the latest data, central banks own just over a third of the global tradable bond universe of $54 trillion, or roughly $18 trillion. How this amount of debt on bank balance sheets is ever unwound, i.e. sold - even with central banks' best intentions  - without crashing the bond market, we don't know.


Lyssna om silver och digitala valutor

Publicerad 2017-06-01 10:05:27 i Ekonomi,

After a nearly two year hiatus from SGT Report, Chris Duane is back to talk SILVER which is the antidote to bankster tyranny. In this conversation we discuss the pathology of the liberal left and the criminal banking elite. I also press Chris on the question of cryptos. Is there, or should there be room in a stacker’s portfolio for ANY crypto currency? We discuss Bitcoin and Ethereum specifically.  Check out Chris’ Silver Shield coins at SilverShieldXchange


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Roger Lundberg

Har varit verksam inom den finansiella marknaden i över 35 år. Har därmed varit med om både upp och nedgångar inom olika marknader. Min bedömning är att vi närmar oss en ny härdsmälta på de ekonomiska marknaderna och vill därför med denna blogg dela med mig av min erfarenhet.

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