Mike Shedlock

Contributor since: 26 Feb 2010

Contact Contributor

Biography

• 'Germany is a Credit Risk' Says Bill Gross

  Published 18 June 2012 | viewed 0 times

  Germany Exiting Eurozone is One of Very Few Scenarios in Which German Bonds Do Well Bill Gross echoes my statements that Germany is poised for…

• You Don't Need to be a Lefty to Support Krugman (You Just Need to be Economically Illiterate)

  Published 16 June 2012 | viewed 0 times

  Financial Times writer Samuel Brittan says You Don't Need to be a Lefty to Support Krugman. Brittan kicks off with "The remedy for too little…

• Europe Will Splinter Regardless of Greek Election Outcome; 'France Has At Most Three Months Before Markets Make Their Mark' says German Official

  Published 16 June 2012 | viewed 0 times

  All eyes are focused on the Greek election on Sunday. However, a fundamentally far more important election (for the long term) will take place in…

• Institutional Advisor Bob Hoye Explains Why Gold Miners are Winners During Deflation

  Published 15 June 2012 | viewed 0 times

  In an interview with GoldMoney, institutional advisor Bob Hoye explains Why Gold Miners are Winners During Deflation Market historian, geologist and Pivotal Events author Bob…

• Any Rabbits Left in the Hat?

  Published 14 June 2012 | viewed 0 times

  Inquiring minds are pouring over the ESM Treaty to see how it is supposed to work in theory, assuming it will be ratified by counties…

• Modern Day Fairy Tale of 3 Economic Wizards (Except It's True)

  Published 11 June 2012 | viewed 0 times

  Once upon a time (today), in a land not so far away (USA), there lived a trio of economic wizards (economists), whose names shall remain…

• Bailout Lite? There's Really No Such Thing

  Published 09 June 2012 | viewed 0 times

  €30 Billion Needed? It's Now €100 Billion; Contagion of Economic Idiocy A few days ago Spain was purportedly going to need another €30 billion to…

• Hollande About to Wreck France With Economically Insane Proposal ...

  Published 08 June 2012 | viewed 0 times

  ... "Make Layoffs So Expensive For Companies That It's Not Worth It" Unemployment in France touched 10.2% in April, a number last seen in 1999…

• Monopoly Money vs. Bernanke Money, is There a Difference?

  Published 08 June 2012 | viewed 0 times

  Occasionally I get an email from a reader that makes me pause and think. This is one of those times. Reader Janet Dight writes ...…

• Surprise Rate Cut in China; What's it Mean?

  Published 07 June 2012 | viewed 0 times

  China surprised economists today with a surprise cut in interest rates by a quarter point, the first cut in rates since 2008. Just a couple…

• Max Keiser Interviews Hugo Salinas Price Regarding Idea for Greece to Back Drachma with Silver

  Published 05 June 2012 | viewed 0 times

  Inquiring minds are watching an interview by Max Keiser with Hugo Salinas Price on a plan to back Greek currency with silver. In the first…

• 'Multi-Stage' Nannycrat Proposals; Devaluation - The Last Option? ...

  Published 04 June 2012 | viewed 0 times

  ... Note to Wolfgang Münchau, Martin Wolf, Jeremy Siegel at the Financial Times: Focus on the Obtanium not the Unobtanium The stubbornness of economic writers,…

• Spain's Prime Minister Begs for European Fiscal NannyZone and Banking Union ...

  Published 02 June 2012 | viewed 0 times

  ... Obama Seeks End to "Crisis Cloud"; Merkel Immediately Rejects Proposal; Cloud? What Cloud? On Saturday, Spain's prime minister Mariano Rajoy Asked For a Eurozone…

• Another Payroll Disaster

  Published 01 June 2012 | viewed 0 times

  Jobs +69,000, Employment Rate +.1 to 8.2%, April Jobs Revised Lower to +77,000; Long-term Unemployment +310,000 Quick Notes About the Unemployment Rate US Unemployment Rate…

• Harsh Language from Lagarde: 'IMF Has No Intention of Softening Terms'

  Published 26 May 2012 | viewed 0 times

  From Head of Deutsche Bank: 'Greece is a Failed Corrupt State'; Purposely Inflammatory Statements to Force Greece Exit Strong messages from the head or the…

• Containment Theory Blows Sky High: German Manufacturing PMI Plunges to 45 ...

  Published 24 May 2012 | viewed 0 times

  ... French Manufacturing PMI Plunges to 44.4, Sharpest Contraction in 3 Years The Pollyannas who thought the European recession would be short, shallow, and contained…

• China Manufacturing PMI Softens Again, In Contraction For 6 Months; Defaults and Deferrals on Commodity Contracts; As Long As Pigs Have Wings

  Published 24 May 2012 | viewed 0 times

  Defaults and Deferrals on Commodity Contracts The Financial Times reports China buyers defer raw material cargos Chinese consumers of thermal coal and iron ore are…

• Gold Does Not Pay Interest (Neither Do Dollars in Your Wallet)...

  Published 22 May 2012 | viewed 0 times

  ... Questions On Swapping Gold For Silver; Gold and Gold Shares Bottoming? Please consider an interview with Adam Fleming and James Turk on precious metals…

• Full-Fledged European Bank Run; ECB Deposit Insurance is Not the Answer...

  Published 21 May 2012 | viewed 0 times

  ... How FDIC Played a Part in the US Real Estate Bust; Monetarist Fools are Everywhere; Believe in Gold One chart is all it takes…

• Merkel to Approach Greece with 'Growth Proposals' while Asking for Referendum on Euro...

  Published 18 May 2012 | viewed 0 times

  ...Elections Provide Yet Another Attempt to Snatch Defeat From Jaws of Victory; New Democracy Leads Latest Poll Greek elections are set for June 17th following…