The reason why I say that is the money supply is up, up, and up. You know, with the efforts by these central banks to lower interest rates they’re going to be printing like crazy.”
私が皆に推奨する理由はマネーサプライが up, up and up 状態だからだ。御存知の通り、どの中央銀行も金利を下げようとしておりまた常軌を逸した紙幣印刷をしようとしている。
[Jerome Powell] is trying to pretend it’s because of concerns
about the overseas economy. It is really the US economy that is driving
the Fed. That’s why this is just the first step on the road
back to zero. And you know, it was a mistake when the Fed went back to
zero the last time; it’s going to be an even bigger mistake when they do
it next time. And they’re also going to go back to quantitative easing.
You know, they announced yesterday the end of quantitative tightening,
but the next step is to go back to QE, and QE 4 is going to be bigger than QE 1, 2 and 3 combined.”
The Fed isn’t alone on the path toward more monetary stimulus. In an interview with the Wall Street Journal,
Finnish central bank governor Olli Rehn raised the prospect of new
easing measures from the European Central Bank. He said, “It’s important
that we come up with a significant and impactful policy package in
September. When you’re working with financial markets, it’s often better
to overshoot than undershoot, and better to have a very strong package
of policy measures than to tinker.”
さらなる金融刺激策に向かっているのはFEDだけではない。Wall Street Jounalのインタビューに答えて、フィンランドの中央銀行総裁Olli RehnはECBにおける新たな緩和可能性が高まっていると答えた。更に彼はこう言う、「大切なことだが、我々はインパクトの在る政策パッケージを９月に準備している。金融市場で働いているならわかるだろうが、アンダーシュートよりもオーバーシュートのほうが望ましい、そして想像を超えた強い政策パッケージが望ましい。」
During the Bloomberg interview, Mobius also addressed the proliferation of cryptocurrencies. He said he believes the rise of bitcoin and other cryptos will actually be good for gold.
You have all these currencies, new currencies coming into play. I
call them ‘psycho currencies,’ because it’s a matter of faith whether
you believe in Bitcoin or any of the other cyber-currencies. I
think with the rise of that, there’s going to be a demand for real, hard
assets, and that includes gold because gold can play a role not only as
an asset but also as a currency.”
Mobius said investors should have at least 10% of their portfolio in gold.
Mobiusは投資家に少なくともポートフォリオの１０％をゴールドにするべきだと主張した。
“I’m talking about physical gold,” he said.
彼が言うには「私が話しているのは現物ゴールドだ」ということだ。
Peter Schiff has been advising this for a long time. Currently, only
about 1% of the world’s investable capital is in gold. Peter has said
it would be wise to make the move sooner rather than later.
Peter Schiffは長年こういうふうにアドバイスしてきた。現在のところ世界の投資資金の内ゴールドの占める割合は１％程度でしかない。Peterは先延ばしせずにすぐに行動することが賢明だという。
If the idea goes mainstream, and all investors go to a 10%
gold allocation, the price will skyrocket. Investors need to move
quickly to get ahead of the crowd.”
多量のオピオイドを米国に送り込み、米国で深刻な麻薬中毒問題を引き起こしています。現代版「阿片戦争」です。あのトヨタ初の女性取締役もオピオイド中毒で逮捕解任されましたよね。 US Is Dependent On China For Almost 80% Of Its Medicine by Tyler Durden Fri, 05/31/2019 - 12:55 Experts are warning that the U.S. has become way too reliant on China for all our medicine , our pain killers, antibiotics, vitamins, aspirin and many cancer treatment medicine. 専門家はこう警告する、米国はすべての医薬品、痛み止め、抗生物質、ビタミン、アスピリン、各種抗がん剤で、中国依存度が高すぎる。 Fox Business reports that according to FDA estimates at least 80 percent of active ingredients found in all of America’s medicine come from abroad, primarily from China . And it’s not just the ingredients, China wants to become the world’s dominant generic drug maker. So far Chinese companies are making generic for everything from high blood pressure to chemotherapy drugs. 90 percent of America’s prescriptions a...
Amazonで買物をしてContrarianJを応援しよう Silver Outperforming Gold 2 Adam Hamilton July 26, 2019 3232 Words Silver has blasted higher in the last couple weeks, far outperforming gold. This is certainly noteworthy, as silver has stunk up the precious-metals joint for years. This deeply-out-of-favor metal may be embarking on a sea-change sentiment shift, finally returning to amplifying gold’s upside. Silver is not only radically undervalued relative to gold, but investors are aggressively buying. Silver’s upside potential is massive. ここ２週シルバーは急騰した、ゴールドを遥かに凌ぐものだ。これは注目すべきことだ、もう何年もシルバーはひどいものだった。この極端に嫌われた金属が大きく心理を買えている、とうとうゴールド上昇を増幅するに至った。シルバーは対ゴールドで極端に過小評価されているだけでなく、投資家は積極的に買い進んでいる。シルバーの潜在上昇力は巨大なものだ。 Silver’s performance in recent years has been brutally bad, repelling all but the most fanatical contrarians. Historically silver prices have been mostly ...
米国はよく理解してませんが、日本の場合では量的緩和で日銀が国債買い上げした資金は日銀当座預金にそのままです、市中には流れていません。でもNHKのニュース等では「ジャブジャブ」という表現をアナウンサーが使い、さらに丁寧に水道の蛇口からお金が吐き出される画像まで示してくれます。これって心理効果が大きいですよね。量的緩和とは何かを７時のニュースや新聞でこれ以上丁寧に解説するのはそう簡単ではありません。一般の人も株式をやっている人も「イメージ」で捉える以上はそう簡単にできません。多くの人は量的緩和とはなにか、を理解していないと私は想像しています。 ただし、国債を買い上げるので長期金利が低下し住宅ローン金利等が下がったのは確実な効果です。一方で長短金利差が少なくなると銀行のビジネスモデルが成り立たなくなりますが。 This Is The One Chart Every Trader Should Have "Taped To Their Screen" by Tyler Durden Sat, 01/19/2019 - 18:55 After a year of tapering, the Fed’s balance sheet finally captured the market’s attention during the last three months of 2018. 一年間のテーパリング後、FEDバランスシートがとうとう市場の注目をあびることになった、２０１８年の最後の３ヶ月だ。 By the start of the fourth quarter, the Fed had finished raising the caps on monthly roll-off of its balance sheet to the full $50bn per month (peaking at $30bn USTs, $20bn MBS...
