Posts Tagged ‘ Wall Street ’
TrimTabs’ Charles Biderman went on CNBC with Rick Santelli to talk about the affect of zero interest rates around the world creating a global recession.
Below: Santelli and Harris discuss Biderman’s earlier comments.
My article “10,000 tons of gold…The math says China could have easily done it!” explains how it’s possible or even likely China has amassed 10,000+ tons of gold. What it doesn’t explain is the context as to why this is so important. I know some now this story well, but for most, this needs repeating. READ MORE
Since August ’11 to August of ’14, China has decreased its holdings of US Treasury debt by $9 Billion (according to the most recent TIC data)…while continuing to run record trade surpluses with the US. This means China will have (by year end 2014) taken in $951 Billion in shiny, new, digital dollars since 2011 and simultaneously sold or rolled off $9 Billion in US Treasury holdings…so China will have had to find a home for $960 Billion new dollars. 5 Comments
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Charles Biderman at the Irrational Economic Summit on why Obama is the Worst Economic President and what’s wrong with GDP and the Bureau of Labor Statistics initial jobs report
Charles Biderman talks about his outlook for stock prices and buybacks with Marketwatch’s Chuck Jaffe
Biderman and Kernen discuss how float shrink on top of a slow growth economy has created the widening gap between haves and have nots. Plus Santelli, Liesman & Kernen discuss Biderman’s comments.