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Olduvai III: Catacylsm
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The SPV Loophole: Draghi Just Unleashed “QE For The Entire World”… And May Have Bailed Out US Shale

The SPV Loophole: Draghi Just Unleashed “QE For The Entire World”… And May Have Bailed Out US Shale Almost exactly one year ago, we wrote “Mario Draghi, Collateral Scarcity, And Why The ECB Will Soon Buy Corporate Bonds.” 11 months later, the ECB confirmed this when for the first time ever, Mario Draghi said he would […]

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BlackRock Suspends ETF Issuance Due To “Surging Demand For Gold”

BlackRock Suspends ETF Issuance Due To “Surging Demand For Gold” BlackRock’s Gold ETF (IAU) has seen fund inflows every day in 2016 (no outflows at all) and with the stock trading above its NAV for most of the year, the world’s largest asset manager has made a significant decision: *BLACKROCK SAYS ISSUANCE OF GOLD TRUST […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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