Been doing a lot of research about central banks and their balance sheet, which is the reason for the lack of updates. The reason for this research is that to write a good article comparing the dollar and the euro, I need compare the fed's balance sheet to the ECB's balance sheet. Although understanding the balance sheets of central banks is incredibly important to determining where currencies are heading, I haven't gone into them in great detail because they are a real pain to explain. However, I don't think I can avoid going into the subject anymore.
Anyway, after poring over the fed's balance sheet, I know the dollar is doomed.
After I get some sleep, I will write up what should be a very interesting article. (Once I have written this latest key entry, I will spent time answering comments.)
In the meantime, here are some of the links I have accumulated while researching:
Central Bank balance sheets:
FRB Statistics and Historical Data
Bank of Japan—balance sheet
ECB Euro area investment fund statistics
PBC (People's Bank of China)
PBC balance sheet 2008
Currently Researching (unsorted links):
Calculated Risk Federal Reserve Assets
China Urges U.S., Europe to Protect Value of Debt in Reserves
China, Germany sign procurement deals worth around 11 bln euros_English_Xinhua
China's International Investment Position
ECB Balance Sheet Hits 2,€€€,€€€,€€€,€€€,€€€ (that's TRILLIONS) by The Prudent Investor
Europe to Get $15 Billion In China Trade - WSJ.com
Fed's Balance Sheet Is Ballooning Fast at SmartMoney.com
Interfluidity The size of the Fed's balance sheet limits the scale of the public's losses
Japan's Quantitative Easing Policy Owen F. Humpage and Michael Shenk Economic Trends 12.10.08 Federal Reserve Bank
naked capitalism ECB Litterbin of the Last Resort
SCENARIOS-Unconventional measures the ECB could take - Forbes.com
World Currency Watch FOREX Market, FOREX Trading BLOG The Case for Gold Confiscation
Germany Urges Troubled Euro Countries to Cut Deficits
Brad Setser Follow the Money » Blog Archive » China's Resource Buys
China '10 Billion Yuan Of Sham Notes In Circulation' My Sinchew
dirt poor Trillionairs
reportonbusiness.com 'There will be blood'
France 24 ECB managing €600 billion in risk, says bank chief France 24
The Euro – Are There Any Hard Currencies Left
Which central bank is the sneakiest with its policies?
Issues in Central Bank Finance and Independence
While I am at it, here is another bunch of useful links:
Treasury yields:
10-YEAR TREASURY NOTE (^TNX)
30-YEAR TREASURY BOND (^TYX)
China news sites:
China Daily
China View
US Dollar to Chinese Yuan:
INO Foreign Exchange - US Dollar-Chinese Renminbi Yuan (FOREXUSDCNY) Price Chart and Quote
US Dollar to Chinese Yuan (-CNYUSD) - Stock chart, Index chart - MSN Money
Gold:
24-hour Spot Chart - Gold
gold 1 oz, Coins Paper Money, Jewelry Watches items on eBay.com
GOLD NEWS—Kitco
Gold —prices, facts, figures & research
Gold—futures price quotes
http--www.nymex.com-media-delivery.pdf (Comex Delivery Report)
London Bullion Market Association (LBMA)—Statistics
NYMEX—Metal Warehouse Stocks
Agriculture info:
Nogger's Blog
Storm Exchange Daily Crop Projections
US Drought Monitor
Finally, here are some links I accumulated while writing Risks in owning GLD.
GLD:
An Open Letter to the Bullion Desk
Casey Research - Casey's Daily Resource Plus
CFTC to Investigate Silver Manipulation « Meltdown 2011
FSO Editorial ~ BIS Banks are Big Shorts in Gold Market by Bill Murphy for 10-10-2004
Gld RunToGold.com
GLD in real terms. Goldbug Precious Metals Message Board Posts
Global Money Supply and the Value of Gold by Dollardaze aka Mike Hewitt and Krassimir Petrov, FSU Editorial 01-26-2009
gold derivative commercial banks - Google Image Search
Gold exchange-traded fund - Wikipedia, the free encyclopedia
Gold in the Big Picture!
Is the GLD ETF Really Worth Its Metal -- Seeking Alpha
Kitco - Exclusive Commentaries
Kitco - Exclusive Commentaries2
MarketBeat - WSJ.com The New Currency Trade Gold Vs. All Else
Minyan Mailbag Where Does GLD Get All That Gold - Minyanville
Owning GLD Can Be Hazardous to Your Wealth
Penncocoins Blog » Print » WHY I BELIEVE THE GOLD AND SILVER ETF'S ARE SCAMS
Penncocoins.com - Today's Headline
SPDR Gold Shares
Where do the gold ETFs really get their bullion Gold Anti-Trust Action Committee
Where Gold Investors come for crucial market insight!
email
Keep it up Eric. Thanks for the links. Cant wait to read the article.
Your blog is by far the most rigurous, informative and interesting one of all the ones I've found about the economic outlook. Keep up the excellent work!!
Eric,
It's amazing how you can read and absorb all this information and be able to analyze and logically present it in an objective manner. Thanks for sharing your blog with us!
Another useful link for tracking treasury yields (updated at the end of every day):
http://www.ustreas.gov/offices/domestic-finance/debt-management/interest-rate/yield.shtml
Post a Comment