Posts by Jeff Berwick

The Return of the Bond Vigilante… in Japan

[Editor's Note: The following post is by TDV Editor-in-Chief, Jeff Berwick]

On April 11th we went public stating that shorting Japanese Government Bonds (JGBs) was an effective means of, "Profiting from The End Of The Monetary System As We Know It" (TEOTMSAWKI).

Less than a month later, on May 10th, after a month replete with numerous halts of the market over intraday crashes JBGs had their worst day in the last five years. Yields rose higher by 11bps to 70bps in the 10 year bond and ended up 10 basis points higher on the day.

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The Weekend Vigilante May 11, 2013

Hello from sunny Acapulco,

I was looking forward to my usual daily wake up in paradise when I rolled over at around 11am and my beautiful Mexican wife looked like Alvin from the Chipmunks.  Her small face was bloated to nearly twice its normal size with her cheeks in huge balls.

"Er, have you looked in the mirror?" I asked her in what I now call Berspanglish because it is my own personal brand of Spanglish having picked up poorly pronounced words and slang from dozens of different Spanish speaking countries and which now leaves most Mexicans confused as to my background much the same way that in English most people can't really place my accent and style of speaking after having lived all over the world for the last ten years.

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The Weekend Vigilante May 4, 2013

Hello from sunny Acapulco bay,

My day started off as every day starts here… around 10-11am I awaken naturally.  I've always despised the idea of an alarm clock.  Of course, I have to use one when necessary, usually to do with flights, but otherwise I can think of no worse way to start your day than by being awoken before you are ready.  I've felt this way at least since I was 12 years old and that perhaps was my first reason for having a massive dislike of being forced to go to school.  I've never been a morning person.  I know many who are, but I have always been a night owl.  If I do anything by my own volition prior to 9am, it is likely because I am still up from the previous night.

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My Official Withdrawal from the BitcoinATM Project

Sometimes things don't always go to plan.

As background, a few months ago I was approached by two young entrepreneurs.  They had purchased a semi-workable Bitcoin ATM off of another entrepreneur and were excited about the prospects and approached me to help with marketing to the public and prospective franchisees as well as garnering investment interest.

It was a verbal handshake I had done via Skype from the jungles of Guyana while looking at a gold mining enterprise.  I then set off on a month-long media sojourn which had me in all the mainstream media promoting BitcoinATM and had been approached by numerous investors interested in the project.

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How Canada’s Tax Day Became My Personal Independence Day

[Editor's Note: The following post is by TDV Editor-in-Chief, Jeff Berwick]

Having had the bad luck to be born in North America's version of Siberia, Canada, and believing solely in individuals and not a collectivist idea life I always feel a bit left out whenever the local slaves celebrate "Independence Day". Whether it be in Canada, on July 1st or in the US on July 4th or in Mexico on September 16th. I especially like to ask those in the US on July 4th if they "agree with secession?" Most say no and I then usually ask, "So why are you celebrating July 4th?"

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