Posts Tagged ‘ Gold ’

Keynesianism Vs. The Gold Coin Standard

Aug 10th, 2012 | By | Category: Featured, Gold
Recently, the leftist London Guardian posted an article against the nineteenth-century gold coin standard. The author, who seems recently to have begun shaving, has provided a highly useful summary of the Keynesian case against the gold coin standard. His article is a fine mixture of familiar old canards and creative ...read more


The “New” Migration To Gold And Silver

Aug 9th, 2012 | By | Category: Featured, Gold
Yesterday I gave you a brief history of gold, and why I think the metal may be higher. Today let's round out our discussion with the importance of holding physical metal! In fact, over the past few years investors have been flocking to gold and silver. What's going on? It's a worldwide ...read more


The Death of Banks and the Future of Money

Jun 20th, 2012 | By | Category: Featured, Macro Economics
Banks are something between dinosaurs and vampires. One thing is now clear to even the most casual observer: banks are not capitalist businesses. In their present incarnation they have little to do with the free market and no place in it. They are constantly oscillating between two positions: One moment, they are ...read more


Prozac-Craving Markets

Jun 12th, 2012 | By | Category: Featured, Gold, Macro Economics
There is no escaping the fact that things are not getting better. If anything, they are getting worse. Following the recent large swings in financial markets and reading the commentary in the press, it strikes me that there is still a surprisingly strong belief out there that our fate is ...read more


Is Gold In A Bubble, Part II

Jun 5th, 2012 | By | Category: Featured, Gold
Gold in the 1970s We start in 1970 when the gold price was massively undervalued. The golden shackles had come off in the US domestically 37 years earlier when relentless paper money printing had commenced, albeit at first at a somewhat moderate pace. However, in blatant disregard for economic reality, the official ...read more


Is Gold In A Bubble?

Jun 4th, 2012 | By | Category: Featured, Gold
As the gold-sceptics keep reminding us, gold pays no coupon and no dividend, it does not offer a running yield, so traditional measures of ‘fair value' do not apply. But gold is money, and just as the paper ticket in your wallet does not pay interest, neither does gold. Gold is ...read more


Hear That? It’s The Sound Of The Doors Closing For Americans

May 11th, 2012 | By | Category: Featured, International, Personal Investing, Politics
We hate being right. After all, we have been predicting that people in the US and most of the western world will soon find themselves living in a Terminator-esque world where they will be tracked every moment of the day (US Government Builds World's Biggest Domestic Spy Complex), 1 the US ...read more


Stick to Depopulating the Planet, Bill Gates

May 8th, 2012 | By | Category: Economics, Featured, Personal Investing
It must be "Bash Gold" week on the CNBS network. Warren Buffet has been leading the charge by talking down the precious metal in a recent newsletter to Berkshire Hathaway shareholders and followed up today on CNBS's "Squawk Box" where he warned that despite the declining value of the dollar, ...read more


Why Gold Is Still My Favorite Asset

Apr 24th, 2012 | By | Category: Featured, Gold, Personal Investing
I hate to give personal investment advice. So please do me a favour and do not treat the following as investment advice. I am expressing my personal opinion here. I do so with honesty and conviction, without a personal agenda – I am not trying to sell you anything. Nobody knows ...read more


Analysts Predict Gold Will Plunge Below $1000

Mar 12th, 2012 | By | Category: Featured, Gold
It's over folks. According to some analysts recent price swings indicate that the gold and silver run-up will soon be coming to an end. "Sharp falls in the gold price have prompted some bears or pessimists to predict it will plunge below $1,000 (£625) an ounce." ... "Goldcore priced bullion at $1,721 or ...read more