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| Alasdair Macleod - Finance and Eco. |
Brexit – the battle for ideas |
The battle for ideas in the Brexit debate comes down to two basic economic approaches. The neo-Keynesian macroeconomists in the permanent establishment, who manage the state as economic planners and regulators are on one side. They are naturally sympathetic with the policies and ideals of their EU counterparts. Against them are those who argue that in economics free markets must have primacy over the state.It is turning out to be a modern rerun of the socialist calculation debate. In a communistThursday, February 1, 2018 |
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| Nathan Lewis - New World Economics |
Applied Mainline Economics (2017), by Matthew Mitchell and Peter Boettke |
Matthew Mitchell and Peter Boettke are academic economists at the Mercatus Center, a think tank associated with George Mason University. I like Mercatus and its work a lot, as it explicitly builds upon and follows the work of people like F.A. Hayek, Adam Smith, and James Buchanan. I don’t follow the academics too closely, but they often have some good insights, so I was looking forward to a book that might summarize some of those insights and let me know where to look for more detail.
The idea bSaturday, December 9, 2017 |
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| Jeff Clark - Goldsilver |
Quotes, Gloats, and Anecdotes from the Silver Gold Summit |
I attended the Silver & Gold Summit in San Francisco November 20 and 21. It was great connecting with the many people I know in the industry, but I will tell you that a) attendance was low, and b) crypto promoters were out in force. It turned out to be more of a gold and crypto conference than anything else. Some of the more lively sessions were the gold vs. crypto debates, and one company offered “free bitcoin!” if you opened an account with them.I talked to many exhibitors and speakers and attWednesday, November 29, 2017 |
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| James Howard Kunstler |
What Now |
It must be exciting to wake up on a gilded bed somewhere in Riyadh and realize that you are Saudi Crown Prince Mohammad bin Salman, mover and shaker of Middle East order. Actually, exciting just to have woken up at all. Perhaps Prince MBS checks to make sure that there aren’t seventy-two virgins in the room before he rises to prayers, state business, and the prospect of World War Three.
The Kingdom of Saudi Arabia (KSA) has been a giant gasoline bomb waiting to explode for decades. It occupies oMonday, November 13, 2017 |
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| Nathan Lewis - New World Economics |
It’s Getting Uncomfortable in the Prices, Interest Money Box |
We’ve been talking about The Midas Paradox (2015), by Scott Sumner.
July 23, 2017: The Midas Paradox (2015), by Scott Sumner
July 31, 2017: The Midas Paradox #2: Blame Gold
August 3, 2017: The Midas Paradox #3: It’s So Because I Say It Is
August 11, 2017: The Midas Paradox #4: Much Ado About Nothing
I’ve mentioned many times the “Prices, Interest, Money Box” that economists got themselves into beginning in the 1870s, and are still in today. The result of this, regarding the Great Depression, is Friday, August 18, 2017 |
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| Nathan Lewis - New World Economics |
Much Ado About Nothing |
We’ve been talking about The Midas Paradox (2015), by Scott Sumner.
July 23, 2017: The Midas Paradox (2015), by Scott Sumner
July 31, 2017: The Midas Paradox #2: Blame Gold
August 3, 2017: The Midas Paradox #3: It’s So Because I Say It Is
Today, I promised that we would take a look at some of these “supply and demand for gold” factors that Sumner talks about. Supply is pretty stable during this time, either in terms of mining or aboveground gold, so it is really about demand.
I’ve talked about tSaturday, August 5, 2017 |
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| USA GOLD - USA Gold |
The Daily Market Report: Gold Choppy On Mixed Data and Mixed Messages |
USAGOLD/Peter Grant/05-23-17
Gold was unable to sustain the earlier intraday rebound, falling back into the daily range. The choppy trade comes as a result of a mixed bag of economic data, dovish FedSpeak, much ado about President Trump’s budget proposal and ongoing concerns about his broader economic agenda.
Markit PMI data were mixed with services better than expected and manufacturing missing expectations. The Richmond Fed index tumbled to 1 in May, below expectations of 15, vs 20 in April. NTuesday, May 23, 2017 |
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| USA GOLD - USA Gold |
The Daily Market Report |
USAGOLD/Peter Grant/05-23-17
Gold was unable to sustain the earlier intraday rebound, falling back into the daily range. The choppy trade comes as a result of a mixed bag of economic data, dovish FedSpeak, much ado about President Trump’s budget proposal and ongoing concerns about his broader economic agenda.
Markit PMI data were mixed with services better than expected and manufacturing missing expectations. The Richmond Fed index tumbled to 1 in May, below expectations of 15, vs 20 in April. NTuesday, May 23, 2017 |
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| Mac Slavo - ShtfPlan |
Alert: Your Cell Phone is Spying on You! 4 Ways to Block Your Cell Phone and Prevent Being Monitored |
This guide was originally published by Jeremiah Johnson at Tess Pennington’s Ready Nutrition.
Tess is the author of the widely popular Prepper’s Blueprint: A Step-By-Step Guide To Survive Any Disaster
“We are all just prisoners here…of our own device…” – “Hotel California,” by The Eagles
This piece is on the heels of an article released by RT News on 3/8/17, entitled “85% of World’s Smart Phones ‘Weaponized’ by CIA.” The article is a very disturbing report; however, it isn’t something that Wednesday, March 15, 2017 |
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| Rick Ackerman |
How to Tell if Gold's Rally Is for Real |
Within the next day or two we should have more evidence to tell us whether the rally begun in late December is the real deal. If bulls have any moxie, they’ll push this vehicle above the 1223.50 peak (see inset) without much ado. Still better would be an unpaused thrust exceeding the second, 1236.10. Our rule for bull markets is that each completed upthrust should pierce an old high or a layer of supply. The effect is to refresh the bullish energy of the daily and intraday charts. That’s the leaWednesday, January 18, 2017 |
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| FOFOA - FoFOA |
Trump |
For eight years on this blog, I did my best to avoid politics. Then, six months ago, in The Debtors and the Savers 2016, I took a turn for the political, with sub-headings like Peak Progressivism, Trump and Peak Absurdity. Here's a bit from the Trump section:
Progressives, “enlightened” academics, the media, and the mainstream political establishment all seem confounded by Trump’s popularity, but it’s really quite simple. It’s not because his supporters are all dumb racists and xenophobic redneThursday, November 10, 2016 |
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| Jesse - Le Cafe Américain |
Gold Daily and Silver Weekly Charts - Much Ado About Nothing |
There was a posting on the NAV of some of the precious metal trusts and funds intraday here.
And there was also a short piece on the competing crime families that are our two established political parties here.
Gold and silver had a nice spike higher earlier in the day on a lower dollar as you can see in the charts below.
The metals gave back some of their gains into the close.
The FOMC did not seem to affect them much despite its dovish waffling and wistful desire to raise rates at least onWednesday, November 2, 2016 |
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| Jason Hamlin - Gold Stock Bull |
31 Incredible Facts About Gold |
No metal can claim a legacy comparable to gold.Gold has been used to show affectionate love, but it has also represented power, status, and riches for the greatest kings of antiquity. Gold’s history is truly legendary, ripe with colorful tales and anecdotes from people ranging from William Shakespeare to Christopher Columbus.But gold doesn’t just “talk the talk”.Gold also walks the walk, because its grandeur is backed up by impressive chemical properties and uses. As we documented in our extensiSunday, August 7, 2016 |
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| Tim Iacono - Iacono Research |
Much Ado About the Fed’s LMCI |
After Friday’s disastrous labor report, financial scribes are poring over other economic data (that is, when they’re not marveling at levitating stock prices) in an attempt to figure out what the heck is going on in the nation’s labor market and a few of them (see here and here) have homed in on the startling decline in the Federal Reserve’s all-encompassing Labor Market Conditions Index, reproduced below courtesy of the St. Louis Fed.
After this many months below zero on the y-axis, history shFriday, June 10, 2016 |
|
| Ron Paul |
Much Ado About Restrooms |
Debates over the US government's foreign and economic policies have recently
taken a backseat to the debate over what bathroom transgender individuals should
use. The two sides of the debate both believe that government has the legitimate
authority to tell private businesses who they should allow to use their facilities.
Few on either side of this debate defend the right of private property owners
to decide for themselves who may and may not use their bathrooms.
Some say government musMonday, May 23, 2016 |
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| Sprott Money |
The Deutsche Bank Settlement is Meaningless - Jeff Nielson |
There has been considerable hoopla and
celebration, following Deutsche Bank’s
legal
settlement
, in a U.S.-based litigation against this Big Bank regarding
precious metals manipulation. The enthusiasm surrounds Deutsche Bank’s pledge
to “cooperate” in providing evidence to be used against the other defendants in
that litigation: HSBC and the Bank of Nova Scotia (and possibly UBS, as well).
It is painful to be a naysayer here. The
extreme,
perennial,
manipulation and suppression of preciouFriday, April 29, 2016 |
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| Tim Iacono - Iacono Research |
Negative Interest Rates: Glass Half Full Edition |
Much ado in the financial media this morning about yet another warning from the Bank for International Settlements about the current state of affairs in the global financial system as it relates to debt levels that now exceed the 2007 highs, negative interest rates, and faltering confidence in central banks who seem increasingly befuddled and desperate.
The tone appears to have been lost on whoever penned the outlier headline below.
The Bloomberg article is about as positive as the headline, soMonday, March 7, 2016 |
|
| Jesse - Le Cafe Américain |
Gold Daily and Silver Weekly Charts - Non-Farm Payrolls Tomorrow |
Gold continued to advance higher and silver joined in, edging up to the cusp of the 15 handle.
They are a little short term overbought, and we are going to be enjoying another chapter in the ongoing fictional story of the US Economic Recovery tomorrow.
I refuse to draw the tentative 'cup and handle' formation on the charts for fear of jinxing it. I know, but hey its hard for any trader to be perfectly rational ALL the time, especially in the teeth of a three year bear market that seems to defFriday, February 5, 2016 |
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| 24hGold - Yahoo |
OIL This Week's News Roundup: Oil Panic KMI Earnings |
To end your work-week and start your weekend off well, the “Stocks in the News” section here at Zacks compiled the top trending finance stories of the week – just in case you did not have the opportunity to read up on what was going on. The top stories of this week primarily focused on poor performances for many companies, as well as the market’s poor performance overall. Without further ado, here are the top trending stories of the week:1. Why was the Stock Market Plunging?U.S. stocks opeFriday, January 22, 2016 |
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| 24hGold - Yahoo |
OIL This Week's News Roundup: Oil Panic KMI Earnings |
To end your work-week and start your weekend off well, the “Stocks in the News” section here at Zacks compiled the top trending finance stories of the week – just in case you did not have the opportunity to read up on what was going on. The top stories of this week primarily focused on poor performances for many companies, as well as the market’s poor performance overall. Without further ado, here are the top trending stories of the week:1. Why was the Stock Market Plunging?U.S. stocks opeFriday, January 22, 2016 |
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