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| John Butler - Goldmoney |
Financial crisis dynamics, the ‘shadow’ gold demand, and Mene |
The study of financial crises is as old as the economics discipline itself. One of the most prominent theorists of financial crises ever to hold a senior Federal Reserve policy position was John Exter, vice-president of the New York Federal Reserve during the 1950s. Several years ago I co-wrote a series of essays on Exter’s theories together with his sonin- law, Barry Downs. In this paper, building on Exter’s work, including his eponymous ‘pyramid’, I introduce a new ‘hourglass’ framework for unSaturday, November 14, 2020 |
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| Mike Hewitt - Dollar Daze |
Should Self-Sufficient Countries Trade |
Countries that are self-sufficient have enough resources to meet the demands
of their citizens. Such countries do not need to trade, but there is
advantage to be gained by trading. These benefits are three-fold: reduced prices,
a tradable surplus, and/or reduced work hours for their citizens.
I will illustrate this principle using two commodities - spice and coal -
from two hypothetical countries: Zamunda and Elbonia. For this illustration
we need to agree on the following assumption:
Thursday, May 21, 2020 |
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| Mish - Global Economic Analysis |
Macron Says "France Won't Deal with Countries that Don't Respect Climate Accord" |
French President Emmanuel gave a blistering speech at the UN pointed at Trump. I suggest Macron should look at Germany.
Hoot of the Day
French president Emmanuel Macron is calling on other countries to join him in refusing to sign new deals with 'powers that do not respect' the Paris Accord
Please consider this hoot of the day: Macron Rejects Trade Deals with Countries Outside Paris Climate Accord.
Emmanuel Macron has announced France will no longer accept “commercial agreements” with countriesWednesday, September 26, 2018 |
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| Mark O'Byrne - gold.ie |
Stephen Hawking – Doomsday Prophet’s Top Five Predictions |
– Stephen Hawking, the doomsday prophet & visionary physicist died yesterday
– Hawking’s five doomsday warnings highlight the need for a ‘Plan B’
– Hawking predicted A.I. may be “the worst thing” for humans
– Vocal critic of President Trump and warned about the risk of nuclear war
– “Nuclear war remains the greatest danger to the survival of the human race”
Photo by Simon Steinberger via Flickr
Stephen Hawking, the visionary physicist who died early yesterday at the age of 76, made five predicSaturday, March 17, 2018 |
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| Mark O'Byrne - gold.ie |
London Property Sees Brave Bet By Norway As Foxtons Profits Plunge |
– Sales in London property market at ‘historic lows’
– 65% fall in pre-tax profits in 2017 to £6.5m reported by London estate agents Foxtons
– Foxtons warns 2018 will ‘remain challenging’ for London property
– Norway’s sovereign wealth fund is backing London’s property market
– RICS: UK property stock hits record low as buyer demand falls
– Own physical gold to hedge falls in physical property
The world’s biggest sovereign state fund is backing the London property market. The news comes at a tiFriday, March 9, 2018 |
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| Peter McKenzie-Brown - Language Instinct |
Barbecues, Booms and Blogs |
Barbecues, Booms and Blogs
Fifty Years of Public Relations in Calgary
ISBN number: 978-1-55059-363-1
Copy for inside front cover:
Public relations is "the management function which evaluates public attitudes, identifies the policies and procedures of an individual or organization with the public interest, and plans and executes a program of action to earn understanding and acceptance."
Canadian Public Relations Society definition
Title: Barbeques, Booms and BlogsSubSunday, March 4, 2018 |
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| Andy Hoffman - Miles Franklin |
Did The Office Of Management And Budget Just Throw In The Towel |
At some point you really have to begin to wonder if the U.S. government has simply given up on the idea of even pretending to have any sort of fiscal plan.
It’s almost as if they’ve stopped trying to even bother to maintain the appearance of solvency, and are just wondering how long it will take before the market notices and ends the charade.
A quick review is that the publicly stated debt is now over $20 trillion, with unfunded liabilities like Social Security and Medicare raising the real totaFriday, February 23, 2018 |
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| Andy Hoffman - Miles Franklin |
Budget Issues Return To Spotlight As Next Debt Ceiling Circus Looms |
Judging by the fact that you’re reading this, at some point you have probably been concerned about the financial condition of United States government.
The publicly stated debt is now over $20 trillion, while Boston University economist Laurence Kotlikoff pegs the cost of unfunded liabilities at over $222 trillion! Not exactly ideal in an $18 trillion economy. And if there’s an accountant out there who can explain how it’s even feasibly possible that the debt could ever be repaid without defaultWednesday, February 14, 2018 |
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| George F. Smith - Barbarous Relic |
Better than the alternative |
As people age we sometimes hear them say it beats the alternative, which is usually left unsaid.It’s an old joke technology aims to eliminate by treating aging as a disease and curing it.
But there’s another sense in which the alternative is assumed to be far worse than the present condition. I’m referring to the type of government almost all people live under, which is the nation state. As bad as states might be — we’ve all been taught — it certainly beats the alternative, anarchy.
RWednesday, February 14, 2018 |
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| James Howard Kunstler |
Yet Another Year of Magical Thinking |
A peculiar feature of the human condition is that a society in distress will call forth intellectual witch-doctors to put on a colorful show that distracts the supposedly thinking class from the insoluble quandaries that portend serious trouble ahead. This feature is on display these days in the person of freelance space pioneer Elon Musk. He intends to establish a human colony on Mars of one million people by 2040.
Musk, who is also developer of the Tesla line of electric cars and businesses thMonday, February 12, 2018 |
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| Mac Slavo - ShtfPlan |
Tim Allen Is Back In Spite Of PC Culture: ‘It’s Like ’30’s Germany’ |
Famous non-liberal Tim Allen is coming back with a vengeance. After months of being out of the spotlight, he’s decided to put the politically correct “safe space” culture under the microscope in a new TV show.
In an interview last year, the comedian likened the liberal atmosphere in Hollywood to that of Nazi Germany. “You’ll get beat up if you don’t believe what everybody believes,” he said, admitting he was afraid to reveal he attended Trump’s inauguration. “It’s like ’30’s Germany.”
But Allen Thursday, February 8, 2018 |
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| Mac Slavo - ShtfPlan |
3 Things You MUST Know to Protect Your Money (Even If You Know Nothing About the Market) |
This article was originally published by Anonymous Financial Guy at The Organic Prepper
In this economic climate, lots of folks are wondering how to protect their money. Some people are forced to invest in retirement funds by their employers, others play the market, some invest on their own, and nearly everyone has checking and savings accounts. But when the amount of money you have goes beyond something you could live off for a month or two, how do you deal with it wisely while minimizing yourWednesday, February 7, 2018 |
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| Bob Hoye - Institutional Advisors |
Climate Stats |
Solar Minimum Continues
January's Sunspot count came in at 6.7, which was down from December's 8.2. The following chart includes the latest post and covers Solar Cycle 24.
The high was 145 in February 2014, which compares to the high of 238 in September 2003.
With the decline in solar activity, the number of Spotless days continues to grow. It's the way it works. So far, this year there has been 17 days, or 52% for the year. In all of 2017, the number was 104 days or 28% and the year before it wTuesday, February 6, 2018 |
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| Mark O'Byrne - gold.ie |
Greatest Stock Bubble In History GoldNomics Podcast Transcript |
Dave: Welcome to episode two of the Goldnomics podcast where we look at the developments in financial markets through the lens of precious metals. Before we start today, I just want to remind all our listeners to subscribe to the Goldnomics podcast on iTunes YouTube or SoundCloud. And you can also stay up to date with all of the developments in precious metals markets by subscribing for our market updates at www.goldcore.com. And you can find a link in the show notes accompanying this podcast.
Monday, January 29, 2018 |
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| Mac Slavo - ShtfPlan |
HYPOCRITE Global Elites Fly To Davos Climate Change Summit In 1000 Private Jets |
Either the elite globalists and climate alarmists think we are too stupid to understand this bold hypocrisy, or they think they are above the rules they impose on others. It’s actually probably both.
The globalist Davos summit opened with a speech from Narendra Modi, in which he identified climate change as the number one threat to civilization, and called for more wealth transfers from rich countries in order to help poorer nations “adopt appropriate technologies” for reducing climate emissionWednesday, January 24, 2018 |
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| Robert P. Murphy - |
Does Bitcoin Use Too Much Electricity |
An optimist says the glass is half full. A pessimist says the glass if half empty. And a Vox writer says if you drink 60 glasses of that stuff in the next hour, it’ll kill you.A case in point is the recent Vox column by Umair Irfan, warning that the Bitcoin network has caused a huge surge in energy consumption. And yet, Irfan’s own article admits that even the largest estimate—which could be double the actual figure—suggests Bitcoin only uses about 0.14 percent of global electricity. It seems soWednesday, January 24, 2018 |
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| Mish - Global Economic Analysis |
Taunts From Bulls Come In: "Stupid to Hold Cash" |
Bridgewater’s Ray Dalio says investors in cash are going to feel pretty stupid.
Speaking at Davos, the head of world’s largest hedge fund says ‘If You’re Holding Cash, You’re Going to Feel Pretty Stupid’.
“We are in this Goldilocks period right now. Inflation isn’t a problem. Growth is good, everything is pretty good with a big jolt of stimulation coming from changes in tax laws,” Dalio said, referring to the health of the U.S. market as well as what he sees as an improving global economic climTuesday, January 23, 2018 |
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| Mac Slavo - ShtfPlan |
Hell On Earth: Major City Will RUN OUT Of Water In Less Than 95 Days |
If you’ve ever needed a reason to store extra food and water, this just might be it. Cape Town, South Africa is on schedule to run out of water in less than 95 days, and when they do, the government will turn off the taps.
“There are only 95 days left before we reach Day Zero,” the City of Cape Town announced on January 15 in a statement. “Day Zero has moved a day closer this week to April 21, 2018. Day Zero is when the City will be forced to turn off most of the taps.”
The coastal South AfricaSunday, January 21, 2018 |
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| Jason Hamlin - Gold Stock Bull |
4 Blockchain Stocks to Consider and How They Perform vs. Holding Crypto |
Holding large-cap cryptocurrencies like Bitcoin and Ethereum have been very profitable long-term, but how does this compare to holding blockchain stocks? And what are some of the top blockchain stocks to consider?
As this new technology and the industry springing up around it grows, opportunities arise in multiple areas. For example, we’ve recently seen how a company’s stock can shoot to the moon the moment it announces it intends to have anything to do with blockchain. While the dramatic extSaturday, January 20, 2018 |
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| James Howard Kunstler |
Fever Pitch |
In case you’re worked up about the looming federal government shut-down, this is exactly how we’re supposed to roll in the long emergency: everything organized at the gigantic scale is going to wobble and fail. It’s nature’s way of saying, “get smaller, get realer, scale down, and get local.” The catch is, we probably won’t listen to nature. Instead, we’ll just behave like bystanders and do nothing until the full force of failure is upon us, just as we’re doing with climate change — the tragedy Friday, January 19, 2018 |
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