Articles related to lunch |
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| Hugo Salinas Price |
Thoughts on gold and humanity |
The supply of gold is largely misunderstood. According to MSM, gold supply is what is mined every year and brought to market – about 2,500 tonnes.
This is a big mistake. The supply of gold is calculated at about 170,000 tonnes, made up of virtually all the gold ever mined since mankind took notice of its existence as shiny yellow pebbles in sand “placers” in riverbeds. Every ounce –every gram - of this supply is owned by someone, either a person or an institution.
This brings up another point,Sunday, January 10, 2021 |
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| Ronan Manly - Bullion Star |
New Gold Pool at the BIS Basle, Switzerland: Part 1 |
“In the Governor’s absence I attended the meeting in Zijlstra’s room in the BIS on the afternoon of Monday, 10th December to continue discussions about a possible gold pool. Emminger, de la Geniere, de Strycker, Leutwiler, Larre and Pohl were present.”
13 December 1979 – Kit McMahon to Gordon Richardson, Bank of England
Introduction
A central bank Gold Pool which many people will be familiar with operated in the gold market between November 1961 and March 1968. That Gold Pool was known as tSaturday, April 18, 2020 |
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| Chris Powell - GATA |
Study finds increase in taxi trips between NY Fed and banks around FOMC meetings |
A new study has found a jump in New York City taxi cab activity between the Federal Reserve Bank of New York and major Wall Street banks around the time of central bank policy meetings, and the study's author says the findings suggest an increase in informal communications between Fed employees and individuals in the private sector could be occurring.
The New York Fed strenuously disputed the study's assertions.
The study was conducted by University of Chicago Booth School of Business Ph.D. caMonday, March 5, 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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| Axel Merk - Merk Fund |
This Time is Different. Really! |
Axel Merk, Merk Investments
February 13, 2018
Follow @AxelMerk Tweet
“Don’t panic, buy the dip, who cares?” or “These are rumblings of an earthquake, people will be hurt like in 1929” - which one is it? I would call it a wake-up call. Let me explain:
In recent years, markets had appeared eerily “safe”. Central banks promised to do “whatever it takes”, provided “forward guidance” to keep rates low, even printed money to Tuesday, February 13, 2018 |
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| Mark O'Byrne - gold.ie |
“This Is Where They Completely Lost Their Minds” – Hussman |
– Hussman warns ‘the S&P 500 to lose approximately two-thirds of its value over the completion of this cycle’– ‘the market has lost value, even since 2009, when overvalued, overbought, overbullish conditions were joined by divergent internals’– Believes the market is going to learn lessons about the crash ‘the hard way’
In an almost prophetic blog post from John Hussman last week, we are warned about the bubble waiting to collapse in the US equity market and the hard lesson investors are about Saturday, February 10, 2018 |
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| BullionStar - Bullion Star |
Bitcoin backwardation, gold contango |
People often refer to bitcoin as digital gold because of the similarities between the two assets. One big difference between gold and bitcoin is currently playing out in their respective futures markets. Since bitcoin futures were introduced last December by the CBOE, futures prices have often been inverted, or in backwardation. This sort of phenomenon rarely happens in gold markets, which trade normally, or in contango. Let's explore why inversion seems to be relatively common with bitcoin and Monday, January 22, 2018 |
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| George F. Smith - Barbarous Relic |
Smile, the future is coming |
I’m sure there will be some shocking events in 2018, but I have no idea what they will be.There are too many wildcards in the mix, with one big one taking center stage: States.
The civilized world, such as it was, took a nosedive after the Sarajevo assassinations in 1914 ignited the political tinderbox in Europe. To pay for the massive slaughter that followed, states abandoned gold and turned to inflationary finance and borrowing, in addition to heavy taxation. Very importantly, as RothbarFriday, January 5, 2018 |
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| Keith Weiner - Monetary Metals |
Quantum Change in Gold and Silver Demand, 2 Jan 2018 |
We hope everyone had a happy New Year.
There is a long informercial airing on American TV. It shows an endless parade of senior citizens, struggling to pay their bills, unable to buy that motorized stairway lift, play golf, or eat out at restaurants. The solution?
Get a reverse mortgage! The number to call is 1-800-GET-CASH. That number again is one eight hundred get your free cash now!
To summarize the point of the commercial—if not the terms of the fine print—the senior gets a monthly check, aTuesday, January 2, 2018 |
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| James Howard Kunstler |
Forecast 2018 — What Could Go Wrong |
Markets
If you take your cues from Consensus Trance Central — the cable news networks, The New York Times, WashPost, and HuffPo — Trump is all that ails this foundering empire. Well, Trump and Russia, since the Golden Golem of Greatness is in league with Vladimir Putin to loot the world, or something like that.
Since I believe that the financial system is at the heart of today’s meta-question (What Could Go Wrong?), it would be perhaps more to the point to ask: what has held this matrix of rackeMonday, January 1, 2018 |
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| Axel Merk - Merk Fund |
Merk 2018 Oulook |
Axel Merk, Merk Investments
December 7, 2017
Follow @AxelMerk Tweet
With the stock market and Bitcoin reaching all-time highs, what can possible go wrong? In offering my thoughts on 2018, I see my role in reminding investors to stress test their portfolios. Is your portfolio built of straw, sticks or brick?
First, let me allege many investors have portfolios built of straw and sticks rather than brick. How do I knFriday, December 8, 2017 |
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| Peter Schiff - Euro Pacific Capital |
Fake Tax Reform |
After supposedly chomping on the bit for years to pass meaningful tax reform, Republicans are now set to blow an historic opportunity. Whatever version of the Bill that emerges from the House and Senate Conference Committee (which will be signed by President Trump faster than he can down a Filet o’Fish), will be far less than the Republicans envisioned when they finally captured the White House and both Congressional Chambers in 2016. But from what I have seen of the particulars, the revisions tThursday, December 7, 2017 |
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| Gary Tanashian - Biwii |
Macro Plan Still on Track for Stocks, Commodities And Gold |
As I’ve been noting again, again, again, again, and again the macro backdrop is marching toward changes. I’d originally thought those changes would come about within the Q4 window and while that may still be the case, it can easily extend into the first half of 2018 based on new information and data points that have come in.One thing that has not changed is that stock sectors, commodities and the inflation-dependent risk ‘on’ trades and the gold sector, Treasury bonds and the risk ‘off’ trades aSaturday, November 11, 2017 |
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| George F. Smith - Barbarous Relic |
When will free markets emerge |
If someone asked you to define “free market,” could you?Could you do it on the spot without recourse to dictionaries or other crutches?
There’s an old tale about the origin of the term “laissez-faire” that gets to my point. Here’s the write-up in Wikipedia:
The term laissez faire likely originated in a meeting that took place around 1681 between powerful French Comptroller-General of Finances Jean-Baptiste Colbert and a group of French businessmen headed by M. Le Gendre. When the eager merFriday, November 10, 2017 |
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| Jason Hamlin - Gold Stock Bull |
Bitcoin Price Target of $7,850 by November 16th |
Bitcoin has enjoyed a massive breakout during 2017, up over 500% year to date from $960 to the current price of $5,750. It briefly hit an all-time high near $6,200 last week, but has since corrected nearly 10%. The main driver of the price advance was the Bitcoin Gold fork, as investors were looking to increase their exposure to Bitcoin prior to the snapshot in order to get free Bitcoin Gold. Once the fork date passed, the correction ensued, with the price dropping toward $5,400, before bouncingSaturday, October 28, 2017 |
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| Jason Hamlin - Gold Stock Bull |
Silver, Stock Markets and TANSTAAFL |
SILVER:
Silver has been the money of commerce for several thousand years. In contrast, unbacked debt-based fiat currencies have been a devaluing money substitute for decades.
According to the St. Louis Federal Reserve, total debt securities and official national debt have increased exponentially for decades. Prices for the stock market, silver, gold, food and most other necessities increase similarly.
National debt has risen at 8 – 9% per year since 1913. Since then the value of the dollar hFriday, October 27, 2017 |
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| Graham Summer - Gains Pains & Capital |
Happy Black Friday |
Amsterdam | As the financial world happily fixates on who will be the next Fed Chairman, I am in Europe celebrating the 30th anniversary of Black Friday, October 19, 1987. Three decades ago, I was on a trading desk at Bear, Stearns & Co in London along with David, Joey, Gregory, Peter and Paul, among others. We had just finished a remarkable four year run, but the party was over.
That fateful day, our Treasury/MBS trader Matt got his eyes ripped out early in the day. His big mistake was answeFriday, October 20, 2017 |
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| Bullion Vault |
Gold Price Up Above $1300 as Asian Shares Record Multi-Decade Highs, Geopolitical Tension Continues |
The GOLD PRICE is up above $1305 per ounce this Monday lunch time amid Asian stock market gains to multi-decade highs following Friday’s record US stock levels.
The MSCI Asia Pacific Index rose to its highest level since November 2007, while Nikkei climbed for a tenth day to the highest level seen since Nov 1996. The FTSE increased 0.06% and DAX gained 0.16%. Spain’s IBEX Index fell 0.67%.
Yesterday Catalan leader Carles Puigdemont called for calm whilst Spain’s central Tuesday, October 17, 2017 |
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| Keith Weiner - Monetary Metals |
A Free Market for Goods, Services, and Money |
A thesis submitted September 3, 2012 by Keith Weiner to the Graduate Faculty of the New Austrian School of Economics, in partial fulfillment of the requirements for the degree of Doctor of Philosophy. Major Subject: Monetary Science.
Abstract
A free market is composed of people who produce and trade the products of their efforts in exchange for the products of others. Each sets the prices at which he is willing to offer his product and at which he is willing to bid on others’ products. The markeSaturday, October 14, 2017 |
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| Axel Merk - Merk Fund |
Ray Dalio's Principles: A Radically Truthful Review |
Axel Merk, Merk Investments
September 27, 2017
Follow @AxelMerk Tweet
Spending $26.95 to pick Ray Dalio’s brain for over 16 hours listening to the audiobook appears fantastic value to me. The thought crossed my mind to offer Mr. Dalio a charity donation in his name if he gave me tWednesday, September 27, 2017 |
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