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 | Mark O'Byrne - gold.ie |
 Gold $10,000 Goldnomics Podcast Quotations and Transcript |
| In the latest Goldnomics latest podcast, we consider whether the gold price will reach $10,000 per ounce in the coming years and what factors will drive prices.
Watch on YouTube or read the quotations and transcript below.
Dave: Hello and welcome to the Goldnomics podcast where we look at global markets through the lens of precious metals. And you can keep your eye out for new episodes on iTunes, on SoundCloud and also on YouTube and you can like us on Facebook and follow us on Twitter.
And wsoSunday, 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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| 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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| 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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 | Alasdair Macleod - Finance and Eco. |
| The importance of randomness |
| The greatest strength of a truly free market economy, where money is sound and does not corrupt prices, is the absence of cyclical action. With sound money, and consumers deciding for themselves their wants and satisfactions, having to choose between this or that instead of deploying unbacked credit to have this and that, there can be no cycle of credit, and no credit-driven business cycles.Central bank manipulation of money is intended to force everyone to act the same way at the same time. CenThursday, May 18, 2017 |
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 | Andy Hoffman - Miles Franklin |
| How To Win The “War On Gold” |
| Oh, the tangled web we weave, when we seek to deceive. And sometimes, when we actually want to help – particularly when referring to vote-seeking politicians.
Case in point, OPEC – which yesterday, pulled off the lie to end all lies in pretending to “cut production,” prompting the “oil PPT”-aided “market reaction it sought. Thus, enabling it to kick the can a few more months – or perhaps, weeks – before the reality of history’s most oversupplied crude oil market inevitably smashes its elaboratFriday, December 2, 2016 |
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| Bullion Vault |
| Gold Bullion Loses $10 Pop 3rd Day Running as Oil Jumps 8 on Opec 'Agreement' |
| GOLD BULLION again gave back a $10 overnight pop on Wednesday in London, falling back to last week's finishing level at $1183 per ounce for the third session running as world stock markets rose and oil prices jumped on rumors of an Opec output cut.
Western government bond prices slipped, driving
10-year US Treasury yields back above 2.34% to extend their third fastest month-on-month rise of the last decade following Donald Trump's vWednesday, November 30, 2016 |
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| Mark O'Byrne - gold.ie |
| RBS Fail Bank of England Stress Test |
| Ulster Bank Parent RBS Fails Bank of England Stress Test
“Royal Bank of Scotland (RBS)(RBS.L) will cut costs and sell assets to boost capital levels, it said on Wednesday after failing this year’s Bank of England stress test, which warned of a “challenging” outlook for Britain’s financial system.
The state-backed lender rushed out a statement following the announcement to say it would take a range of actions, including selling off bad loans and cutting costs to make up the capital shortfall idenWednesday, November 30, 2016 |
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| Sprott Money |
| Don’t Sweat The Election. The Next Crisis Is Already Baked Into The Cake - John Rubino |
| Friday was one of those days where you walk away from the screen for a
minute and come back to find a completely different market. All it took
was the FBI finding a trove of new Clinton emails, thus breathing new
life into the Trump campaign and throwing what was a foregone conclusion
back into doubt. Stocks tanked and gold popped, illustrating Wall
Street’s preference in the upcoming election.
It will be this way until the vote, especially if polls continue to
tighten and the outcome remaTuesday, November 1, 2016 |
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 | Chris Vermeulen - GoldandOilGuy |
| The Next Financial Crisis Will Come from Europe! |
| A financial system stability assessment report, from the International Monetary
Fund (IMF), on one bank in Europe identified Deutsche Bank AG (NYSE: DB), as
the TOP bank that poses the greatest systemic risk to the global financial
system. Systemic risk was identified as a major contributing factor in the
'financial crisis' of 2008. This is essentially the risk of contagion by the
failure of one firm leading to failures throughout its' industry.
On February
24th I talked about DB (Wednesday, October 5, 2016 |
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| USA GOLD - USA Gold |
| Fed will seek more capital from largest U.S. banks: Tarullo |
| 26-Sep (Reuters) — The Federal Reserve will seek significantly more capital from the largest U.S. banks and give some relief to smaller banks as it considers reforms to its annual ‘stress test,’ Fed Governor Daniel Tarullo said on Monday.
The reforms will include a new capital ‘buffer’ to better protect the financial system from a shock at the nation’s largest lenders like JPMorgan Chase, Bank of America and Wells Fargo.
“In pulling this package of modifications together, we have consciously shaMonday, September 26, 2016 |
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 | Clif Droke |
| Will Deutsche Bank collapse the global market |
| The past year has seen its fair share of worries. From the China slowdown to the Brexit, successive waves of overseas fear have rolled onto our shores since 2015, yet none of them were the Tsunamis the bears had predicted. The latest foreign fear concerns the possibility for a global credit crisis led by the collapse of a major international bank. A simplified summary of this scenario goes something like this: Deutsche Bank is on the brink of bankruptcy and its insolvency could spark a systemThursday, September 8, 2016 |
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| Andy Hoffman - Miles Franklin |
| Will the “End Game” Commence September 30th |
| Last week, “Admiral Sprott” was asked what the Precious Metal bull market was like in 2000-11. He replied that it was as painstaking as today, with the Cartel seemingly “winning” more days than it lost. Having been fully invested in the sector since mid-2002, I concur 100% – as even during the “best of times,” it was sheer torture. Of course, until 2008, my portfolio was entirely comprised of highly volatile mining shares – largely, exploration and/or development companies – so the stresses oThursday, August 11, 2016 |
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 | Egon von Greyerz - Matterhorn AM |
 Will the Dow go up 100 and Gold 5,000 |
| Welcome to the wonderful world of illusions. This is a world where few people can see the difference between reality and fantasy. And maybe there is no difference. Just looking at the US election and the candidates, it seems like total fantasy from this side of the Atlantic. It is difficult to take the whole election process as well as the candidates seriously. But this is the world we live in today. Having in the last week seen people in many European countries run around the countryside and ciWednesday, August 10, 2016 |
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 | Wolf Richter |
| Who’s Raking in the Money off the Italian Banking Crisis |
| The biggest on Wall Street.
Bank bailouts are a big profitable business. And the collapsing Italian bank Monte dei Paschi di Siena – whose stock is nearly worthless (€0.25), and which was “rescued” twice by investors since 2014, and which now must get an even larger “rescue” or else – has turned into fee nirvana for investment banks, particularly JP Morgan.
Monte dei Paschi was the worst performer in the EBA’s stress test. Under the adverse scenario, its Tier 1 capital ratio plunged into the negTuesday, August 9, 2016 |
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| Mark O'Byrne - gold.ie |
| Irish Banks Most Vulnerable In Stress Tests – Banking Contagion In EU Cometh |
| – Irish banks vulnerable in stress tests: AIB/ BofI amongst worst 5 banks in EU – Ulster Bank’s parent Royal Bank of Scotland emerged as 2nd worst bank – AIB, Banca MPS especially vulnerable & ‘failed’ in adverse scenario (see table) – Impairment of financial assets was the largest negative contributor to results – Bad loans continue to pose risks to Irish financial system – Diversification of deposits & allocation to gold prudent for individuals & companies – Experts advise diversifying into goMonday, August 8, 2016 |
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 | Mish - Global Economic Analysis |
| European Banking System on Verge of Collapse; Market Votes “No Confidence” in Italian Bank Rescue |
| European bank shares are down for the second day following a last minute bailout package aimed at Italian banks one day before a stress test showed Monte dei Paschi would be insolvent in an adverse scenario.
The ECB’s stress tests published on Friday showed Monte dei Paschi has a huge capital shortfall, with the bank’s Common Equity Tier 1 (CET1) ratio of negative 2.44 percent.
Forget the adverse scenario bit, Monte dei Paschi, Italy’s third largest bank and oldest bank in the world is insolventWednesday, August 3, 2016 |
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| Bullion Vault |
| Gold Silver Gain as Stocks Bonds Drop, JGBs Make 'Bazooka' Move, Euro Banks 'Brutal' |
| GOLD and SILVER prices rose as Asian and European stockmarkets fell on Tuesday, with gold touching 3-week highs at $1360 per ounce as major government bond prices also fell, driving borrowing yields higher from their recent new record lows.
The Reserve Bank of Australia today cut it main interest rate to a new all-time low of 1.50%.
Futures markets in the US closed Monday putting the odds of Tuesday, August 2, 2016 |
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| Andy Hoffman - Miles Franklin |
| First Central Banks Die, Now Government Statisticians. Next Up, the Gold Cartel |
| As if Hillary didn’t have enough “going for her” – assuming her goal is the biggest landslide defeat in U.S. history – the Democratic Party just admitted its server was hacked, setting the stage for additional “smoking gun” revelations. Worse yet, a list of (likely, just a small part of) her planned tax hikes is now public, of roughly $1 trillion over 10 years. Including a huge increase in income taxes; a “fairness tax” on the rich; and a big increase in the death tax. And that doesn’t even iSaturday, July 30, 2016 |
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| Andy Hoffman - Miles Franklin |
| Clueless Bank of Japan Exemplifies the Awe Inspiring, Irreversibly Destructive Power of the Printing Press |
| It’s Friday morning, and the astounding long, massively broad list of “PM-bullish, everything-else-bearish” headlines since Wednesday afternoon’s post-FOMC Audioblog is incredible to behold. Which is why it’s never been more obvious that Precious Metals are the imploding fiat Ponzi’s “canary in the coal mine”; “Achilles’ Heel”; and all other similar analogies, metaphors, and comparisons combined. Or, for that matter, the “enemy” of all financial markets – which since 2011 in the West, and 2015Friday, July 29, 2016 |
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