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| Frank Shostak |
Why It's Important to Define Money Correctly |
Most economists hold that, since the early 1980s, correlations between various definitions of money and national income have broken down. The reason for this breakdown, it is held, is that financial deregulation has made the demand for money unstable. As a result it is held the usefulness of money as a predictor of economic events has significantly diminished.To fix the instability of the demand for money, economists have introduced a gauge of the money supply known as the Divisia monetary indicSunday, November 15, 2020 |
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| Steve Saville - Speculative Investor |
Don’t think like a lawyer |
The job of a judge or juror is to impartially weigh the evidence and arguments put forward by both sides in an effort to determine which side has the stronger case. The job of a lawyer is to argue for one side, regardless of whether that side happens to be right or wrong. As a speculator it is important to think like a judge or a juror, not a lawyer.
Unlike a lawyer, a speculator can change sides ‘mid-stream’ if necessary to keep himself on the side favoured by the current evidence. There is noTuesday, June 23, 2020 |
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| Alasdair Macleod - Finance and Eco. |
Understanding money and prices |
This article explains the money side of prices, and why government currencies, unbacked by gold, are doomed to collapse. And why gold, which is the sound money chosen by markets throughout history, will retain or increase its purchasing power measured in the goods it buys over the coming years.Very few people have a full understanding of the relationship between money and goods. This is the relationship that sets prices. Yet, without that understanding, central banks will almost certainly fail iWednesday, June 3, 2020 |
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| Mark O'Byrne - gold.ie |
Stock Market Selloff Showed Gold Can Reduce Portfolio Risk |
– Recent stock market selloff showed gold can deliver returns and reduce portfolio risk– Gold’s performance during stock market selloff was consistent with historical behaviour– Gold up nearly 10% in last year but performance during recent selloff was short-lived– The stronger the market pullback, the stronger gold’s rally– WGC: ‘a good time for investors to consider including or adding gold as a strategic component to their portfolios.’– Gold remains one of the best assets outperforming treasurTuesday, March 13, 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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| Mark O'Byrne - gold.ie |
Digital Gold Provide the Benefits Of Physical Gold |
– Will digital gold provide the benefits of physical gold?– Digital gold and crypto gold products claim to combine efficiencies of blockchain with value of gold– They are yet to provide the same benefits or safety as owning physical gold– National mints jumping in on the ‘sexy blockchain’ act – BOE declares bitcoin ‘not a currency;’ Royal Mint launches blockchain gold product– Digital gold, blockchain gold and crypto gold is frequently not fully backed, unallocated, pooled and unsecured gold hoMonday, February 26, 2018 |
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| Theodore Butler - Butler Research |
No Manipulation, After All |
In the never-ending search to either verify or rebut one’s own findings, I’d like you to consider something different today. I’m going to ask you to set aside my highly specific allegations of wrong-doing in the silver and gold markets, mostly centering on JPMorgan, and focus instead on whether if what I allege is really wrong or even matters much. Even though my allegations are based upon data published by the CFTC and CME Group, I would ask you to put that aside and consider that I may have beThursday, February 15, 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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| Wolf Richter |
Crypto Crackdown: Bitcoin is a “Combination of Bubble, Ponzi Scheme, Environmental Disaster” |
“If authorities do not act preemptively, cryptocurrencies could become more interconnected with the main financial system and become a threat to financial stability.”
The official crackdown on the entire cryptocurrency space got a new and broader framework from Agustín Carstens, General Manager of the Bank for International Settlements (BIS) and former governor of the Bank of Mexico. In a lecture in Frankfurt on Tuesday, he let fly some real zingers interspersed with indications of what is to coThursday, February 8, 2018 |
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| James Howard Kunstler |
A Quandary |
It is the super-duper quandary of the moment: choose between the oafish, charmless, and possibly not-so-stable-genius Leader-of-the-Free-World… and a security state that will do whatever it takes to get rid of him, for instance, engineering a nationwide hysteria over Russia.
Has anyone else noticed how odd it is that the so-called “Resistance” has all along included the state security apparatus in its every sordid iteration — the CIA, the NSA, the FBI, and God knows how many others among the touMonday, February 5, 2018 |
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| Alasdair Macleod - Finance and Eco. |
Unsound money is crucifying pensions |
Deficits are mounting in pension obligations. It is a global problem over which pension trustees are helpless. It is also a problem that’s brushed under the carpet, with prospective and current pensioners generally unaware of the threat to their retirement. Investors in companies with defined benefit schemes, schemes which promise an inflation-adjusted entitlement based on final salary, generally ignore this important issue, as do most stock market analysts. Analysts know the deficits are there,Thursday, January 25, 2018 |
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| Mish - Global Economic Analysis |
Reflections On "Pushing the Wrong Button" and US Drone Policy |
A “ballistic missile threat inbound to Hawaii” notification was caused by an employee who "pushed the wrong button."
Wrong Button
ABC News reports an [emergency alert notification] (http://wnep.com/2018/01/13/wrong-button-pushed-during-shift-change-blamed-for-false-hawaii-missile-alert/) sent out on Saturday claiming a “ballistic missile threat inbound to Hawaii” was a false alarm caused by an employee pressing the “wrong button” during a shift change, according to Hawaii Gov. David Ige.
‘WrongThursday, January 18, 2018 |
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| Adrian Ash - Bullion Vault |
2018: The Wrong Lesson on Gold Investing |
Gold investing can wait 'til the crash. Right...?
SO EVERYONE thinks the stock market is about to pull back or even crash, but no one is doing a damn thing about it,
writes Adrian Ash at BullionVault.
"Many clients we meet are fully invested bears," reports ever-bearish strategist Albert Edwards at SocGen, "nervously looking over their shoulder for signals of the next 'GSaturday, January 13, 2018 |
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| Jesse - Le Cafe Américain |
How Far Are the Exceptional Fallen |
"Neither the wisest constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt. He therefore is the truest friend to the liberty of his country who tries most to promote its virtue, and who, so far as his power and influence extend, will not suffer a man to be chosen into any office of power and trust who is not a wise and virtuous man.
We must not conclude merely upon a man's haranguing upon liberty, and using the charming sound, tWednesday, January 3, 2018 |
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| Andy Hoffman - Miles Franklin |
Part 3 Sleaze, Various Other Truth Bombs |
We scratched the surface on Government, finance, politics and the rule of law so far. Today, let’s take a look at sleaze and fraud. The sleaze part is not just “sensational”. It is important because in many cases it crosses any decent person’s red line and should piss anyone off who reads it or discovers it.
The first part is certainly not all inclusive but is wide ranging. That said, 2018 looks to be shaping up as barn burner for the arrests of child molesters and human traffickers. NoSaturday, December 30, 2017 |
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| Andy Hoffman - Miles Franklin |
Part 2, Politics and the Rule of Law |
In this section we will look at “politics and the rule of law” (or the lack of). If you remember, WikiLeaks dumped all sorts of information from the second half of 2016 on. Much of the information was gleaned from John Podesta’s personal e-mail account …and none of it has ever been claimed to be fake e-mails so we can assume they are true. In fact, the reaction to the information (e-mail) dump was to point fingers at “who stole” them and the “illegality” of obtaining them. Never mind “what” the Thursday, December 28, 2017 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Fed Unwinds, Gold Market Yawns |
In October, the Federal Reserve started the unwinding of its massive balance sheet. According to the addendum to the Policy Normalization Principles and Plans revealed in June 2017, Fed officials wanted to reduce the size of its security portfolio by $10 billion in October ($6 billion in Treasuries and $4 billion in the mortgage-backed assets). Let’s analyze whether this is really what happened, how the so-called quantitative tightening has influenced the financial markets so far, and what the FFriday, December 22, 2017 |
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| George F. Smith - Barbarous Relic |
The dangerous dream of secession |
A fundamental requirement for lasting peace and prosperity is to reject government by coercive monopolies such as we have had for all of human history.How anyone can expect a government invested with a monopoly on violence to restrain itself from bullying people whenever it can get away with it is difficult to understand.Most people apparently refuse to explore alternatives to statism and hope their particular government doesn’t go the way of Zimbabwe or Venezuela — or Nazi Germany or Soviet RusSunday, December 17, 2017 |
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| Bullion Vault |
Gold Bars Rally 1.8 from Pre-Fed Low as Bitcoin 'Masks Equity Bubble' |
GOLD BARS rose above 1-week highs against most major currencies in London trade Friday, extending their recovery from this week's multi-month lows as world stock markets slipped for a second day from new all-time highs.
Bond yields eased back as debt prices rose with commodity costs.
Popping to $1260 per ounce as the start of New York business approached, the price of large gold bars traded 1.9%Friday, December 15, 2017 |
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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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