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| Mickey Fulp - Mercenary Geologist |
The Never-Ending Wars of the United States of America |
A Monday Morning Musing from Mickey the Mercenary Geologist"War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives. A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small 'inside' group knows what it is about. It is conducted for the benefiMonday, November 23, 2020 |
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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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| Hugo Salinas Price - Plata.com |
Silver and the Great Future of Mexico |
Lecture of the author at the solemn ceremony of his appointment as Honorary Professor of Northwest Institute of Management of the Russian Presidential Academy.
Embassy of the Russian Federation
Mexico City
June 27, 2017.
Your Excellency, Ambassador Edward Malayan; Doctor Vladimir Shamakhov, Director of the Northwest Institute of Management of Russian Presidential Academy,members of the Honorable Diplomatic Corps here present, and esteemed audience:
I am greatly privileged to be with all ofTuesday, May 5, 2020 |
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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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| 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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| Chris Powell - GATA |
Germany's gold repatriation leader elected chairman of Bundestag's budget committee |
By Guy Chazan
Financial Times, London
Wednesday, January 31, 2018
An MP for the far-right Alternative for Germany has been elected chairman of the German Bundestag's powerful budget committee, in a significant coup for the populist party.
A fierce Eurosceptic who has criticised the eurozone bailouts and attacked Angela Merkel’s liberal refugee policy, Peter Boehringer once described Germany's Muslim population as "a great danger to our state."
Chairmanship of the budget committee, which has a Thursday, February 1, 2018 |
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| Nathan Lewis - New World Economics |
How Much Should Homes Cost (To Rent) |
Previously, we looked into how much homes should cost. Basically, we concluded that the cost of homes should be a function of construction costs, which are basically stable, profit and some other non-construction costs such as corporate overhead, and land costs. Since there is no particular shortage of land in any U.S. city today, there is no particular reason for very high land costs; and thus, no particular reason why homes should cost very much more than construction costs.
October 22, 2017: Sunday, January 21, 2018 |
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| Bullion Vault |
Gold Trading 'Calmer' as China's GDP Accelerates, UK Pound Jumps as Brexit Bill Passed |
GOLD TRADING in London saw wholesale prices rally from near 1-week lows versus the Dollar on Thursday as the US currency fell again after new data said growth in China's economy accelerated last year for the first time since 2010.
Gold prices popped $5 higher but failed to hold above $1330 per ounce as global equities extended yesterday's new all-time highs in New York's stock markets.
Beijing'sThursday, January 18, 2018 |
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| Jesse - Le Cafe Américain |
And Now Comes the Internet Censorship |
"A credibility trap is when the regulatory, political and/or informational functions of a society have been so compromised by a long term, generalcorruption that they cannot address any meaningful reform without implicating, at least incidentally, themselves. The status quo has at least tolerated the corruption and fraud, if not profited directly from it, and most likely continues to do so. The power brokers have become susceptible to various forms of blackmail. And so a failed policy is sustWednesday, January 10, 2018 |
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| Mac Slavo - ShtfPlan |
French President To CENSOR THE MEDIA By Making Certain News Illegal |
French President Emmanuel Macron says he will push a new law aimed at cracking down on alternative media and news that isn’t liberal. He invoked the term “fake news” saying he hopes to have the law in place by the end of the year.
Oh, the irony of guys like Macron thinking censorship is “freedom.” Speaking at a news conference at the Elysee Palace in Paris on Wednesday, Macron said such a law was essential, especially during elections. Sure. We can’t be having people pointing out that Macron isFriday, January 5, 2018 |
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| Mark O'Byrne - gold.ie |
‘Gold Strengthens Public Confidence In The Central Bank’ – Bundesbank |
– ‘Availability of gold strengthens public confidence in the central bank’s balance sheet’ say Bundesbank
– Bundesbank has Audited Reserves amounting to almost 3,400 tonnes, around 68% of Bundesbank’s reserve assets
– Bank taken series of steps to increase transparency around Germany’s gold holdings
– Germany has second largest gold holdings in the world; U.S. believed to be largest
– Transparency important and all central banks should follow the Bundesbank lead
Editor: Mark O’Byrne
Germany’s cSunday, December 31, 2017 |
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| Richard Mills - Ahead of the Herd |
Imaginations of the Misguided |
aheadoftheherd.com
The end of the world as we know it
It’s Christmas 2017 and North Korean Dear Leader Kim Jong-un is facing a crisis. Recently the United States, with UN approval, imposed the harshest round of economic sanctions yet on his reclusive regime.
While North Korea has been sanctioned since 2006 due to continuing attempts to develop nuclear weapons, this new provocation by its sworn nemesis is the last straw for Kim, who feels the great legacies of his father and grandfather, Kim Friday, December 29, 2017 |
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| Graham Summer - Gains Pains & Capital |
‘Gold Strengthens Public Confidence In The Central Bank’ – Bundesbank |
‘Gold Strengthens Public Confidence In The Central Bank’ – Bundesbank
- 'Availability of gold strengthens public confidence in the central bank’s balance sheet' say Bundesbank- Bundesbank has Audited Reserves amounting to almost 3,400 tonnes, around 68% of Bundesbank’s reserve assets- Bank taken series of steps to increase transparency around Germany’s gold holdings- Germany has second largest gold holdings in the world; U.S. believed to be largest- Transparency important and all central banks Tuesday, December 19, 2017 |
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| Alasdair Macleod - Finance and Eco. |
Europe, Brexit and the credit cycle |
Europe’s financial and systemic troubles have retreated from the headlines. This is partly due to the financial media’s attention switching to President Trump and the US budget negotiations, partly due to Brexit and the preoccupation with Britain’s problems, and partly due to evidence of economic recovery in the Eurozone, at long last. And finally, anyone who can put digit to computer key has been absorbed by the cryptocurrency phenomenon.Just because commentary is focused elsewhere does not meaFriday, December 15, 2017 |
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| Jan Skoyles - GoldCore |
Brexit Budget – Grim Outlook As UK Economy Downgraded |
– Brexit budget – Grim outlook as UK economic forecasts downgrade
– UK Chancellor uses housing market policy as smoke-screen for deteriorating economy
– UK budget matters more than ever due to BREXIT risks
– Policy on stamp duty will fail to aid worsening housing market
– Real GDP expected to grow by just 1.5%, 40% less than projections 2 years ago
– Households now face an unprecedented 17 years of stagnation in earnings
– Critics claim Budget failed to calm Brexit uncertainty
– UK and especiallThursday, November 23, 2017 |
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| Peter McKenzie-Brown - Language Instinct |
Hemingway's The Sun Also Rises |
Ernest
Hemingway (1899-1961); The Sun Also Rises,
1926
Hemingway began his career as a writer in a newspaper office
in Kansas City at the age of seventeen. After the United States entered the
First World War, he joined a volunteer ambulance unit in the Italian army served
at the front and was wounded and spent considerable time in hospitals. After
his return to the United States, he became a reporter for The Toronto Star,
which sent him back to Europe to cover such events as the Greek RevolutTuesday, November 21, 2017 |
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| Adrian Ash - Bullion Vault |
Brexit, Gold and Harold Wilson's 'Pound in Your Pocket', 50 Years On |
How the 1967 devaluation of Sterling killed the Gold Standard...
THIS WEEKEND will mark 50 years since Harold Wilson's infamous devaluation of Sterling,
writes Adrian Ash at BullionVault.
Hoping to cut the trade deficit by making imports dearer and exports cheaper, the Labour prime minister claimed that the "Pound in your pocket" hadn't been devalued, only its internatioSaturday, November 18, 2017 |
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| Chris Powell - GATA |
Bitcoin is the new crisis currency |
About a third of the customers queuing at La Maison du Bitcoin's teller windows in Paris aren't speculating on the value of the cryptocurrency. They're sending digital money home to Africa.
“In many countries in Africa, there are far more cellphones than bank accounts,” said Manuel Valente, co-founder of La Maison. “For bitcoin, all you need is a phone.”
Zimbabwe, where the price of bitcoin spiked to double the international rate after this week's military takeover, shows Jamie Dimon, Axel WeberFriday, November 17, 2017 |
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| Chris Powell - GATA |
Shilling for Bundesbank, FT avoids key questions about gold |
Yesterday the Financial Times continued its campaign to persuade the world that nothing deceptive is going on in the gold sector, publishing a long article lauding the German Bundesbank and its board member, Carl-Ludwig Thiele, for flawlessly arranging the repatriation of some of the central bank's gold from London, Paris, and New York.
At least the article, appended here, quotes the founder of Germany's "Repatriate Our Gold" campaign, Peter Boehringer, who just has been elected to the country'sTuesday, November 14, 2017 |
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