Articles related to 1971
 
Steve St Angelo - SRSRocco Report
THE DISINFORMATION WAR: The Attempt To Disregard Silver Investor Demand In The Market
There is a Disinformation War taking place in the silver market as certain industry analysis is confusing individuals by purposely disregarding the tremendous impact of rising investment demand.  Not only do I find this troubling, but I am also quite surprised how much the silver industry pays attention to this faulty analysis.  So, it’s time once again to set the record straight.Setting the record straight has now become a new mission for me at the SRSrocco Report because the amount of disinfor
Friday, December 8, 2017
Gary Christenson - Sprott Money
Rig For Stormy Weather - Gary Christenson
What storm? The Dow Jones Industrial Average (DOW) reached another all-time high. Interest rates in the U.S. are yielding multi-decade lows, some say multi-century lows. Trillions of dollars in global sovereign debt have negative yield and European junk bonds yield less than 10 year U.S. treasuries. “Official” unemployment is low. Borrowing is inexpensive. Things are good, so they say! I Doubt It! Do you believe the above is a fair and accurate representation of our economic world? If so,
Thursday, December 7, 2017
Eric de Carbonnel - Market Skeptics
  Gold Wars 
By the beginning of the 1960s, the $US 35 = 1 oz. Gold ratio was becoming more and more difficult to sustain. Gold demand was rising and U.S. Gold reserves were falling
Thursday, November 30, 2017
Gary Christenson - Sprott Money
Rob From The Middle Class Economics - Gary Christenson
Much of our financial world functions as a “Rob from the Middle Class” economy. The system robs from the middle class and poor via “money printing” and inflation of the currency supply! The rich get richer and the poor get poorer. Little benefit comes from complaining about the process or fighting it. Understand the process, work around it, and use it constructively. Explaining Our Rob from the Middle Class Economy: Governments, individuals, pension funds and corporations are increasingly
Saturday, November 25, 2017
Sprott Money
Rob From The Middle Class Economics - Gary Christenson
Much of our financial world functions as a “Rob from the Middle Class” economy. The system robs from the middle class and poor via “money printing” and inflation of the currency supply! The rich get richer and the poor get poorer. Little benefit comes from complaining about the process or fighting it. Understand the process, work around it, and use it constructively. Explaining Our Rob from the Middle Class Economy: Governments, individuals, pension funds and corporations are increasingly
Saturday, November 25, 2017
Jan Skoyles - GoldCore
Buy Gold As Fed Shows Uncertainty And Concern Over Financial ‘Imbalances’
– FOMC minutes show uncertainty and concern about markets are affecting officials’ decision-making – Officials were cautious when evaluating market conditions and the ‘damaging effects on the economy’ – Worry about ‘potential buildup of financial imbalances’ and a sharp reversal in asset prices’ – Members seem oblivious to impact of inflation on households and savings – Physical gold and silver remain the only assets for real diversification and safety After nearly a decade of pumping up the US
Friday, November 24, 2017
Jan Skoyles - GoldCore
Gold Versus Bitcoin: The Pro-Gold Argument Takes Shape
– Gold versus Bitcoin: The pro-gold argument takes shape – Why cryptocurrencies will not replace gold as a store of value – Similarities between crypto and gold but that does not make them substitutes – Gold remains a highly liquid market, cryptocurrencies continue to be fragmented and difficult to spend – Bitcoin does not make it an effective hedge against stocks This weekend saw bitcoin shoot up over $8,000 and Bloomberg covered how some preppers were turning to bitcoin over gold. Does this m
Tuesday, November 21, 2017
Andy Hoffman - Miles Franklin
10 Year Patterns in Stocks, Gold and Crude
The MONTHLY S&P 500 Index The dashed green arrows are 10 years long.  Peaks indicated are in 1987, 2007, and potentially 2017. The pause in 1997 was not a top because the market rally extended into early 2000. The current peak in 2017 could also extend, but valuation and timing indicators show high risk. The second warning from this chart is shown by the red support lines.  When the monthly RSI (timing indicator at bottom of graph) exceeds 70 and prices fall below the red support line, expect a
Tuesday, November 21, 2017
Keith Weiner - Monetary Metals
Inflation and Counterfeit Credit
Let’s take a look at an often-repeated idea that is popular in the gold and alternative investing communities. The government possesses a printing press. Therefore, it will never default. It will just inflate its way out of the debt. It will devalue the dollar. The government does not set the value of the dollar. And it has no mechanism to set it. So, logically, it has no mechanism to reset it. It cannot devalue it. In the same way, you cannot lower yourself down by your bootstraps since you are
Monday, November 20, 2017
Nathan Lewis - New World Economics
Why Base Your Money On Gold? A Simple Answer For First-Timers
The United States embraced the principle of a gold standard – a dollar whose value was linked to a defined quantity of gold – from 1789 to 1971, a stretch of 182 years. During this time, the U.S. was the most successful of any major country, expanding from thirteen war-ravaged states along the Atlantic
Saturday, November 18, 2017
Mike Maloney - Goldsilver
  Common Gold Silver Pitfalls to Avoid 
Investing in gold and silver may seem simple and straightforward, however it is not. There are many types of ( quote, unquote ) "investments" in gold and silver you will want to avoid. Gold and silver dealers are no different from any other industry or crowd of people. Within our industry you will find many good honest professionals and organizations, but you will also find some bad outfits whose practices can be described as underhanded, even criminal. Being the Managing Director of
Saturday, November 18, 2017
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 internatio
Saturday, November 18, 2017
Nathan Lewis - New World Economics
Total Return of Stocks, Bonds, Gold, 1871-2015
Today, we are looking at the total return of stocks, bonds and gold, from 1871 to 2015. The source of the data is here: http://www.econ.yale.edu/~shiller/data.htm I calculated the total return this way: stocks: index return plus 1/12th of dividend each month bonds: “long term” bond yield, compounded monthly gold: price in dollars This is not a very good way of calculating a bond index. There is no provision for the market price of bonds, among other issues. But, it should be good enough for a ro
Sunday, November 12, 2017
Dave Kranzler - Sprott Money
Gold And Silver: Something Different Is Occurring - Dave Kranzler
JP Morgan, at least according to the daily Comex warehouse report, added over half a million ozs of silver to its “historic” stash of silver at the Comex: TF Metals Report. It would be even more interesting to see an actual independent accounting of that specific metal which would track the serial numbers on the bars to the legal owner of title. I’ve been hedged in my mining stock portfolio since early September. The signal for me to hedge is the reliable Comex bank “net short” posi
Saturday, November 11, 2017
Gary Christenson - Sprott Money
Gold, Bubbles, SP 500, and Currency Wars - Gary Christenson
From John Rubino: “We’ll Look Back At This And Cringe” “Millions of people out there still bear the psychic scars of buying gold at $800/oz in 1980 or a tech stock at 1,000 times earnings in 1999 or a Miami condo for $1,000 per square foot in 2006. Today’s bubble will leave some similar marks. But where those previous bubbles were narrowly focused on a single asset class, this one is so broad-based that the hangover is likely to be epic in both scope and cumulative embarrassment.” BU
Thursday, November 9, 2017
Adam Hamilton - Zealllc
Gold Stocks’ Winter Rally 2
The gold miners’ stocks have largely ground sideways this year, consolidating their massive 2016 gains.  That lackluster trading action, along with vexing underperformance relative to gold, has left gold stocks deeply out of favor.  But these uninspiring technicals and resulting bearish sentiment should soon shift.  The gold stocks are just now entering their strongest seasonal rally of the year, the super-bullish winter rally. Gold-stock performance is highly
Saturday, November 4, 2017
Phoenix Capital - Gains Pains & Capital
BREAKING: China - World's Largest Gold Producer Mine Supply Plummets 10
The world's top gold producer saw its mine supply plummet by 10% in the first half of 2017.  According to the GFMS World Gold Survey newest update, China's gold production in 1H 2017 fell the most in over a decade.  The fall in Chinese gold production is quite significant as the country will have to increase its imports to make up the shortfall in its mine supply The data in the GFMS 2017 Q3 Gold Survey Update & Outlook reported that Chinese gold mine supply declined 23 m
Friday, November 3, 2017
Hugo Salinas Price - Plata.com
  'Lord, What Fools These Mortals Be...' 
Money, in its highest manifestation, is gold. However, silver can also be money, though not as aptly as gold. Money is, has always been, and always will be a commodity. Bitcoins, as well as Dollars and all other currencies today, are not and cannot be money, because they are not commodities. In trade, all commodities exhibit what is called a "declining marginal utility", with one notable exception. Carl Menger (1840-1921, Vienna) illustrated the phenomenon of declining marginal utility by th
Thursday, November 2, 2017
Andy Hoffman - Miles Franklin
Gold, Biker Wisdom and Dollar Devaluation
A common expression among bikers who love to ride is, “It’s not the destination, it’s the journey.” TS Elliott and others made similar statements nearly a century ago. How Does This Apply to Gold and Dollar Devaluation? Some adults understand: Voltaire said over 200 years ago, “Paper money eventually returns to its intrinsic value – zero.” The value of the U.S. dollar has declined from about 1/40 of an ounce of gold to its current level of about 1/1300 ounce of gold since 1971. Because central
Monday, October 30, 2017
Nathan Lewis - New World Economics
James Ledbetter Wants To Convince You That Gold Is Folly, Superstition And Madness
(This item originally appeared at Forbes.com on October 26, 2017.) https://www.forbes.com/sites/nathanlewis/2017/10/26/james-ledbetter-wants-to-convince-you-that-gold-is-folly-superstition-and-madness/#2d1a786f5785   The purpose of James Ledbetter’s new book, One Nation Under Gold (2017) is to convince you that anything to do with gold – especially basing your money on it – is folly, superstition, mania, obsession, and madness. We know this because he tells us so, in the introduction: Fixing ou
Monday, October 30, 2017
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