Articles related to Austria
 
Mike Hewitt - Dollar Daze
  Hyperinflation around the Globe 
Angola (1991-1999) Angola went through the worst inflation from 1991 to 1995. In early 1991, the highest denomination was 50,000 kwanzas. By 1994, it was 500,000 kwanzas. In the 1995 currency reform, 1 kwanza reajustado was exchanged for 1,000 kwanzas. The highest denomination in 1995 was 5,000,000 kwanzas reajustados. In the 1999 currency reform, 1 new kwanza was exchanged for 1,000,000 kwanzas reajustados. The overall impact of hyperinflation: 1 new kwanza = 1,000,000,000 pre-1991 kwanzas.
Monday, April 23, 2018
Mark O'Byrne - gold.ie
A beginner's guide to investing in Gold 
One’s motivation for buying gold is fundamental to deciding in which form you should buy it. Are you a speculator, investor or saver? Do you wish to take a short term speculative position in gold? Are you investing for the short, medium or long term? Or are you diversifying, saving or using gold as a form of financial insurance?
Tuesday, March 20, 2018
Mark O'Byrne - gold.ie
Hungary’s Gold Repatriation Adds To Growing Protest Against US Dollar Hegemony
– Hungarian National Bank (MNB) to repatriate 100,000 ounces gold from Bank of England– Follows trend of Netherlands, Germany, Austria and Belgium each looking to bring gold back to home soil– Hungary one of the smallest gold owners amongst central banks, with just 5 tonnes– Central bank gold purchases continue to be major drivers of gold market– Russian central bank gold reserves now exceed those of China– Decisions to repatriate and increase gold reserves come as rifts between East and West wi
Wednesday, March 14, 2018
Chris Powell - GATA
Hungary's central bank to repatriate its 3 tonnes of gold from London
* * * From Hungary Today, Budapest Tuesday, March 6, 2018 http://hungarytoday.hu/news/hungarian-national-bank-decided-bring-gold-r... The leadership of the Hungarian National Bank has decided to bring back home Hungary's gold reserves. Up to now, 100,000 ounces (3 tonnes) of the precious metal were stored in London, which is in total worth some 33 billion forint ($130 million) at current gold prices. The decision seems to be in line with international trends as storage of gold reserves out of th
Tuesday, March 13, 2018
Chris Powell - GATA
Monetary Metals' Weiner refuses to see anything wrong in the gold market
These days there aren't many denials of gold market manipulation by governments and central banks. As the documentation has piled up, most of the former deniers have fallen silent or struck the pose of 321Gold's Bob Moriarty, who these days writes that all markets are manipulated and everyone should just get over it, as if the identity of the manipulators, their capacity for manipulation, and the degree of their manipulation are of no practical or moral concern. But Keith Weiner of Monetary M
Tuesday, March 13, 2018
David Morgan - Silver Investor
  Chapter 3: Physical Silver – To Buy or Not 
Many believe gold is the only asset that isn't someone else's liability, but in our latest installation of the "Guide to Silver Investing," David Morgan argues that not only does physical silver serve the same purpose, it is more liquid. Read on. . .
Tuesday, March 6, 2018
Egon von Greyerz - Matterhorn AM
SOCIALISM – A GUARANTEED ROUTE TO HYPERINFLATION
Gold is hated by governments around the world because it reveals their deceitful actions in totally destroying the economy. It is not an accident that gold is the only money which has survived for 6,000 years. Gold is the only money that tells the truth. And gold is nature’s money which means it cannot be destroyed and it cannot be manufactured. This is why governments cannot live with gold as money for more than short periods. Because over time governments always spend more than the country ear
Friday, March 2, 2018
Oilprice.com - oilprice.com
Why The Next Oil Boom Will Be Fueled By Blockchain
Big Oil is due for a disruption. The world’s most important industry has been carrying on without any significant changes in its day to day routine for far too long. But now, the new tech on the block has its sights set on the multi-trillion-dollar oil and gas sector. It’s official: Blockchain technology has infiltrated Big Oil. The hype behind blockchain has reached a full-blown frenzy. And for good reason. The technology, which creates secure ledgers for digital transactions and rapidly accele
Saturday, February 24, 2018
Ronan Manly - Bullion Star
US Gold Reserves, Of Immense Interest to Russia and China
Recently, Russian television network RT extensively quoted me in a series of articles about the US Government’s gold reserves. The RT articles, published on the RT.com website, were based on a series of questions RT put to me about various aspects of the official US gold reserves. These gold reserves are held by the US Treasury, mostly in the custody of the US Mint. The US Mint is a branch of the US Treasury. The first of these articles, published by RT on 30 December 2017, is titled “US gold of
Thursday, January 25, 2018
Mish - Global Economic Analysis
Saxo Bank's 10 "Outrageous Predictions" for 2018: Which are Likely
Every year, Saxo Bank makes 10 outrageous predictions for the new year. The ideas are meant to get people to think."Outrageous Prediction" Definition Saxo Bank points out their "Outrageous Predictions for 2018 "are not their actual forecasts. Rather, they are a list of supposed “1% likelihood” events that Saxo really feels should be considered as 10% likely or higher. In other words, they bring together a list of things that may happen, in an effort to get you to think. Overview Our suspicion i
Sunday, December 24, 2017
Mish - Global Economic Analysis
  EU Threatens Poland With Article 7, Loss of Voting Rights 
The EU is upset with Poland because it doesn't uphold "European Values". In response, the EU threatens Article 7. Background Article 2 of EU treaty demands countries in the EU Promote and Safeguard European Values Article 7 is a sanctions procedure that the EU can impose on countries the EU deems to have violated Article 2. Article 7 has never been used. Sanctions include removal of voting rights. Poland has irked the EU because of judicial reforms the EU does not agree with, and also becau
Monday, December 18, 2017
Alasdair Macleod - Finance and Eco.
Inflation v Deflation – State Finances
There is a general belief, and that is all it is, that state finances fare better in an inflationary environment than a deflationary one. This perception arises from the transfer of wealth from lenders to the state through a devaluation of the currency, which occurs with monetary inflation, compared with the transfer of wealth from the state to its creditors through deflation. The effect is undoubtedly true, even though it is played down by governments, but it ignores what happens to continuing
Friday, December 8, 2017
Jeff Clark - Goldsilver
Dow Peaking The Quick Guide to Diversifying Your Stock Profits
It’s been a heck of a run.The S&P has nearly quadrupled since its 2009 low. It currently ranks as the second-longest bull market in the last 140 years (top green bar).Just as important as recognizing the frothiness of the current market is the fact that the stock market has always fluctuated between bull and bear markets. No bull market lasts forever—that will include this one.Regardless of your personal outlook for the stock market, capturing some of your profits is only prudent given how long
Tuesday, November 21, 2017
Jan Skoyles - GoldCore
Is New Fed Chief A “Swamp Critter Extraordinaire”
– Is the New Fed Chief Jeremy Powell a “Swamp Critter Extraordinaire”? – Trump surrounding himself with elites disconnected from everyday society – Realities of America’s difficulties not recognised by US power makers – Powell will likely continue to protect Wall Street over Main Street – Savers should diversify to protect themselves from Fed’s ponzi policies Editor: Mark O’Byrne Just like many of his other campaign promises, Trump isn’t doing a great job of draining the swamp. His nominee for
Saturday, November 18, 2017
Przemyslaw Radomski CFA - SunshineProfits
Austria, Catalonia and Gold
On Sunday, there was an election in Austria, while on Monday, the Catalan leader failed to clarify the independence call. What do these events mean for the gold market? After parliamentary election held on Sunday, Austria turned right. The conservative Austrian People’s Party emerged as the largest party in the National Council with 31.4 percent of votes. The Freedom Party of Austria, which is a right-wing populist party, gained 27.4 percent, while the Social Democratic Party of Austria got 26.7
Thursday, October 19, 2017
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
Antal E. Fekete - Gold University
The New Austrian School of Economics 
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Saturday, September 30, 2017
Alasdair Macleod - Finance and Eco.
The fiat money quantity (FMQ) 
Summary : This paper seeks to establish a measure of currency quantity that helps economists identify and estimate the risk that confidence in fiat currencies might be significantly eroded or even vanish altogether. It is this phenomenon that was referred to in the great European currency inflations of the 1920s as Katastrophenhausse, or a crack-up boom, when ordinary people lose all confidence in a fiat currency, disposing of it as rapidly as possible instead preferring ownership of goods.This is
Saturday, September 30, 2017
Antal E. Fekete - Gold University
The Hungarian Connection
Gold is the most misunderstood metal in human history, because of the economists' failure to distinguish between its dynamic and static aspects in representing values. Economists have blithely assumed all along that the value of gold is the same whether it flows freely from one hand to the next, or whether the movement of gold is obstructed, in the worst case arrested, by the government (soon to be aped by banks and individuals
Saturday, September 23, 2017
Alan Leishman
  Fiat Money – Eastern Europe 
Most commentators on how Fiat money always reverts to its intrinsic value, (i.e. approaching the value of the paper it is printed on, or near zero), quote the german Papiermark, (observe the pictured 5 trillion bank note in this link) as a classic example of this phenomenon.
Tuesday, September 19, 2017
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