Articles related to Bankers
Egon von Greyerz - Matterhorn AM
There are probabilities in markets and there are certainties. It is very probable that investors will lose a major part of their assets held in stocks, bonds and property over the next 5-7 years. It is also probable that they will lose most of their money held in banks, either by bank failure or currency debasement. Who buys a bond that will go to Zero? What is not probable, but absolutely certain, is that investors who buy the new Austrian 100-year bond yielding 2.1% are going to lose all their
Saturday, September 23, 2017
Sprott Money
New Thinking and Different Actions - Gary Christenson
Hypothetical 65 year old American Male: Height: 5’10” Weight: 285 pounds – 120 # overweight Health: Marginal, with chronic pain and increasingly difficult daily existence Ask our hypothetical male if he wants to lose 100 # of unnecessary fat, improve his physical health, live 10 years longer, increase stamina, reduce chronic pain, and drive a golf ball 50 yards longer off the tee. Reason: He is addicted to his food choices, alcohol consumption, smoking, other activities, thinking and emo
Thursday, September 21, 2017
Jeff Clark - Goldsilver
  Top Ten Reasons I Buy Gold Silver [#7] - These Assets Come With a Guarantee
There are no guarantees when it comes to investing. But due to how our current monetary system is structured, and how central bankers will undoubtedly respond to the next crisis, gold and silver are guaranteed to benefit.And that is Mike Maloney’s Reason #7 why he buys gold and silver: they come with a central bank guarantee:It all centers around the constant erosion in the value of our currency. The Consumer Price Index (CPI), the government’s primary gage of inflation, has marched higher for t
Tuesday, September 19, 2017
Sprott Money
Poverty, Prosperity, and Precious Metals - Jeff Nielson
In the 20th century; by the end of the 1960’s, Western societies and especially Canada and the United States reached a level of prosperity never seen before – or since. Since the early 1970’s; the standard of living across the Western world has been in a relentless trajectory downward. An article from April 2012 noted that the standard of living in the United States had already fallen by more than 50% since its zenith. Since that time, the standard of living in the U.S. (and across the West) h
Sunday, September 17, 2017
Chris Powell - GATA
BIS gold swaps soar from zero to record high
* * * By Robert Lambourne Saturday, September 16, 2017 Disclosures in the August statement of account published by the Bank for International Settlements indicate that during August the bank increased substantially its use of gold swaps. An estimated 130 tonnes of new gold swaps were made last month, worth about $5.9 billion at the month-end gold price, and the total level of gold swaps at the end of August was close to 500 tonnes. This is the BIS' highest level of gold swaps recorded since th
Saturday, September 16, 2017
Jeff Clark - Goldsilver
Top Ten Reasons I Buy Gold Silver [#9] - What Comes After Trillion?
The Derivatives Bomb That Could Wipe Out Your WealthAs high and obscene as the US national debt is, it’s lint on your shirt compared to the size of derivatives.Derivatives have become so large, so complex, and with a truly unknown level of risk, that the first failure could ignite a chain reaction that wipes out the wealth of most investors.That’s reason #9 Mike Maloney says in his new video why he owns gold and silver: The current state of the global economy is so precarious that gold and silve
Saturday, September 16, 2017
Jeff Clark - Goldsilver
Top Ten Reasons I Buy Gold Silver [#10] - The One Word Every Fiat Currency Faces: WORTHLESS
You may not know how old your national currency is, or even know what the word “fiat” means, but the following pictorial will tell you what’s happened to all of them.No fiat currency has lasted forever. Eventually, they all fail.That’s the message from Mike Maloney in the first installment of his band new video series, The Top 10 Reasons I Buy Gold and Silver. We’re counting down his Reasons, and #10 is that “all the world’s currencies are fiat, and fiat currencies always fail.”The word “fiat” s
Friday, September 15, 2017
Mish - Global Economic Analysis
“Bad Options” Regarding 2 Inflation Targets (And Other Silly Notions)
The Wall Street Journal and Bloomberg both posted ridiculous articles regarding today regarding inflation. The former was on “bad options” the latter on “inflation expectations”. Let’s take a look at both articles because both represent widely believed nonsense. In Bad Options for Addressing Too-Low Inflation, Wall Street Journal writer Greg Ip says the Fed’s choice is to overheat the economy or give up its 2% target. Unemployment and inflation are near their lowest levels in decades. Who would
Friday, September 15, 2017
John Butler - Goldmoney
The Golden Revolution, Revisited: Chapter 10
This Insight continues the serial publication of the new, Revisited edition of my book, The Golden Revolution (John Wiley and Sons, 2012). (The first instalment can be found here.) The book is being published by Goldmoney and will also appear as a special series of Goldmoney Insights over the coming months. This instalment comprises the fifth chapter of Section II.View the Entire Research Piece as a PDF here.An Unstable Equilibrium“A Nash equilibrium is defined as a strategy combination with the
Wednesday, September 13, 2017
Chris Ciovacco - Ciovacco Capital Management
Is Improving Productivity Pushing Stocks Higher?
One Possible Explanation A common and logical question often posed by investors in recent months is: What is driving the stock market? One possible explanation was covered by BloombergView: “It’s the puzzle perplexing central bankers, investors and financial writers: How has the U.S. economy accelerated its expansion in recent months without a big drop in unemployment and with core inflation falling? The logical conclusion is that productivity growth has finally picked up, a development with b
Sunday, September 10, 2017
Jeff Clark - Goldsilver
What the Upcoming Wealth Transfer Will Look Like
With gold up 26% year-to-date and silver up 41%, and stock and bond markets looking increasingly precarious, it’s time to start thinking about the upcoming wealth transfer. If Mike is right about what’s ahead for gold and silver, we’ll soon be part of a life-changing shift. Have you thought about how the wealth transfer might affect you? Not like this you haven’t…You grab a calculator for the third time that day, multiplying your gold and silver ounces by the price of each… the total staggers yo
Saturday, September 9, 2017
Egon von Greyerz - Matterhorn AM
The coming gold and silver moves in the next few months will really surprise most investors as market volatility increases substantially. It seems right now that “All (is) quiet on the Western Front” as Erich-Maria Remarque wrote about WWI. Ten years after the Great Financial Crisis started and nine years after the Lehman collapse, it seems that the world is in better shape than ever. Stocks are at historical highs, interest rates at historical lows, house prices are booming again and consumers
Friday, September 8, 2017
Alasdair Macleod - Finance and Eco.
Further thoughts on Gibson’s paradox
“The paradox is one of the most completely established empirical facts in the whole field of quantitative economics.” – John Maynard Keynes“The Gibson paradox remains an empirical phenomenon without a theoretical explanation” -Friedman and Schwartz“No problem in economics has been more hotly debated.” - Irving FisherIntroductionTwo years ago, I found a satisfactory solution to Gibson’s paradox.i The paradox is important, because it demonstrated that between 1750-1930, interest rates in Britain c
Friday, September 8, 2017
Jason Hamlin - Gold Stock Bull
Gold Distributes Wealth, Central Bank Fiat Concentrates It
The fruits of increased productivity used to be distributed across society. Everyone benefited as the economy became more productive, new technologies emerged and new industries were born. Prosperity spread across society as jobs were created, poverty was reduced and a robust and thriving middle class emerged in America. Then came the 1970’s and something suddenly changed. Wages decoupled from productivity and workers no longer benefited from improvements in the economy. This trend has continued
Thursday, September 7, 2017
Michael Pento - Delta Global Advisors
D.C. Dysfunction and Central Bank Chaos 
On September 5th, the members of both houses of Congress of the United States will clean the beach sand from between their toes and return to work. Our public servants who occupy The House of Representatives have been working on their respective tans since July 29th. The Senate has had a little less time in the sun; they held their final vote on August 3rd despite their pledge to stay until August 11th. Hopefully, they got a lot of rest, because they have a lot to do upon their return. By the en
Tuesday, September 5, 2017
Frank Shostak
Does Government Spending Create More Economic Growth? 
After the 2007-2009 global financial crisis, fears of ballooning public debt and worries about the drag on economic growth pushed authorities in some countries to lower government spending, a tactic that economists now think may have slowed recovery. Note that in the United States the total debt to GDP ratio stood at 349 in Q1 this year.In a paper presented at the Kansas City Federal Reserve’s annual economic symposium on August 26 2017, Alan Auerbach and Yuriy Gorodnichenko from the University
Monday, September 4, 2017
Sprott Money
Why Has Silver Been Suppressed? - Jeff Nielson
Many previous commentaries have described and discussed the various ways in which the silver market has been manipulated in the past and is being manipulated today. What has been explained in years past, but missing from recent editions, are the reasons for the serial manipulation of the silver market. Before getting into the basis for this systemic market crime, it is necessary to briefly identify this manipulation for the sake of newer readers. The parameters could not be more obvious. Si
Saturday, September 2, 2017
Alasdair Macleod - Finance and Eco.
See no evil, speak no evil…
The Jackson Hole speeches of Janet Yellen and Mario Draghi last week were notable for the omission of any comment about the burning issues of the day:...where do the Fed and the ECB respectively think America and the Eurozone are in the central bank induced credit cycle, and therefore, what are the Fed and the ECB going to do with interest rates? And why is it still appropriate for the ECB to be injecting raw money into the Eurozone banks to the tune of $60bn per month, if the great financial cr
Thursday, August 31, 2017
Thorsten Polleit
Mario Draghi’s Fatal Conceit
On 23 August 2017, the president of the European Central Bank (ECB) gave a speech titled “Connecting research and policy making” at the annual assembly of the winners of the Nobel Price for Economics in Lindau, Germany.1 What Mr Draghi talked about on this occasion — and especially what he didn’t talk about — was quite revealing.Any analysis of the causes of the latest financial and economic crisis is conspicuously absent from Mr Draghi’s remarks. One gets the impression that the crisis came bas
Wednesday, August 30, 2017
Michael Ballanger
Shifting the Narrative
For most of the past eight weeks, the financial media have been attempting to tilt the scales of conversation away from the weak macro backdrop in favor of the new initiative on Afghanistan and/or the Trump White House and/or domestic and international terror. As stocks rally in the face of flat earnings growth and rising P/Es, I have noticed an unwavering tendency for dips to be bought firstly by the pre-programmed computer programs, then by traders, and finally by the investing public who cont
Tuesday, August 29, 2017