Articles related to France
 
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
Bullion Vault
Gold Prices +1.1 for Week Even as Real US Rates Rise Amid Junk Bond Sell-Off, Saudi Tensions
GOLD PRICES slipped but held 1.1% higher from last Friday's 13-week closing low in Dollar terms today as world equities followed Wall Street further below the stock market's recent all-time highs. Silver held the same weekly gain at $17.02 per ounce, while platinum prices traded 1.7% higher from last Friday above $936. Crude oil held near this week's 2-year highs as France's preside
Friday, November 10, 2017
Mark O'Byrne - gold.ie
Platinum Bullion ‘May Be One Of The Only Cheap Assets Out There’
Platinum “may be one of the cheap assets out there” and “is cheap when compared with stocks or bonds” according to Dominic Frisby writing in the UK’s best selling financial publication Money Week. Platinum Bullion in USD (15 years) Frisby writing in Money Week laments the total absence of value in today’s markets. He then identifies an asset that is both cheap (on a relative basis) and is valuable and the article is well worth a read: The value investor’s lament – where have all the cheap assets
Wednesday, November 8, 2017
Jesse - Le Cafe Américain
  The American dream is now a nation of low paid bartenders and waitresses
"In our own times we see that politicians raised under neoliberalism are unwilling and unable to effectively use real Keynesian policies: they can’t do stimulus, when they try, they give the money primarily to the rich. They grew to power by being neoliberals; faced with new times they cannot change. In France we saw the main center-left party (really a neoliberal party) implode because it would just not change, and throughout the West center-left neoliberal parties are dying for just this reas
Saturday, November 4, 2017
Andy Hoffman - Miles Franklin
Digging Up An Old Story.. Part II
It is the closing of October and the Hollow’s Eve celebrations are in their waning hours. It is in this era of time in which we continue the diggings up of the thesis of Bram Stoker’s Dracula and if the story of the blood sucking vampire was that of a banker. Imo, Bram would have truly been a member of our community, a group that has complete and full trust in Silver and Gold and not the power of print. I finally got my purchase of “Famous Impostors” written by Bram Stoker back in 1910. The book
Wednesday, November 1, 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
Jan Skoyles - GoldCore
Russia Buys 34 Tonnes Of Gold In September
– Russia adds 1.1 million ounces to reserves in ongoing diversification from USD – 34 ton addition brings Russia’s Central Bank holdings to 1,779t; 6th highest – Russia’s gold reserves are at highest point in Putin’s 17-year reign – Russia’s central bank will buy gold for its reserves on the Moscow Exchange – Russia recognises gold’s role as independent currency and safe haven Editor: Mark O’Byrne Prior to World War I Russia held the world’s third largest gold reserves, behind America and Franc
Friday, October 27, 2017
Jan Skoyles - GoldCore
Gold Will Be Safe Haven Again In Looming EU Crisis
– Gold will be safe haven again in looming EU crisis – EU crisis is no longer  just about debt but about political discontent – EU officials refuse to acknowledge changing face of politics across the union – Catalonia shows measures governments will use to maintain control – EU currently holds control over banks accounts and ability to use cash – Protect your savings with gold in the face of increased financial threat from EU Editor: Mark O’Byrne When we talk about the Eurozone crisis we are us
Thursday, October 26, 2017
Frederic Bastiat
Raw Materials
It is said that the most advantageous of all branches of trade is that which supplies manufactured commodities in exchange for raw materials. For these raw materials are the aliment and support of national labor. Hence the conclusion is drawn that the best law of customs is that which gives the greatest possible facility to the importation of raw materials, and which throws most obstacles in the way of importing finished goods. There is no fallacy in political economy more widely disseminated th
Wednesday, October 25, 2017
Nathan Lewis - New World Economics
God, Gold and Guns
We’ve been looking into One Nation Under Gold (2017), by James Ledbetter. October 2, 2017: One Nation Under Gold (2017), by James Ledbetter October 14, 2017: One Nation Under Gold #2: The Silliness of the Bretton Woods Years Now, we will follow Ledbetter’s account of the end of Bretton Woods in 1971, up to the present. The account of the 1971 devaluation was, following the pattern of this book, long on details but short on insight. It seemed to people at the time that they “had no choice,” that
Monday, October 23, 2017
Richard Cantillon (1680-1734)
The Value of Labor
The Labor of the Plowman Is of Less Value than that of the Artisan Abstract: The opportunity cost of becoming a skilled worker includes both the direct expenses as well as the foregone labor during the training period or apprenticeship. As a result, skilled workers must be paid higher wages than unskilled workers. A laborer’s son, at 7 to 12 years of age, begins to help his father either in keeping the herds, digging the ground, or in other sorts of country labor that require no art or skill. If
Saturday, October 21, 2017
Egon von Greyerz - Matterhorn AM
  A WORLD OF LIES BUT GOLD WILL REVEAL THE TRUTH
The dollar is dead but the world doesn’t know it. It has been a slow death and the final stages will be very painful for the US and for the rest of the world. The US empire is finished financially and militarily. Nixon was convicted for the wrong crime It all started with the establishment of the Fed in 1913 and escalated with Nixon. For anyone old enough to still remember him, they will think about the Watergate scandal. This was corruption and bribery at the highest level in the Nixon administ
Friday, October 20, 2017
Jan Skoyles - GoldCore
How Gold Bullion Protects From Conflict And War
– Gold and silver’s historical role in conflict shaped the world today and the modern financial system – Gold played an important function in the great conflicts up to and throughout the 20th century – Gold and the effective use of bullion played a crucial role in the outcome of the American Civil War – Gold was an important economic agent in both World Wars, conferring a huge advantage on the allies – In a world beset with risks of war both in the Middle East and with North Korea, Russia and Ch
Friday, October 20, 2017
Alasdair Macleod - Finance and Eco.
The productivity myth
Every now and then, there’s a rash of commentary on national productivity. And for the British, productivity is all part of the Brexit angst, with the OECD, the Treasury, the Bank of England and Remainers all saying the average Brit’s poor productivity just goes to show how much they need the certain comfort of being in the EU. As Hilaire Belloc put it, we must hold on to nurse, for fear of something worse.Only this week, the OECD came out with a paper repeating its disproved nonsense about the
Thursday, October 19, 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
Andy Hoffman - Miles Franklin
The Central Planners Lullaby
We seem to be in a lull in market moving news, or is it more the gyrations within the market that have been put to sleep?  The question offers an implication that the exchanges and human emotions “used” to be connected, which in the past, these major events would have caused market fluctuations in price. It is most famously known as market volatility. We have mentioned previously how the damages to an entire string of islands and flooded land masses seem to mean nothing to the markets, but are t
Tuesday, October 17, 2017
Richard Mills - Ahead of the Herd
Lithium Supercycle
The truth, in regards to the world’s mineral resources, is that we in the western developed countries are usually not in control of supply. “The spectre of resource insecurity has come back with a vengeance. The world is undergoing a period of intensified resource stress, driven in part by the scale and speed of demand growth from emerging economies and a decade of tight commodity markets. Poorly designed and short-sighted policies are also making things worse, not better. Whether or not resou
Tuesday, October 17, 2017
Ronan Manly - Bullion Star
  Neck and Neck: Russian and Chinese Official Gold Reserves 
Official gold reserve updates from the Russian and Chinese central banks are probably one of the more closely watched metrics in the gold world. After the US, Germany, Italy and France, the sovereign gold holdings of China and Russia are the world’s 5th and 6th largest. And with the gold reserves ‘official figures’ of the US, Germany, Italy and France being essentially static, the only numbers worth watching are those of China and Russia. The Russian Federation’s central bank, the Bank of Russia
Tuesday, October 17, 2017
Nathan Lewis - New World Economics
  The Silliness of the Bretton Woods Years
We’re continuing our look into One Nation Under Gold (2017), by James Ledbetter. October 2, 2017: One Nation Under Gold (2017), by James Ledbetter Ledbetter glided quickly over the period from 1914 to 1931, taking up the story again in earnest with the British devaluation of 1931 and, especially, the U.S. devaluation of 1933. This was treated with some interesting detail. However, Ledbetter made almost no mention of the fact that the U.S. returned to gold at the beginning of 1934 at $35/oz., and
Monday, October 16, 2017
Bullion Vault
Silver + Gold Jump as China Returns from Holidays, N.Korea + Catalonia Tensions 'Support' After Comex Bulls Retreat
GOLD and SILVER edged higher against a falling Dollar in Asian and London trade Monday, each gaining half-a-per-cent after traders in world No.1 consumer country China returned from national holidays. Gold prices at one point touched $1284 per ounce, some 1.9% above Friday's fresh 8-week low, as the US currency retreated against major rivals and world stock markets fell for a second day from last week's fresh all-time record highs.
Wednesday, October 11, 2017
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