Articles related to Georgia
 
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
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 un
Friday, November 17, 2017
Jesse - Le Cafe Américain
Stocks and Precious Metals Charts -
US equities rallied today on the earnings report from WalMart, and an excess of hot money with nowhere productive to go. Today was characterized as a great time to buy the dip, which occurred earlier this week. Stocks are a buy because corporations are enjoying record profits, which they mostly spend on dividends, boondoggles, monopolization,  and tax buybacks. Quick, give those folks a tax break! Tomorrow will be a stock options expiration. The House passed its version of 'tax reform' toda
Friday, November 17, 2017
Alasdair Macleod - Finance and Eco.
Will macro-economists ever learn?
As we lurch through successive credit crises, central bankers and economists believe they learn valuable lessons every time, and that the ultimate prize, the suppression of business cycles through monetary policy, will be achieved.We saw, over Brexit, how wrong the Bank of England’s and the UK Treasury’s models were, and these errors were also evident in the OECD’s model. Brexiteers smelled conspiracy, but in the absence of evidence, perhaps we should give them the benefit of the doubt and assum
Friday, November 17, 2017
Bullion Vault
Gold Price Flat as Half-Billion Da Vinci Sale Sees Stocks and Junk Bonds Rally
GOLD PRICES edged back up to $1280 per ounce on Thursday in London as world stock markets rose for the first session in six. With gold prices trading just $10 per ounce above the 13-week closing low of week-ending Friday 3 November, so-called "junk bond" prices also rallied with equities. US corporate bonds rated below investment grade gained 0.7% from yesterday's new 7-month low as measured by
Friday, November 17, 2017
Rick Ackerman
Are the Big Guys Tapped Out?
It’s hard to imagine the news getting much sunnier than it was for the earnings cycle just reported. What will Amazon, Apple, Google and the other FANG stocks do for an encore? More to the point, what will they do for the next three months?  At these very high prices, the task of rotating institutional cash till January, when earnings are next reported, will be like juggling bowling balls. The task will be even harder because Wall Street doesn’t have much “story” left to sell, at least none that
Thursday, November 16, 2017
George F. Smith - Barbarous Relic
Living with the Exponential - I
Before the middle of this century, the growth rates of our technology— which will be indistinguishable from ourselves— will be so steep as to appear essentially vertical. From a strictly mathematical perspective, the growth rates will still be finite but so extreme that the changes they bring about will appear to rupture the fabric of human history. That, at least, will be the perspective of unenhanced biological humanity. Kurzweil, Ray. The Singularity Is Near: When Humans Transcend Biology, S
Thursday, November 16, 2017
Jesse - Le Cafe Américain
Stocks and Precious Metals Charts - Stock Options Expiration on Friday -
We will have a stock option expiration on Friday. I believe that this is driving some of the action in the precious metals. Not in the metal itself, but by extension to the miners which follow the price of the metals, and tend to be a favorite of options players, and a rather volatile crew. Have a pleasant evening.
Thursday, November 16, 2017
Adrian Ash - Bullion Vault
Tulips, Railways and Why We Don't Take Bitcoin
No stocks, bonds, seashells or Yap stones either please... ONE KEY requirement of money, writes Adrian Ash at BullionVault, is that it doesn't drop 27% of its purchasing power inside 4 days... ...only to regain all that drop again in the following 72 hours. This kind of hyper-volatility signalled the death of the German
Wednesday, November 15, 2017
Bullion Vault
Gold Prices Hit 4-Week Dollar High as Stocks Fall from 'Irrational Exuberance'
GOLD PRICES jumped to 4-week highs against a weakening US Dollar in London trade Wednesday lunchtime, reaching $1288 per ounce as world stock markets followed Wall Street lower for the 5th session running. New data today showed US inflation holding at the Federal Reserve's 2.0% annual target in October, while retail sales rose 4.6% from the same month last year. Silver and platinum
Wednesday, November 15, 2017
Steve St Angelo - SRSRocco Report
Two-Thirds Of The Top Primary Silver Miners Suffered Production Declines In 2017
It has been a rough year for many primary silver miners as two-thirds have suffered declines in production.  Also, many high ranking silver producing countries are also experiencing a pronounced reduction in their domestic silver mine supply.  According to the data put out by World Metal Statistics, Chile’s silver production is down 20% in the first eight months of the year, while Australia is down 19%, Mexico declined 2% and Peru lower by 1%.The Silver Institute will be releasing their 2017 Sil
Wednesday, November 15, 2017
Andy Hoffman - Miles Franklin
Year end tax season and precious metals
We are now close to the end of the year where people adjust portfolios with taxes in mind. For securities there is a “wash rule” provision not allowing the repurchase of the same security for 30 days. Otherwise in the case of a loss, the loss will be disallowed and cannot be used against gains to lower your taxes. This is not the case in commodities. Physical gold and silver are considered “commodities” for tax purposes and are not subject to the 30 day wash rule. Miles Franklin has solicited le
Wednesday, November 15, 2017
Stewart Thomson - Graceland Update
Precious Metals: Patience Is Golden
Without growth in Western gold ETF holdings, the “decent but not spectacular” demand from China and India is not strong enough to move the gold price higher. The SPDR (GLD-nyse) fund gold holdings currently sit at about 843 tonnes. There has been very little change in the total tonnage for several months. That’s neutral for the gold price. Governments don’t like their citizens to own much gold. Restrictions they impose (like India’s import duty as a recent example) dampen demand enough so th
Tuesday, November 14, 2017
Andy Hoffman - Miles Franklin
Stumbling Into the Bubble Zone
Bubbles are a fact of financial life! We know about the Dutch Tulip Bubble and the English South Sea bubble.  Silly – right?  They couldn’t happen in this modern age! Think again! Consider the following examples, a few of many that could be shown. Amazon, Apple and Bitcoin. Amazon, Apple, Bitcoin and other stocks show vertical rises – classic bubble behavior.  They might implode soon or their prices could rise even higher.  There are few limits on crazy price moves and central bank currency p
Tuesday, November 14, 2017
Gary Savage - Smart Money Tracker
CHARTS OF THE DAY – THE DOLLAR AND GOLD
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Tuesday, November 14, 2017
Bullion Vault
Comex Gold Sees 'Another Large Sell' as Bullish Silver Betting Grows to 7-Week High
COMEX GOLD contracts recovered a $5 drop against a weakening US Dollar in London lunchtime trade Tuesday, rising back to last week's finish at $1275 after what analysts called another "large sell" order on the futures market. Commodities retreated and bond prices edged higher as world stock markets fell again. Germany's Dax dropped for the fourth session running after the 19-nation Eurozone rele
Tuesday, November 14, 2017
Sprott Money
The Size Of The Financial Avalanche Coming Grows Larger - Dave Kranzler
Inflation vs deflation. The true economic definition of “inflation” is the rate of increase in the money supply in excess of the rate of increase in wealth output. Inflation is monetary in nature. Rising prices are the manifestation of inflation. Someone I follow on Twitter posted an ingenious example from which to conceptualize the true concept of inflation using the game of Monopoly: The players all start out with reasonable amounts of money to speculate on real estate. As the game proce
Tuesday, November 14, 2017
Keith Weiner - Monetary Metals
The Cycle of Falling Interest
Over the past few weeks, we have looked at the effects of falling interest rates: falling discount applied to future cash flows (and hence rising stock and bond prices), and especially falling marginal productivity of debt (MPoD). Falling MPoD means that we get less and less GDP “juice” for each new dollar of borrowing “squeeze”. Last week, we proposed an economic law: if MPoD < 1 then the economy is unsustainable. MPoD has been falling since at least 1950, and is currently well under 0.4 (havin
Tuesday, November 14, 2017
The Gold Report
Is Silver's Underperformance a Positive Sign?
Technical analyst Clive Maund explains why he sees silver's prolonged underperformance as the sign of a bottom. Like gold, silver now appears to be completing an intermediate Head-and-Shoulders top that we can see on its latest chart below, within a much larger and very bullish Head-and-Shoulders bottom pattern. Both these Head-and-Shoulders tops are related to the Head-and-Shoulders bottom that just completed in the dollar index, that we look at in
Tuesday, November 14, 2017
Chris Powell - GATA
Another insider feels compelled to admit the gold market is rigged
Writing over the weekend for the Sharps Pixley bullion dealership in London, market analyst Lawrie Williams confided that he increasingly believes that the gold market is being rigged. Williams wrote that he has been pushed to such a conclusion by the growing number of smashes to the market out of the blue. Williams wrote: "We have just seen yet another instance of a totally insane volume of notional gold hitting the futures markets, surely designed to stop any positive momentum for gold in its
Tuesday, November 14, 2017
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