Articles related to Johnson
Jesse - Le Cafe Américain
Stocks and Precious Metals Charts -
"The conventional wisdom seems to be that the problems of the euro zone are, as economist Martin Feldstein once put it, 'the inevitable consequence of imposing a single currency on a very heterogeneous group of countries.' What this commentary gets wrong, however, is that single currencies are never the product of debates about optimal economic solutions. Instead, currencies like the U.S. dollar itself are the result of political battles, where motivated actors try to centralize power.  This h
Tuesday, September 19, 2017
Russel McDougal - inv. Daily Edge
The Ghost of Fort Knox Past: Part 2
In my precedent essay, we looked briefly into the Ft. Knox gold controversy. Ft. Knox gold used to back circulating currency, but those days are long gone. Whatever gold remains within this U.S. fortress is now just another Treasury “asset.”
Saturday, September 16, 2017
Mac Slavo - ShtfPlan
Rise Of The Machines: U.S. Military to Have More ROBOT Soldiers Than Human by the Year 2025
Warfare is being reinvented. Like a scene out of The Terminator, the future of warfare is destined to include robot soldiers, unmanned aerial assault, and self-driving, weaponized vehicles. An $11 million contract approved by the Pentagon has been awarded to Six3 Advanced Systems. The US Department of Defense is calling on Six3 to “design, develop, and validate system prototypes for a combined-arms squad.” By the year 20
Thursday, September 14, 2017
Chris Martenson
Harvey Is A Major Still-Unfolding Disaster
Superstorm Harvey continues to wreak epic damage to Texas, particularly Houston. But it’s not the wind, it’s the rain. Epic, record-breaking, unbelievable amounts of rain. It’s entirely possible that the entire region will not get back ‘to normal’ for months, if not years. Vice President Mike Pence noted that given the “magnitude of the flooding” that “it will be years coming back.” (Source) Tens of thousands of homes are flood damaged, many of them total losses. Only one-in-six Houston residen
Wednesday, August 30, 2017
Nathan Lewis - New World Economics
It’s Not That Complicated
Today, we will re-summarize our work on the Interwar Period. October 2, 2016: The Interwar Period (contains many links) October 6, 2016: Team Gold Needs To Get Over the Great Depression October 16, 2016: Nonmonetary Perspectives on the Great Depression October 23, 2016: Nonmonetary Perspectives on the Great Depression 2: Steindl, Schwartz and Eichengreen October 30, 2016: Nonmonetary Perspectives on the Great Depression 3: Nonmonetary Causes November 6, 2016: Robert Mundell’s Interpretation of t
Tuesday, August 29, 2017
Mac Slavo - ShtfPlan
A Full-blown Civil War Appears To Be Materializing: “Nobody Will Be Able To Retreat To A Neutral Corner”
At the rate things are going, a full-blown civil war appears to be materializing.  Colin Kaepernick began it all with “taking a knee” in protest of the National Anthem.  Fast-forward one year later, and read this, released by Yahoo Sports for just how far it has gone: “The Colin Kaepernick story has gotten seemingly endless attention because its reach goes far beyond football. A pretty good reminder of that came Saturday afternoon in New York City, which is far removed from Kaepernick’s former N
Monday, August 28, 2017
Mark O'Byrne -
Cyberwar Risk – Was U.S. Navy Victim Of Hacking?
– U.S. Navy collisions: More than a coincidence? – Latest U.S. Navy collision is fourth involving a Seventh Fleet warship this year – Have US Navy vessels become victims of hacking asks Rickards – Chief of Naval Operations, Adm. John Richardson, has not ruled out cyber intrusion – “Once is happenstance. Twice is coincidence. The third time it’s enemy action…” – Ian Fleming – Cyber security cause for concern in autonomous vehicles, aeroplanes and now ships – Serves as reminder that a connected wo
Thursday, August 24, 2017
Russel McDougal - Inv. Daily Edge
The Ghost of Fort Knox Past - Part I 
The U.S. dollar is “as good as gold,” right? Well, not exactly. Those days and decades are long gone. The U.S. remains in the midst of currency woes and a global credit crisis that refuses to go away. Let’s look into what was once the foundation for the buck - gold bricks in Ft. Knox, Kentucky.
Monday, August 21, 2017
Nathan Lewis - New World Economics
It’s Getting Uncomfortable in the Prices, Interest Money Box
We’ve been talking about The Midas Paradox (2015), by Scott Sumner. July 23, 2017: The Midas Paradox (2015), by Scott Sumner July 31, 2017: The Midas Paradox #2: Blame Gold August 3, 2017: The Midas Paradox #3: It’s So Because I Say It Is August 11, 2017: The Midas Paradox #4: Much Ado About Nothing I’ve mentioned many times the “Prices, Interest, Money Box” that economists got themselves into beginning in the 1870s, and are still in today. The result of this, regarding the Great Depression, is
Friday, August 18, 2017
Mac Slavo - ShtfPlan
It’s Not Over: “How The US Could Lose A War Against North Korea And End Up In Ruins”
By now everyone is thoroughly inundated with information regarding the stances and standoff between President Trump and the U.S., and Kim Jong-Un and North Korea.  This is where “oversaturation” can lead to ignoring what is going on, followed up by complacency.  Americans in general have low attention spans and become easily bored with or tired of a situation that is ongoing.  The Vietnam war is a prime example of this, and that was followed with the second war in Iraq.  In both instances, growi
Tuesday, August 15, 2017
Former Lehman Brothers Trader: Unpredictable Government Actions Make It Smart to Hold Gold
Forbes/Shannara Johnson/08-10-17 What does a hot-shot Wall Street trader see in physical gold? And why would he be adamant about holding it? …Once he started looking into precious metals versus paper money, he quickly became bullish on gold: “An ounce of gold will buy you a nice suit today, it bought you a nice suit 20 years ago, it bought you a nice suit 200 years ago… Dollars have depreciated over time; pretty much any fiat currency has. So when I look at gold, I don’t look at it like, it’s go
Thursday, August 10, 2017
Mac Slavo - ShtfPlan
Australia’s Bureau Of Meteorology Caught Tampering With Climate Change Data
As time goes, on its becoming harder for any rational person to believe that man-made global warming is a real threat. The foundation of this notion built on data that climate scientists from all over the world have collected. However, it’s been shown time and time again that this data is often flawed and manipulated. It’s not easy to take climate change seriously when the supposed experts are cooking the books. And that’s exactly what appears to be going on. Just last month, a research report t
Sunday, August 6, 2017
Nathan Lewis - New World Economics
Much Ado About Nothing
We’ve been talking about The Midas Paradox (2015), by Scott Sumner. July 23, 2017: The Midas Paradox (2015), by Scott Sumner July 31, 2017: The Midas Paradox #2: Blame Gold August 3, 2017: The Midas Paradox #3: It’s So Because I Say It Is Today, I promised that we would take a look at some of these “supply and demand for gold” factors that Sumner talks about. Supply is pretty stable during this time, either in terms of mining or aboveground gold, so it is really about demand. I’ve talked about t
Saturday, August 5, 2017
Nathan Lewis - New World Economics
It’s So Because I Say It Is
We’ve been talking about The Midas Paradox (2015), by Scott Sumner. July 23, 2017: The Midas Paradox (2015), by Scott Sumner July 31, 2017: The Midas Paradox #2: Blame Gold The primary claim of the book is that gold’s value soared higher, in an unprecedented and disastrous fashion, sometime beginning around 1929. Over the years, there have been a number of arguments that gold’s value goes up and down by substantial amounts. Other people have said that gold’s value is basically stable, and doesn’
Friday, August 4, 2017
Ronan Manly - Bullion Star
LBMA Gold Vault Data – How low is the London Gold Float?
The London Bullion Market Association (LBMA) has just released a first update on the quantity of physical gold and silver holdings stored in the ‘LBMA’ London vaulting network. The LBMA press release explaining the move, dated 31 July, can be read here. This vaulting network, administered by the LBMA, comprises a set of precious metals vaults situated in London that are operated by the Bank of England and 7 commercial vault operators. For simplicity, this set of vaults can be called the LBMA Lon
Wednesday, August 2, 2017
Nathan Lewis - New World Economics
Blame Gold
We have been talking about The Midas Paradox (2015), by Scott Sumner. July 23, 2017: The Midas Paradox (2015), by Scott Sumner. As you probably guessed from the three-word title, the book can be summarized in two words, which are: “blame gold.” This, as we have seen, is actually a relatively new notion, even if it enjoys some popularity today. The general consensus, which later (after 1950) became the Keynesian consensus, did not blame gold, or indeed, monetary policy in general, for the Great D
Monday, July 31, 2017
Mish - Global Economic Analysis
Obamacare Repeal Fails By One Vote: McCain’s
Senator McCain returned to the Senate last week providing the 50th vote allowing debate on Obamacare to begin. In an ironic twist of fate, shortly after Midnight on Friday, McCain voted against the Obamacare repeal. It failed 51-49. CNN reports GOP Obamacare Repeal Bill Fails in Dramatic Late-Night Vote. The Senate has dealt a devastating setback to Republican efforts to repeal Obamacare, defeating a GOP “skinny repeal” bill early Friday morning. Sens. John McCain, Lisa Murkowski and Susan Coll
Friday, July 28, 2017
Phoenix Capital - Gains Pains & Capital
"Stop Trading Gold Silver Now" - 30 Year Veteran
Ruminations on Gold by Soren K. posted originally on Enda Glynn's original headline and  EW analysis is below.  Feel free to skip to it if you are looking for technicals. We had to change the headline for fear the post would look like click bait. For we are jaded Gold people. Bitter Gold Traders But Enda's enthusiasm is genuine. And that pisses us off. As veterans  of so many failed formations in Gold we are a bit cynical. Maybe it is us. Perhaps it is we that are the problem. To
Wednesday, July 26, 2017
Mark O'Byrne -
Commercial Property Market In Dublin Is Inflated and May Burst Again
Commercial Property Market Is Inflated and May Burst Again by David McWilliams Dublin property investors had better hope that Brexit happens soon. They should also hope that it’s not just a ‘hard’ Brexit, but a granite Brexit — a Brexit that’s as hard as possible. They should be betting on the buffoonery of Boris Johnson, down on both knees praying for a massive barney between Davis and Barnier. A granite Brexit might prompt the migration of hundreds of corporate refugees from isolated London t
Monday, July 24, 2017
Przemyslaw Radomski CFA - SunshineProfits
Is It Worth Investing in Palladium?
Palladium is another element with great importance to the modern economy, but it’s often overshadowed by the other more famous and expensive precious metals. As the chart below shows, palladium has been generally cheaper than platinum – its more expensive substitute in industrial use and jewelry. Chart 1: The palladium to platinum ratio (red line, right axis), the price of palladium (yellow line, left axis, P.M. London Fix, weekly average), and the price of platinum (blue line, left axis, P.M. L
Monday, July 24, 2017