| Articles related to Midas |
|
| |
 | Robert P. Murphy |
| The Gold Standard Did not Cause the Great Depression |
| Quarterly Journal of Austrian Economics 19, no. 1 (Spring 2016): 101–111[The Midas Paradox: Financial Markets, Government Policy Shocks, and the Great Depression by Scott Sumner]The Midas Paradox is an impressive piece of scholarship, representing the magnum opus of economist Scott Sumner. What makes the book so unique is Sumner’s use of real-time financial data and press accounts in order to explain not just broad issues—such as, “What caused the Great Depression?”—but to offer commentary on thThursday, November 12, 2020 |
|
 | 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 DFriday, July 3, 2020 |
|
 | Perth Mint Blog - Perth Mint Blog. |
| Perth Mint gold app gives investors the Midas touch |
| Australia’s foremost precious metals enterprise, The Perth Mint, has today launched an exciting new smartphone app – GoldPass™ – as part of its commitment to taking Australian gold to the world. At the touch of a smartphone screen, GoldPass™ gives retail investors the unique ability to securely buy, store and sell gold via digital certificates. The app also allows the instantaneous transfer of gold to other approved GoldPass™ app users. The Perth Mint launched GoldPass™ today during the openingWednesday, October 3, 2018 |
|
 | Michael Ballanger |
| The Rhyme of the Ancient Speculator: Bullish Silver COT |
| Twenty-seven months and two days ago, I was under huge emotional duress due to the dreadful action in the gold market as prices had been under severe manipulative pressure since mid-October. Under the excruciating weight of incessant shenanigans (interventions), the price of gold was in abject freefall, having plunged from $1,189.90 to $1,062.60 or around 10.7% in a mere six weeks. On Friday, December 4, the COT for the week ended December 1, 2015. was reported and as I read the gold portion ofSaturday, March 3, 2018 |
|
 | The Gold Report |
| Miners of the Modern Yukon Gold Rush |
| Ron Struthers of Struthers’ Resource Stock Report describes a miner making a promising stand in the Far North, as well as other Yukon-based gold companies that have captured his attention.
The Yukon is seeing a modern-day gold rush, with five major miners jumping in and several junior exploration companies with large exploration budgets. Kinross Gold Corp. (K:TSX; KGC:NYSE) was the first of the major gold miners to make a move into the Yukon when it gobbSunday, January 7, 2018 |
|
| Michael Ballanger |
| COT Report: Predictably Stomach Churning but Bullish |
| Here is a really good question. Anyone out there lose money trading gold and silver or related mining shares in the past couple of months? I did. My friends did. The bulk of the managed money (hedge fund) players did. However, it's all "JUST FINE" because the Dow and the S&P hit all-time highs again as the last vestiges of the post-2008-GFC rescue reflation is now SURGING into paper assets. More importantly, those bullion bank millennials that were hired by their uncles and fathers and grandfathTuesday, December 19, 2017 |
|
| Nathan Lewis - New World Economics |
| Applied Mainline Economics (2017), by Matthew Mitchell and Peter Boettke |
| Matthew Mitchell and Peter Boettke are academic economists at the Mercatus Center, a think tank associated with George Mason University. I like Mercatus and its work a lot, as it explicitly builds upon and follows the work of people like F.A. Hayek, Adam Smith, and James Buchanan. I don’t follow the academics too closely, but they often have some good insights, so I was looking forward to a book that might summarize some of those insights and let me know where to look for more detail.
The idea bSaturday, December 9, 2017 |
|
| Michael Ballanger |
| Bullion Bank Short-Covering Will Become Year-End Profit-Taking |
| As I sat in my den last evening looking out over lovely Lake Scugog and her plethora of weeds clogging shorelines, intake lines and Yamaha outboards, I was contemplating the likelihood of a rally into year-end and whether or not it might include ANYTHING that I own because, quite frankly, nothing in my world has worked very effectively since the first half of 2017. With the exception of the Pilbara play in West Australia, the junior gold and silver exploration issues have been sadly underperformTuesday, November 28, 2017 |
|
| Michael Ballanger |
| Rebirth in Nevada for Gold Explorer |
| Stakeholder Gold Corp. (SRC:TSX.V) was born in July 2011 after a spinout from Quebec-based Hinterland Metals. It was done so to highlight the company's White Gold District landholdings featuring the well-situated Ballarat Property located proximitous to Goldcorp's recently-acquired Coffee property. However, within the next year, the vicious 2011–2016 bear market in mining stocks arrived and the company remained inactive until late 2013 when a management change ushered in current CEO Chris BerletSunday, October 29, 2017 |
|
 | Chris Powell - GATA |
| London's gold crown is slipping |
| London is losing its Midas touch.
New rules from regulators, on top of uncertainties over the U.K.'s future relationship with the European Union, are denting the city's position as the biggest center for gold trading in the world. The changes threaten to push up costs, a key competitive advantage of London's over-the-counter market.
Even before the regulations come in, the average net daily volume of gold settled by London Precious Metals Clearing Ltd. fell 12 percent in two months to 18.5 milliWednesday, October 18, 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 |
|
| 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 tSaturday, 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 |
|
| Nathan Lewis - New World Economics |
| The Midas Paradox (2015), by Scott Sumner |
| Today, we will begin our look at The Midas Paradox (2015), by Scott Sumner. Sumner is a Fellow at the Independent Institute and also the Mercatus Center, where he is the “Ralph G. Hawtrey Chair of Monetary Policy at the Mercatus Center at George Mason University, where he is the director of the Program on Monetary Policy.” Mercatus is a university-attached think tank with a strong conservative leaning, that embraces the Austrian tradition (Ludwig von Mises and Friedrich Hayek, among others) with some enthusiasm. The regular economics department of George Mason has similar leanings, and provides a home for the gold-friendly professor Larry White. This is rather uncommon among academic economic departments.Sunday, July 23, 2017 |
|
 | Stewart Dougherty - Stewart Dougherty
|
 The Gold Industry is in a Deep State of Dysfunction, Delusion and Denial - Stewart Dougherty  |
| In 1980, the Financial Deep State realized that there
existed an extraordinary opportunity for serial plunder and profiteering: the
manipulation of the gold and silver markets. They immediately mobilized to
exploit it.
During the subsequent 37+ years (we are now well into the 38th),
the Deep State manipulators have criminally looted the gold and silver markets,
pocketing astronomical profits for themselves in the process, all of which have
come from real victims on the other sides of their fraudWednesday, July 19, 2017 |
|
 | Florian Grummes - The Silver GoldSpot |
| The Midas Touch Consulting Report - 07/17/2017 |
| The Midas Touch Consulting Report
17th of July 2017
Market Update
It´s been a couple of tough days when silver experienced a flash crash and gold moved below its 200MA at 1,235 USD. But the incredible pessimism among basically all precious metals investors and analysts was a great contrarian signal.
Now gold and silver already do look better and I believe we might be right at the beginning of a multi-month bull run that could take gold towards 1,500 USD and silver towards 26,00 USD.
While theWednesday, July 19, 2017 |
|
| Chris Powell - GATA |
| Proletarian Daily Mail blurts out truth that will never make Financial Times |
| By Joanne Hart
Daily Mail, London
Sunday, July 16, 2017
Gold is one of the most unusual investments that anyone can make. It does not pay dividends, it does not produce earnings, and it does not make promises about growth prospects -- like most firms do.
But it does deliver returns, outperforming property and the FTSE 100 Index over the past 10 years.
If someone had put L1,000 into the FTSE in 2007, for example, it would be worth L1,640 today, while the same amount invested in 20-year gilts woulTuesday, July 18, 2017 |
|
| Florian Grummes - The Silver GoldSpot |
| The Midas Touch Gold Model – Update 26th of June 2017 |
| Our Midas Touch Gold Model remains in neutral/sideways mode.While the "CoT-Report" signal improved to neutral we got two new sell signals. One comes from the SPDR Gold trust Holdings. The other one is likely more important and was issued by the US-Dollar who seems to get ready for a bounce/recovery over the coming weeks. A stronger dollar should at least limit the precious metals sector for a couple of weeks.
(Click to enlarge)
Technically gold was able to bounce off the 1,240 USD level. The tMonday, June 26, 2017 |
|
| Sprott Money |
| Gold And Silver Are Potentially Explosive - Dave Kranzler |
| Gold and silver are acting differently right now. Usually when the
open interest in the paper gold (Comex) net short of the bullion banks
becomes overweighted, it’s a signal that they are getting ready attack
the price of gold by triggering massive stop-loss selling by the
technically-driven hedge funds.
And through last Tuesday, per the latest COT report, the Comex banks
had piled heavily into the short side, feeding paper shorted to the
hedge funds. And true to form, the market was attacMonday, April 3, 2017 |
|
| Chris Powell - GATA |
| '1 percent rule' that suppresses gold is a central bank racket, Turk tells KWN |
| Interviewed by King World News today, GoldMoney founder and GATA consultant James Turk discusses the algorithmic "black box" trading in gold that usually prevents the price from rising more than 1 percent in a day -- the "1-percent rule" long identified by futures trader James McShirley in GATA Chairman Bill Murphy's daily "Midas" commentaries at LeMetropoleCafe.com.
Turk says: "The gold market is rigged, but not by the profit-seeking high-frequency traders who focus their trading on shares. ThTuesday, March 28, 2017 |
|
|
|
|
|
