| |
 | Phoenix Capital - Gains Pains & Capital |
| Zimbabwe Inflates, Again… |
| In November 2008, Zimbabwe experienced the second highest recorded inflation rate in history, and with that, it entered the Hanke-Krus World Hyperinflation Table. That’s when the annual inflation rate reached a peak of 89.7 sextillion (10^21) percent (see table below).
At this point, prices were doubling every 24.7 hours. During Zimbabwe’s hyperinflation episode (2007-2008), the Reserve Bank of ZimSunday, October 15, 2017 |
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 | Alasdair Macleod - Finance and Eco. |
| Oil for gold – the real story |
| Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing gold futures priced in yuan, an oil exporter to China contracting to accept yuan could use these two futures contracts to take delivery of physical gold in payment for oil.I was quoted in that article as follows:"It is a mechanism which is likely to appeal toSunday, October 15, 2017 |
|
 | John Butler - Goldmoney |
Common commodity misconceptions  |
| Commodities are the most basic economic goods, providing essential inputs into progressively more complex goods at advanced stages of production. Yet the economic mainstream generally fails to understand commodities, treating them as distinct from the processes whereby they are created and the processes they subsequently enable, when in fact they are an integral part of a dynamic, complex, adaptive economic system. A correct understanding of commodities is essential if we are to understand what Saturday, October 14, 2017 |
|
 | Jason Hamlin - Gold Stock Bull |
| Gold, Gold Stocks, and Gold Favorable News |
| Recent News:
Four hurricanes arrived in six weeks. Harvey, Irma, Maria, and Nate have caused hundreds of billions in damage to the US. Repairs and human misery will continue for months or years. Many will never return to Puerto Rico, Houston, and Florida. Where will they go and what will it cost?
Regardless, it means higher deficits, more debt, a weaker dollar and higher gold prices!
Wildfires, literal and figurative:
California wine country is burning out of control as of October 11.
Friday, October 13, 2017 |
|
 | Chris Martenson |
 Betrayal! |
| Let me apologize in advance for what may be an upsetting piece of writing for some of you. If you're in a state of shock or exhaustion from recent events, perhaps you should skip this one.
I don't offer this analysis in order to further distress anyone -- but until you understand what is happening and how that influences your psychological state, you'll remain the emotional equivalent of a rag doll shaken to-and-fro by events.
Such understanding may not bring you to a place of calm acceptance. BMonday, October 9, 2017 |
|
| Alasdair Macleod - Finance and Eco. |
| The upcoming increase in interest rates |
| Last week, both Janet Yellen of the Fed and Mark Carney of the Bank of England prepared financial markets for interest rate increases. The working assumption should be that this was coordinated, and that both the ECB and the Bank of Japan must be considering similar moves.Central banks coordinate their monetary policies as much as possible, which is why we can take the view we are about to embark on a new policy phase of higher interest rates. The intention of this new phase must be to normaliseFriday, October 6, 2017 |
|
 | Axel Merk - Merk Fund |
| Tax Reform: Implications for Gold |
| Axel Merk, Merk Investments
October 4, 2017
Follow @AxelMerk Tweet
Last week, I got several calls asking me how U.S. tax reform will impact the price of gold. If you can answer this question, you might be able to answer how tax reform will impact other assets. Let me explain.
If you were to analyze the impact of any tax changes on any asset, you have two sets of dynamics to consider: those of the tax reform and thosWednesday, October 4, 2017 |
|
 | Egon von Greyerz - Matterhorn AM |
| WAKE UP AMERICA – THE DOLLAR IS GOING TO ZERO |
| For news to be read and understood by a great number of people, it must be simple, sensational and forgettable. Most individuals are not interested in “heavy” news or complicated issues. Just compare television and newspapers today to say 50 years ago. At that time, newspapers had very few pictures but instead covered serious matters with in depth analysis. Same with television. In the 1960s there was serious news and many programmes which raised important issues in society or politics, which maMonday, October 2, 2017 |
|
 | Mark O'Byrne - gold.ie |
| China Catalyst To Send Gold Over $10,000 Per Ounce? |
| Jim Rickards is on record forecasting $10,000 gold.
But is China about to provide the catalyst to send gold even higher? And by how much?
Today, we fare forth in the spirit of speculation… follow facts down strange roads… and arrive at a destination stranger still…
China — the world’s largest oil importer — struck lightning through international markets recently.
According to the Nikkei Asian Review, China has plans to buy imported oil with yuan instead of dollars.
Exporters could then exchange Saturday, September 30, 2017 |
|
| Alasdair Macleod - Finance and Eco. |
The fiat money quantity (FMQ)  |
| Summary : This paper seeks to establish a measure of currency quantity that helps economists identify and estimate the risk that confidence in fiat currencies might be significantly eroded or even vanish altogether. It is this phenomenon that was referred to in the great European currency inflations of the 1920s as Katastrophenhausse, or a crack-up boom, when ordinary people lose all confidence in a fiat currency, disposing of it as rapidly as possible instead preferring ownership of goods.This isSaturday, September 30, 2017 |
|
 | Jeff Clark - Goldsilver |
| Top Ten Reasons I Buy Gold Silver [#2] All the Problems of the World = Gold Silver Hyper-Bubble |
| When the average investor thinks about gold, they may view it as an inflation hedge. Or maybe as crisis insurance. Or perhaps they view it solely as a portfolio diversifier.But what if you added up all the reasons to own gold and silver today—and realized they were all about to hit at the same time?That’s Mike Maloney’s reason #2 he owns gold and silver: it’s all happening at once, and this time it’s global:It’s a perfect storm of worldwide trends that are about to explode simultaneously—and pusThursday, September 28, 2017 |
|
| Jeff Clark - Goldsilver |
| Top Ten Reasons I Buy Gold Silver [#1] - Mankind’s #1 Sleep Aide |
| Do you worry about money? Does it sometimes impede your sleep?According to a recent survey, money worries are the second biggest cause of sleeplessness.And that’s why Mike Maloney’s #1 Reason he owns gold and silver is… he sleeps better!As Mike has outlined, he believes the foundation is laid for a perfect economic and monetary storm. His research shows that the greatest crash the world has ever seen will take place before the end of this decade.Will his prediction come true?On one hand, if MikeThursday, September 28, 2017 |
|
| Phoenix Capital - Gains Pains & Capital |
| Venezuela's Grim Reaper: A Weekly Report |
| Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.
The Grim Reaper has taken his scythe to the Venezuelan bolivar. The death of the bolivar is depicted in the following chart. A bolivar is worthless, and with its collapse, Venezuela is witnessing the world’s worst inflation.
As the bolivar collapsed and inflation accelerated, the Banco Central de Venezuela (BCV) became an unreliable source of inflation data. Indeed, from December 2014 until January 2Wednesday, September 27, 2017 |
|
 | Gerard Jackson - Brookes News |
How the Laffer curve really works  |
| Kennedy declared that “it is a paradoxical that tax rates are too high and tax revenues too low”. In other words, high taxes were depressing output. Acting on this belief — what so many today sneeringly call supply-side economics — he cut taxes in 1963 and investment surged ahead. In the four years preceding the Kennedy cuts only 27.8 per cent of what is termed investment went to business and 38.5 per cent to real estate.Tuesday, September 26, 2017 |
|
 | Hugo Salinas Price - Plata.com |
 Prospects for Gold II |
| In my previous article, "My Views Regarding Prospects for Gold", published on September 21, I addressed the consequences of the Chinese scheme "to be launched formally by the end of the year, by means of which exporters of oil to China will accept the Chinese currency, the Yuan, in payment for oil; for this deal, the Chinese have added an incentive: the Yuan received by the oil exporters will be exchangeable for gold. This gold will be "sourced", i.e. "purchased" outside of China, for the oil exTuesday, September 26, 2017 |
|
 | Keith Weiner - Monetary Metals |
| Is Bitcoin a Commodity, Gold Silver Report 24 Sep 2017 |
| Carl Menger, father of the Austrian School of Economics, showed the world that money is not the product of the state. He did not mean that government is intrinsically incapable of decreeing something to be money while other groups, organized for different purposes, could do it. He described how money emerges as the commodity which is most marketable (“absatzfähigkeit” in German).
He discusses factors that limit marketability including to whom you can sell a particular good, where you can sell itMonday, September 25, 2017 |
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| Jeff Clark - Goldsilver |
| Top Ten Reasons I Buy Gold Silver [#3] - Your Purchasing Power With Gold Is About to Jump |
| One of the great myths with gold is that one ounce has always bought the equivalent of a man’s suit.While there have certainly been times where this is true, it hasn’t always been the case. That’s because sometimes the gold price is low relative to what a suit costs, and other times the price is much higher than what an average suit costs.And we’re about to head into a period where, as Mike Maloney says in Reason #3 he buys precious metals, gold will soon buy a whole lot more:When the next set oMonday, September 25, 2017 |
|
 | Mac Slavo - ShtfPlan |
| The Demise Of The Dollar As We Know It: “A Break Is Coming… On A Worldwide Basis” |
| The significance of the shift taking place on a geo-political basis to unseat the U.S. dollar as the world’s reserve currency cannot be understated. It is, by all means, a complete upending of the financial and economic systems as we have come to know them. According to Keith Neumeyer, the Chairman of First Mining Finance and Chief Executive Officer of First Majestic Silver, the world’s purest silver producing mining company, the move is already taking place with countries like China, Russia, VeMonday, September 25, 2017 |
|
 | Philip Judge - Anglo Far East |
 The Ancient Port Cities of Tyre and Sidon |
| The famous Phoenician traders and their age old port cities of Tyre and Sidon stood as monuments to centuries of 'barter of trade and exchange'. This was your textbook booming economy, boasting of every benefit, technology and luxury affluence could afford. It had diversity in its products range, guarantied markets, established and time proven infrastructure, geographical superiority, and military might. It had a broad customer base, productive labor force, limited government, strategicSaturday, September 23, 2017 |
|
| Sprott Money |
| Central Bank “Cryptocurrencies”? Just a Different Kind of Funny-Money - Jeff Nielson |
| It is quite hilarious to watch the posturing of central banks
and their media mouthpieces on the subject of cryptocurrencies. A recent
Reuters
article
on the subject provided numerous moments of mirth. The title
alone is good for a chuckle.
Too
Soon to Determine Risks of Central Bank-Issued Cryptocurrencies: BIS
It’s always amusing when these shameless con-men (and women) attempt to
portray themselves as sober arbiters of risk. Those who understand our monetary
system are aware that the fuFriday, September 22, 2017 |
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