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| RATIOS & INDEXES |
| Gold / Silver | 63.00 |
| Gold / Oil | 12.58 |
| Dowjones / Gold | 13.04 |
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 | Articles related to Purchasing Power |  |
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 | Adrian Douglas - Market Force Analysis |
Central Banks are NOT ordinary Gold Investors  |
| Central banks do not sell gold to get a few billion of their own fiat money in return, money they probably would throw on top of the stack of half a trillion freshly printed notes that rolled off their presses just that morning. No, central banks sell gold to make it appearMonday, December 02, 2013 |
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 | Mike Maloney - Goldsilver |
 First Hand Account - How Gold Jewelry Can Save Your Life  |
| In 1981, a 10-year-old Vietnamese girl, her parents and nine brothers and sisters began preparing for a perilous journey, a journey they knew they might not survive.
Since the fall of Saigon and the end of the Vietnam War in April 1975, life had been hard for the little girl’s family. The Communist government of North Vietnam inherited a country deeply divided, devastated by war, and on the verge of economic collapse. In an attempt to unify the country, the government instituted a centrally pMonday, November 25, 2013 |
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 | Michael Pento - Delta Global Advisors |
Bernanke's Broken Record  |
| By now we have all heard it many times before...the Fed's mantra about ending
QE is starting to sound just like a broken record. Our central bank is aware
it has to stop manipulating credit and interest rates some day, and on a basic
level it really wants to end that game, but the right time never seems to come.
Sort of like someone who wants to quit smoking is often heard exclaiming that
this will be his last pack of cigarettes. But a hundred cartons later he's
still puffing away. HTuesday, November 12, 2013 |
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 | Chris Ciovacco - Ciovacco Capital Management |
| Currency Wars: Money-Printing Wind At Stock Market's Back |
| While common sense tells us "printing our way to prosperity" seems like an
unlikely longer-term outcome, in the short run it can help push stock prices
higher. From Bloomberg:
The global currency wars are heating up again as central banks embark
on a new round of easing to combat a slowdown in growth. The European Central
Bank cut its key rate last week in a decision some investors say was intended
in part to curb the euro after it soared to the strongest since 2011. ThTuesday, November 12, 2013 |
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 | Ranting Andy - Miles Franklin |
| Money Printing Madness |
| The reason the Miles Franklin Blog is so popular is we tell it like it is. Sure, there are other “good, smart people” out there; but none that write so comprehensively, every day, with three seasoned financial market experts operating from the platform of one of the nation’s largest bullion dealers. And oh yeah, we do it for free.
I had a number of important topics queued up for today, but experiencing the madness that this morning’s “markets” have been, I’ve done a 180 degree turn. That’s thFriday, November 08, 2013 |
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 | Thorsten Polleit - Mises.org |
| Central Banks: The True Centers of Political Power |
| Central banks keep increasing the money supply, and yet it looks like there’s still confidence in those fiat currencies.
Thorsten Polleit:
Indeed. Policymakers obviously succeeded in taking panic out of the markets and, at the same time, creating the impression that their actions would
“rescue” thFriday, November 08, 2013 |
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 | Mish - Global Economic Analysis |
| Prime Minister Abe Calls for Wage-Price Spiral to Create "Virtuous Circle"; Shame Shame |
| Japan's prime minister Shinzo Abe managed to get prices to rise. He did that with his policy to destroy the Yen even though Japan is heavily dependent on foreign oil and food imports.
Interestingly, Abe is not precisely pleased with the results. Abe now complains that wages are not keeping up with prices. He wants a wage-price spiral on top of it all.
The Financial Times reports Bank of Japan minutes expose fears over lack of wage rises.
Board members at the Bank of Japan have expressed fearThursday, November 07, 2013 |
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| Mish - Global Economic Analysis |
| Abe's Calls for Wage-Price Spiral to Create "Virtuous Circle"; Shame Shame |
| Japan's prime minister Shinzo Abe managed to get prices to rise. He did that with his policy to destroy the Yen even though Japan is heavily dependent on foreign oil and food imports.
Interestingly, Abe is not precisely pleased with the results. Abe now complains that wages are not keeping up with prices. He wants a wage-price spiral on top of it all.
The Financial Times reports Bank of Japan minutes expose fears over lack of wage rises.
Board members at the Bank of Japan have expressed fearWednesday, November 06, 2013 |
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| Ranting Andy - Miles Franklin |
| Are Bitcoins Money? |
| Earlier this year, Bitcoin had an historic run – from 110 on April 2nd to a record high of 265 on April 10th. Just hours before the peak, I gave thisinterview (time stamp 8:35 through 10:50), in which I gave my views on Bitcoin the product, and the market. In fact, I said it appeared much like the 1999 internet bubble – which in hindsight, turned out to be quite prescient; as by the time the crash ended a week later, Bitcoin had fallen all the way to 55, down 79%. As always, the “Johnny ComeTuesday, November 05, 2013 |
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 | Dennis Miller - Casey Reseach |
| The Big Squeeze on Your Wallet |
| As the politicos in Washington continue to move the deck chairs around on the Titanic, ignoring the monster iceberg in plain sight, I'm keeping my eyes wide open. Here are a few tidbits from a recently published Social Security Administration factsheet:
An estimated 161 million workers—94% of all workers—are covered under Social Security.
In 1940, the life expectancy of a 65-year-old was almost 14 years; today it is more than 20 years.
By 2033, the number of older Americans will incTuesday, November 05, 2013 |
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 | Charleston Voice |
| China's Gold Hoarding Continues: Over 2,200 Tons Imported In Two Years |
| Submitted by Tyler Durden on 11/02/2013
Source ZH
Paper gold in the developed world may trade based on the whims of marginal momentum chasers, and of course, the daytrading mood of the BIS gold and FX trading desk, but when it comes to physical gold and China's appetite for it, one word explains it best: unstoppable
After rising to a gross 131 tons imported from Hong Kong alone in August, which was the second highest ever monthly import tally, September saw a modest decline to "only" 11Saturday, November 02, 2013 |
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 | Deepcaster |
| An Essential Strategy for Profit & Protection |
| "Facebook creates less business value than any other digital marketing opportunity ... [so] ... Don?' dedicate a paid ad budget for Facebook" We asked 395 executives from the US, the UK, and Canada how satisfied they were with the business value they get from 13 different online marketing sites and tactics. You?d expect a site boasting the largest audience and the biggest collection of data to fare well. But we found that Facebook offered less value than anything else on our list .... The leastSaturday, November 02, 2013 |
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| Mish - Global Economic Analysis |
| Hollande's Tax Everything Plan Blows Sky High With Riots by Farmers; Hollande Backs Down on Ecotax, |
| President Francois Hollande wants to balance the French deficit by taxing the rich, taxing the poor, taxing trucks, raising the VAT, and increasing the tax on corporations.
That policy blew sky high this week in a storm of riots by Brittany farmers.
Please consider French Gov't Backs down on Truck Tax After Riots
French Prime Minister Jean-Marc Ayrault on Tuesday indefinitely suspended the introduction of a green tax on trucks following riots at the weekend in the Brittany region.
The movThursday, October 31, 2013 |
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| Chris Ciovacco - Ciovacco Capital Management |
| Markets Should Expect 'More Cowbell' From Yellen Fed |
| Problem Solving Bias - We All Have It
Studies show that we all approach problems with an educational bias. For example,
engineers develop solutions with math, and CFOs approach problems from a financial
perspective. Therefore, it is not surprising that central bankers look at all
the problems in the world through a money-printing lens. There is little evidence
to support central bankers abandoning this bias in the coming months. From Yahoo
Finance:
"We know what the Fed is going to Wednesday, October 30, 2013 |
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 | Bron Suchecki - Perth Mint |
| Why gold's contango suggests central bank interference |
| In Faux Gold Arbitrage I mentioned that Tom makes the case that if anything, backwardation should be the normal state for gold. His paper arguing that case is in the clear on his site here and was also noted by GATA here.
Tom's argument is that contango, and not backwardation, should be the natural state for gold and thus the fact that gold has been in contango for "essentially all of the last 25 years strongly suggests central bank interference with the gold market." It is a counterfactual, Monday, October 28, 2013 |
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 | Mac Slavo - ShtfPlan |
| Prelude to Disaster: The Coming Instantaneous Collapse of Obamacare Services |
| There is no doubt that President Obama’s health care system promises to fundamentally transform America. It’s been touted as the saving grace of the working class.
But how feasible is it really?
We know it’s essentially a wealth redistribution scheme that takes money from one group of people in the form of forced tax payments, only to shift that money into the pockets of those who didn’t earn it in the form of government subsidies to their health care premiums.
But like all universal programs, tMonday, October 28, 2013 |
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 | Andy Sutton |
| The Madness Continues |
| Now that another annoying gut check moment is safely in the rearview mirror, we can all get back to the business of filling the punch bowl yet another time. Yep, once again, we?ve proven ourselves to be among the dimmest of bulbs and are going right back to the bag of tricks that isn?t working anymore, but nobody seems to be noticing that ? at least not on a meaningful level.Yes, I?m referring to the umpteenth opening of the monetary spigots announced gleefully in the mMonday, October 28, 2013 |
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 | Jason Hamlin - Gold Stock Bull |
| 12 Reasons Why Gold Will Rebound and Make New Highs in 2014 |
| Investor sentiment towards precious metals is at the lowest level in over a decade. Many analysts believe the bull market is over and are calling for sub-$1,000 gold in 2014. Even diehard gold bugs are losing faith, as the correction has been longer and more severe than most had anticipated.
So, is it time to throw in the towel? Is the bull market in precious metals really over?
In order to answer this question, I thought it would be constructive to re-visit the fundamental drivers of the gold pMonday, October 28, 2013 |
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 | Jeffrey Lewis |
| Silver in a Deflationary Crash |
| Silver may be the good news metal, but it's about to have a serious retest of its “bad news” capacity.The 1970’s It's been a long while since we've witnessed visible inflation.The last time occurred after Bretton Woods was rescinded in 1971 and the US Dollar was allowed to float. Essentially, this was yet another in a series of defaults. Inflation rates soared.Stealth InflationOne of the most effective perceptual tricks played on the mainstream has been the modification of consumer price inflatiMonday, October 28, 2013 |
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 | Alasdair Macleod - Finance and Eco. |
| The adverse effects of monetary stimulation |
| A number of people have asked me to expand on how the rapid expansion of money supply leads to an effect the opposite of that intended: a fall in economic activity. This effect starts early in the recovery phase of the credit cycle, and is particularly marked today because of the aggressive rate of monetary inflation. This article takes the reader through the events that lead to this inevitable outcome.There are two indisputable economic
facts to bear in mind. The first is that GDP is simply a mMonday, October 28, 2013 |
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