Articles related to Spain
 
Mike Hewitt - Dollar Daze
  Hyperinflation around the Globe 
Angola (1991-1999) Angola went through the worst inflation from 1991 to 1995. In early 1991, the highest denomination was 50,000 kwanzas. By 1994, it was 500,000 kwanzas. In the 1995 currency reform, 1 kwanza reajustado was exchanged for 1,000 kwanzas. The highest denomination in 1995 was 5,000,000 kwanzas reajustados. In the 1999 currency reform, 1 new kwanza was exchanged for 1,000,000 kwanzas reajustados. The overall impact of hyperinflation: 1 new kwanza = 1,000,000,000 pre-1991 kwanzas.
Monday, April 23, 2018
Egon von Greyerz - Matterhorn AM
CENTRAL BANKERS NEVER GET IT RIGHT
Central bank heads have been at it again last week. And they have clearly all been singing from the same hymn sheet. The messages have been very similar from the bosses of the Fed, ECB and BOJ. The head of the Swedish Riksbank had a different and much more interesting message. More about that later. Why should we ever listen to any of these self-important central bankers. They are consistently inaccurate in their forecasts and policies. Their timing is always wrong as they are always behind the
Friday, March 9, 2018
Mark O'Byrne - gold.ie
  Gold $10,000 Goldnomics Podcast Quotations and Transcript
In the latest Goldnomics latest podcast, we consider whether the gold price will reach $10,000 per ounce in the coming years and what factors will drive prices. Watch on YouTube or read the quotations and transcript below. Dave: Hello and welcome to the Goldnomics podcast where we look at global markets through the lens of precious metals. And you can keep your eye out for new episodes on iTunes, on SoundCloud and also on YouTube and you can like us on Facebook and follow us on Twitter. And wso
Sunday, March 4, 2018
Chris Martenson
Make Your Choice: Change By Pain Or Insight
Most experienced investors know the four most dangerous words are: This time is different.  It never is.  And yet one of my key predictions here at Peak Prosperity is that The next twenty years will be completely unlike the last twenty years. So am I saying that things really will be different this time? Yes, I am. But to understand why, you have to look closely at the unprecedented moment in history in which we live, as well as how the Three E’s – the Economy, Energy and Environment – all tie
Saturday, March 3, 2018
Bullion Vault
Gold Flirts with $1300 on Solid US, Euro Inflation Data But China's Demand to Buy Supports
BUY GOLD prices in London's wholesale market erased the last of 2018's previous 4.9% gain on Thursday, falling back near $1300 per ounce after new US inflation data came in stronger than analysts forecast. The PCE measure of US consumer costs rose 1.7% in January from the same month last year, the Bureau of Economic Analysis reported, holding the same pace of inflation as December.
Friday, March 2, 2018
Charleston Voice
Banker Gold Price Suppression Currency Manipulations Have Persisted for 50 years
This 1967 meeting of the FOMC nearly 46 years ago is clear and indisputable evidence of gold price suppression and currency manipulation of the world's "free" and "open" market exchanges.  This criminal cabal has certainly built up their mechanisms since this time to conceal their sinister scheme from issuing dishonest money. It's blatant now and all of "in your face" is their behavioral response to inquiry. Damn the torpedoes, full steam ahead. If you find this too cumbersome to read, the Fed
Saturday, February 24, 2018
Egon von Greyerz - Matterhorn AM
OWN GOLD BEFORE PANDORA REOPENS THE BOX
In the old Greek mythology, the opening of Pandora’s box unleashed many evils on the world. Within the next few years, we will see a modern Pandora’s box being opened that will lead to events in the world which will be as devastating as when the ancient box was opened. The very big difference is that this time the consequences will not be part of historical mythology. Instead they will be real and catastrophic for the whole world on a scale never experienced in history. Pandora – the all giving
Friday, February 23, 2018
Mike Hewitt - Dollar Daze
The History of Money: Peru
Peru is the nineteenth largest country in the world and is a diverse land, both in terms of people and geography. It is populated by over 29.2 million peopl, largely descended from Spanish settlers, native Inca, and pre-Inca cultures. Peru has three national languages: Spanish, Aymara, and the native Quechua, reflecting the native Indian and Spanish roots that cultiv
Saturday, February 3, 2018
Bullion Vault
Gold Prices 'Will Rise in Battle of Inflation vs. Deflation' But GLD Shrinks on Yellen's Final Fed Vote
GOLD PRICES fell back below $1340 per ounce in London's wholesale trade Thursday despite the US Dollar slipping again on the currency market after the Federal Reserve's "no change" decision on interest rates overnight. Janet Yellen's final meeting as Fed chair saw policymakers at the US central bank signal they're on track to take rates up to 1.75% at the March meeting, agreeing that inflation expectations are rising.
Thursday, February 1, 2018
Mish - Global Economic Analysis
Eight-Year Positive Cycle for Gold Starting Now
McClellan Financial says an eight-year cycle for gold is about to start and the next five years will likely be good onesVia email from Tom McClellan, please consider Gold's 8-Year Cycle. We are now entering the upward phase of gold’s 8-year cycle, and that should bring some fun gains. And this comes at a time when gold has not been getting much of investors’ attention. If gold stays flat for a year, and Bitcoin twinkles to get all of the attention, speculators eventually drift away from gold.
Saturday, December 30, 2017
Mike Hewitt - Dollar Daze
America's Forgotten War Against the Central Banks
"Let me issue and control a nation's money supply, and I care not who makes its laws." (Mayer Amschel Rothschild, Founder of Rothschild Banking Dynasty) Many prominent Americans such as Benjamin Franklin, Thomas Jefferson, and Andrew Jackson have argued and fought against the central banking polices used throughout Europe. A note issued by a central bank, such as the Federal Reserve Note, is bank currency. These notes are given to the government in exchange for an interest-bearing g
Friday, December 29, 2017
Phoenix Capital - Gains Pains & Capital
Bitcoin Gets the Gold Treatment- Futures Roll Over FOMO Crowd
We Told You First- Bitcoin is Going to Be made To Heel per its Banking - Government Overlords.  Written by Soren K., Bon Scott, and Fay Dress for the Soren K.Group There is no Bretton Woods agreement to repeal here. Therefore, just control the upstart before if gains traction is all that needs to be done. And it is being done right now. Bitcoin as a potential alternative  to sovereign fiat is being strangled in the crib right now via futures listing in the US and banning in the Asian markets. We
Sunday, December 24, 2017
Mish - Global Economic Analysis
Pro-Independence Parties Win: President in Exile Possible
Congrats to the pro-independence parties in Catalonia for their upset victory following Rajoy's fraudulent takeover.Three cheers to the pro-independence movement in Catalonia for winning once again. This victory follows Spain's violent crackdown and illegal jailing of Catalonia leaders. Rajoy's PP party was humiliated with a mere 3 seats out of 135. Those were the worst results in history of PP. The independence forces will get 70 seats in parliament validating the absolute majority they obtaine
Sunday, December 24, 2017
Lew Rockwell
  Can Anarcho-Capitalism Work 
The term “anarcho-capitalism” has, we might say, rather an arresting quality. But while the term itself may jolt the newcomer, the ideas it embodies are compelling and attractive, and represent the culmination of a long development of thought. If I had to boil it down to a handful of insights, they would be these: (1) each human being, to use John Locke’s formulation, “has a property in his own
Friday, December 22, 2017
Chris Powell - GATA
Keith Barron struck it rich in Ecuador and now is looking for the lost cities of gold
Keith Barron is deep inside a Vatican library, hunkered over a 17th century tome bound in Moroccan red leather. "The country is the richest in gold in all the Indies," reads one passage. "The natives are cannibals and very warlike, and devastated the city of Logroño de los Caballeros, massacring the Spaniards and burning the churches." A geologist by training, amateur historian and professional gold hunter, Barron is on a mission. Ecuador's two "lost cities of gold" exist only in legend and in f
Wednesday, December 20, 2017
George F. Smith - Barbarous Relic
The dangerous dream of secession 
A fundamental requirement for lasting peace and prosperity is to reject government by coercive monopolies such as we have had for all of human history.How anyone can expect a government invested with a monopoly on violence to restrain itself from bullying people whenever it can get away with it is difficult to understand.Most people apparently refuse to explore alternatives to statism and hope their particular government doesn’t go the way of Zimbabwe or Venezuela — or Nazi Germany or Soviet Rus
Sunday, December 17, 2017
Alasdair Macleod - Finance and Eco.
Europe, Brexit and the credit cycle 
Europe’s financial and systemic troubles have retreated from the headlines. This is partly due to the financial media’s attention switching to President Trump and the US budget negotiations, partly due to Brexit and the preoccupation with Britain’s problems, and partly due to evidence of economic recovery in the Eurozone, at long last. And finally, anyone who can put digit to computer key has been absorbed by the cryptocurrency phenomenon.Just because commentary is focused elsewhere does not mea
Friday, December 15, 2017
Mark O'Byrne - gold.ie
UK Pensions Risk – Time to Rebalance and Allocate to Cash and Gold
– Value of Sterling and increased risks place pressure on pensioners both in UK and abroad– 500,000 British expats face ‘frozen’ pensions– 61% of UK Direct Benefit pension schemes have more money going out than coming in– OECD report finds ‘UK workers face the biggest retirement cliff edge in developed world’– Combined pension deficit of FTSE 350 companies is at 70% of their profits– One in three wealth managers are holding cash for clients in anticipation of a market crash Source: Professionalp
Thursday, December 14, 2017
Mark O'Byrne - gold.ie
Bailins Coming In EU – 114 Italian Banks Have NP Loans Exceeding Tangible Assets
– Italy opposes ECB proposal that holds banks to firm deadlines for writing down bad loans– Italy’s banks weighed down under €318bn of bad loans– New ECB rules could ‘derail’ any recovery in Italy’s financial system– Draft proposal requires banks to provision fully for loans that turn sour from 2018– ECB insists banks have better access to collateral on delinquent debt to solve problem– Investors should secure assets as proposal suggests more bailins on horizon and banks remain at risk Source: 
Wednesday, December 13, 2017
Mish - Global Economic Analysis
An Italian Regulator's Risk-Sharing Plan to "Cure the Eurozone"
Marcello Minenna, a division head at the Italian securities regulator, emailed his plan to "Cure the Eurozone".Marcello Minenna, the head of Quantitative Analysis and Financial Innovation at Consob, the Italian securities regulator, pinged me recently with his plan to save the Eurozone. The plan requires debt guarantees with a catch: The catch is the guarantees have a price: The riskiest countries have to pony up the most for debt insurance. His thoughts are in a downloadable PDF on Curing the
Friday, December 8, 2017
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