Articles related to Trillion
 
Mike Hewitt - Dollar Daze
Worthless Trillion Dollar Paper 
In 2009 Zimbabwe announced that it will issue a new set of notes which will include a 10 trillion, 20 trillion, 50 trillion and 100 trillion denomination. One commentator stated that these notes will be introduced to "keep pace with the hyperinflation that has caused many
Saturday, October 21, 2017
Dave Kranzler - Sprott Money
  Get Ready To Party Like It’s 2008 - Dave Kranzler
Apparently Treasury Secretary, ex-Goldman Sachs banker Steven Mnuchin, has threatened Congress with stock crash if Congress doesn’t pass a tax reform Bill. His reason is that the stock market surge since the election was based on the hopes of a big tax cut. This reminds me of 2008, when then-Treasury Secretary, ex-Goldman Sachs CEO, Henry Paulson, and Fed Chairman, Ben Bernanke, paraded in front of Congress and threatened a complete systemic collapse if Congress didn’t authorize an $800
Saturday, October 21, 2017
Jason Hamlin - Gold Stock Bull
Bitcoin Hits $6,000, Equivalent to $100 Billion Market Cap
Bitcoin Price Rockets to New Record of $6,000! The Bitcoin price briefly touched $6,000 today, before correcting a bit. The price rise is being driven by a number of factors, including an upcoming Bitcoin Gold fork. Investors are buying Bitcoin in anticipation of this fork, as they will likely receive an equal number of new tokens in Bitcoin Gold for every Bitcoin they hold. The price chart below shows the rapid rise over the past month. The hard fork is projected to occur in 5 days, on October
Friday, October 20, 2017
Mac Slavo - ShtfPlan
How The Elite Dominate The World – Part 2: 99.9 Of The Global Population Lives In A Country With A Central Bank
This article was originally published by Michael Snyder at The Economic Collapse Even though the nations of the world are very deeply divided on almost everything else, somehow virtually all of them have been convinced that central banking is the way to go. Today, less than 0.1% of the population of the world lives in a country that does not have a central bank. Do you think that there is any possible way that this is a coincidence? And it is also not a coincidence that we are now facing the gr
Friday, October 20, 2017
Phoenix Capital - Gains Pains & Capital
Happy Black Friday
Amsterdam | As the financial world happily fixates on who will be the next Fed Chairman, I am in Europe celebrating the 30th anniversary of Black Friday, October 19, 1987. Three decades ago, I was on a trading desk at Bear, Stearns & Co in London along with David, Joey, Gregory, Peter and Paul, among others. We had just finished a remarkable four year run, but the party was over. That fateful day, our Treasury/MBS trader Matt got his eyes ripped out early in the day. His big mistake was answe
Friday, October 20, 2017
Jason Hamlin - Gold Stock Bull
What You Know for Sure that Just Ain’t So!
It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so. -Mark Twain We know many things for sure.  Examples are: In 1913 we knew that a European war was unlikely because European countries would not engage in pointless and mutually destructive actions. Later we knew it as “the war to end all wars.” In 1915 we knew that the war would be over in a matter of weeks. In 1929 we knew that the stock market had reached a permanently high price plateau. In
Thursday, October 19, 2017
Keith Weiner - Monetary Metals
Falling Productivity of Debt
Last week, we discussed the ongoing fall of dividend, and especially earnings, yields. This Report is not a stock letter, and we make no stock market predictions. We talk about this phenomenon to make a different point. The discount rate has fallen to a very low level indeed. Discount in stocks is how you assess the present-day value of earnings to occur in the future. For example, if the discount rate is 10%, then a dollar of earnings per share at Acme Piping next year is worth $0.90 today. At
Wednesday, October 18, 2017
Charleston Voice
  Germany's Stolen Gold Reserves - Times are changing - the debts remain (Russian)
Is the US Fedkeeping doublebookkeeper entries -addingGermany's plusothergovernments' goldincluded in the USclaimedreserves of 8,100+ tons? Show metheyaren't. STERN REMINDER:It's notownershipthatcounts - -it'salwayswho has CONTROL! Bereminded ofthistruismwhenitcomes toyourownpersonalbankdeposits and "safe"deposit boxes.
Wednesday, October 18, 2017
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 to
Sunday, October 15, 2017
Stewart Thomson - Graceland Update
Gold's Technical Line Of Concern
The traditional post jobs report rally for gold is in full swing. This is the daily gold chart. Gold arrived at a key Fibonacci line at about $1268 as the US jobs report was released. The dollar has stalled against the yen, and that’s also good news for gold. Gold tends to stage great rallies in the days following the jobs report, and this rally is a particularly interesting one. Here’s why: First, Trump has ratcheted up his “hawk talk” in regards to North Korea and Iran. He’s scheduled to
Thursday, October 12, 2017
Andy Hoffman - Miles Franklin
Print till it Dies
The US Dollar has had a wonderful run in its life time. Not too many fiat currencies have had the ability to sustain its usage for as long as this mighty experiment has and all who have reported on this instrument of trade are pretty much pointing to the same outcome that it can’t last much longer. Today, the US Dollar trade sits at 93.55 down 8.6 points in the early morning on this Columbus Day. Not too long ago the dollar broke thru a multiyear downside target of 91.88 which originally happene
Wednesday, October 11, 2017
Jan Skoyles - GoldCore
London House Prices Are Falling – Time to Buckle Up
– London house prices fall in September: first time in eight years – High-end London property fell by 3.2% in year – House sales down by over a very large one-third – Global Real Estate Bubble Index – see table – Brexit, rising inflation and political uncertainty causing many buyers to back away from market – U.K. housing stock worth record £6.8 trillion, almost 1.5 times value of LSE and more than the value of all the gold in world – Homeowners and property investors should diversify and invest
Wednesday, October 11, 2017
Hugo Salinas Price - Plata.com
  The Gold Worm on the Yuan Hook
Once again, I turn over in my mind the Chinese plan regarding their imported oil, which consists in convincing their oil suppliers to accept yuan in payment (and thus re-directing their sales outside the orbit of the US dollar) with an additional sweetener in case the oil exporters do not wish to hold assets denominated in yuan: the sweetener consists in offering to exchange the yuan received by the oil exporters, for gold purchased on the world markets – and not out of C
Tuesday, October 10, 2017
Adrian Ash - Bullion Vault
¡Viva Gold! LBMA 2017 Goes to Barcelona
Independence a big issue as LBMA conference hits the Catalan capital... THIS WEEKEND kicks off the precious metals chit-chat and all-round fun-fest of the bullion market's key industry event, writes Adrian Ash at BullionVault – the annual LBMA conference... ...cleverly timed this year to take place in Barcelona. You'll f
Tuesday, October 10, 2017
Keith Weiner - Monetary Metals
Stocks Up and Yields Down, Gold and Silver Report 8 Oct 2017
Many gold bugs make an implicit assumption. Gold is good, therefore it will go up. This is tempting but wrong (ignoring that gold does not go anywhere, it’s the dollar that goes down). One error is in thinking that now you have discovered a truth, everyone else will see it quickly. And there is a subtler error. The error is to think good things must go up. Sometimes they do, but why? First, we think it’s a cop-out to say, “well it’s all subjective.” If it were all subjective, then there would be
Monday, October 9, 2017
Egon von Greyerz - Matterhorn AM
10 FACTORS TO PROPEL GOLD 10 FOLD
Inflation is coming and it will have a major effect on the world economy and financial markets. This is one of the factors that will drive gold to levels which few can imagine today. Later in this piece, I am discussing 10 Factors which will make gold surge. No fear Markets are expressing no fear and seem very comfortable at or near all-time tops. There is no concern that stocks are massively overvalued or that bond rates are at historical lows and only have one way to go. Nor is anyone worried
Monday, October 9, 2017
Mark O'Byrne - gold.ie
Global Outlook – Mad, Mad, Mad, MAD World: News in Charts
by  Alarm bells are ringing for economic fundamentalists such as Fathom Consulting. Asset prices look increasingly out of step with fundamentals, and in some cases they look downright bubbly. And other geopolitical developments are similarly alarming. One might even describe them as… Mad: Equity prices in developed economies, and specifically in the US, are more than one standard deviation higher than their long-run average in relation to nominal GDP. Mad: The Nasdaq has again played its part,
Sunday, October 8, 2017
Frank Shostak
Inflation's Not the Only Way Easy Money Destroys Wealth 
The US Federal Reserve can keep stimulating the US economy because inflation is posing little threat, Federal Reserve Bank of Minneapolis President Kocherlakota said. “I am expecting an inflation rate to run below two percent for the next four years, through 2018,” he said. “That means there is more room for monetary policy to be helpful in terms of … boosting demand without running up against generating too much inflation.” The yearly rate of growth of the official consumer price index (CPI) s
Saturday, October 7, 2017
Jan Skoyles - GoldCore
Survey shows UK and US Pensions Crisis is Imminent
Both UK and US drop in Global Retirement Security Rankings US falls due to sharp income inequality and reduced workforce to support retirees UK is two spots away from being in the bottom 10 for government indebtedness FCA’s Andrew Bailey says “clear risk” that savings rate for retirement is too low UK’s retirement savings gap set to widen to £2.3trn due to automation of jobs UK expected to fall into major pensions crisis by 2028 The economics of retirement funding is at breaking point. Thanks
Saturday, October 7, 2017
Antal E. Fekete - Gold University
The Supply of Oxen at the IMF
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Friday, October 6, 2017
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