Articles related to dollars
 
Frank Shostak
The Connection Between Money-Supply Growth and Inflation
In the article “Rapid money supply growth does not cause inflation” written by Richard Vague at the Institute for New Economic Thinking, December 2, 2016, the author argues that empirical evidence shows that increases in money supply has nothing to do with inflation. According to Vague,Monetarist theory, which came to dominate economic thinking in the 1980s and the decades that followed, holds that rapid money supply growth is the cause of inflation. The theory, however, fails an actual test of
Monday, April 23, 2018
Keith Weiner - Monetary Metals
Standing Ready to Lease Gold
We will take another break from capital destruction, to treat a topic which has come up this week. On March 11, we said: “…central bankers do not think about gold. Granted, they once did. In the 1960’s, there was the now-infamous London Gold Pool to keep the price of gold at $35. This is endlessly cited as evidence of current central bank price suppression, without bothering to mention that until 1971 the official US policy was to maintain the dollar to gold exchange rate of $35 to the ounce. …
Tuesday, March 20, 2018
Chris Powell - GATA
Pro-govt. Turkish paper reprints Manly's RT exposure of gold price suppression
Gold researcher Ronan Manly's detailed report for Russia Today on the history and mechanisms of gold price suppression by central banks, called to your attention by GATA a few hours ago -- http://gata.org/node/18112 -- has been quickly reprinted by the Daily Sabah, a major newspaper in Istanbul, Turkey, that is published in English, German, Arabic, and Russian: https://www.dailysabah.com/finance/2018/03/18/central-banks-have-long-hi... While it's good that word of the gold price suppression sche
Monday, March 19, 2018
Bron Suchecki - Goldchat
Once in Golconda
Once in Golconda: A True Drama of Wall Street 1920-1938 John Brooks Allworth Press, 1969 p150: "Its [Wall Street] fixed star-money-had left its regular place in the heavens and begun to wander and dance and lurch. For generations the dollar had been held firmly fixed by a force that was accepted in banking circles as being equivalent to a natural law of astronomy, the gold standard-specifically, by the Treasury's pledge to redeem dollars with gold in any quantity for all comers at $20.67 per fi
Saturday, March 17, 2018
Chris Powell - GATA
Stephen Englander: Why the U.S. Treasury likes a weak dollar
* * * By Steven Englander Bloomberg News Saturday, March 16, 2018 The U.S. Treasury has been stealthily weakening the dollar. It isn’t clear if it is doing so consciously, but since a weaker dollar suits Treasury leadership, there probably isn’t too much concern. The key is that the Treasury is flooding the market with short-term debt that neither domestic nor foreign investors are very interested in buying. The Federal Reserve is capping the yield on the debt with its promises to raise rates g
Saturday, March 17, 2018
Chris Powell - GATA
Iran's break with the dollar is easier said than done
A little over two weeks ago Iran eliminated another function of the U.S. dollar in its internal workings in a move positioned amid yearslong plans to reduce dependency on the greenback. The consequences will be manifold and interconnected, but there are discrepancies in views concerning what will happen as a result among experts and officials. On Feb. 28, the Ministry of Industry, Mines, and Trade announced by way of a directive that all traders are henceforth barred from registering their impor
Saturday, March 17, 2018
Sprott Money
Death Valley Snowballs and Fiat Currencies - Gary Christenson
Keep it simple! Snowballs have a short life expectancy in Death Valley. Fiat currencies, backed by credit and debt, survive longer than snowballs in Death Valley, but history shows all fiat currencies are inflated into worthlessness and eventually die. “U.S. dollars have value only to the extent that they are strictly limited in supply.” Ben Bernanke on November 21, 2002. But we know the supply of dollars has grown rapidly since 1971, and especially after the 2008 crisis while Berna
Saturday, March 17, 2018
Mark O'Byrne - gold.ie
Buy Silver And Sell Gold Now
– Buy silver and sell gold now – Frisby– Gold should cost 15 times as much as silver– Silver might have disappointed in short term – But it’s time to buy – Editor’s note: Silver has outperformed stocks, bonds and gold over long term (see table) For those of you with busy schedules who like to see arguments made in 280 characters or less, let me come straight to the point: the time has come to sell your gold and buy silver. Got that? Right. Now, those of you who are interested to know why I wou
Saturday, March 17, 2018
Andy Hoffman - Miles Franklin
Hypersonic weapons and your standard of living…
Do you believe there is any coincidence the Russians first, followed by the Chinese … announced “hypersonic weapons”? I ask this question for several reasons and will come to a conclusion at the end but for now, with the rollout of the “petro-yuan” set for March 26 is there any coincidence we find out about these weapons now? We were even offered proof over the weekend of successful tests. If that were not enough, what heck is this? Please take the two minutes to watch the video, these are seaso
Saturday, March 17, 2018
Adam Hamilton - Zealllc
Gold Miners’ Q4’17 Fundamentals
The gold miners’ stocks remain deeply out of favor, trading at prices seen when gold was half or even a quarter of current levels.  So many traders assume this small contrarian sector must be really struggling fundamentally.  But nothing could be farther from the truth!  The major gold miners’ recently-released Q4’17 results prove they are thriving.  Their languishing stock prices are the result of irrational herd sentiment. Four times a year publicly-traded co
Friday, March 16, 2018
Keith Weiner - Monetary Metals
Open Letter to GATA
Dear GATA and Mr. Chris Powell: I am writing this in response to your article Monetary Metals’ Weiner refuses to see anything wrong in the gold market. There is a certain irony for me to read that I refuse to see. I have spent eight years studying the mechanics of the market, building a model, developing software to run the model through several generations, and licensing nearly three terabytes of data giving ever bid and offer in both the spot and futures markets with sub-millisecond resolution
Thursday, March 15, 2018
Adrian Ash - Bullion Vault
10 Years of 4-Figure Gold
Spot gold prices first broke $1000 per ounce 14 March 2008... IN FACT the world's first ever $1000 gold deal had happened the day before, writes Adrian Ash at BullionVault. Thursday 13 March 2008 – a day earlier than the wholesale 'spot' gold price finally popped above $1000 per ounce – saw a customer of BullionVault offer the five ounces of gold he held in secure, insur
Thursday, March 15, 2018
Mark O'Byrne - gold.ie
Gold Cup At Cheltenham – Gold Is For Winners, Not For the Gamblers
– Gold Cup at Cheltenham – ‘The Olympics’ of the European horse racing calendar   – Gold Cup trophy contains 10 troy ounces of gold – worth £9,000 – £620 million bets on horses, 230,000 pints of Guinness will be drunk, 9.2 tonnes of potato eaten  – Since the 5th century BC, gold has been the ultimate prize to award champions and gold has been constantly and universally awarded as top prize  – Gold, like the summit of human achievement, is very rare and hence precious – Gold is a great prize and
Thursday, March 15, 2018
Chris Powell - GATA
Monetary Metals' Weiner responds but answers nothing
* * * 1p ET Wednesday, March 14, 2018 Keith Weiner of Monetary Metals, whose recent commentary, "Super-Duper-Irrational Exuberance" was disputed by your secretary/treasurer yesterday -- http://www.gata.org/node/18102 -- today responds to the criticism but answers nothing about it. In his "Open Letter to GATA," posted at GoldSeek here -- http://news.goldseek.com/GoldSeek/1521038153.php -- Weiner continues to ignore all the documentation GATA has collected over nearly 20 years to show that centra
Wednesday, March 14, 2018
Andy Hoffman - Miles Franklin
Silver Purchasing Power
This article was written for Miles Franklin by Gary Christenson. We know: a) Federal Reserve and U.S. government policies devalue the dollar—down about 98% since 1913. b) US. government spending is out of control, increases every year, regardless of revenues, and shows no sign of plateauing or declining. c) Few people encourage balanced budgets and LESS spending. All government agencies, lobbyists, congresspersons, military contractors, and many corporations encourage MORE spending, and by neces
Wednesday, March 14, 2018
Bullion Vault
Gold Price Spikes vs. Dollar as Trump Sacks Tillerson 'Cos of Russia', Inflation Rises
GOLD PRICES leapt against a sinking Dollar on Tuesday but quickly fell back after US consumer prices showed the fastest inflation in 6 months and US President Donald Trump sacked his Secretary of State Rex Tillerson with a tweet, one day after Tillerson called Russia "a force for instability in the world." Trump had tweeted overnight that the House Intelligence Committee " found no evidence of collusion or coordination" between his 2
Wednesday, March 14, 2018
Mac Slavo - ShtfPlan
How Will Gold Prices Behave During The Next Economic Crisis
This report was originally published by Brandon Smith at Alt-Market.com It is generally well known in economic circles and in the general public that precious metals, including gold, tend to be the go-to investment during times of fiscal uncertainty. There is a good reason for this. Precious metals have foundation qualities that provide trade stability; these include inherent rarity (rather than artificially engineered rarity such as that associated with cryptocurrencies), tangibility (you can
Tuesday, March 13, 2018
The Energy Report
Two Cutting-Edge Energy Efficiency Companies Team Up to Capture Growing Market
A unique energy efficiency company whose client base runs from a Premier League football stadium to fast food outlets in the Middle East to a data center in the UK is joining forces with a company that brings a unique suite of energy efficiency solutions. Companies and residences are always looking for ways to cut energy costs and Smartcool Systems Inc. (SSC:TSX.V, SSCFF:OTC.MKTS, R3W:FSE) has been on the cutting edge of developing ener
Tuesday, March 13, 2018
Keith Weiner - Monetary Metals
Super-Duper-Irrational Exuberance
Think back to the halcyon days of the dot com boom. This was a time after Greenspan declared “irrational exuberance”. Long Term Capital Management collapsed in 1998, and Greenspan decided to risk propelling exuberance to a level beyond irrational. Super-duper-irrational exuberance? Anyway, Greenspan cut interest rates a few times in late 1998. Technology companies were able to raise $5 million or more with just a sketch on a napkin (“serviette” for those outside the US). Companies at a “later st
Tuesday, March 13, 2018
Mish - Global Economic Analysis
Goldilocks vs the Bears: Is She in the Room or Out of the Room
Let's investigate belief in Goldilocks vs belief in Bears. John Rubino at DollarCollapse says A Bull Market For The History Books — Bear Market To Follow Shortly. Why the current expansion/bull market has so long is open to debate. What’s undeniable, though, is the vast amount of malinvestment that has accumulated. The biggest example might be corporations borrowing hundreds of billions of dollars to buy back their stock at record high prices. See Record Buybacks at Worst Possible Time. If thos
Tuesday, March 13, 2018
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