Articles related to nation
 
Rory Hall - Sprott Money
China and Russia: Full Steam Ahead Towards a Cashless Society - Rory Hall
We reported back in November 2016 – Cashless World: 1 out of 3 People Never Use Cash – fewer and fewer people understand the importance of using cash to protect themselves from an overarching government warlord. At the time, China’s use of digitized currency was growing at about 40% per annum. This means millions of people each year freely hand over their cash and opt to use their cell phone, online currency transfers or a plastic debit/credit card to make 100% of their purchases. We see t
Wednesday, October 18, 2017
Jeff Clark - Goldsilver
History Says Global Debt Levels Will Lead to Another Crisis
It may feel like we’ll escape a debt crisis since, well, the world hasn’t ended in spite of runaway debt levels. Some of us hard money people feel like we’re taking crazy pills; how the heck can debt be so out of control, so completely unpayable, and yet the financial system keeps chugging along as if nothing’s wrong?Well, history has a message for us: the current calm won’t last forever, because there is a direct link between government debt levels and the number of financial crises that occur.
Wednesday, October 18, 2017
Chris Powell - GATA
Silver coin proposal discussed on Mexican TV by Salinas Price
Hugo Salinas Price, president of the Mexican Civic Association for Silver, was interviewed on television in Mexico on Saturday about his proposal for Mexico's central bank to issue an undenominated silver coin whose price in pesos would be guaranteed by the bank not to fall. Such a coin, Salinas Price explained, would provide a practical savings vehicle for ordinary Mexicans. It also would monetize a natural resource in which Mexico surpasses the world and thereby strengthen the nation's sovere
Wednesday, October 18, 2017
Andy Hoffman - Miles Franklin
The Central Planners Lullaby
We seem to be in a lull in market moving news, or is it more the gyrations within the market that have been put to sleep?  The question offers an implication that the exchanges and human emotions “used” to be connected, which in the past, these major events would have caused market fluctuations in price. It is most famously known as market volatility. We have mentioned previously how the damages to an entire string of islands and flooded land masses seem to mean nothing to the markets, but are t
Tuesday, October 17, 2017
Mark O'Byrne - gold.ie
Puerto Rico Without Electricity, Wifi, ATMs Shows Importance of Cash, Gold and Silver
– Puerto Rico without electricity, wifi, ATMs shows importance of cash, gold and silver – Most of Puerto Rico remains in the dark and without power three weeks after storm – With widespread power failures, Puerto Rico remains cash only with retailers only accepting cash and few consumer having cash – Shortages of food, fuel and medicine with infrastructure repairs delayed – Power could be ‘out for months’ as 85% of people remain off the grid – Around 75% of ATMs disconnected – Electronic forms o
Monday, October 16, 2017
Adrian Ash - Bullion Vault
LBMA 2017: Spain, Silver and 'Lower Forever'
Precious metals history and macro-outlook from LBMA conference... LITTLE so far on precious metals prices or supply and demand at LBMA 2017 here in Barcelona, writes Adrian Ash at BullionVault. Not directly at least. But the market itself cares little about price direction. The refiners, carriers, vaulters, dealers, brokers and bankers meeting at the London Bullion Market Association's annual conference focus instead on volumes, margin and – most of all – get
Monday, October 16, 2017
Nathan Lewis - New World Economics
  The Silliness of the Bretton Woods Years
We’re continuing our look into One Nation Under Gold (2017), by James Ledbetter. October 2, 2017: One Nation Under Gold (2017), by James Ledbetter Ledbetter glided quickly over the period from 1914 to 1931, taking up the story again in earnest with the British devaluation of 1931 and, especially, the U.S. devaluation of 1933. This was treated with some interesting detail. However, Ledbetter made almost no mention of the fact that the U.S. returned to gold at the beginning of 1934 at $35/oz., and
Monday, October 16, 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
Bullion Vault
Gold Price Hits 2-Week Dollar, Euro High Ahead of Catalan 'Independence' as Shanghai Premium Leaps, Turkish Lira Sinks
The GOLD PRICE touched 2-week highs for Dollar and Euro investors on Tuesday, extending the metal's rally from Friday's 8-week low to 2.4% as world stock markets slipped further from last week's new record high. Major government bond prices also slipped with stocks, edging yields higher. Betting on the likelihood of a US interest-rate rise when the Federal Reserve meets in December
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
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
Bullion Vault
Gold Bars +2.6 for Week So Far as US Fed Dents Dollar, T-Bond Correlation Grows Ever-Stronger
GOLD BARS traded in London's wholesale market rose sharply early Thursday as the Dollar fell on the currency market following 'dovish' comments in the US Federal Reserve's latest policy-meeting notes. The greenback then rallied and gold slipped to $1292 per ounce after new data showed US producer price inflation beating analyst forecasts for September with a 2.6% annual rate. Minutes from the Fe
Monday, October 9, 2017
Peter McKenzie-Brown - Language Instinct
Playing the Enemy
A commentary on a great read In Playing the Enemy, John Carlin tells the story of the final of the 1995 Rugby World Cup and the decisive role it played in creating a real post-apartheid South African nationalism. The author interviewed many of the people in the book, including Mandela, the rugby team and its management, Mandela's bodyguards, African National Congress insiders, and the head of the apartheid South African intelligence service. He has woven their lives and reactions to the game int
Sunday, October 8, 2017
Chris Powell - GATA
Hugo Salinas Price: The gold worm on the yuan hook
If China really starts facilitating an oil trade in yuan that are quickly convertible to gold in Shanghai, Hugo Salinas Price writes today, oil sellers will not be the only ones interested in such transactions. As the gold price rises from increased demand in the oil trade, Salinas Price writes, other sellers of commodities probably will start wanting gold in exchange as well. Salinas Price, president of the Mexican Civic Association for Silver, concludes: "The implications I see for the Chines
Friday, October 6, 2017
James Howard Kunstler
  Light It Up 
War, children, It’s just a shot away It’s just a shot away — You Know Who Grinning like Wonderland’s Cheshire Cat, the Golden Golem of Greatness pronounced this interval of fine fall weather “the calm before the storm.” Hmmmm. Talk about cryptic. This was less than a week after he verbally smacked down Secretary of State Rex Tillerson for “wasting his time” trying to diplomatically reach “Little Rocket Man… “ whereby Rex riposted, calling the President a “moron.” Ordinarily — say, during the pa
Friday, October 6, 2017
Bullion Vault
Gold Price Sinks, Platinum -11 in 4 Weeks as Stocks Up, Vix Down to Record, US Fed 'Pencils In' Rate Hike
GOLD PRICES sank to 8-week lows against a rising Dollar on Friday as yesterday's fresh all-time highs in global equities were followed by US data showing joblessness in the world's largest economy falling to a fresh 16-year low. "I have penciled in a third rate hike in December," said Federal Reserve voting member Patrick Harker to CNBC on Thursday, "[although] we have to see how the inflation dynamics play out."
Friday, October 6, 2017
Mac Slavo - ShtfPlan
Catalan Independence: Why The Collective Hates It When People Walk Away
This report was originally published by Brandon Smith at Alt-Market.com I have written many times in the past about the singular conflict at the core of most human crises and disasters, a conflict that sabotages human endeavor and retards critical thought. This conflict not only stems from social interaction, it also exists within the psyche of the average individual. It is an inherent contradiction of the human experience that at times can fuel great accomplishment, but usually leads to great
Friday, October 6, 2017
Mac Slavo - ShtfPlan
WARNING: There Is Going to be an Attempted Communist Revolution on Nov. 4
This article was originally published by Daisy Luther at The Organic Prepper There could be more trouble than we ever imagined headed our way on November 4th when a bunch of folks who aren’t happy about Trump and Pence attempt to overthrow the government in a Communist revolution. Groups like Antifa, Resist Fascism, and the Revolutionary Communist Party have been meeting for months to openly plan sedition and organize what they promise will be massive protests all over the country. Don’t be sur
Thursday, October 5, 2017
Przemyslaw Radomski CFA - SunshineProfits
Catalonia Referendum and Gold
On Sunday, there was an independence vote in Spain’s Catalonia. What does it mean for the gold market? First of all, let us offer sincere condolences to the families and friends of the victims of the shooting spree in Las Vegas and of clashes with police in Catalonia. According to preliminary results, 90 percent of voters in Sunday’s were in favor of independence. The electoral turnout was about 43.5 percent, as about 2.26 million of 5.3 registered Catalans went to the ballot box. But let’s prov
Thursday, October 5, 2017
Bullion Vault
Gold Prices Rise for UK + Euro Investors as Catalan Banks Look for Exit, Hapless May Risks Leadership
GOLD PRICES slipped against a rising US Dollar in London trade Thursday, cutting the metal's recent losses in terms of other currencies such as the Euro as political tensions rose in the UK and Spain. Ahead of Friday's official monthly jobs estimate, the Dollar price of gold held around $1275 per ounce as new data showed claims for jobless benefits rising less than analysts forecast last week. T
Thursday, October 5, 2017
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