| Articles related to purchasing power of gold |
|
| |
 | Alasdair Macleod - Finance and Eco. |
| The origin of cycles |
| It was Karl Marx who was among the first believers that cyclical behaviour was endemic to free markets.He lived through a time when there was a regular cycle of boom and bust, with phases of economic expansion followed by contraction. Workers were employed and then unemployed, and the only way this could be stopped, in Marxian economics, was for the workers to acquire the means of production, or more correctly, the state to do so on their behalf.Other economists, such as Jevons and Wicksell, recSunday, January 24, 2021 |
|
 | Robert Blumen - 24hgold |
 Is Gold Money  |
| Is Gold Money ? Many would say so, but is it so ? The answer the question of whether Gold is money requires a definitionTuesday, November 24, 2020 |
|
| Alasdair Macleod - Finance and Eco. |
| Understanding money and prices |
| This article explains the money side of prices, and why government currencies, unbacked by gold, are doomed to collapse. And why gold, which is the sound money chosen by markets throughout history, will retain or increase its purchasing power measured in the goods it buys over the coming years.Very few people have a full understanding of the relationship between money and goods. This is the relationship that sets prices. Yet, without that understanding, central banks will almost certainly fail iWednesday, June 3, 2020 |
|
 | Hugo Salinas Price - Plata.com |
| Silver and the Great Future of Mexico |
| Lecture of the author at the solemn ceremony of his appointment as Honorary Professor of Northwest Institute of Management of the Russian Presidential Academy.
Embassy of the Russian Federation
Mexico City
June 27, 2017.
Your Excellency, Ambassador Edward Malayan; Doctor Vladimir Shamakhov, Director of the Northwest Institute of Management of Russian Presidential Academy,members of the Honorable Diplomatic Corps here present, and esteemed audience:
I am greatly privileged to be with all ofTuesday, May 5, 2020 |
|
| Alasdair Macleod - Finance and Eco. |
| Unsound money is crucifying pensions |
| Deficits are mounting in pension obligations. It is a global problem over which pension trustees are helpless. It is also a problem that’s brushed under the carpet, with prospective and current pensioners generally unaware of the threat to their retirement. Investors in companies with defined benefit schemes, schemes which promise an inflation-adjusted entitlement based on final salary, generally ignore this important issue, as do most stock market analysts. Analysts know the deficits are there,Thursday, January 25, 2018 |
|
| Alasdair Macleod - Finance and Eco. |
| The truth about trade |
| The one subject, which became a headline issue last year, and even divides experts is trade. It will become increasingly important in 2018 as the US develops her trade policy, particularly with respect to China, and as the UK negotiates her Brexit terms with the EU. Ignorance dominates this subject. Surely, people say, industry should be protected from unfair trade practices, such as goods manufactured in foreign sweat-shops, or unfair dumping of commodities, such as steel. If President Trump caThursday, January 18, 2018 |
|
 | Gary Christenson - Sprott Money |
| Rob From The Middle Class Economics - Gary Christenson |
| Much of our financial world functions as a “Rob from the Middle
Class” economy. The system robs from the middle class and poor via
“money printing” and inflation of the currency supply!
The rich get richer and the poor get poorer.
Little benefit comes from complaining about the process or
fighting it. Understand the process, work around it, and use it
constructively.
Explaining Our Rob from the Middle Class Economy:
Governments, individuals, pension funds and corporations are
increasinglySaturday, November 25, 2017 |
|
| Sprott Money |
| Rob From The Middle Class Economics - Gary Christenson |
| Much of our financial world functions as a “Rob from the Middle
Class” economy. The system robs from the middle class and poor via
“money printing” and inflation of the currency supply!
The rich get richer and the poor get poorer.
Little benefit comes from complaining about the process or
fighting it. Understand the process, work around it, and use it
constructively.
Explaining Our Rob from the Middle Class Economy:
Governments, individuals, pension funds and corporations are
increasinglySaturday, November 25, 2017 |
|
 | Andy Hoffman - Miles Franklin |
| Reverse Robin Hood Economics |
| Much of our financial world functions as a “Reverse Robin Hood” economy. Rob from the poor and middle class via “money printing” and inflation of the currency supply and give to the rich! The rich get richer and the poor get poorer.
Little benefit comes from complaining about the process or fighting it. Understand the process, work around it, and use it constructively.
Explaining Our Reverse Robin Hood Economy:
Governments, individuals, pension funds and corporations are increasingly financialiWednesday, October 25, 2017 |
|
 | Mark O'Byrne - gold.ie |
| China Catalyst To Send Gold Over $10,000 Per Ounce |
| Jim Rickards is on record forecasting $10,000 gold.
But is China about to provide the catalyst to send gold even higher? And by how much?
Today, we fare forth in the spirit of speculation… follow facts down strange roads… and arrive at a destination stranger still…
China — the world’s largest oil importer — struck lightning through international markets recently.
According to the Nikkei Asian Review, China has plans to buy imported oil with yuan instead of dollars.
Exporters could then exchange Saturday, September 30, 2017 |
|
 | Jeff Clark - Goldsilver |
| Top Ten Reasons I Buy Gold Silver [#2] All the Problems of the World = Gold Silver Hyper-Bubble |
| When the average investor thinks about gold, they may view it as an inflation hedge. Or maybe as crisis insurance. Or perhaps they view it solely as a portfolio diversifier.But what if you added up all the reasons to own gold and silver today—and realized they were all about to hit at the same time?That’s Mike Maloney’s reason #2 he owns gold and silver: it’s all happening at once, and this time it’s global:It’s a perfect storm of worldwide trends that are about to explode simultaneously—and pusThursday, September 28, 2017 |
|
| Hugo Salinas Price - Plata.com |
 Prospects for Gold II |
| In my previous article, "My Views Regarding Prospects for Gold", published on September 21, I addressed the consequences of the Chinese scheme "to be launched formally by the end of the year, by means of which exporters of oil to China will accept the Chinese currency, the Yuan, in payment for oil; for this deal, the Chinese have added an incentive: the Yuan received by the oil exporters will be exchangeable for gold. This gold will be "sourced", i.e. "purchased" outside of China, for the oil exTuesday, September 26, 2017 |
|
| Jeff Clark - Goldsilver |
| Top Ten Reasons I Buy Gold Silver [#3] - Your Purchasing Power With Gold Is About to Jump |
| One of the great myths with gold is that one ounce has always bought the equivalent of a man’s suit.While there have certainly been times where this is true, it hasn’t always been the case. That’s because sometimes the gold price is low relative to what a suit costs, and other times the price is much higher than what an average suit costs.And we’re about to head into a period where, as Mike Maloney says in Reason #3 he buys precious metals, gold will soon buy a whole lot more:When the next set oMonday, September 25, 2017 |
|
| Alasdair Macleod - Finance and Eco. |
| Further thoughts on Gibson’s paradox |
| “The paradox is one of the most completely established empirical facts in the whole field of quantitative economics.” – John Maynard Keynes“The Gibson paradox remains an empirical phenomenon without a theoretical explanation” -Friedman and Schwartz“No problem in economics has been more hotly debated.” - Irving FisherIntroductionTwo years ago, I found a satisfactory solution to Gibson’s paradox.i The paradox is important, because it demonstrated that between 1750-1930, interest rates in Britain cFriday, September 8, 2017 |
|
 | Nathan Lewis - New World Economics |
| It’s So Because I Say It Is |
| We’ve been talking about The Midas Paradox (2015), by Scott Sumner.
July 23, 2017: The Midas Paradox (2015), by Scott Sumner
July 31, 2017: The Midas Paradox #2: Blame Gold
The primary claim of the book is that gold’s value soared higher, in an unprecedented and disastrous fashion, sometime beginning around 1929.
Over the years, there have been a number of arguments that gold’s value goes up and down by substantial amounts. Other people have said that gold’s value is basically stable, and doesn’Friday, August 4, 2017 |
|
| Alasdair Macleod - Finance and Eco. |
| How gold can rescue pensions |
| The World Economic Forum, in conjunction with Mercers (the actuaries) recently estimated that the combined pension deficit currently stands at $66.9tr for eight countries, rising to $427.8tr in 2050. The eight countries are Australia, Canada, China, India, Japan, Netherlands, UK and US. Of the 2016 figure, $50.5tr is unfunded government and public employee pension promises. Yes, we are now talking in hundreds of trillions. Other welfare-providing states missing from the list have deficits that aFriday, June 9, 2017 |
|
| Alasdair Macleod - Finance and Eco. |
| Why free trade is officially dead |
| G20 Finance ministers meeting in Baden Baden last weekend agreed, on America’s insistence, to drop the long-standing commitment to free trade from the final communiqué.It is hard to know to what extent America’s position is driven by her autarkic view on world trade, or to what extent it is an acknowledgement of the fruitlessness of paying lip-service to an ideal which is never delivered. Doubtless, it’s a bit of both.It is certainly true that finance ministers in the advanced nations have alwayThursday, March 23, 2017 |
|
 | Michael J. Kosares - USA Gold |
| Why ‘digital gold’ won’t ever kill off the real thing |
| The Conversation/Dirk Baur/3-7-2016
“Gold has often been referred to as a relic. But from a behavioural perspective, this may also mean it is ingrained in our subconsciousness and related actions. Put differently, as long as humans remain tangible, it is likely that they maintain a desire to hold real and tangible assets.
Very few companies on the US stock exchange, for example, are older than 50 years. By comparison, gold has existed for thousands of years and any gold coin or gold bar will moThursday, March 9, 2017 |
|
 | Egon von Greyerz - Matterhorn AM |
| Gold Reveals Illusory Gains |
| Investors in most countries make the mistake of measuring their returns based on their home market and their domestic currency. This might have worked when they only had access to their local investment market. But that time is long gone. Now we have a global economy and most Westerners have access to securities worldwide. Still, in for example Germany, the UK or Japan, investors measure returns in their local currency. Even more so in the US. Due to the size of the US economy and the importanceThursday, February 2, 2017 |
|
| Nathan Lewis - New World Economics |
| Book Notes: |
| Charles Rist (1874-1955) was a deputy governor of the Bank of France,
and said to be the one who reported Benjamin Strong's "coup de whiskey"
comment made at the conference of central bankers in 1927. Here's a
brief bio:
Born in Lausanne, Switzerland and
studied law at Paris, Charles Rist was a close collaborator of Charles
Gide, whom he eventually succeeded in the chair at Montpellier in 1906
and editor of the Revue d'economie politique. Rist was an advisor
to the post-WWI socialist governmMonday, January 9, 2017 |
|
|
|
|
|
