Articles related to rate
 
Jeff Clark - Goldsilver
Gold vs. Silver: The 5 Differences That Matter Most to Investors
You’d like to buy some precious metals, but do you buy silver or gold? Is there really much difference between them other than the price?Both are “precious” metals, meaning their occurrence in the earth’s crust is rare. But when it comes to investing in gold vs. silver, there are 5 important distinctions to be aware of. These differences can supercharge your portfolio—or make it a victim.This article outlines the five differences to know about gold vs. silver, with special emphasis on investment
Saturday, February 20, 2021
Frank Shostak
Why We Now Measure Gold in Dollars — and Not the Other Way Around
Prior to 1933, the name "dollar" was used to refer to a unit of gold that had a weight of 23.22 grains. Since there are 480 grains in one ounce, this means that the name dollar also stood for 0.048 ounce of gold. This in turn, means that one ounce of gold referred to $20.67.Observe that $20.67 is not the price of one ounce of gold in terms of dollars as popular thinking has it, for there is no such entity as a dollar. Dollar is just a name for 0.048 ounce of gold. On this Rothbard wrote,No one p
Wednesday, February 10, 2021
Michael J. Kosares - USA Gold
“Accommodative”
Though not a new word to describe Fed policy intentions, using it in today’s statement in the context of obviously rising inflation and inflationary expectations is a new policy stance and one very favorable for gold and likely the Trump administration as well. It seems that the Fed is willing to chase the inflation rate rather than trump it (forgive the reference), and as long as that’s the case, the markets will read inflation into the economic script for the future. I think some were expectin
Tuesday, February 2, 2021
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, rec
Sunday, January 24, 2021
Julian D. W. Phillips - Gold Forecaster
Gold and Silver Market Morning: Jan 25 2017 - Gold and Silver consolidating!
Gold Today–New York closed at $1,209.90on the 24th January after closing at $1,215.30 on the 23rd January.London opened at $1,203.25 today.Overall the dollar was stronger against global currencies early today. Before London’s opening: -The $: € was stronger at $1.0724: €1 from $1.0752: €1 yesterday.-The Dollar index was stronger at 100.31 from 100.20 yesterday. -The Yen was weaker at 113.69:$1 from yesterday’s 113.24 against the dollar. -The Yuan was weaker at 6.8766: $1, from 6.8534: $1, yester
Sunday, January 24, 2021
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
Tuesday, January 19, 2021
Bullion Vault
Gold Bullion Gains Extend ETF Growth as Inflation Worries Hit 'Even the Yellen Fed'
GOLD BULLION held around $1240 per ounce in London trade Thursday, retaining its 3-month high as commodity markets pushed towards new 18-month records. With energy costs already driving up headline inflation rates worldwide, Brent crude oil today rose above $55 per barrel as Nymex natural gas contracts traded 90% above their price of this time last year. Silver bullion held firm wit
Tuesday, January 12, 2021
Keith Weiner - Monetary Metals
What makes gold good money
People say that gold is rare this is why it makes good money. To make an analogy to the porridge in Goldilocks, the temperature could not be too cold or too hot. If gold were too common, or too rare, it would not work as money. Think of sand, which is too common, or blue diamonds which are too rare (and diamonds would not work as money anyway. Rather than focusing on its rarity, let’s look at extracting it. It has generally held true that the cost to mine an ounce of gold was around one ounce of
Saturday, January 9, 2021
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
Tuesday, January 5, 2021
Sprott Money
The Secret of Wealth Preservation - Jeff Nielson
We have a failure to communicate. The vast majority of the investment public in the Western world has no understanding – at all – about how to preserve and protect their wealth. Of the minority of the investment community with some understanding of wealth preservation, almost invariably it is a flawed understanding. Understanding wealth preservation begins with having a detailed and correct understanding of “money”. Understanding money begins with correctly comprehending the difference betwe
Wednesday, December 23, 2020
Robert P. Murphy
The Gold Standard Did not Cause the Great Depression
Quarterly Journal of Austrian Economics 19, no. 1 (Spring 2016): 101–111[The Midas Paradox: Financial Markets, Government Policy Shocks, and the Great Depression by Scott Sumner]The Midas Paradox is an impressive piece of scholarship, representing the magnum opus of economist Scott Sumner. What makes the book so unique is Sumner’s use of real-time financial data and press accounts in order to explain not just broad issues—such as, “What caused the Great Depression?”—but to offer commentary on th
Thursday, November 12, 2020
Nathan Lewis - New World Economics
Blame Gold
We have been talking about The Midas Paradox (2015), by Scott Sumner. July 23, 2017: The Midas Paradox (2015), by Scott Sumner. As you probably guessed from the three-word title, the book can be summarized in two words, which are: “blame gold.” This, as we have seen, is actually a relatively new notion, even if it enjoys some popularity today. The general consensus, which later (after 1950) became the Keynesian consensus, did not blame gold, or indeed, monetary policy in general, for the Great D
Friday, July 3, 2020
Jordan Roy Byrne - The Daily Gold
5 Things I Look for in Exploration Companies
Three months ago (April) we covered the reasons we primarily invest in junior exploration companies. We promised to follow up with some criteria we follow in attempting to pick winners. Here are five things we look for when evaluating and selecting junior exploration companies. Management has a track record and experience.
Tuesday, June 30, 2020
Gold - The Daily Gold
5 Things I Look for in Exploration Companies

Sunday, June 28, 2020
Perth Mint Blog - Perth Mint Blog.
How much do you know about gold investing
It’s easy to fall in love with gold. After all, the rich and famous have obsessed over it for millennia. During the past two decades, gold ownership has become much more widespread. No longer a sole preserve of the elite, every day and mum and dad investors have also taken a shine to the glittering yellow metal. Accessibility to gold through bullion bars and legal tender coins, certificates and exchange traded products makes buying and storing gold simple. Driving folk to take advantage is this
Monday, June 22, 2020
Frank Shostak
  Why Wage Growth Is So Weak 
The yearly growth rate of average hourly earnings in production and non-supervisory employment in the private sector eased to 2.3% in June from 2.4% in May.Many experts are puzzled by the subdued increase in workers earnings. After all, it is held the US economy has been in an expansionary phase for quite some time now. Softer real output growth important reason why hourly earnings remain under pressureAccording to the US Government’s own data, since 2000, in terms of industrial producti
Friday, June 19, 2020
Nathan Lewis - New World Economics
The View From 2011
Today, we will continue our discussion of the “gold sterilization” of 1937. June 18, 2017: The “Gold Sterilization” of 1937 June 25, 2017: The “Gold Sterilization” of 1937 #2: Fumbling and Bumbling We will look at an influential 2011 paper by Douglas Irwin, available here: http://www.nber.org/papers/w17595.pdf All in all, I think the paper is pretty good, at least in its basic descriptions. It meanders into the usual channels of pointless Monetarism, with some equally pointless math, but it does
Thursday, June 11, 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 i
Wednesday, June 3, 2020
Mike Maloney - Goldsilver
  Gold Silver Confiscation: Can the Government Seize Assets
One concern of retail precious metals investors is the possibility of a gold confiscation.Imagine having the forethought to buy gold to shield your finances from an economic or monetary crisis—only to have it taken away from you by your government. You’d lose not just the protective buffer you put in place but potentially a chunk of your net worth.Gold confiscation may sound preposterous to investors used to securities or real estate. But it’s happened in the past enough times to make it a reaso
Monday, June 1, 2020
Nathan Lewis - New World Economics
The “Gold Sterilization” of 1937
Today, we will start investigating the U.S. recession of 1937, and along with that, claims that the Federal Reserve caused it by some sort of misbehavior. As is our usual practice, we will begin with just looking at some general information about that time. Industrial production had a short, sharp shock in 1937. Here’s what it looked like in terms of nominal GDP: I am not going to try to disentangle what was going on at that time. There were a lot of things, from the introduction of Social Sec
Thursday, May 21, 2020
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