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| Dan Popescu - GoldBroker |
The Gold Standard |
According to Mises, money’s function as a medium of exchange is thus the central one, while its store of value and unit of account functions are merely subordinate functions. I would say store of value and unit of account is what makes the medium of exchange marketable. The medium of exchange has to be simple to understand, not only by educated people but also the most uneducated. It has to be easily accessed, not only in ideal circumstances but also in difficult ones. Many things have been trieFriday, July 10, 2020 |
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| Hugo Salinas Price - Plata.com |
Copernicus, Galileo and Gold. Part II |
The development of Economics and the development of Astronomy share interesting parallels.
Aristarchus of Samos – the Greek island that produced Pythagoras – was born in 310 B.C. Aristarchus set Astronomy on the path that would have led to its correct development by postulating the Sun as the center of the Universe, with the Earth revolving around the Sun while revolving around its own axis; he also set the planets in the correct order of their distance from the Sun.
Unfortunately, the preconceiThursday, June 11, 2020 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Is the Economic Summer Coming |
Cycles, cycles everywhere. We’ve already discussed the current state of the U.S. business cycle, arguing that the expansion should last for a while, although it is more advanced than in Europe. However, business cycles aren’t the only creatures living in an economic zoo. They are simply the most popular within the modern macroeconomics. The post-war business cycles lasted, on average, almost 6 years. But economists distinguished also shorter cycles, called Kitchin inventory cycles, which are belSaturday, March 17, 2018 |
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| Hugo Salinas Price - Plata.com |
Some Reflexions on History and Economics |
Nicolas Oresme, a Catholic bishop (1320-1382), studied human behavior with regard to money, which in his time consisted of gold and silver coinage; he was perhaps the first to observe that humans attribute varying valuations to the money that comes into their hands. He stated that holders of gold and silver coins prefer to tender their most deteriorated coins in payments, and retain the most bright, shiny and perfect of their coins. Thus, he was the true originator of what has come to be known aMonday, January 22, 2018 |
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| Jesse - Le Cafe Américain |
Thomas Frank: Predatory Elites and the Political-Professional Establishment |
"That ain't workin' that's the way you do it
Get your money for nothin' get your chicks for free
We got to install microwave ovens custom kitchen deliveries
We got to move these refrigerators we gotta move these color TV's
Now that ain't workin' that's the way to do it
Play the guitar on the MTV
That ain't workin' that's the way you do it
Money for nothin' and chicks for free."
Dire Straits, Money For Nothing
Here is a link to Reality Asserts Itself Part 9, the interviews between Paul Jay aWednesday, January 3, 2018 |
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| Jan Skoyles - GoldCore |
How Gold Bullion Protects From Conflict And War |
– Gold and silver’s historical role in conflict shaped the world today and the modern financial system
– Gold played an important function in the great conflicts up to and throughout the 20th century
– Gold and the effective use of bullion played a crucial role in the outcome of the American Civil War
– Gold was an important economic agent in both World Wars, conferring a huge advantage on the allies
– In a world beset with risks of war both in the Middle East and with North Korea, Russia and ChFriday, October 20, 2017 |
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| John Butler - Goldmoney |
The Golden Revolution, Revisited: Chapter 10 |
This Insight continues the serial publication of the new, Revisited edition of my book, The Golden Revolution (John Wiley and Sons, 2012). (The first instalment can be found here.) The book is being published by Goldmoney and will also appear as a special series of Goldmoney Insights over the coming months. This instalment comprises the fifth chapter of Section II.View the Entire Research Piece as a PDF here.An Unstable Equilibrium“A Nash equilibrium is defined as a strategy combination with theWednesday, September 13, 2017 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Will the Electric Car Revolution Sink Platinum and Palladium |
Everyone has probably heard about the upcoming electric car revolution whose vanguard is Tesla Motors led by Elon Musk. The electric car is actually nothing new – the first vehicles were produced as long ago as in the 1880s. However, the mass production of cheaper gasoline vehicles triggered by Henry Ford put electric cars into limbo for decades. But this can change quickly thanks to the rapidly falling costs.
As one can see in the chart below, the price of a battery pack declined from $1000 perFriday, August 18, 2017 |
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| Graham Summer - Gains Pains & Capital |
The Coming Financial Disruption |
By Chris at www.CapitalistExploits.at
From the late 1700's through the 1800's the first industrial revolution brought immense benefits to the average Jack. Mass production of textiles, transportation, food, and beer meant that it was no longer just Lords and Ladies that could afford to get hammered.
Indeed, Jack and Jill too could fall down the hill after getting plastered without breaking the bank.
Those with capital owned the means of production. Stuff like mines, railroads, steel factories,Saturday, August 5, 2017 |
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| John Browne - Euro Pacific Capital |
The Swamp Strikes Back |
On August 21st many Americans witnessed the moon cast a historic but short-lived shadow across the United States. One day later, President Trump reversed his previously stated position on the 16 year old Afghan War, thereby eclipsing the possibility that the United States would finally come to its senses and rethink a failed strategy that is likely to fail for years, perhaps decades, to come. The abrupt change, in what had been a central plank in candidate Trump's appeal to voters thirsting forThursday, August 3, 2017 |
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| Mac Slavo - ShtfPlan |
Socialist Dictator Of Venezula Lashes Out At Election Fraud Claims |
The “democratic socialist” and president of Venezuela, Nicolas Maduro has lashed out at claims of electoral fraud by the company that administers Venezuela’s voting system. Maduro is accusing the company of succumbing to pressure from “the Gringos and the Brits” to sabotage his controversial and dictatorial new assembly.
“That stupid guy, the president of Smartmatic, pressured to the neck by the gringos and the Brits, said there were 7.5 million [voters],” Mr. Maduro said. “I think there were 1Thursday, August 3, 2017 |
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| Alasdair Macleod - Finance and Eco. |
The logic of a modern gold standard |
In last week’s Insight, I analysed the current geopolitical situation and concluded that it was now in the interest of the Shanghai Cooperation Organisation to break from the US dollar completely, by establishing a new monetary and banking systemi. By linking the yuan and rouble to gold, the SCO’s principal currencies would be insulated from manipulation by means of dollar currency rates, and their use as a weapon to undermine the Sino-Russian partnership. This article addresses some of the pracThursday, July 13, 2017 |
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| Mac Slavo - ShtfPlan |
Researchers Discover That Social Media Posts Can Be Used To Predict Riots, Revolutions, And Even The Weather |
Most of us don’t give much thought to what we post on social media, and a lot of what we see on social media is pretty innocuous. However, it only seems that way at first glance. The truth is that what we post online has a frightening potential. According to recent research from the Pacific Northwest National Laboratory and the University of Washington, the things we post on social media could be utilized by software to predict future events.
In a paper that’s just been published on Arxiv, the tWednesday, June 28, 2017 |
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| John Butler - Goldmoney |
The Golden Revolution, Revisited: Chapter 2 |
This Insight is the fourth in the serial publication of the new, Revisited edition of my book, The Golden Revolution (John Wiley and Sons, 2012). (The first instalment can be found here.) The book is being published by Goldmoney and will also appear as a special series of Goldmoney Insights over the coming months. This instalment comprises the second chapter of Section I.View the Entire Research Piece as a PDF here.Cantillion and the Austrian Economic School on Money and Financial Crises“There iWednesday, June 14, 2017 |
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| John Butler - Goldmoney |
The Golden Revolution, Revisited: Chapter I |
Chapter IThis Insight is the third in the serial publication of the new, Revisited edition of my book, The Golden Revolution (John Wiley and Sons, 2012). (The first instalment can be found here.) The book is being published by Goldmoney and will also appear as a special series of Goldmoney Insights over the coming months. This instalment comprises the first chapter of Section I.View the entire Research Piece as a PDF here.On the Misunderstanding of Money“[Adam] Smith, far from being the founder Tuesday, June 6, 2017 |
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| John Butler - Goldmoney |
The Golden Revolution, Revisited |
Back in 2012 John Wiley and Sons published my first book, The Golden Revolution, the core thesis of which was that a longer-term consequence of the global financial crisis of 2008 would be the remonetization of gold. This would occur initially at the international level, that is, as a mean to settle accumulated international imbalances in trade and cross-border investment. The book then also explored how this might come about, what the implications were for the price of gold and for the financiaWednesday, May 24, 2017 |
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| Clif Droke |
The bull market and Donald Trump's death knell |
In the minds of many investors, the election victory of Donald J. Trump to the United States Presidency was nothing short of a miracle. Following his shocking victory, expectations were high that Trump would, with the help of Congress, fulfill his promises of tax reform and infrastructure spending. The lifting of the heavy penalties associated with Obamacare was another hope that investors cherished. Many hailed his victory by declaring that it was “morning in America” again.But after only siSunday, May 21, 2017 |
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| Julian D. W. Phillips - Gold Forecaster |
Gold and Silver Market Morning: April 24 2017 - Battling on support at $1,270! |
Gold Today–New York closed at $1,285.90 Friday after closing at$1,279.20Thursday.London opened at $1,271.20 today.Overall the dollar was weaker against global currencies early today. Before London’s opening: -The $: € was significantly weaker at $1.0843 after Friday’s$1.0695: €1.-The Dollar index was weaker at 99.18 after Friday’s 99.94.-The Yen was weaker at 110.108 after Friday’s 109.18:$1. -The Yuan was barely changed at 6.8865 after Friday’s 6.8867: $1. -The Pound Sterling was weaker at $1.2Monday, April 24, 2017 |
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| Jesse - Le Cafe Américain |
Stocks and Precious Metals Charts - |
The Fed's minutes came out today, and they were yet mildly hawkish in that vague sort of way that has preceded twenty-nine of the last two actual rate increases.
There is a theory about that because of the failure of the EU and alternatively China, the inflows of monies into dollar assets are bound to continue to drive the major stock indices higher, and will prompt the Fed to raise rates higher than many think.
This is a variant of the 'money on the sidelines' theory that, for whatever reasonThursday, February 23, 2017 |
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| Mac Slavo - ShtfPlan |
Maduro Kicks CNN Out of Venezuela, Following Trump Resistance to “Coup By Fake News” |
Embattled Venezuelan leader Nicholas Maduro is following in the footsteps of Vladimir Putin and Donald Trump – in dissing CNN and calling them out as “fake news.”
Indeed, it seems that world leaders are now officially onto their tricks.
Only weeks ago, President-elect Trump denied a CNN reporter a question at his first press conference, after ranting about things he indicated the network has done, before accusing them being “fake news.” No question for you:
President Donald Trump Slams CNN and cThursday, February 16, 2017 |
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