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Gold & Silver Prices in
Articles related to Money Supply
All Paper is STILL a short position on gold 
The gold derivatives pyramid is a vigorous free market creature. It cannot be put down with a simple declaration that the paper is no longer redeemable in gold, as governments did with currency. It is a short selling scheme that has become a trap from which few short sellers will escape
Saturday, April 25, 2015
Mike Hewitt - Dollar Daze
  Hyperinflation around the Globe 
Angola (1991-1999) Angola went through the worst inflation from 1991 to 1995. In early 1991, the highest denomination was 50,000 kwanzas. By 1994, it was 500,000 kwanzas. In the 1995 currency reform, 1 kwanza reajustado was exchanged for 1,000 kwanzas. The highest denomination in 1995 was 5,000,000 kwanzas reajustados. In the 1999 currency reform, 1 new kwanza was exchanged for 1,000,000 kwanzas reajustados. The overall impact of hyperinflation: 1 new kwanza = 1,000,000,000 pre-1991 kwanzas.
Tuesday, April 21, 2015
Bill Holter - Miles Franklin
Much speculation abounds regarding China’s gold holdings.  They officially claim 1,054 tons as of April 2009.  We suspected they might “re” announce their holdings again last year at this time as it was five years after their last announcement and China has a habit of “five year plans”.  Alisdair Mcleod believes they have 20,000 tons or more which very well may be the case, I can easily make a case their holdings are far in excess of 10,000 tons just from the data since 2009.  In the words of ou
Wednesday, April 15, 2015
Michael Pento - Delta Global Advisors
3 Daggers for This Equity Bubble
The recent stock market volatility has caused the major averages to lose nearly all their gains for 2015. However, it is clear stock prices are still extremely overvalued by virtually every metric, especially when viewed in the absence of GDP and earnings growth. For starters, the Cyclically Adjusted PE Ratio on the S&P 500 is currently 27, whereas the normal level for this longer-term valuation metric is just 15. Also, the ratio of Total Market Cap to GDP is currently at 125%. This re
Monday, April 13, 2015
The Gold Report
Buy Precious Metal Equities Before the Bear Goes into Hibernation: Eric Muschinski
Eric Muschinski, editor of the Chicago-based Gold Investment Letter, says that investing in a bear market is not about picking the absolute bottom—it's about accumulating your favorite companies regularly and averaging in at massive discounts. In this interview with The Gold Report, Muschinski lists some highly undervalued equities and tells investors to get more aggressive, especially this summer, when he believes the bear could go into hibernation. Th
Saturday, April 11, 2015
Darryl Robert Schoon - Survive the Crisis
Greece, Gold, the Death of Paper Money and the Modern State
By Darryl Robert SchoonThe size and existence of the modern state is limited only by the ability to borrow money; an ability dependent on the continuing value of fiat paper money.That limit has now been reached. Greece is not just a country that overindulged on the bankers' poisoned candy of cheap credit. Greece is the canary in the coal mine of the modern state.When gold was removed from the international monetary system in 1971, US interest rates were 6%.By 1980, however, US rates rapidly rose
Friday, April 10, 2015
Frank Shostak
How Easy Money Drives the Stock Market
In a market economy a major service that money provides is that of the medium of exchange. Producers exchange their goods for money and then exchange money for other goods.As production of goods and services increase this results in a greater demand for the services of the medium of exchange (the service that money provides).Conversely, as economic activity slows down, the demand for the services of money follows suit.Prices and the Demand for MoneyThe demand for the services of the medium of ex
Thursday, April 09, 2015
Bill Downey - Commodity Trader
Deflation, the velocity of Money, and Golds 1st price resistance on the short term
INTRA-DAY NEWSLETTER ~ April 7 2015 The Swiss Central Bank lost 50 billion Swiss francs on the Euro Peg. The IMF has now recommended that Switzerland should DEVALUE the franc by increasing its money supply. Deflation is still unfolding because people lack confidence in the future. As long as they remain uncertain about the future, they will continue to hoard their cash and that causes the velocity of money to decline further fueling the DEFLATION.   The chart below is one I worked on in June o
Tuesday, April 07, 2015
Stewart Thomson - Graceland Update
Rate Hikes: Bullish For Gold Stocks
The latest US jobs report has stunned most analysts, with its dramatic weakness.Most investors in the Western gold community are nervous about rate hikes, and this report supposedly gives the average gold investor a little breathing room.2.I beg to differ.In the current situation, rate hikes are not bearish for gold prices.They're bullish, and here's why:3.The Western commercial banks are sitting on huge reserves of cash.They built those during the Fed's QE
Tuesday, April 07, 2015
Mish - Global Economic Analysis
Another Definition of Deflation: Antal Fekete Defines Deflation as a "Pathological Slowing in the Velocity of Money" 
In an interview with the Daily Bell that just came my way, Antal Fekete writes about Blowing Up Modern Austrian Economics ... in a Good Way. Background on Velocity To understand the interview discussion, one must first understand velocity. I discussed velocity at length in Will Prices Rise Significantly When Velocity of Money Picks Up? The simple definition V = GDP/M where V is velocity, M is money supply, and GDP is Gross Domestic Product. Problems With Velocity The first problem is how
Tuesday, April 07, 2015
24hGold - Yahoo
If You Missed The U.S. Bull Market, Here's Your Second Chance
For four years I was a derivatives trader for a billion-dollar trading firm in Chicago.One important lesson I learned: pay attention to the biggest traders in the game.Professional traders go to great lengths to hide everything they do. It's no different than poker -- you don't want your opponent to know your hand.But right now, one of the most powerful financial institutions in the world is broadcasting its hand to the world. And this isn't just any old hand... It's the biggest trade it has eve
Tuesday, April 07, 2015
John Rubino - Dollar Collapse
More Scary Numbers
The list of things hitting cyclical peaks gets longer every day. Besides the nominal amounts (debt, derivatives, money supply) that are now at all-time highs, some "as a share of GDP" indicators are starting to say similar, very scary things: Corporate profits In a world of competition for scarce resources, corporations face some natural limits on how much they can earn. For one thing, if business is too profitable it attracts a deluge of new entrants who drive down margins -- and m
Tuesday, April 07, 2015
The Golden Phoenix
This work started back in 1988, not long after the 87 crash. Important people were asking some very serious questions about the timeline of the world monetary system. They expected a long term evolving report that would expand ongoing events into a format of true life context. I cannot offer the full report or its complete ongoing analysis. But, the effort you have seen to date is one of sharing somewhat for the common good of all. To the best of my knowledge, the ones that initiated thi
Monday, April 06, 2015
Adrian Ash - Bullion Vault
Inflation and human nature
"...Scrabbling in the earth for a fresh source of cash, the gold & silver miners of 13th century Europe proved that the money supply never simply increases as if by magic..."
Sunday, April 05, 2015
Steve Keen - Debt Deflation
The Principal And Interest On Debt Myth
Tweet TweetThere are many ways that you can divide the world into two groups. Men and women, for example—with the for­mer being about 50.2% of the pop­u­la­tion and the lat­ter 49.8%. Or those that like math and those that don’t—where there are no accu­rate fig­ures, but I’d haz­ard a guess at a 10% to 90% split. The (almost) binary group­ing that moti­vated this post is between those who reckon that banks, debt and money are of no real con­se­quence in cap­i­tal­ism, and those who believe that
Thursday, April 02, 2015
Chris Powell - GATA
Iceland looks at ending boom and bust with radical money plan Iceland's government is considering a revolutionary monetary proposal -- removing the power of commercial banks to create money and handing it to the central bank. The proposal, which would be a turnaround in the history of modern finance, was part of a report written by a lawmaker from the ruling centrist Progress Party, Frosti Sigurjonsson, entitled "A Better Monetary System for Iceland." "The findings will be an impor
Thursday, April 02, 2015
Mish - Global Economic Analysis
  Iceland Ponders Radical Money Plan Including Elimination of Fractional Reserve Lending and Deposit Insurance
I have long railed against fractional reserve lending, duration mismatches (e.g. banks issuing 2-year CDs and lending money for 15-year mortgages), bank's ability to lend money into existence, and deposit insurance.  Fractional reserve lending allows banks to lend out a near infinite amount of credit with essentially no backing. Money inevitable creates asset bubbles, but as long as the bubbles are expanding it appears the system is solvent. Money that depositors believe is available on dema
Wednesday, April 01, 2015
Jesse - Le Cafe Américain
Deflation, Hyperinflation, and Stagflation
The 'top down' approach to monetary stimulus favored by the Fed and their Banks and their politicians is fostering more inequality and slack aggregate demand while inflating select asset prices, a type of stagflation.  The 'inflation' component of that has not yet set
Tuesday, March 31, 2015
Mish - Global Economic Analysis
Ben Bernanke, Confused as Ever, Starts His Own Blog to Prove It
Ben Bernanke just started his own blog at the Brookings Institute. His first post, from today, Inaugurating a New Blog is the announcement. Let's dive into Bernanke's second post of the day: Why are Interest Rates So Low? Bernanke: Low interest rates are not a short-term aberration, but part of a long-term trend. As the figure below shows, ten-year government bond yields in the United States were relatively low in the 1960s, rose to a peak above 15 percent in 1981, and have been declining ev
Tuesday, March 31, 2015
Captain Hook - Treasure Chest
Neurotics and the Art of a Short Squeeze
This week we have a two-day Fed meeting, where they hope their irrational bullsh*t story will scare the neurotics into buying puts and shorting again, so these idiots can be squeezed out going into options expiry. In this regard, its no mistake this Fed meeting is in an options expiry week (or at month's end), not that they couldn't accomplish the same thing with other jawboning type theatre. Amazingly, traders / money managers / whoever, are so out of it these days the Fed is able to influence
Monday, March 30, 2015