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Articles related to real inflation
Andy Hoffman - Miles Franklin
Need Or Want, Demand Is Dying
Here’s all you need to know – starting with today’s COMEX gold and silver options expiration.  Trust me, it’s no “coincidence” that we witnessed the 56th “Sunday night sentiment” raid of the past 57 weeks and 267th “2:15 AM” attack of the past 301 trading days. Moreover, TPTB are still reeling from Friday’s rare “key upside reversal” in the PM markets – and more importantly, the Treasury yield plunge that further solidified the “most damning proof yet of QE failure”; i.e., the inexorable decline
Monday, July 28, 2014
Andy Hoffman - Miles Franklin
Historical Norms
“HISTORICAL NORMS” Following last week’s soon-to-be-infamous Yellen quote that “price equity ratios and other measures (of stock, bond, and real estate valuation) are not outside historic norms,” I thought I’d do a bit of thought-streaming – starting with what an “historical norm” refers to. Since this blog focuses principally on financial topics – and specifically, money – “historical” can refer to trends going back to the dawn of man. As a leading Precious Metals purveyor, Miles Franklin has b
Monday, July 21, 2014
Andy Hoffman - Miles Franklin
The Absolute Peak Of Lunacy
The Absolute Peak Of Lunacy Let’s start by simply getting the “pink elephant” out of the way. Yesterday’s PM “drive-by shooting,” on essentially the lowest volume trading day of the year, represents an act of desperation as urgent as any we’ve seen to date. In the past month, whilst gold and silver were rising sharply from powerful “triple bottom” formations, the Cartel was naked shorting a nearly unprecedented $20 billion of COMEX futures out of shear panic – culminating in yesterday’s “mystery
Wednesday, July 16, 2014
Eric Coffin - Hard Rock Analyst
There's Something Happening Here 
Gold made the move I hoped for and predicted in the last issue. It's consolidating well above May price levels now. Traders will want to see a couple of more steps up in price to really get on board but the tone of the market has definitely improved again since early June. Significantly, base metals have also shown a lot of relative strength in the past few sessions. It's been a long time since we have seen the whole metals complex on the move.
Friday, July 11, 2014
John Rubino - Dollar Collapse
  This Is Disgusting -- And the Food Sounds Gross Too 
It is by now generally understood, at least in the sound money community, that inflation is much higher than the government admits and that the true extent of the problem is being hidden in various ways. But the specifics keep getting more and more disturbing. Here's a recent Phoenix Capital note (via Zero Hedge) on the adulteration of our "food." Do You REALLY Think The Official Inflation Numbers Are Even CLOSE To Accurate? Last week we noted that inflation has already entere
Wednesday, July 09, 2014
Mish - Global Economic Analysis
Brain Worms - Bloomberg Writer Noah Smith Has Them
On July 2, Bloomberg columnist Noah Smith wrote a column on Austrian Economists, 9/11 Truthers and Brain Worms. Noah claims ... When the Austrian brain-worm invades, you start believing things like: 1) Federal Reserve money-printing is a government plot to boost big banks, 2) prices are rising much faster than anyone thinks, 3) real “inflation” means money-printing, not an increase in prices, 4) printing money can never boost the economy, 5) academic economics is a plot to use mathematical mum
Sunday, July 06, 2014
Ty Andros - traderview
Surrender, GDP collapse, moral hazard 
This week has not been sleepy when it comes to the news. It feels like a firecracker out there just waiting for a match in my opinion. There have been too many issues to cover them all but here are a few TedBits for you: Surrender GDP collapse Explosive divergence between volume and price MORAL HAZARD written large Leverage peak in stocks? SOME People aren't DUMB EU elites pull another FAST ONE Surrender One hundred years ago this week World War I commenced and the specter
Sunday, June 29, 2014
Jeffrey Lewis
Trading the Ratios and Swapping Gold for Silver 
Primary gold investors versus silver investors are not exactly alike.Swapping gold for silver is a trade always worth considering, especially when the ratio blows out as wide as it is now. Portability is one obvious reason for the reverse, as long as premiums match up in the transaction. But the main advantage to this kind of swap is that silver almost always tends to cover more ground percentage-wiser and faster when it is allowed to move in a significant way.When the price ratio of gold to sil
Saturday, June 28, 2014
Profit, Protection, Despite Cartel Interventions ? July, 2014 Update
July 2014 UpdateWeek Ending 06/27/2014Profit, Protection, Despite Cartel Interventions – July, 2014 Update“Bankers’ parasitic behavior, the result of a cultural phase transition, is entirely characteristic of a society nearing collapse. Wealth is no longer created; it is taken from others. Parasitic behavior is not confined to bankers; it also infects high government officials, corporate executives and the elite societal stratum….”Jim Rickards, The Death of Money, June 2014A Major Goal of the in
Friday, June 27, 2014
Mish - Global Economic Analysis
"Real" and "Unreal" Wages; Five Decades of Middle Class Decline in Pictures
What follows is a guest post from Doug Short at Advisor Perspectives. This post has its roots in a discussion we had about "real" (inflation-adjusted) wages. Doug took our initial discussion and merged it with the number of hours people work.   Here is the decidedly bleak result: Real weekly earnings were $825 in 1973. Today they are $690. Doug Short Guest Post As a follow-up on some collaboration with Mike Shedlock in advance of his recent commentary on wages over time, here's a perspect
Friday, June 20, 2014
Eric Coffin - Hard Rock Analyst
Summer Heat (?)
Ok, it could be another head fake (there have been plenty) but the latest move in the gold stocks looks strong enough to be the real thing, even though its just begun. If it is it will represent a very different outcome for the sector though the summer than most are expecting. Of course that is the thing about markets. They have a disconcerting habit of doing precisely what most traders don't expect. A couple of HRA list compa
Wednesday, June 18, 2014
The Gold Report
It's Not About Discovering a Mine, It's About Discovering a Technology
The Mining Report: Do you think investing is a skill that is learned or inherited? Chris Berry: I suppose there's some sort of a gene for analytical ability, but there's no substitute for real-world experience. While my father taught at the Darden School at the University of Virginia, I received a good grounding in theory-based finance and investing. Being out in the investing world for the last 15 years, I've seen what works and what doesn't compared to what you read in a textbook. If the las
Wednesday, June 18, 2014
Ty Andros - traderview
  The Madness of Crowds 
Never in my 30+ year career as a market observer have I seen so many out on a limb which is about to be SAWED OFF. Those who live within the matrix are fully loaded for a recovery which is not and will not appear. Nominally the Main stream media can proclaim ECONOMIC recovery has arrived, point to the rising developed world stock markets, seemingly benign bond markets of all categories: sovereign, investment grade and Junk, Private equity, corporate buy backs and more have priced in
Saturday, June 07, 2014
Andy Hoffman - Miles Franklin
China Syndrome
It’s Monday morning, and hallelujah – we not only did we not see a “Sunday Night Sentiment” attack for the first time in 40 weeks – as early attempts were rebuffed at the likely new floor level of $1,300/oz. but no “2:15 AM EST” raid occurred either.  Quite shocking and laughably, even the typically fantastic Zero Hedge attributed gold’s strength to “Ukraine fears” – as if the expanding instability in that dark corner of the Earth is “new news.” So here we are, just days after another Fed “tape
Tuesday, May 06, 2014
Andy Hoffman - Miles Franklin
At Second Thought, 3.0% Doesn’t Even Matter
It’s Friday morning, and we have much to cover.  Our primary topic is the collapsing Federal Reserve-fostered real estate “echo bubble,” but a case can be made for headlines from all corners of the globe.  Thus, I’ll start with a global “horrible headline sampler,” commencing with the following, damning quote from “Goldman Mario” Draghi, from a conference yesterday morning… The objective here would not be to defend the current stance, but rather to increase meaningfully the degree of monetary ac
Friday, April 25, 2014
Mish - Global Economic Analysis
Shiller Kool-Aid Part II: Doug Short Chimes In
Doug Short at Advisor Perpspectives picked up my post Shiller Drinks the Kool-Aid. Footnote from Doug Short Doug emailed me a bit ago, adding a few charts of his own to my post. When I read Mish's commentary this morning, I was interested in what the real (inflation-adjusted) weekly earnings of this employment cohort would look like over the past seven-plus decades. Here's what I came up with, courtesy of data from the FRED repository. This snapshot clearly supports Mish's perspective. I
Wednesday, April 09, 2014
Andy Hoffman - Miles Franklin
Why We Own Precious Metals!
For the past decade, we have described why TPTB are so desperate to suppress gold and silver prices – while at the same time, no doubt, acquiring them for themselves.  Plain and simple, PMs are the only known substances to have retained their monetary properties throughout history; as opposed to the fiat currencies they attempt to control the world with, which have a 100% failure rate.  It simply cannot be understated how catastrophic the ramifications of global fiat regime failure will be – whi
Friday, April 04, 2014
Mish - Global Economic Analysis
Pettis Proposes Savings Glut and Income Inequality are Source of Global Imbalances; Mish vs. Pettis:
Michael Pettis at China Financial Markets taught me much of what I know about global trade. I am very appreciative. I tend to agree with most of his views. I recommended his book "Great Rebalancing", and still do. In a recent email, however, Pettis revives the "Global Savings Glut" thesis and I strongly disagree. This is a somewhat lengthy discussion, but an extremely important one. "Income Inequality" is a front-page topic so let's take a close look. From Pettis ... Reviving the “Underco
Tuesday, March 18, 2014
Jason Hommel - Silverstockreport
Mines Management: $1.50 to $20-$80/share.
I own Mines Management Stock; and Mines Management has not paid me, neither in cash, nor stock, to write this article. That means I make money only if the stock goes up in value. Mines Management stock is trading around $1.50/share as of March 13, 2014. Here are three ways to value the stock: 1. NPV: price target: $27.5/share 2. Resource leverage: 113:1 or 250:1 3. Expected PE ratio: price target $41/share Here is how I arrived at those values: 1. NPV method: Net Present Value about $800
Friday, March 14, 2014
Essential Knowledge for Maximizing Real Gains
“Noted investor Jim Rogers says outgoing Federal Reserve Chairman Ben Bernanke has set the stage for the collapse of the U.S. central bank within the next decade, and had turned the nation’s fiscal balance sheet into ‘garbage.’“In a recent interview with the British financial website Mineweb, Rogers said Bernanke and his fellow central bankers in other countries have brought the global economy to the brink of disaster….“Rogers predicted that history will remember Bernanke as ‘the guy who set the
Friday, February 28, 2014