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 | John Butler - Goldmoney |
| Financial crisis dynamics, the ‘shadow’ gold demand, and Mene |
| The study of financial crises is as old as the economics discipline itself. One of the most prominent theorists of financial crises ever to hold a senior Federal Reserve policy position was John Exter, vice-president of the New York Federal Reserve during the 1950s. Several years ago I co-wrote a series of essays on Exter’s theories together with his sonin- law, Barry Downs. In this paper, building on Exter’s work, including his eponymous ‘pyramid’, I introduce a new ‘hourglass’ framework for unSaturday, November 14, 2020 |
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 | Mark O'Byrne - gold.ie |
| Shrinkflation Intensifies – Stealth Inflation As Thousands of Food Products Shrink In Size, Not Price |
| – Shrinkflation continues to take hold across UK, Ireland and US for sixth year running– Shrinkflation sees consumers gets less product, but at the same or increased price– 2,500 products have shrunk according to Office of National Statistics in UK– Reported inflation is between 1.7% and 3% but actually much higher– Shrinkflation is financial fraud, unreported inflation in stealth mode– Gold is hedging inflation and shrinkflation
Editor: Mark O’Byrne
Two bars of the Toblerone Swiss chocolate. NeMonday, February 5, 2018 |
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 | Deepcaster |
| Profiting in 2018 |
| DEEPCASTER LLCFORTRESS ASSETS PORTFOLIO | LETTERS, ALERTS & ARTICLESHIGH POTENTIAL SPECULATOR | HIGH YIELD PORTFOLIOPreserve & Enhance WealthInvestment & Geopolitical Intelligence(Part 1)Key Sector Bubbles Bursting and Mega-Moves Up in others are our forecast for 2018—and we expect the Bursting and one Mega-Spike UP to begin very soon. (See our latest Alerts and Letters for our Specific Forecasts and Buy Recommendations).The election of Donald Trump as President and then the December, 2017 passaSaturday, January 20, 2018 |
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| Mark O'Byrne - gold.ie |
| UK Stagflation Risk As Inflation Hits 3.1 and House Prices Fall |
| – UK inflation hits 3.1%, highest in nearly six years– UK earnings flat – households are still suffering falling real wages– Stagflation risk as food and drink prices jumped 4.1% in 12 months– UK house prices fall two-months in a row, down 0.5% in October– Real stagflation risk now, inflation high and growth slowing– Savings continue to be eaten by inflation
It was just two years ago that Mark Carney was writing his fourth letter to the British Chancellor, explaining why the country was in a dTuesday, January 2, 2018 |
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 | Adam Hamilton - Zealllc |
| Bitcoin Mania Parabolic |
| Bitcoin’s meteoric skyrocketing this year has been astonishing,
captivating traders across the globe. This once-obscure
cryptocurrency has exploded into the world’s hottest market. With
fortunes being won on paper, everyone is talking about bitcoin. But
with its price shooting parabolic, unfortunately this wild ride has
all the hallmarks of a classic popular speculative mania. And those
all end badly, totally collapsing.
In
the annals of financial-market historFriday, December 8, 2017 |
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 | Jan Skoyles - GoldCore |
| Deepening Crisis In Hyper-inflationary Venezuela and Zimbabwe |
| – Deepening Crisis In Hyper-inflationary Venezuela and Zimbabwe
– Real inflation in Zimbabwe is 313 percent annually and 112 percent on a monthly basis
– Venezuela’s new 100,000-bolivar note is worth less oday thehan USD 2.50
– Maduro announces plans to eliminate all physical cash
– Gold rises in response to ongoing crises
A military coup-de-grace in Zimbabwe and a bankrupt Venezuela. Both countries have extreme hyperinflation, citizens are starving and basic medical treatment is near impossiblWednesday, November 22, 2017 |
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 | Steve Saville - Speculative Investor |
| An attempt to quantify the immeasurable |
| To paraphrase Einstein, not everything worth measuring is measurable and not everything measurable is worth measuring. The purchasing power of money falls into the former category. It is worth measuring, in that it would be useful to have a single number that consistently reflected the economy-wide purchasing power of money. However, such a number doesn’t exist.
Such a number doesn’t exist because a sensible result cannot be arrived at by summing or averaging the prices of disparate items. For eWednesday, November 1, 2017 |
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| Deepcaster |
| Profit, Protection, Despite Cartel Interventions—November 2017 Update |
| Governments love [the war on cash]. Then they can control you...we are not going to have as many freedoms as we have now ...get prepared because we're going to have the worst economic problems we've had in your lifetime or my lifetime and when that happens a lot of people are going to disappear.“…the next time aroWednesday, November 1, 2017 |
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 | Egon von Greyerz - Matterhorn AM |
| DOW TO LOSE 97 AGAINST GOLD |
| In the last 48 years, since 1969, an investor who put $1,000 into the Dow would today have $33,000. That is a gain of 3,200% or 7.6% annually. On the other hand, someone who put $1,000 into gold in 1969 would today have $37,000 or 7.8% annual return. But if you add dividends to the Dow, the return is far superior at 10.7% with the dividends reinvested.
1969 seems like an arbitrary start year but it happens to be the year that I started my first job. No one could of course have predicted any of tFriday, October 27, 2017 |
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| Graham Summer - Gains Pains & Capital |
| The Best Predictor of Future Inflation is Flashing "WARNING!" |
| The Fed is dramatically understating real inflation.
As you know, I’ve been very critical of the Fed’s inflation measures for years. The official inflation measure (Consumer Price Index or CPI) does a horrible job of measuring the actual cost of living for Americans.
I have long stated that this is intentional as the purpose of CPI is to hide the true rate of inflation so the Fed can paper over the decline in living standards that has plagued the US for the last few decades.
The Fed isn’t doingThursday, October 12, 2017 |
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| Egon von Greyerz - Matterhorn AM |
| WAKE UP AMERICA – THE DOLLAR IS GOING TO ZERO |
| For news to be read and understood by a great number of people, it must be simple, sensational and forgettable. Most individuals are not interested in “heavy” news or complicated issues. Just compare television and newspapers today to say 50 years ago. At that time, newspapers had very few pictures but instead covered serious matters with in depth analysis. Same with television. In the 1960s there was serious news and many programmes which raised important issues in society or politics, which maMonday, October 2, 2017 |
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| Graham Summer - Gains Pains & Capital |
| A Tsunami of Inflation Has Just Appeared on the Horizon |
| Inflation is coming.
It’s taken seven years of ZIRP and over $4 trillion in QE, but the Federal Reserve has finally begun to unleash inflation.
It won’t show up in the official inflation measures like the Consumer Price Index CPI for a while. And this is intentional. The Fed knows that CPI doesn’t measure real inflation.
How do we know this?
The Fed itself published a paper back in 2002 admitting its official measures of inflation (CPI and PCE) do a horrible job of predicting future inflation. TTuesday, September 19, 2017 |
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 | Adrian Ash - Bullion Vault |
| Tick-Tock, Northern Rock |
| Ermine for idiots, profits for bankers. And for savers? Risk...
EVEN a stopped clock tells the right time twice a day,
writes Adrian Ash at BullionVault.
And 10 years ago this week, the minute-hand slowly turned towards a dark midnight which gloomy gold bugs like us had long predicted.
We like to flatter ourselves that Wednesday, September 13, 2017 |
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 | Mish - Global Economic Analysis |
| Real Male Earnings Below 1973 Level: Median Household Income Improvement Entirely Due to Rising Female Earnings |
| The Census Bureau report Income and Poverty in the US 2016 shows real household income in the US hit a new record high of $59,039 in 2016 thanks to a methodology change and rising incomes of women.
Real, inflation adjusted, earnings of men are below where they were in 1973.
Men vs Women
Methodology Change Impact on Earnings
Methodology Change Impact on Poverty
New Record
The Wall Street Journal reports U.S. Household Incomes Rose in 2016 to New Record.
Widening Inequality
Hooray!
SlightlyWednesday, September 13, 2017 |
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| Adrian Ash - Bullion Vault |
 Gold Price Not 100 About Real Rates. But Close |
| Nor 100% about the Dollar. Just in time for Goldman Sachs to catch on...
NICE to see Goldman Sachs spotting what matters 3 months late.
"It is tempting to blame the rally in gold prices on recent events in North Korea,"
says a note from the US investment bank's commodities team under Jeffrey Currie.Thursday, September 7, 2017 |
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| Mark O'Byrne - gold.ie |
| This Is Why Shrinkflation Is Making You Poor |
| – Shrinkflation has hit 2,500 products in five years
– Not just chocolate bars that are shrinking
– Toilet rolls, coffee, fruit juice and many other goods
– Effects of shrinkflation been seen for “good number of years” – Consumer Association of Ireland
– Shrinkflation is stealth inflation, form of financial fraud
– Punishes vulnerable working and middle classes
– Gold is hedge against inflation and shrinkflation
Editor: Mark O’Byrne
“…Oompa Loompa doo-pa-dee doo…I’ve got another puzzle for youFriday, July 28, 2017 |
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| Mark O'Byrne - gold.ie |
| Why Surging UK Household Debt Will Cause The Next Crisis |
| – Easy credit offered by UK banks is endangering “everyone else in the economy”
– UK banks are “dicing with the spiral of complacency” again
– Bank of England official believes household debt is good in moderation
– Household debt now equals 135% of household income
– Now costs half of average income to raise a child
– Real incomes not keeping up with real inflation
– 41% of those in debt are in full-time work
– £1.537 trillion owed by the end of May 2017
Editor: Mark O’Byrne
Why UK household Wednesday, July 26, 2017 |
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| Graham Summer - Gains Pains & Capital |
| “Bigger Systemic Risk” Now Than 2008 - Bank of England |
| “Bigger Systemic Risk” Now Than 2008 - Bank of England
- Bank of England warn that "bigger systemic risk" now than in 2008- BOE, Prudential Regulation Authority (PRA) concerns re financial system- Banks accused of "balance sheet trickery" -undermining spirit of post-08 rules- EU & UK corporate bond markets may be bigger source of instability than '08- Credit card debt and car loan surge could cause another financial crisis- PRA warn banks returning to similar practices to those that sparked 08 cMonday, July 17, 2017 |
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| Graham Summer - Gains Pains & Capital |
| Video – “Gold Should Probably Be $5000” – CME Chairman |
| Video - "Gold Should Probably Be $5000" - CME Chairman Duffy
- Fed has caused “frustration” and “confusion” in market place- "If you adjust for inflation, you should have gold somewhere around 2 to 3,000 per ounce"- "If you look at what is going on the world, gold should probably be $5,000 to $6,000 per ounce"- "Lot of us are so jaded about what is going on in the world, it is like yesterday's newspaper in five minutes"- "One day you will not be able to dismiss them and you will see a huge moveThursday, July 13, 2017 |
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| Graham Summer - Gains Pains & Capital |
| India Gold Imports Surge - First Half 2017 Higher Than All 2016 |
| - India gold imports in H1, 2017 greater than all of 2016- India imported 521 tonnes of gold in first half of 2017- H1 figure for gold imports $22.2 Bln versus $23 Bln in all '16- Gold demand was up 15% year- on-year in the first quarter- June gold imports climbed to an estimated 75 tonnes from 22.7 tonnes a year ago- Annual total set to surpass 900 tons, strongest year since '12- “I trust gold more than the currencies of countries” - 63% of Indians in Survey
Editor: Mark O'Byrne
Gold imports inWednesday, July 12, 2017 |
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