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PRECIOUS METALS (US $)
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Articles related to Greenback
 
Peter Schiff - Euro Pacific Capital
The Biggest Loser Wins
While the world's economies jockey one another for the lead in the currency devaluation derby, it's worth considering the value of the prize they are seeking. They believe a weak currency opens the door to trade dominance, by allowing manufacturers to undercut foreign rivals, and to economic growth, by fighting deflation. On the other side of the coin, they believe a strong currency is an economic albatross that leads to stagnation. But the demonstrable effects of currency strength and weakness
Friday, May 24, 2013
Jan Skoyles - The Real Asset Co
  No cheap gold in Vietnam
One must wonder how Vietnam, a country where gold investing between 2011-2012 accounted for over 3% of GDP, has handled the global dash for gold in recent weeks. The country’s central bank and citizens hold more gold per capita than India and China, and they have been unable to benefit as well as their neighbours from the low gold prices. Whilst gold shortages induced premiums to be charged in both India and China, they were not to the extent seen in Vietnam. Here, the gold market is heavily reg
Tuesday, May 14, 2013
Axel Merk - Merk Fund
Currency Wars: Winners and Losers 
Who is winning the "currency wars"? Our take on the greenback, yen, sterling, euro and gold: The U.S. dollar. All the great things a couple trillion dollars in quantitative easing can buy: The stock market is reaching new highs. Except that investors have a rather difficult time diversifying as stock prices are highly correlated to the perception of more quantitative easing. Or shall we say Bernanke's health? The average yield on US junk-rated debt falls below 5 per cent for the first time. Exce
Thursday, May 09, 2013
Axel Merk - Merk Fund
Rising Dollar Myth
Year-to-date, the U.S. dollar is up; does that mean we are in a rising dollar environment? Or is it an opportunity to diversify out of the greenback? Last year, with all the turmoil in the Eurozone, the euro was up 1.79% versus the dollar; that appeared to be the best the U.S. dollar could do in times of turmoil. Of the major currencies only the Japanese yen was down versus the U.S. dollar:Year-to-date, the dollar index, a trade weighted index comparing the U.S. dollar to a basket of six major c
Wednesday, May 01, 2013
Nathan Lewis - New World Economics
The Great U.S. Economic Expansion of 1870-1913 
For some reason, it is conventional wisdom today that the years 1870-1914, the era of the Most Perfect Monetary System Ever Created, was a time of chronic recession and disaster. But how could that be? The United States was the world’s greatest economic success story of the last two centuries. When did that happen? It didn’t happen during the Civil War and the Great Depression. It must have happened — logically — during times of peace and prosperity.
Monday, April 29, 2013
Axel Merk - Merk Fund
Fed Exit? What Exit? Gold & Dollar Implications

Thursday, April 11, 2013
Tom DiLorenzo - lewRockwell
  Krugman and the Soviet Poverty Law Center 
Recently by Thomas DiLorenzo: The Sales Tax Price-Fixing Conspiracy Act of 2013       A couple of years ago when I appeared as one of Ron Paul's witnesses (the first one, actually) during his House of Representatives hearing
Monday, April 01, 2013
Jeb Handwerger - GoldStockTrades
Investors Seeking Gold And Silver On Banking Instability
For weeks, I alerted you to a yen devaluation and warned that it may next turn into a Euro decline, which could then be followed by a U.S. greenback collapse. All of these global bailout attempts and now this levy on depositors in Cyprus could destabilize the European banking system and boost the discounted gold (GLD) and silver (SLV) prices. In ancient Greece, farmers would plant crops based on prophecies from an oracle. Today investors look to spreadsheets and minute by m
Tuesday, March 19, 2013
Axel Merk - Merk Fund
Dollar-Crash Proofing a Portfolio
Peter: A lot of talk about a ?dollar crash? keeps coming up in the blogosphere. Is it a serious threat, and if so, what should an investor do about it?  Axel: A ?dollar crash? is what we call a ?tail risk? event. It's something that may or may not happen, but would have a large impact if it did happen. ?Black Swan? author Nassim Nicholas Taleb calls such events ?so rare as to be beyond the normal expectations in the history of finance.? Not everyone thinks the threats to the dollar are so remote
Wednesday, March 13, 2013
JS Kim - Smart Knowledge U
  Governments Worldwide are Implementing Orwellian Gold Confiscation Today. You Just Haven 
Bankers Have Flipped Monetary Truth Upside DownBankers have flipped the paradigm of monetary truth upside down today. People believe in fiat digital money that is, by definition of the term, counterfeit and have zero belief in money that is real, and thus lasted over 5000 years of global history. In fact so few people today have an understanding of monetary history and truth that when I tell them that all money in wide use and circulation today is the equivalent of counterfeit money, even though
Friday, March 08, 2013
Michael Pento - Delta Global Advisors
Currency Cold War
It isn't much of a secret that gold mining shares have suffered greatly in the past 18 months. In fact, since the summer of 2011 the Market Vectors Gold Miners ETF (GDX) has plummeted nearly 40%. That has caused many precious metal investors to give up hope on mining shares altogether; and to also now anticipate a tremendous plunge in gold prices. Nevertheless, I believe gold and gold mining shares offer investors a great value at this juncture and let me explain why. Interest rates in
Thursday, February 28, 2013
Axel Merk - Merk Fund
U.S. to "Win" Currency Wars?
Currency Wars will most importantly play out at the heart of investors? portfolios rather than in the blogosphere or on TV. While the focus may currently be on Japan?s efforts to weaken the yen, U.S. investors might be particularly vulnerable. Let me explain. Currency Wars start at home because the value of the greenback relative to other currencies may be key to investors? purchasing power. We know the Federal Reserve (Fed) has been busy buying Treasuries and Mortgage Backed Securities (MBS) th
Thursday, February 21, 2013
Peter Schiff - Euro Pacific Capital
The Pound Gets Pounded
As the global currency war intensifies, the majority of attention has been paid to the 17% fall of the Japanese yen against the U.S. dollar over the past few months. The implosion has given cover to the sad performance of another once mighty currency: the British pound sterling. But in many ways the travails of the pound is far more instructive to those pondering the fate of the U.S. currency.Japan has a unique economic and demographic profile which makes it a poor stalking horse. Newly elected
Wednesday, February 20, 2013
Axel Merk - Merk Fund
Currency Wars Are Evil
Real people may die when countries engage in ?currency wars.? Countries debasing their currencies risk, amongst others:Loss of competitivenessSocial unrestWarWe discuss not only why we believe currency wars are evil, but also what investors may be able to do about them. Loss of competitivenessThe illusory benefit of a weaker currency is to boost corporate earnings as companies increase their exports. That may well be true for the next quarterly earnings report, but ignores that their competitive
Wednesday, February 13, 2013
Jim Willie CB - Hat Trick Letter
  Pitched Currency War & USDollar Rejection 
Friend of gold Jim Sinclair, and executive to a mining firm with interests in Tanzania, put it so well. He captures the theme of this article when he said, "It is the constant drop in the dollar's usage as a contract mechanism internationally. No one sees this but it is the Hammer of Thor on the head of the dollar." The rejection of the USDollar in global trade will mean the end of the abused privilege in a currency turned toxic. Its rejection is the marquee event in the financial world for 2013
Friday, February 08, 2013
Axel Merk - Merk Fund
Euro: Rock Star of the Year?
After we referred to "Draghi's Genius" last August we received pity and ridicule as feedback. It is no longer taboo to be bullish on the euro, but in our 2013 outlook we took it a step further, predicting the euro will be a "rock star." Despite the recent run-up, we may not have seen anything yet. Let me explain. First, for some background, we were positive on the euro in 2010, when the currency was tumbling towards 1.18, arguing that the issues in the Eurozone were rather serious, but should pr
Wednesday, February 06, 2013
Charleston Voice
100 Years Of U.S. Federal Income Tax
Read also:  The TRUTH About the 16th Amendment Submitted by Tyler Durden on 02/03/2013 12:27 -0500 On February 3rd, 1913, one of the two most historic events in US history took place: the ratification of the 16th amendment, which established Congress' right to impose a Federal income tax on Americans, and overturned Article I, Section 9 of the US Constitution which explicitly prohibited a general income tax. The amendment was brief and to the point, and read as follows: "The Congress sha
Monday, February 04, 2013
Mark O'Byrne - gold.ie
German Gold Repatriation Is Victory For Transparency And GATA
The article concluded: “That the Bundesbank has been nudged into this new-found transparency must be chalked up as a victory for the groups of investors – most prominent among them, the Gold Anti-Trust Action Committee, or GATA – that have for years been asking central banks to reveal their activities in the gold market.”
Tuesday, January 29, 2013
Axel Merk - Merk Fund
Is the Fed Doping the Greenback?
For seven years Ben Bernanke has played Master of the Universe, that is, has been Chairman of the Federal Reserve (Fed). Bernanke vehemently denies his actions put the US economy at risk. Au contraire, having prevented the US economy's collapse, the Fed's actions have yielded profits to taxpayers. Naysayers lament money doesn't grow on trees, value can't be created through the printing press. Bernanke calls out his critics, and points to low "core" inflation as proof his policies are working. No
Tuesday, January 29, 2013
Tim Iacono - Iacono Research
Looking Back at How I Saw Things in 2007
After reading about how poor a job the Federal Reserve did in anticipating the 2008 financial crisis (as demonstrated in the meeting transcripts from 2007 that were released last week) and, after being pinged by a reader on this subject a short time ago, I thought it would be a good idea to publish some of what I was thinking and writing five or six years ago in order to see how my prognostication skills compared to the Fed’s. Reproduced in its entirety below is this item from the old blog that
Sunday, January 27, 2013
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