| |
 | Gerard Jackson |
| The "wealth effect" an Austrian view |
| It is being said that if the fed could just get the ‘wealth effect’ into motion the US economy would fully recover from the recession. But the ‘wealth effect’ is a phantom, the sort of economic fallacy that only a Keynesian could conjure up. Those who support this fiction argue that a stock market’s performance is driven by a net inflow of funds which in turn is driven by economic growth. They go further by saying that growth in turn is driven by investment, innovation and productivity, all ofSaturday, February 20, 2021 |
|
 | Frank Shostak |
| Why We Now Measure Gold in Dollars — and Not the Other Way Around |
| Prior to 1933, the name "dollar" was used to refer to a unit of gold that had a weight of 23.22 grains. Since there are 480 grains in one ounce, this means that the name dollar also stood for 0.048 ounce of gold. This in turn, means that one ounce of gold referred to $20.67.Observe that $20.67 is not the price of one ounce of gold in terms of dollars as popular thinking has it, for there is no such entity as a dollar. Dollar is just a name for 0.048 ounce of gold. On this Rothbard wrote,No one pWednesday, February 10, 2021 |
|
 | Mike Hewitt - Dollar Daze |
 America's Forgotten War Against the Central Banks |
| "Let me issue and control a nation's money supply, and I care not who makes
its laws." (Mayer Amschel Rothschild, Founder of Rothschild Banking Dynasty)
Many prominent Americans such as Benjamin Franklin, Thomas Jefferson, and
Andrew Jackson have argued and fought against the central banking polices used
throughout Europe.
A note issued by a central bank, such as the Federal Reserve Note, is bank
currency. These notes are given to the government in exchange for an interest-bearing
gTuesday, January 5, 2021 |
|
| Frank Shostak |
Why Fractional-Reserve Banking Would Be Limited in an Unhampered Market  |
| The so-called multiplier arises as a result of the fact that banks are legally permitted to use money that is placed in demand deposits. Banks treat this type of money as if it was loaned to them, thus loaning it out while simultaneously allowing depositors to spend that money.RELATED: "Austrians, Fractional Reserves, and the Money Multiplier" by Robert BatemarcoFor example, if John places $100 in demand deposit at Bank One he doesn't relinquish his claim over the deposited $100. He has unlimiteTuesday, December 22, 2020 |
|
 | Jeff Clark - Goldsilver |
| Why Own Gold The Top 10 Reasons to Buy Gold Now |
| Is gold a good investment? Why should you own it?It’s natural and even prudent for an investor to wonder if a particular asset is a good investment or not. That’s especially true for gold, since it’s an inert metal and doesn’t earn any interest.But the reasons for owning physical gold go beyond the possibility of its price rising. Gold bullion offers distinct advantages that simply can’t be found in almost any other investment. These advantages give you power as an investor. And yes, one of thesMonday, May 18, 2020 |
|
 | Mac Slavo - ShtfPlan |
| 2019: The Beginning Of The End (Free Premium Report) |
| Now that it’s 2019, we’re going to start the new year here at Peak Prosperity by responding to the wishes of our premium subscribers and making our most recent premium report free to everyone.
For those unfamiliar with our work, it’s based on the idea that humanity is hurtling towards a disaster of our own making. Several powerful and unsustainable trends Monday, January 14, 2019 |
|
 | Gary Tanashian - Biwii |
| Bonds, Inflation And Amigos |
| The Bonds segment of NFTRH 491 took a turn to tin foil territory to allow the letter writer to expose newer subscribers to his ideological views and thus, bias. #491 also got pretty talky on the precious metals as it did a thorough review of the sector’s status, with silver’s symmetry to 2016 a very key item. Hint: An ill-fated bounce like so many that have come after the 2016 top is not what we are looking for with the next rally, but it ain’t gonna be easy. You can check out this article for aMonday, March 19, 2018 |
|
 | Andy Hoffman - Miles Franklin |
| The Chicago Way Precious Metals Protection Plan |
| Do you have a plan to protect your precious metals?
You should. I’m going to tell you mine today.
I’m from Chicago.
The second city. The windy city. The city of big shoulders.
All of that sounds nice, but if you’ve live in Chicago, the phrase that is always top of mind is not so romantic.
You may have heard it before. It’s the phrase that was famously mouthed by Sean Connery in the movie “The Untouchables” when he said “THATS the Chicago Way.”
The Chicago Way.
If you live in Chicago and don’t knFriday, March 9, 2018 |
|
 | Mark O'Byrne - gold.ie |
| RaboDirect Closing – Gold May Protect From Irish Banks Going Belly Up Again |
| – RaboDirect Ireland to close online savings accounts in Irish market on May 16– RaboDirect holds over €3 billion in deposits from its 90,000 Irish customers– Irish savers now exposed to still indebted Irish banks and bail-ins
– Bonkers.ie David Kerr mentions “one of note” GoldCore and GoldSaver on RTE radioRaboDirect, the online savings bank, is set to close the deposit accounts of all 90,000 customers by May 16. Rabodirect’s 90,000 depositors have more than €3 billion on deposit with the bank.Friday, March 9, 2018 |
|
| Mark O'Byrne - gold.ie |
| RaboDirect Closing – Gold May Protect From Irish Banks Going “Belly Up Again” – Finuncane |
| – RaboDirect Ireland to close online savings accounts in Irish market on May 16– RaboDirect holds over €3 billion in deposits from its 90,000 Irish customers– Irish savers now exposed to still indebted Irish banks and bail-ins
– Marian Finucane heard recently that buying gold is for “ordinary people” and not just for “rich and posh people”
– By owning gold “if banks go belly up again you would be covered” – Finucane
– Bonkers.ie David Kerr mentions “one of note” GoldCore and GoldSaver
– DepositoTuesday, March 6, 2018 |
|
| SRSrocco - SRSRocco Report |
| MEXICO’S OIL INDUSTRY CONTINUES TO DISINTEGRATE: PEMEX Suffers $18 Billion Loss |
| The situation in Mexico’s oil industry continues to rapidly disintegrate as falling oil production and rising costs resulted in an $18 billion fourth-quarter loss for the state-run oil company, PEMEX. Part of the reason for the huge financial loss at PEMEX was the fall in the value of the Mexican Peso. While PEMEX’s costs are in Pesos, it sells crude oil and purchases petroleum products in Dollars. Because the Mexican Peso declined 8% versus the Dollar, it put a huge strain on the company’s yFriday, March 2, 2018 |
|
 | Michael Ballanger |
| Stock Market Volatility Attributed to 'Shenanigans' |
| Back in January, I discussed the likelihood that global equity markets were approaching simultaneous tipping points beyond which legions upon legions of GenX-ers and Millennials would be thrown to the wolves by failing to recognize the financial mania engulfing them. I alluded to it being "Time for the Beast to Exhale," and within a few days, my volatility trade (UVXY) exploded to the upside as the "beast," better known as the global stock market ascent, finally exhaled and fell 3,300 Dow JonesFriday, February 23, 2018 |
|
 | Egon von Greyerz - Matterhorn AM |
| OWN GOLD BEFORE PANDORA REOPENS THE BOX |
| In the old Greek mythology, the opening of Pandora’s box unleashed many evils on the world. Within the next few years, we will see a modern Pandora’s box being opened that will lead to events in the world which will be as devastating as when the ancient box was opened. The very big difference is that this time the consequences will not be part of historical mythology. Instead they will be real and catastrophic for the whole world on a scale never experienced in history.
Pandora – the all givingFriday, February 23, 2018 |
|
 | Bob Hoye - Institutional Advisors |
Pivotal Events  |
| Signs of The Times
"New Survey Reveals Staggering Number Of People Are Buying BitCoin On Their Credit Cards"
- Zero Hedge, January 12.
"Why Is Liberal California The Poverty Capital Of America?"
- LA Times, January 14.
"Some South Africans Are Going Bankrupt Buying Cryptocurrencies"
- OkayAfrica.com, January 17.
"Year after year, the stock market has roared ahead, driven by the Federal Reserve's excessively easy monetary policy."
- Martin Feldstein, WSJ, January 16.
"China's home sales surged tSunday, February 4, 2018 |
|
| Mark O'Byrne - gold.ie |
| ATMs Hit By Malware “Jackpotting” Attacks That Dispense All Cash In Minutes |
| – ATMs in US hit by “jackpotting” attacks that empty ATMs in minutes
– FBI warns of attacks in US after similar crimes in Taiwan, Thailand and Europe– Hackers have stolen c.$1 million from ATMs across the US warns U.S. Secret Service– Target Diebold Nixdorf machines – #1 global ATM provider, 35% of ATMs worldwide– Digital deposits increasingly vulnerable – Time to save in physical gold
Editor: Mark O’Byrne
Source: TechViral.net
$1 million has been stolen from ATMs across the United States by hacWednesday, January 31, 2018 |
|
| Mark O'Byrne - gold.ie |
| Greatest Stock Bubble In History GoldNomics Podcast Transcript |
| Dave: Welcome to episode two of the Goldnomics podcast where we look at the developments in financial markets through the lens of precious metals. Before we start today, I just want to remind all our listeners to subscribe to the Goldnomics podcast on iTunes YouTube or SoundCloud. And you can also stay up to date with all of the developments in precious metals markets by subscribing for our market updates at www.goldcore.com. And you can find a link in the show notes accompanying this podcast.
Monday, January 29, 2018 |
|
| Egon von Greyerz - Matterhorn AM |
| MOVE IN COMMODITIES, DOLLAR, INTEREST RATES – ROAD TO HYPERINFLATION |
| 2018 is starting right on cue. Inflationary pressures have been latent for quite some time but have recently shown the world what is to come in the next few years.
How could anyone believe the propaganda that there is no inflation. It has of course suited the market manipulators. But the fake wizardry of the central bankers is now about to be revealed. Since the early 1980s the interest rate cycle were in a strong down trend. When the financial crisis started in 2007, central banks panicked and Sunday, January 28, 2018 |
|
 | Richard Mills - Ahead of the Herd |
| Resurgent US oil industry priming the economic pump |
| Crude oil prices dropped from $110 a barrel in the summer of 2014 to about $30 in January 2016. The effect on oil producers and oil-producing countries was dramatic. The Russian ruble plunged, and the Canadian dollar slipped to below 70 cents US for the first time since 2003, kicking the country into recession and snuffing out the oil boom in Alberta. Many foreign companies operating in the high-cost Canadian oil sands pulled up stakes.
One of the hardest hit countries was Venezuela, whose petrFriday, January 26, 2018 |
|
 | Mish - Global Economic Analysis |
| New Phase in "America First" Trade Policy |
| Heaven forbid consumers in the US get a break. Trump wants none of it.
I have idea. Let's raise prices and at the same time kill anything clean energy has going for it.
We call this policy "America First".
The Wall Street Journal reports U.S. Sets New Trade Tariffs, Signaling New Phase in ‘America First’ Policy.
President Donald Trump slapped steep tariffs on imports of solar panels and washing machines, kicking off his second year in office by showing he’s ready to start implementing his longThursday, January 25, 2018 |
|
| Mish - Global Economic Analysis |
| New Phase in "America First" Blatant Tariff Stupidity |
| Heaven forbid consumers in the US get a break. Trump wants none of it.
I have idea. Let's raise prices and at the same time kill anything clean energy has going for it.
We call this policy "America First".
The Wall Street Journal reports U.S. Sets New Trade Tariffs, Signaling New Phase in ‘America First’ Policy.
President Donald Trump slapped steep tariffs on imports of solar panels and washing machines, kicking off his second year in office by showing he’s ready to start implementing his longTuesday, January 23, 2018 |
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