| |
 | Alasdair Macleod - Finance and Eco. |
| Currency exchange value dynamics |
| In a recent article[i] I postulated that the dollar could lose all its purchasing power with a rapidity that will come as an unpleasant bombshell, even to those who already see inflation as society’s greatest problem in the future. The key to understanding why this may be so lies in human reactions to the monetary consequences of the next credit crisis. The undermining of the dollar as a currency affects all other fiat currencies, because it is the reserve currency and all financial markets use Thursday, March 1, 2018 |
|
| Alasdair Macleod - Finance and Eco. |
| A Roman lesson on inflation |
| “While it is the duty of the citizen to support the state, it is not the duty of the state to support the citizen” – President Grover ClevelandThe point President Cleveland made back in the 1880s was that individuals and vested interests had no rights to preferential treatment by a government elected to represent all. For if preference is given, it is always at the expense of others.Those days are long gone, and the last president to take this stance was Calvin Coolidge in the 1920s. He was follFriday, February 23, 2018 |
|
| Alasdair Macleod - Finance and Eco. |
| When will the next credit crisis occur |
| The timing of any credit crisis is set by the rate at which the credit cycle progresses. People don’t think in terms of the credit cycle, wrongly believing it is a business cycle. The distinction is important, because a business cycle by its name suggests it emanates from business. In other words, the cycle of growth and recessions is due to instability in the private sector and this is generally believed by state planners and central bankers.This is untrue, because cycles of business activity hSunday, February 11, 2018 |
|
 | Gary Christenson - Sprott Money |
| A Return to Financial Sanity Gary Christenson (03/01/2018) |
| Financial sanity and stability may not return,
but we can protect our assets and learn from the discussion.
The DOW, S&P500, NASDAQ and other markets sell
at all-time highs. However, many imbalances exist within our financial world.
This is not new – things have been crazy
before, are now, and will be again.
But
to regain financial sanity we need:
From “Doug Casey on the New
Fed Chair
”
“In an
ideal world there would be some radical changes. The best thing for the US in
the (famous) lWednesday, January 3, 2018 |
|
| Alasdair Macleod - Finance and Eco. |
| Investment prospects for 2018 |
| Predicting the future is a mug’s game, and in financial markets we simply cannot know tomorrow’s prices. All we can do is make assessments of the factors that can be expected to influence them.Economists’ forecasts today, with very few exceptions, are a waste of time and downright misleading. In 2016, we saw this spectacularly illustrated with Brexit, when the IMF, OECD, the Bank of England and the UK Treasury all forecast a slump in the British economy in the event the referendum voted to leaveThursday, December 28, 2017 |
|
| Alasdair Macleod - Finance and Eco. |
Europe, Brexit and the credit cycle  |
| Europe’s financial and systemic troubles have retreated from the headlines. This is partly due to the financial media’s attention switching to President Trump and the US budget negotiations, partly due to Brexit and the preoccupation with Britain’s problems, and partly due to evidence of economic recovery in the Eurozone, at long last. And finally, anyone who can put digit to computer key has been absorbed by the cryptocurrency phenomenon.Just because commentary is focused elsewhere does not meaFriday, December 15, 2017 |
|
 | Andy Hoffman - Miles Franklin |
| The Chances Are Exactly Zero |
| Financial sanity and stability may not return, but we can protect our assets and learn from the discussion.
The DOW, S&P500, NASDAQ and other markets sell at all-time highs. However, we know many imbalances exist within our financial world.
This is not new – things have been crazy before, are now, and will be again. But to regain financial sanity we need:
From “Doug Casey on the New Fed Chair”
“In an ideal world there would be some radical changes. The best thing for the US in the (famous) long Monday, December 4, 2017 |
|
| Alasdair Macleod - Finance and Eco. |
| Deflation must be embraced |
| There are two problems with understanding deflation: it is ill defined, and it has a bad name. This article puts deflation into its proper context. This is an important topic for advocates of gold as money, who will be aware that sound money, in theory, leads to lower prices over time and is often criticised as an objective, because it is not an inflationary stimulation.The simplest definition for deflation is that it is when the quantity of money contracts. This can come about in one or more ofFriday, November 24, 2017 |
|
 | George F. Smith - Barbarous Relic |
| An outrageous proposal — or not |
| A cry could be heard from somewhere in the room.
No one was surprised. This had been an unthinkable outcome for those in attendance, and a sense of quiet shock had overtaken everyone. This was not a G7 or a G20 summit. It was a meeting deliberately without a label. It would never again happen. It couldn’t.
The leaders of the world’s states had gathered to find solutions to the problems they feared were threatening human life on earth. They were reminded of the incessant wars, the likWednesday, October 25, 2017 |
|
| Alasdair Macleod - Finance and Eco. |
| The upcoming increase in interest rates |
| Last week, both Janet Yellen of the Fed and Mark Carney of the Bank of England prepared financial markets for interest rate increases. The working assumption should be that this was coordinated, and that both the ECB and the Bank of Japan must be considering similar moves.Central banks coordinate their monetary policies as much as possible, which is why we can take the view we are about to embark on a new policy phase of higher interest rates. The intention of this new phase must be to normaliseFriday, October 6, 2017 |
|
| Alasdair Macleod - Finance and Eco. |
| The forthcoming global crisis |
| The global economy is now in an expansionary phase, with bank credit being increasingly available for non-financial borrowers. This is always the prelude to the crisis phase of the credit cycle.Most national economies are directly boosted by China, the important exception being America. This is confirmed by dollar weakness, which is expected to continue. The likely trigger for the crisis will be from the Eurozone, where the shift in monetary policy and the collapse in bond prices will be greatesThursday, September 21, 2017 |
|
| Sprott Money |
| The LBMA Is A Ploy of the Central Bank Community - Nico Simons |
| This
article is about the way the Central Bank Community manipulates the price of
gold and the role of the LBMA within. We describe some of the signs that the
Central Bank Community manipulate the price of gold and that they are using the
LBMA to reach their goal. Is the manipulation of the gold price a classic case of
Diffusion of responsibility because so many organizations are involved and
avoid taking responsibility?
Manipulation is a joint effort of the Central
Bank Community
The sigWednesday, August 23, 2017 |
|
| Sprott Money |
| The LBMA is a ploy of the Central Bank Community |
| This
article is about the way the Central Bank Community manipulates the price of
gold and the role of the LBMA within. We describe some of the signs that the
Central Bank Community manipulate the price of gold and that they are using the
LBMA to reach their goal. Is the manipulation of the gold price a classic case of
Diffusion of responsibility because so many organizations are involved and
avoid taking responsibility?
Manipulation is a joint effort of the Central
Bank Community
The signsWednesday, August 16, 2017 |
|
| USA GOLD - USA Gold |
| The Daily Market Report: Gold Corrects After Solid Jobs Data, But Underlying Fundamentals Remain Supportive |
| USAGOLD/Peter Grant/08-04-17
Gold retreated from 7-week highs after better than expected July jobs data finally gave the dollar something to smile about. The nearly 1% rise in the dollar index today, knocked gold down by a similar amount, resulting in new lows for the week.
However, jobs are the least of the Fed’s worries; at least what is revealed by the headline numbers. If they paid any attention to the quality of those jobs, they might be a little concerned on that front as well. For now thoFriday, August 4, 2017 |
|
| Alasdair Macleod - Finance and Eco. |
The logic of a modern gold standard  |
| In last week’s Insight, I analysed the current geopolitical situation and concluded that it was now in the interest of the Shanghai Cooperation Organisation to break from the US dollar completely, by establishing a new monetary and banking systemi. By linking the yuan and rouble to gold, the SCO’s principal currencies would be insulated from manipulation by means of dollar currency rates, and their use as a weapon to undermine the Sino-Russian partnership. This article addresses some of the pracThursday, July 13, 2017 |
|
 | Mark O'Byrne - gold.ie |
| China, Russia Alliance Deepens Against American Overstretch |
| – China and Russia allied on Syria and North Korea
– Beijing & Moscow economic & monetary ties deepen
– Trump needs Russia in order to maintain balance of power in superpower triumvirate
– Sino-Russian relations currently in their “best time in history” says Chinese President ahead of G20
– China, Russia call for calm diplomacy on Syria, Korea
– China, Russia “fed up with Washington’s pursuit of hegemony”
– US is “biggest source of global strategic risks” according to China state media
– ImportaMonday, July 10, 2017 |
|
| Bullion Vault |
| Gold Bullion 'Risks Double Top Confirmation' at $1214 as Korea Tensions Rise, Yen Falls |
| GOLD BULLION touched new 8-week lows against a rising US Dollar on Wednesday, coming within $3.20 of early May's bottom at $1214 per ounce as world stock markets rose yet again with Eurozone government bond yields.
Platinum dropped to $902 per ounce – erasing the last of 2017's earlier 16% gain versus the US Dollar – while
silver prices fell 7 cents through what Swiss refiners MKS Pamp in a trading note this morning called "
Wednesday, July 5, 2017 |
|
| Bullion Vault |
| Gold Prices +$5 After N.Korea's 4th of July ICBM Test, Trump Calls on China to 'End This Nonsense' |
| GOLD PRICES in London's wholesale market recovered $5 per ounce from an overnight drop below $1220 on Tuesday, rallying from that 8-week low as North Korea marked US Independence Day by announcing the successful test of an intercontinental ballistic missile.
The isolated regime of Communist
founder Kim Il-sung's grandson said dictator Kim Jong-un personally supervised the launch, with
state newsreader Ri Chun-hee sayingTuesday, July 4, 2017 |
|
| Alasdair Macleod - Finance and Eco. |
| Brexit, Germany and Asia |
| Britain’s general election went horribly wrong, with the Conservatives forced into a putative coalition with the Democratic Ulster Party. Theresa May’s failure to secure a clear majority has provoked indignation, bitterness, and widespread pessimism.The purpose of this article is not to contribute to this outcry, but to take a more measured view of the situation faced by the British government with regards to Brexit, and the consequences for Europe. In the interests of an international readershiThursday, June 15, 2017 |
|
 | Deepcaster |
| PROFIT/PROTECT from Looming MEGA-RISKS |
| Mega-Risks Loom in the Next very few months and most will be realized. But for Investors properly positioned, they Provide Very Substantial Profit and Wealth Protection Opportunities. First let’s examine the Risks, then the Profit Opportunities.MEGA-RISKSChinaPerhaps the Main One will be the slowdown in growth in China, the world’s second largest economy. This Slowdown will be Caused mainly by China’s serious drive to restrain unsustainable credit growth.Indeed, credit outstanding (including toSaturday, June 10, 2017 |
|
|
