Category Archive: 6b) Austrian Economics

Good Money and Bad Money

OUZILLY, France – Last week’s U.S. jobs report came in better than expected. Stocks rose to new records. As we laid out recently, a better jobs picture should lead the Fed to raise rates. This should cause canny investors to dump stocks.

Read More »

Love him or Hate him: Trump is the Revolution Against the Establishment

The 2016 U.S. presidential elections are unprecedented: I don’t believe we have ever witnessed before a campaign year so toxic, so dangerously divisive and full of ad hominem attacks. Both camps have vilified the opposition and their followers, creating a schism in society. There has been no rational dialogue on the issues that truly concern the American public.

Read More »

Too Early for “Inflation Bets”?

After 35 years of waiting… so many false signals… so often deceived… so often disappointed… bond bears gathered on rooftops as though awaiting the Second Coming. Many times, investors have said to themselves, “This is it! This is the end of the Great Bull Market in Bonds!”

Read More »

Gold Bull Market Remains Intact – Long Term Fundamentals Outweigh Short Term Market Gyrations

In early 2016 gold had a big bull run. The precious metal rose close to 25% this year, pushed higher in a summer rally that peaked on July 10th. Gold experienced a bumpy ride over the remainder of the summer though, as investors became increasingly concerned about a potential rate hike by the Federal Reserve. Uncertainty returned to gold market and has intensified further since then.

Read More »

Putting an End to the Regulatory Industry

Corporate life in America these days is fraught with tedium. First the MBAs imposed their silly six sigma processes and reduced workers to mere widgets. Then the regulators went through and squashed out any fun that remained.

Read More »

Canadian Bank Starts Charging Negative 0.75percent Rate On Most Foreign Cash Balances

Despite speculation over the past year that Canada may join Japan and Europe in the NIRP club and launch negative interest rates, so far the BOC has stood its ground. However, starting on December 22, for the broker dealer clients of one of Canada's most reputable financial institutions, BMO Nesbitt Burns, it will be as if the Canadian bank has cut its deposit rate on most currencies, to match the deposit rate of Switzerland.

Read More »

Two Types of Credit — One Leads to Booms and Busts

In the slump of a cycle, businesses that were thriving begin to experience difficulties or go under. They do so not because of firm-specific entrepreneurial errors but rather in tandem with whole sectors of the economy. People who were wealthy yesterday have become poor today. Factories that were busy yesterday are shut down today, and workers are out of jobs.

Read More »

About that Economic Inequality

I address this essay to two groups. One group is those among the liberty movement, who believe that there’s nothing wrong with inequality. These are often Objectivists, who unknowingly defend a regime that artificially suppresses working people.

Read More »

Ronald Stöferle: “Aktuell befinden wir uns in Phase 2 von 3 im Bullenmarkt

Ronald Stöferle: “Aktuell befinden wir uns in Phase 2 von 3 im Bullenmarkt: Die Beteiligung der breiten Öffentlichkeit” Interview mit dem Goldanalyst und Geldexperten

Read More »

Inflation Expectations Rise Sharply

We have witnessed truly astonishing short term market conniptions following the Donald Trump’s election victory. In this post we want to focus on one aspect that seems to be exercising people quite a bit at present, namely the recent surge in inflation expectations reflected in the markets. Will we have to get those WIN buttons out again?

Read More »

Miningscout-Interview mit Rohstoffanalyst Dimitri Speck: Gold und Silber werden profitieren!

Auf der Edelmetallmesse 2016 sprach Miningscout Chefredakteur Erwin Matula mit dem Rohstoffexperten und Buchautor Dimitri Speck über die Verschuldung des Finanzsystem, schleichende Enteignung und die Auswirkungen hieraus auf die Edelmetallpreise. Dimitri Speck ist Marktanalytiker und Chef-Entwickler für die Handelsstrategien der Vermögensverwaltung Staedel Hanseatic. Mehr Information finden Sie unter http://www.geheime-goldpolitik.de und...

Read More »

The Government Won’t Make America Great Again | by Gary Galles

The 2016 election was notable for many things—from the frequency of ad hominem arguments to the frequency of scandals to the frequency of OMG reactions to Donald Trump’s victory. But one thing notable for its absence has been adherence to the principles that created America as a unique beacon of hope for liberty. Text version: …

Read More »

The Fed’s “Hothouse” Is in Danger

RHINEBECK, New York – It is a beautiful autumnal day here in upstate New York. The trees are red, brown, and yellow. Squirrels hop across the lawn, collecting their nuts. Unseasonably warm the last few days, rain showers are moving in from across the Hudson, driven by a chilly wind.

Read More »

Anarchapulco Speech-2: What is happening in the Rest – Negative-yields, and India’s love for gold

Jayant is constantly traveling the world to look for investment opportunities, particularly in the natural resource sector. He advises institutional investors about his finds. He is a contributing editor of the Liberty magazine and has written for the Mises Institute, the Mises Institute (Canada), Casey Research, Le Québécois Libre, Sprott’s Thoughts, LewRockwell.com, etc. The presentation …

Read More »

Anarchapulco Speech-1: Diversify & Internationalize: How the West is Changing reversibly

Jayant is constantly traveling the world to look for investment opportunities, particularly in the natural resource sector. He advises institutional investors about his finds. He is a contributing editor of the Liberty magazine and has written for the Mises Institute, the Mises Institute (Canada), Casey Research, Le Québécois Libre, Sprott’s Thoughts, LewRockwell.com, etc. The presentation …

Read More »

Dissection of the Long-Term Asset Bubble

The Long Term Outlook for the Asset Bubble Due to strong internals, John Hussman has given the stock market rally since the February low the benefit of the doubt for a while. Lately he has returned to issuing warnings about the market’s potential to deliver a big negative surprise once it runs out of greater fools.

Read More »

Martin Moraeus – Rädda inte landsbygden, lämna den i fred | #090 Radio Mises

Ludwig von Mises-Institutet i Sverige: http://www.mises.se Frihetsbonden Martin Moraeus gästar oss och vi diskuterar de artiklar han nyligen har skrivit om att det inte är så eländigt på landsbygden som det ibland påstås. Bristen på sushirestauranger uppvägs av andra fördelar, inte minst finns för den som vill driva företag. Vi får också lära oss ord som nyckelbiotop och båtnad samt skillnaden mellan plöja och ploga....

Read More »

Martin Moraeus – Rädda inte landsbygden, lämna den i fred | #090 Radio Mises

Ludwig von Mises-Institutet i Sverige: http://www.mises.se Frihetsbonden Martin Moraeus gästar oss och vi diskuterar de artiklar han nyligen har skrivit om att det inte är så eländigt på landsbygden som det ibland påstås. Bristen på sushirestauranger uppvägs av andra fördelar, inte minst finns för den som vill driva företag. Vi får också lära oss ord …

Read More »

Toward a New World Order, Part II

One of the most widespread misconceptions in the realm of politics is the notion of a left-right axis. This has been used over and over to explain political outcomes and paint the various factions as polar opposites. For example, in the US the two main parties, the Republicans (right) and Democrats (left), are often portrayed as a fight between good and evil.

Read More »

Toward a New World Order?

A Brave New World is coming? Perhaps. We had a recent discussion with a group of people in the hopeless business of doing long term forecasting. This made us think about what the world will look like over the next 20 to 40 years. A pretty thankless task, but the bottom line is without a damn good war, Asia will be the way of the future.

Read More »