Category Archive: 6a) Gold and its Price
Great Graphic: Gold and the Dollar
Many investors still think about gold as if it were money. Economists identify three functions of money: store of value, means of exchange, and a unit of account.
It can be a store of value, but the price fluctuates compared with other form...
Read More »
Read More »
The Global Monetary System Has Devalued 47 percent Over The Last 10 Years
Authored by Paul Brodsky via Macro-Allocation.com,
We have argued the inevitability of Fed-administered hyperinflation, prompted by a global slowdown and its negative impact on the ability to service and repay systemic debt. One of the most political...
Read More »
Read More »
Switzerland About to Vote on “Free Lunch” for Everyone
Will the Swiss Guarantee CHF 75,000 for Every Family? In early June the Swiss will be called upon to make a historic decision. Switzerland is the first country worldwide to put the idea of an Unconditional Basic Income to a vote and the outcome of ...
Read More »
Read More »
Commodities – Will the Rally Continue?
Pros and Cons The recent rally in commodity prices has surprised many market participants and has greatly supported the stock market’s rebound. It has also made bulls out of a number of former stock market bears, as one of its side effects was to c...
Read More »
Read More »
Paper Gold Is Rising
The Metals Take Off The price of gold shot up over $60 this week. The price of silver moved up proportionally, gaining over $0.85. The mood is now palpable. The feeling in the air is that of long suffering suddenly turned to optimism. Big gains, if...
Read More »
Read More »
Making Sense of China’s Gold Fix and Hungary’s Dim Sum Offering
Earlier today, China launched its first gold fix. It will offer a fixing twice a day going forward yuan. The Shanghai Gold Exchange established the fix the same way it is done in London and New York, by prices submitted by financial institutions. In China’s case, 18 institutions, including two foreign banks, participate in the …
Read More »
Read More »
Cultural Marxism and the Birth of Modern Thought-Crime
What the Establishment Wants, the Establishment Gets If a person has no philosophical thoughts, certain questions will never cross his mind. As a young man, there were many issues and ideas that never concerned me as they do today. There is one que...
Read More »
Read More »