Tag Archive: The Economist

Digital Gold – For Now Caveat Emptor

2017-03-20

Bitcoin surpasses gold price - a psychological and arbitrary headline. Royal Mint blockchain gold asks you to trust in the UK government. Royal Canadian Mint and GoldMoney blockchain product asks you to trust in government and the technology, servers, websites etc of the providers. Invest in a gold mine using cryptocurrency - but wait until 2022 for your gold and trust the miners that it is there. Blockchain and gold will likely make a "good...

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Here Are The Best Hedges Against A Le Pen Victory

2017-02-13

by Tyler Durden

2017-02-13

On Friday, after it emerged that as part of Marine Le Pen's strategic vision for France, should she win, is a return to the French franc as well as redenomination of some €1.7 billion in French (non-international law) bonds, both rating agencies and economists sounded the alarm, warning it would "amount to the largest sovereign default on record, nearly 10 times larger than the €200bn Greek debt restructuring in 2012, threatening chaos to the world...

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Martin Armstrong: “EU in Disintegration Mode”

2017-02-11

by Martin Armstrong

2017-02-11

Famous market forecaster Martin Armstrong wrote a recent article describing the current situation in Europe. Similar to our article, “Trouble Brewing in the EU”, the Armstrong's piece discusses growing discontent and fractures in the E.U. Martin Armstrong observes that,

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The US Dollar Is Now Overvalued Against Almost Every Currency In The World

2017-01-24

by Simon Black

2017-01-24

In September 1986, The Economist weekly newspaper published its first-ever “Big Mac Index”. It was a light-hearted way for the paper to gauge whether foreign currencies are over- or under-valued by comparing the prices of Big Macs around the world. In theory, the price of a Big Mac in Rio de Janeiro should be the same as a Big Mac in Cairo or Toronto.

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You’ll Only Understand Trump and Brexit If You Understand the Failure of Globalization

2016-11-18

by George Washington

2016-11-18

You can only understand the victory of Donald Trump and Brexit once you understand the failure of globalization… Trump made rejection of globalization a centerpiece of his campaign. In his July 21st acceptance speech as the Republican nominee, he said: Americanism, not globalism, will be our credo.

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Cashless Society – Is The War On Cash Set To Benefit Gold?

2016-10-26

by Jan Skoyles

2016-10-26

Cash is the new “barbarous relic” according to many central banks, regulators, and some economists and there is a strong, concerted push for the ‘cashless society’. Developments in recent days and weeks have highlighted the risks posed by the war on cash and the cashless society.

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Yahoo Finance Editor “We’re Suffering Of Too Much Democracy”

2016-07-06

by James Traub

2016-07-06

Following James Traub's mind-numbingly-elitist rebuttal of the democratic rights of "we, the people" in favor of allowing "they, the elite" to ensure the average joe doesn't run with scissors, "It's time for the elites to rise up against the ignorant masses."

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How the Economist(s) manipulate gold’s value in one chart

2016-02-25

by Gold Money

2016-02-25

Todays “Chart of the Day” from The Economist makes an attempt to show that gold isn’t doing any better when it comes to preserving buying power than currencies such as the Swiss Franc (CHF) or the Japanese Yen (JPY). Roy Sebag, co-fou...

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