Asia’s golden future
For most of the last century the default currency for international settlements has been the US dollar. This has given America ultimate power over…
For most of the last century the default currency for international settlements has been the US dollar. This has given America ultimate power over…
Last week I had an interesting discussion with Detlev Schlichter, who has recently published his book, Paper Money Collapse. For a comprehensive introduction to…
Greece has now defaulted, and other eurozone governments as well as agencies such as the International Monetary Fund, European Central Bank and European Investment…
According to a story in Wednesday’s Wall Street Journal, the US Federal Reserve is considering buying long-term Treasury and mortgage bonds in return for…
Last Monday night, before the US markets opened after President’s Day, bailout terms for Greece were announced. The detail is secondary to assessing whether…
In the past, insurance companies and pension funds have been keen to advertise the benefit of compounding arithmetic for savings. Over the last 30…
The most important objective for any government is to achieve economic growth. Out of this growth develops employment and taxes to fund government itself….
Mainstream economists seem to have a problem understanding prices. They might draw supply and demand curves and talk about elasticity. They are sure to…
The consolidation of gold’s bull phase from October 2008 to the peak last September was a classic three-leg correction: an initial slide, rally, and…
Both the US Federal Reserve and the European Central Bank are now offering limitless quantities of new money – the ECB to support the…