Goldhead revisited
byThe following article first appeared in the print edition of The Spectator magazine, dated 4 May 2013. Few assets are more misunderstood than gold….
Economics
Laying the Foundations
byAs the Yellen Fed inches painfully towards taking its first ‘data-dependent’ steps to raise rates (albeit with the promise that such a process will…
Gold and Gibson’s Paradox
byThere is a myth prevalent today that the gold price always falls when interest rates rise. The logic is that when interest rates rise…
Steve Baker Treasury Select Committee Compilation
byEditor’s Note: In light of Steve being re-elected to the Treasury Select Committee here is a short compilation of some of last year’s highlights….
Zero Hedge: Portugal’s Debts Are (Also) Unsustainable
byPortugal’s Debts Are (Also) Unsustainable Everyone seems to be focusing on Greece these days – a country so indebted that it needs even more loans…
David Stockman: Take Cover——Wall Street Is Breaking Out The Bubblies
bySource: http://davidstockmanscontracorner.com/take-cover-wall-street-is-breaking-out-the-bubblies/ Let’s see. Google’s record market cap gain on Friday was actually a squeaker. At $66.9 billion it easily passed in one day the entire $50 billion market cap…
Investing in the right place
by“That men do not learn very much from the lessons of history is the most important of all the lessons of history.” – Aldous…
Doug Noland: Credit Bubble Bulletin
byI’ve had similar feelings before, though I recall being less apprehensive. The years 1999 and 2007 are etched upon my mind. The bustling of…
Doug Casey: Unsound Banking: Why Most of the World’s Banks Are Headed for Collapse
bySource: Most of the World’s Banks – LewRockwell.com You’re likely thinking that a discussion of “sound banking” will be a bit boring. Well, banking…
An “Austrian” Economist’s Advice For Greece And The EU
byFor months, now, the mass media and the financial markets have anxiously watched and waited to see the outcome of a war of words,…