Greyerz: “Eric, this is a good time for contemplation. As we have discussed many times, the risks in the world are greater than ever today.
So I decided to look up a couple of definitions of the word ‘risk.’ The first one is: Risk is a situation involving exposure to danger. The second is: Risk is the possibility that something unpleasant or unwelcome will happen. And in m... read more
Under normal circumstances, I might let a rutty headline about gold in the Financial Times pass without much notice. I say “rutty” because the Financial Times has long been stuck in a rut as one of the principle apologists for Keynesian economics — big banks, big deficits, big governments and powerful central banks. It doesn’t think much of gold enthusiasts and gold enthusiasts do not t... read more
Graceland Updates
By Stewart Thomson
1.In many countries, inflation is beginning to creep higher.Please click here now.Thats the Australia CPI (Consumer Price Index), courtesy of Trading Economics.The next report will be released today.Note the recent... read more
James Rickards, a portfolio manager at West Shore Funds and the author of “The Death of Money,” has mixed feelings over bitcoin, at least that is what he appears to feel in his latest op-ed piece published Monday in the Darien Times entitled “... read more
Leeb: “I think one consequence of what’s happened in Ukraine is to put Europe on notice. This means they have to make sure that their economies, not just the German economy, continue to grow. If they don’t, Russia’s influence will spread wider and wider.
Even the Baltic states could be in danger. Two of them have a large proportion of Russian-speaking people. Right now Latvia, L... read more
Silver and gold are not merely valuable commodities, investments, and media of exchange. More importantly, they are key "checks and balances" in America's legal and political institutions.
The fight against the use of silver and gold as money that has been waged by bankers and rogue politicians since the 1870s as to silver and the 1930s as to gold -- and will intensify as fiat curre... read more
With over a 100,000 outlets in China to purchase Gold, World Gold Council Managing Director, Far East Albert Cheng discusses China’s gold market & what’s driving the country’s demand. He speaks to Rishaad Salamat on Bloomberg Television’s “On The Move Asia.” (Source: Bloomberg)
Russell: “For the benefit of new subscribers, I want to state my position. I think the bear market that started in 2007 was interrupted, BUT NOT ENDED, by the Fed. Somewhere ahead, I believe this bear market will run to conclusion. I also believe that the great recession never ended, but was masked by the “manufacture” rally in the stock market. Thus the reason that the Fed cannot pro... read more
Last week a report from the World Gold Council suggested that around 1,000 tonnes of gold is being used as collateral in Chinese commodity financing deals that would be unwound if the shadow banking complex was to collapse. Not surprisingly news of such a supply overhang depressed the gold price.
Since then analysts have pointed out that this is an assumption and based on little more than an... read more
The US dollar is losing its dominance on global trade amid spiraling tensions between Washington and Moscow over Ukraine, says an analyst.
In his Friday column for Press TV website, F. William Engdahl said Russia and leading trading countries are developing “alternatives to using the US dollar for their bilateral trade.”
The analyst said... read more