[Editor’s Note: The following post is by TDV contributor, Phil Champagne]
Sharelynx.com provides this interesting long term chart of the Dow measured in gold. I find this chart very interesting, although I would prefer if Sharelynx would have created two separate trend lines, one before 1913 going up at a much higher rate, and one after 1913, clearly at a much more unstabl...
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Let’s consider recent developments in the monetary element of the NNGG, because they are coming thick and fast now.
A good place to begin is the March 2012 meeting of the BRICS nations, which saw them sign the “Master Agreement on Extending Credit Facility in Local Currency. ” This made it their POLICY to increase trade in local currency. This process is beginning to speed up. China is...
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Richard Russell: “Today the US debt is $16.7 trillion. The entire Gross Domestic Product of the US is $15.68 trillion. This means that the debt to GDP ratio is over 105%. History shows that a debt to GDP ratio of over 100% is dangerous. With the debt now growing exponentially, we face a situation of inflation, hyperinflation or bankruptcy.
On another subject, we hear t...
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The changes in the silver ETFs and funds were a little more in keeping with recent price weakness, even though for the most part they are well up on the year as shown below.
What surprised me was the loss of about 320 tonnes of silver from SLV from Nov 1 until last Friday.
I downloaded the inventory history of SLV and verified Nick's numbers. And in doing so I realized that just looking a...
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