The following is an excerpt from the new book, $10,000 Gold: Why Gold’s Inevitable Rise is the Investors Safe Haven, available in bookstores the week of May 6, 2013. When gold speaks, all tongues are silent. —Robert Ringer —Italian proverb
Gold
Do Western Central Banks Have Any Gold Left??? Part II
Reprinted from Sprott.com The past few months have been difficult for the gold investor as selling pressure in the gold futures market has set a decidedly negative direction for the price of the yellow metal. As fundamental investors, we always
A short history of currency swaps
Republished from “A View from the Trenches“, by Martin Sibileau To read this article in pdf format, click here: May 5 2013 With equity valuations no longer levitating but in a different, 4th dimension altogether, and credit spreads compressing… Which fiduciary portfolio
Do Western Central Banks Have Any Gold Left??? Part II
Reprinted from Sprott.com The past few months have been difficult for the gold investor as selling pressure in the gold futures market has set a decidedly negative direction for the price of the yellow metal. As fundamental investors, we always
Is Gold or the Dollar Overvalued?
A recent bulletin from a major Swiss Bank argues that the price of gold has never been higher, that its price has peaked, that the run up was driven by fear, that fear is now waning and it is time
Allodial Title on Precious Metals?
Reprinted from EconomicReason.com In my previous article on allodial titles and property rights, I stated that a true allodial title that would provide you with full ownership of your land does not exist today, or at least not in North
Banking and the State
Reprinted from Mises.org “It had come to be accepted that the pigs, who were manifestly cleverer than the other animals, should decide all questions of farm policy, though their decisions had to be ratified by a majority vote.†Orwell, G.
Central Bank Snuffs Out Vietnam’s Thriving Gold Market
In recent years gold has become a sought-after currency in Vietnam. Why? The usual reason: its government has been printing too much money, causing prices to rise, and causing its currency, the Vietnamese dong, to plummet in value. But by
An analytic framework for 2013
Republished from “A View from the Trenches“ Click here to read this article in pdf format: January 15 2013 In the same fashion that I proposed an analytic framework for 2012, I want to lay out today what I think will be
Farmers will not drive Lamborghinis (or Why I disagree with Jim Rogers)
Please, click here to read this article in pdf format:Â January 8 2013 This is my first letter of 2013. I was not able to write earlier as I was travelling in Argentina. The situation there is complex and fluid. It
What causes hyperinflations and why we have not seen one yet: A forensic examination of dead currencies
Please, click here to read this article in pdf format:Â December 18 2012 As anticipated in my previous letter, today I want to discuss the topic of high or hyperinflation: What triggers it? Is there a common feature in hyperinflations that
Anatomy of the End Game, Part 2: Variations on the problem
Click here to read this article in pdf format:Â December 2 2012 The intention today was to do a revision of what I had expected in 2012, what happened and what I think will happen. However, we may have to put
Germany Must Repatriate ALL of Its Gold
The Greatest Threat to Worldwide Prosperity The greatest threat to worldwide prosperity is the collapse of what remains of free market capitalism. Not war. Not depletion of scarce natural resources. Not environmental degradation. Not global warming (or is it “climate
Anatomy of the End Game
(click here to read this article in pdf format: November 22 2012) About a month ago, in the third-quarter report of a Canadian global macro fund, its strategist made the interesting observation that “…Four ideas in particular have caught the fancy
Currencies of the Future
Reprinted from Laissez Faire Today: Many people complain about government control of currency, but only a few do something about it. I’m not talking about movements to “audit the Fed†and such. I’m talking about real innovation that makes an
Peak Leviathan?
The common thread with “peak theories†is that the rate of growth in something (typically output) follows a bell-shaped curve pattern over time where it ultimately runs into a natural constraint that sees this rate peak and then decline. But,
On currency swaps and why Gartman may be wrong in focusing on the adjusted monetary base
(republished from “A View from the Trenches“) Please, click here to read this article in pdf format:Â October 14 2012 Today, we were supposed to follow up on our last topic (how to shift to a commodity-based standard, with a
Roger Bootle’s Prize Winning Advice to the Greeks: Sit Still While We Rob You!
This summer Roger Bootle won Lord Wolfson’s £250,000 prize for the best advice for a country leaving the European Monetary Union (one may assume that this advice is aimed at Greece). A more statist, anti-liberal policy than his could hardly
The US money markets and the price of gold
(republished from “A View from the Trenches“, August 19, 2012) Click here to read this article in pdf format: August 19 2012 What do USD money markets have to do with gold? Money market funds invest in short-term highly rated securities, like
Henry Kissinger on Gold
The following are reprinted minutes from then-Secretary of State Henry Kissenger‘s Principals and Regionals Staff Meeting which took place on Washington, April 25, 1974, 3:13–4:16 p.m. Reprinted from the U.S. Department of State Office of the Historian. [Omitted here is
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