List/Grid Author Archives:
The Taper Fakeout
THE TAPER TALK
Anyone who bought the media buzz about a September reduction of QE – called the “taper” – was very surprised when the Federal Reserve ...
Peter Schiff Was Right – Taper Edition
This video below was compiled from interviews with Peter Schiff over the last few weeks. Mr. Schiff first caught the public attention in 2008 with a similar video regarding ...
The Taper That Wasn’t
The Fed’s failure today to announce some sort of tapering of its QE program, despite the consensus of an overwhelming percentage of economists who expected action, once again ...
OFF TO THE RACES
Summer is traditionally a slow season for precious metals, but this summer started with a rout. In the last week of June, gold and silver hit 2-year lows of $1,192 and $18.61 ...
The GDP Distractor
Albert Einstein, a man who knew a thing or two about celestial mechanics, supposedly once called compound interest “the most powerful force in the universe.” While the ...
What Doesn’t Kill Gold Makes it Stronger
I’ve been emphasizing for months that the current correction in the gold price is a result of speculative money fleeing the market and not any reflection of gold’s ...
Detroit Broke City
It should come as no surprise that the lessons that should be learned from the bankruptcy of Detroit, a city that once stood as the shining example of America’s industrial might, ...
The Golden Cycle
The New York Times had the definitive take on the vicious sell off in gold. To summarize one of their articles:
Two years ago gold bugs ran wild as the price of gold rose nearly six ...
Sock Puppet Kabuki; Nikkei Today Parallels Dot-Com Bust
This piece is excerpted from the June 2013 edition of the Global Investor newsletter. See the full version here.
The Japanese stereotype of excessive courtesy is being confirmed ...
