Posts Tagged ‘fiat currency’
Precious Metal Q&A Rap Session Video
Miles Franklin Ltd. is proud to present a special Webinar event, titled "Precious Metals: Q&A Rap Session," featuring Andy Schectman, President, and "Ranting Andy" Hoffman, Marketing Director. In our February 13th Webinar, "Precious Metals Investing: Myths and Realities," we were swamped with questions, and have thus to hosted an event [...]
The Most Terrifying Aspect of Our Lives
Read the Wednesday Afternoon Wrap-up for 4/4/2012 and the Thursday Morning Commentary for 4/5/2012 In response to Monday’s RANT, “Gold is Manipulated…and it’s NOT Okay,” reader Radek challenged me to write a piece that Zero Hedge would consider posting, titled “WHY GOLD MANIPULATION IS THE MOST TERRIFYING ASPECT OF OUR LIVES.” [...]
The Ground Hog Day Effect
READ THE FULL NEWSLETTER Here is the link to a superb video from our friend David Morgan. Take the time to watch it. Yesterday, I wrote, “The Cartel is busy at work again this morning. It’s like the movie “Groundhog Day,” the same thing happens over and over again.” I presented the same charts that you will see, below, in [...]
The End of Precious Metals – NOT!
Read the Wednesday Afternoon Wrap-up for 3/14/2012 and the Thursday Morning Commentary for 3/15/2012 For a decade, the gold Cartel has destroyed the global economy by preventing recognition of Central Banks’ hyperinflationary monetary policies. Come to think of it, ten centuries is more like it, as politicians inevitably realize the [...]
Gold Investment Explosion
Read the Tuesday Afternoon Wrap-Up for 3/13/2012 and the Wednesday Morning Commentary for 3/14/2012 Many erroneously view gains in absolute terms, forgetting one’s financial standing is more relevant in relative terms to “competing” investors. For example, even when gold fell 30% in late 2008 (entirely due to the Cartel, I might add), [...]
Fiat Failure!
Today’s RANT is inspired by an article about the Mongol Empire of the 13th Century, demonstrating how civilians openly revolted against the imposition of an unwanted, unjust fiat currency system, upon penalty of death – and succeeded! I’m sure this is not the only such instance throughout history, and probably quite common in societies [...]
Rant Topic: The Precious Metals “Anti-Bubble”
Per Wikipedia, “in a stock market bubble, market participants drive stock prices above their value in relation to some system of stock valuation. Behavioral finance theory attributes stock market bubbles to cognitive biases that lead to groupthink and herd behavior.” The first sentence appears simple enough, but that pesky word value [...]
The End of the Gold Bull Market
READ THE FULL NEWSLETTER THURSDSAY AFTERNOON WRAP-UP 2-2-12 Things are getting interesting again, with the Cartel nearing the end of its nine lives, though not dead yet. It's not just that the VERY KEY ROUND NUMBER of $1,750 was finally breached after ten attempts over the past three days, and thirty in the past four months, but the manner [...]
Respect
READ THE FULL NEWSLETTER Tuesday afternoon, and the world is agog of Apple’s blowout earnings. Good for them, it’s nice to see an American company doing so well, not via government (i.e. taxpayer) largesse but old fashioned ingenuity and business savvy. My first “desk job” involved word processing with an Apple Macintosh circa 1990, [...]
(Miserable) State of the Union
READ THE FULL NEWSLETTER Another Monday passed, another financial market “LOCKDOWN” in front of a blizzard of “events,” which I say in quotes because they will ALL be exacerbated dramatically by simultaneous, premeditated Cartel/QE/PPT/ESF manipulation to produce the desired psychological effect. Not that I am sure they will be [...]
