Posts Tagged ‘money printing’
Supply Shortages Looming
Read the Thursday Afternoon Wrap-up for 5/10/2012 and the Friday Morning Commentary for 5/11/2012 This is a topic I have written of ad nauseum, as has Miles Franklin’s President – Andy Schectman – who opens his presentations with the following slide: However, I thought I’d rehash it given the recent Cartel ATTACKS, [...]
The Result of the Fed Printing Money is Highly Inflationary
READ THE FULL NEWSLETTER Here is the latest "Total PMs Pool" chart updated for the end of the week. It's at another new high in weight. So no matter how much 'da boyz' huff and puff...or how much Charlie Munger tries to put down the precious metals, that's where the money is going. It's only a matter of time before we hit a new high in total [...]
The Dying Market
Read the Wednesday Afternoon Wrap-Up for 4/25/2012 and the Thursday Morning Commentary for 4/26/2012 A recurring theme of mine – particularly since “D-DAY,” i.e. November 9, 2010 – has been the complete takeover of U.S. financial markets by the government. Not that they tell you thus, but the evidence could not be more abundant or [...]
Gold’s Long-Term Correlation to Equities – i.e. ZERO
Read the Tuesday Afternoon Wrap-Up for 4/24/2012 and the Wednesday Morning Commentary for 4/25/2012 This week, the World Gold Council published a report stating “the long-term correlation of gold to equities remains statistically insignificant.” I am no WGC fan, and in fact consider them an enemy of the PM industry. It is hard to [...]
FSN Interview: When Ben Bernank Speaks, Gold Listens
Ben Bernank spoke yesterday, and he confirmed the rumors that have been flying around. Yes, he’s still a money printer, and he has no intention of stopping. Hopefully, he will be stopped before the dollar turns into worthless bits and bytes on computers around the world, but there’s no indication that this is about to happen. Kerry Lutz of [...]
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), [...]
Miles Franklin Quarterly Report: Escalation of the Precious Metal Wars
READ THE FULL NEWSLETTER Four times each year, we publish a hard copy quarterly. I am featuring an excerpt from the second issue in 2012, written by Andy Hoffman. Andy "rants" less in these hard copy newsletters and his information is more "timeless," and big-picture oriented. It's good stuff! Read [...]
Andy Hoffman Interview with Ellis Martin Report
Andy Hoffman discusses the basics of money printing and the gold cartel with the Ellis Martin Report: Ellis Martin Report with Miles Franklin's Andy Hoffman
Savers Be Damned (and Pensions and Insurance Companies Too!)
READ THE FULL NEWSLETTER I never know where my next RANT topic will emerge, yet on some days three or four different inspirations materialize, often from highly disparate sources. But my good friend Bill Holter of GATA fame leads the list of "outside sources" of such topics, as the two of us view the world in much the same way. What made [...]
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 [...]
