Tag: government interventions

Don Coxe: Gold Will Be Worth Much More Than $1,300 per Oz

| February 26, 2014 | Category: Investing
Don Coxe: Gold Will Be Worth Much More Than $1,300 per Oz

When those fears began to evaporate, gold investors looked down, saw no safety nets—and began bailing out. No inflation? No euro crisis? No reason to hold gold. We think most investors are missing the point: nearly six years of unprecedented money printing, unprecedented subsidization of big banks with zero-cost money, and massive government intervention into the economy have not delivered even a soupçon of robust, inflation-generating growth.

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This Is The Greatest Financial Market And Currency Manipulation Of All Times

This Is The Greatest Financial Market And Currency Manipulation Of All Times

In a week that has been marked by historic mainstream headlines, BFI Capital’s CEO Frank Suess happened to give an outstanding interview about the outlook of global currencies, gold and manipulation in the markets.

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Is The Exploding Indian Scrap Gold Supply Actually Smuggled Gold?

Is The Exploding Indian Scrap Gold Supply Actually Smuggled Gold?

Suchecki writes: “Indian Jewelers will not want the Indian Government to think their gold import tax policy is not working. Thus, gold purchased from smugglers will be increasingly reported by jewelers as Scrap/Recycled and they will report record demand of Indians turning in their old jewelry to be updated to new, fashionable designs.”

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100 Years Of Monetary Socialism Is Enough!

100 Years Of Monetary Socialism Is Enough!

Most of the readers are familiar with the dire consequences of having a central bank, therefore I will also not repeat the obvious and tell you how much the purchasing power of the Dollar has decreased nor talk about how our current monetary system leads to artificial booms and busts or fosters malinvestment. What I will be talking about is why I believe that, regardless of the above mentioned, the existence of a central bank is wrong and why it not only resembles but is pure socialism.

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Money, Gold And Liberty – What Has Changed In 2013?

Money, Gold And Liberty – What Has Changed In 2013?

The last year has been an interesting year in many respects, especially for precious metals. We saw strange fluctuations in the gold price, mainly because of the paper market, and also “creative” ideas by governments on how to control their citizens and their wealth.

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The Gold Market: The Truth Will Come Out Eventually

| December 21, 2013 | Category: Investing
The Gold Market: The Truth Will Come Out Eventually

Jesse gives his view on several aspects of the gold market. Strange things are happening currently. But at the end of the day, the truth will come out, and things will make sense again, always. And then these same ones will say, ‘Who could have seen this coming ?’ This is how it always is, if you look back over the history of bubbles and crises.

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“Something Is Wrong”, But Little Change Will Occur Until It Is Forced

| December 4, 2013 | Category: Investing
“Something Is Wrong”, But Little Change Will Occur Until It Is Forced

Interlocking complicity produces a degree of stability as it helps maintain the status quo, which is very important to the powers-that-be. Interlocking complicity ensures that accountability, oversight, and ethical practices are low priorities, while payoffs and no-bid contracts will maintain their important role in government operations. Interlocking complicity ensures that little change will occur until it is forced upon us.

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Easy Money Is Again Leading To Bubbles – Courtesy Of Central Banks

| November 3, 2013 | Category: Economy
Easy Money Is Again Leading To Bubbles – Courtesy Of Central Banks

In this week’s commentary, John Mauldin looks at two highly relevant concepts: easy money (call it QE or money printing) and economic bubbles. Obviously the two are linked to each other. Although in the minds of central bankers there is not necessarily a direct effect between both, we simple human beings all know that the inherent risks are huge. After having studied a lot of the materials, speeches, presentations by the central banking pundits, our key take-away is that central bankers believe they can “manage” the effects of their monetary policies.

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David Morgan: Only A Major Crisis Could Force Monetary Reorganization

David Morgan: Only A Major Crisis Could Force Monetary Reorganization

David Morgan thinks there will be no global currency reorganization like Bretton-Woods II before the problem manifests at a level that is a crisis. “My take is that governments are not proactive but reactive. My take, based on history, is that after there is a major crisis, there will be a sort of Bretton-Woods agreement. At that time it could be too late though. There could be so much disruption on a global basis that it might be very hard to get things in order.”

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The Secret’s Out: Now Is the Time for International Diversification

The Secret’s Out: Now Is the Time for International Diversification

For the Western debt-addicted countries, years of profligate spending have more or less sealed their economic fates. Faced with economic uncertainty, governments will search for new ways to plunder the productive members of society. These may include capital controls, more onerous regulations, or wealth confiscation, either explicitly or by way of the printing press. Amid all of the doom and gloom, there are still opportunities to be seized.

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India – Gold Control Results In Increased Smuggling

India – Gold Control Results In Increased Smuggling

Smuggling of gold seems to be increasing month on month. It is mostly coming from Dubai but also from Bangkok and Singapore. The value of the gold seized during the quarter was 270 million rupees. That is more than 10 times the 25 million rupees of precious metal retrieved from smugglers one year earlier.

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Steve Forbes: Gold Should Be An Insurance Policy In Your Portfolio

Steve Forbes: Gold Should Be An Insurance Policy In Your Portfolio

Gold should be simply like an insurance policy for your portfolio. If things go wrong you have something that is going to protect you. In terms of investing in gold that is a very tricky thing which we have seen in the last two years. Gold has gone from $1,900 to about $1,300. You have to be very careful. You should buy it mainly as an insurance policy. If the politicians do things right then you can invest your money in productive assets.

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Gold’s QE3 Anomaly

Gold’s QE3 Anomaly

I think traders, especially in the futures realm, are missing the forest for the trees. They are so worried about what Bernanke had for breakfast that they’ve totally lost sight of the big picture. It doesn’t matter one bit what the Fed says, but what the Fed does. And throughout this entire raucous 2013 “debate” about what the FOMC is planning for QE3, it has continued to aggressively monetize debt without respite.

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The FED’s Forked Tongue

| June 26, 2013 | Category: Economy
The FED’s Forked Tongue

Ben Bernanke is a one-trick pony and running the printing presses, i.e. bond buying, is Bernanke’s only trick. Bernanke, a central banker, however may have a less transparent motive in mind. Bernanke knows the Fed’s bond-buying has led to speculative bubbles around the world. But Bernanke also knows that without the Fed’s continuing lifeline, US demand would plummet sending the world into perhaps another deflationary depression.

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