kingworldnews.com / August 29, 2014
The monetary perpetuum mobile will lead to a major hangover
Not only the Austrian School of Economics regards inflation as a monetary phenomenon: the view of the “Chicago School” is much more widely known. Milton Friedman is the most important proponent of the [...]
caseyresearch.com / by Paul Rosenberg / August 29, 2014
Bitcoin made big news over the past year or so, when the price spiked and made some people rich. The possibility of fast money always generates a lot of commotion, and it certainly did this time.
Personally, I didn’t want the price of Bitcoin to [...]
zerohedge.com / by Tyler Durden on 08/29/2014 11:32
Shortly after it was revealed by Politico that NBC had stooped to new lows in favoritist nepotism, having paid Chelsea Clinton an annual salary of $600,000 for “occasional” reporting work, in effect making her one of the highest paid if not the highest paid “reporter” in [...]
oftwominds.com / By Charles Hugh Smith / August 29, 2014
Attending costly games is on the margins of the household budget. When the credit card gets maxed out, attending is no longer an option.
Please understand I’m not suggesting professional sports isn’t the greatest thing since sliced bread: I’m simply asking if [...]
goldcore.com / By Mark O’Byrne / 29 August 2014
Last week, a very radical proposal appeared in the pages of the influential ‘Foreign Affairs’ magazine, the publication arm of the equally influential Council on Foreign Relations (CFR) think-tank based in New York.
An article “Print Less but Transfer More – Why Central Banks Should Give [...]
mises.org / by Joseph T. Salerno / Friday, August 29, 2014
According to mainstream economics textbooks, one of the primary functions of money is to measure the value of goods and services exchanged on the market. A typical statement of this view is given by Frederic Mishkin in his textbook on money [...]
gold-eagle.com / By John Rubino / August 28, 2014
In a very real sense, it is fractional reserve banking and not money itself that is the root of so many of today’s evils. Whenever fractional reserves are permitted, the banking system – including the one that exists today throughout the world – [...]
beforeitsnews.com / August 28, 2014
In another shocking warning straight from the Federal Reserve’s Vice Chairman Stanley Fischer we learn that the Federal Reserve and banks across the country now have plans in place to take away OUR $$$ to pay THEIR bills, a warning that can be confirmed right here on the Federal [...]
blog.milesfranklin.com / By Bill Holter / August 28th, 2014
Have you ever seen something and thought to yourself “what a great idea?” I remember so many of these situations in all facets of life, let’s look at a few of these in the financial world and then look at the very latest brainiac proposal.
acting-man.com /Bill Bonner / August 28, 2014
Waiting Until 2158
All over the world stocks are rising. In the US, the S&P 500 rose over the 2,000 mark for the first time in history. The Dow is over 17,000. And if you want to buy a share of online TV network Netflix, Inc. [...]
investmentresearchdynamics.com / By David Kranzler / August 27, 2014
It’s a gold hypothecation Ponzi Scheme of the highest order. The world’s first gold corporate bond deal – issued by South Africa’s FirstRand Bank (Rand Merchant Bank) is a scam. Investor beware.
In my curiosity to confirm my suspicion that this deal [...]
thedailybell.com / Staff News & Analysis / August 27, 2014
It Begins: Council On Foreign Relations Proposes That “Central Banks Should Hand Consumers Cash Directly” … A year ago, when it became abundantly clear that all of the Fed’s attempts to boost the economy have failed, leading instead to a [...]
acting-man.com / Bill Bonner / August 27, 2014
Buying Stuff One Doesn’t Need With Money One Doesn’t Have
Still in those lazy, not-so-hazy days of summer. August 15 marked the 43rd anniversary of that fateful decision by the Nixon administration to end the direct convertibility of the US dollar to gold. [...]
zerohedge.com / by Tyler Durden on 08/26/2014 11:47
… A broad-based tax cut, for example, accommodated by a program of open-market purchases to alleviate any tendency for interest rates to increase, would almost certainly be an effective stimulant to consumption and hence to prices. Even if households decided not to increase consumption but instead [...]
thedailybell.com / By Staff News & Analysis / August 26, 2014
German economy ‘losing steam’ as business confidence plunges again … Survey of optimism among companies adds to gloom enveloping Europe’s biggest economy … Germany’s businesses are rapidly losing confidence in the prospect of a recovery in the eurozone, in [...]
zerohedge.com / by Tyler Durden / 08/24/2014 13:16 -0400
As part of his latest weekly report, Goldman’s David Kostin breaks down the full array of strategy “baskets” used by hedge funds at this moment to outperform the market in 2014. In a nutshell, the best performing strats right now involve betting on a high vs [...]
zerohedge.com / by Tyler Durden / 08/23/2014 19:17 -0400
Michael Franzese, a former mob boss for the Colombo crime family in New York (and GoodFellas character), told CNBC, “there’s a bubble there that’s going to burst at some point and when it does it’s not going to be good,” but there is another reason he [...]
kingworldnews.com / August 23, 2014
Today one of the wealthiest people in the financial world told King World News that large amounts of sovereign and strategic money are pouring into key commodity markets such as gold and silver. Rick Rule, who is business partners with Eric Sprott, also discussed a new product Sprott is [...]
news.goldseek.com / By Theodore (Ty) Andros / 22 August 2014
In this next chapter of Useful Idiots and the Something for Nothing Society, we will put the final nails into a century’s UNFOLDING MADNESS. A country of free men has been transformed into an authoritarian state on its road to totalitarianism as the final [...]
goldcore.com / By Mark O’Byrne / 22 August 2014
Myth of the All Powerful Central Banker Continues In Jackson Hole The myth of the all powerful central banker continues in Jackson Hole today.
Markets wait with bated breath for Fed Chair Janet Yellen’s and ECB Mario Draghi’s speeches at the annual gathering of central bankers [...]