Gold, Currency IOUs And Inflation

By Gary Christenson – Re-Blogged From Gold Eagle

The financial world runs on “funny money” or debt based currencies. More currency = more debt. How much debt? In a word – “unimaginable.” But another important word we should consider is “unsustainable.” WHY?

The world abandoned gold backing and replaced it with debt based currencies. Those dollar bills, yen, euros etc. are DEBTS issued by your central bank. They are as valuable as… someone believes they are. Unlike gold or silver coins, they have no intrinsic value.

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Don’t Count On Yield Curve

By Arkadiusz Sieroń – Re-Blogged From Gold Eagle

Are we going to fall into the trap of a self-fulfilling prophecy? Could investors trigger recession only because they are so worried about inversion of the yield curve? We invite you to read our today’s article about the yield curve and find out whether the popularity of the yield curve as an indicator of recession will bring on the recession that everyone is so afraid of.

In the last edition of the Market Overview, we have discussed whether gold investors should worry about the yield curve. Or should they keep their fingers crossed for its inversion? We concluded that not necessarily, as its predictive power has weakened and it doesn’t say anything about the timing of recession.

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The Dollar vs. Other Currencies And Gold

By Maurice Jackson And Jayant Bhandari – Re-Blogged From Gold Standard

Investment advisor Jayant Bhandari, in this conversation with Maurice Jackson of Proven and Probable, discusses recent moves in the U.S. dollar, the role of gold, and several arbitrage opportunities he sees.

Maurice Jackson: Welcome to Proven and Probable. I’m your host, Maurice Jackson. Joining us is Jayant Bhandari, the host of the highly acclaimed Capitalism & Morality seminar, and a prominent, sought-after advisor to institutional investors. Today we will discuss geopolitical events between the United States and third world nations.

Jayant, we’ve talking with you today so that you can share your insights on developments occurring with peripheral markets, specifically in third world nations. You and I were talking offline and you referenced a sequence of events that you see occurring with third world currencies rapidly depreciating. What currencies are being impacted, and why?

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The Big Pension Grab

It has been quite some time since we last collaborated on an article, opting instead to chase other pursuits and let some of the hysteria going on in the world fade into some type of steady state. It hasn’t happened, but there are pressing matters that need attention regardless. The circus going on all around us makes for great theater and distraction – and that is its intent.

The topic at hand is the failing pension and retirement system. Americans are notorious for spending well in excess of what they make, saving nothing in the process. The only way most save are the deductions from their paychecks for a 401k or IRA. Or perhaps they contribute to an IRA at tax time, when they realize doing so will reduce their tax liability.

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Stock Market Signals Are Flashing Red

By Michael Snyder – Re-Blogged From Freedom Outpost

So many top professionals in the financial industry are sounding the alarm about a coming stock market crash right now.  And there certainly have been rumblings in 2018 – not too long ago we had a three-day stretch that was called “the tech bloodbath”, and during that time Facebook had the worst day for a single company in stock market history.  But we haven’t seen the really big “crash” yet.  Many have been waiting for it to happen for several years, and some people out there are convinced that it is never going to come at all.  Of course, the truth is that we are in perhaps the largest stock market bubble that our nation has ever seen, and all other large stock market bubbles have always ended with a major price collapse.  So whether it happens immediately or it takes a little while longer, it is inevitable that stock prices will eventually return to their long-term averages.

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Monetary Paradigm Reset

By Keith Weiner – Re-Blogged From Gold Eagle

Explaining a new paradigm can be both simple and impossible at the same time. For example, Copernicus taught that the other planets and Sun do not revolve around the Earth. He said that all the planets revolve around the Sun, including Earth. It isn’t hard to say, and it isn’t especially hard to grasp.

Indeed, one of its virtues was making the universe simpler. In the old geocentric model, there is the phenomenon of so called retrograde motion—the planets appear to stop moving forward in their orbits, and move backwards temporarily. It’s difficult to describe mathematically, and worse, no one could explain the cause.

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Big US Stocks’ Q2’18 Fundamentals

By Adam Hamilton – Re-Blogged From Silver Phoenix

The mega-cap stocks that dominate the US markets are just finishing another monster earnings season. It wasn’t just profits that soared under Republicans’ big corporate tax cuts, but sales surged too. That’s no mean feat for massive mature companies, but sustained growth at this torrid pace is impossible. So peak-earnings fears continue to mount while valuations shoot even higher into dangerous bubble territory.

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