Today we read one of the best overall summaries of where the global economy currently sits.  Not from an economist.  Not from a Central Banker.  Not from a financial advisor.  But from the Board of a slightly unusual gold company we closely follow– Seabridge Gold.  Invest a few minutes of your time to read the full “Gold Market” excerpt from...

There is a growing wave of support for an audit on the US Federal Reserve (the entity that controls the US money supply).  And our favourite US congressman Senator Ron Paul is leading the way.  He is trying to pass a Bill that will do exactly that.   Basically the Bill wants more openess from the Federal Reserve and it also wants restrictions placed on...

In this new addition to the site we try to make some sense of the financial world.  These weekly meanderings, will introduce you to commentators that we find to be sharp and on the ball, and to news items that have grabbed our attention over the past week, and why we see them as important.  Don’t forget we continually update our articles elsewhere on the...

Zimbabwe’s Central Bank Governor Gideon Gono has suggested reviving the Zim dollar by linking it to the gold reserves they hold in the country.  “We can even print gold coins.  The Zim dollar can then gain as it is anchored on gold. We need to think outside the box.” Wouldn’t that be Ironic? Not surprisingly the locals don’t have a lot of...

Following on from last months news item that China doesn’t trust the US Dollar, further evidence of the fact care of China Daily…. China has reduced it’s net holdings of US treasury debt by 3.1% to $776.4 billion during the month of June 2009.  This is Chinas first reduction this year, but it’s the biggest percentage drop since 2000, and is...