Nov 29, 2011

Last week we were reading this Zero Hedge article with the rather long headline “Futures Plunge As Fed Discloses New Stress Test: Fears US Banks Will Need To Raise Tens Of Billions In New Capital”. It outlines how the US Federal Reserve is intending to stress test 6 large US banks against a “hypothetical” market shock (or should that have said a highly...

It’s been a while since we featured anything from Darryl Schoon.  We always enjoy his writings as we pick up a few bits of monetary history we’ve previously not heard.  In this article he runs through the history of paper money and its travel from East to West and now back again.  Why do we care about monetary history?  Simply, because if we...

Should we believe the officially reported world Central Bank gold reserve holdings we see published?  To follow is a few reasons why we possibly should not… The old Cold War USA-USSR nuclear arms race has been replaced by the East-West Central Bank battle to accumulate physical gold and physical silver reserves. While Western Central Banks and their...

Here’s an account of the history of paper money and central banks over the last 3 centuries.  Learn how China may well be repeating it’s past but how this time it’s likely to affect the world, not merely a Chinese Dynasty as it did in the past.  As usual Darryl Schoon shares a number of interesting historical facts that were new to us...

Jun 22, 2011

Much of the talk, both mainstream and “underground” on the internet is currently centred on what the next “black swan” will be.  Will it be a Greece default? More middle eastern riots and government overthrows? A break up of the Euro-zone, or the (comical) US debt ceiling not being raised, that causes gold to lurch higher?  (Truth be told these...