Debt ceiling legislation hides a power grab

The song remains the same this week.  Gold and silver up but the kiwi dollar up too, so we remain in this sideways trading range that we have been in for sometime. The markets too seem trapped in a range – all eyes and ears transfixed, awaiting word from the US on their “debt ceiling”.  It seems very unlikely that in the end they won’t...

The Greatest Danger America Has Ever Faced

Unless you’ve been out bush the past few weeks you couldn’t have helped but hear more of the ongoing problems in Europe, particularly Greece and discussions of “austerity measures” and a further bailout.  Also happening in Europe but not widely covered are some seriously large falls in the value of some major banks share prices in the...

What could trip up gold?

With gold and silver having risen so much in the past decade relative to paper currencies, it’s worth stopping every now and then to consider what could trip up the run that the precious metals have enjoyed.  Read on to learn what fundamentals would have to change in order for the gold bull to reverse direction… by David Galland, Managing...

Betting in the End Game

At the Symposium on Sound Money last week in Auckland we heard Prof Antal Fekete among others speak.  Here Darryl Schoon comments on the words of another hungarian Melchior Palyi whom he first heard about via Professor Fekete.  As usual Darryl’s study of monetary history shines through.  We always learn something new whenever we read his writings and...

Depression Within a Depression

We’ve featured Jim Quinn of TheBuringPlatform.com before in these pages (here and here).  This is a great article where he draws specific comparisons between today and The Great Depression of the 1930′s.  He outlines what mistakes government is making again and finishes with what to do to prepare for the consequences… By James Quinn,...