This week sees us at a very interesting point in the ongoing financial debacle which is unfolding around us. Once again, we need to take particular care with our investment activity, and take notice of pronouncements from trusted sources. Our trusted sources include Eric King, and by extension, those sources that Eric himself finds valuable and trustworthy. We...

In today’s column, I will discuss the situation – both locally and internationally – as clearly and precisely as I can. As a trained data analyst with a Ph. D. in Pure Mathematics and an M.Sc. in Computation from the University of Oxford, I approach the markets from a somewhat different angle than many of my fellow commentators. As you will maybe...

A simple graphic and a not quite so simple chart show why it is government debt that is the bubble rather than gold itself… THE END-GAME AND THE ILLUSORY GOLD BUBBLE When the end-game began, gold was $35 per ounce. Today, gold is $1200. When the end-game is over, gold will be far higher. Midway through 2010 we are approaching the end of the end-game, the...

Apr 14, 2010

“The ultimate asset bubble is gold” said George Soros in late January. This was widely reported as Gold is now the ultimate bubble. A subtle but very significant difference, thereby implying that Soros was stating that gold was in a bubble right now. Only Mr Soros knows what the true intent of his remarks were. However the fact that he had been purchasing...

As we mentioned in this previous article (China and the introduction of paper money), in November we attended a conference in Canberra Australia hosted by the Gold Standard Institute.  The main speaker was Professor Antal Fekete.  Professor Fekete is an author, mathematician, monetary scientist and educator.  Below we paraphrase the Professors lecture on the...