Savers and Consumers : How the Fed and BCE Monetary Policies will Smash your Purchasing Power
Published Sep 24, 2012 on Goldbroker
A few days only after a new round of quantitative easing (QE3) was announced by Ben Bernanke, the Fed’s president, which was preceded shortly by the European central bank’s Mario Draghi’s own plan, investors and savers alike are asking themselves, as they should, how to protect their assets in this inflationary context.
Those holding assets have to make decisions about portfolio asset allocations, while the rest of the people holding no assets will get poorer without really understanding why.
To answer the question of how to protect oneself, one has to go further than traditional financial analyses and try to understand the one thing that influences (up or down) all financial assets : the international monetary system.
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The relevance and importance of Gold in the World Monetary System
Published on Gata.org
What follows is a well articulated article that explains exactly what the title suggests: Gold’s place in the World Monetary System. It was written by R. Peter W. Millar of Valu-Trac in May 2006, which makes it all the more prescient under today’s monetary conditions.
What the gold price is telling us today is exactly what Mr Millar suggested back in 2006: ”Gold, which is the only widely accepted means of exchange that cannot be destabilised by man, will adjust in price to reflect disorder in man-made money.” The upward adjusment in gold price taking place in terms of all paper currencies of the world shows that paper money is being debased, i.e. printed. Gold is stable, paper money is unstable.
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The relevance and importance of Gold in the World Monetary System
Published Sep 24, 2012 on Gata
What follows is a well articulated article that explains exactly what the title suggests: Gold’s place in the World Monetary System. It was written by R. Peter W. Millar of Valu-Trac in May 2006, which makes it all the more prescient under today’s monetary conditions.
What the gold price is telling us today is exactly what Mr Millar suggested back in 2006: ”Gold, which is the only widely accepted means of exchange that cannot be destabilised by man, will adjust in price to reflect disorder in man-made money.” The upward adjusment in gold price taking place in terms of all paper currencies of the world shows that paper money is being debased, i.e. printed. Gold is stable, paper money is unstable.
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Bryan (at Gabelli) - Gold Could Easily Double From These Levels
Published Sep 28, 2012 on Kingworldnews
Caesar Bryan continues: "Most of that increase has been in the last few years, since the financial crisis. We are clearly not at the end of this, and you could argue that the rate of increase is actually accelerating. I don't believe that has been properly reflected in the gold market yet.
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Pierre Lassonde - Gold & Central Banks Fearful Of A Depression
Published Sep 26, 2012 on KingWorldNews
Legendary Pierre Lassonde startled King World News by warning, “When you talk about the worldwide slowdown, the central banks are worried about a depression, and that’s why they are printing all of that money.” KWN has been reporting for some time now that the global economy has been rolling over, but Lassonde took it a step further.
Lassonde is arguably the greatest company builder in the history of the mining sector. He is past President of Newmont Mining, past Chairman of the World Gold Council and current Chairman of Franco Nevada. Lassonde is one of the wealthiest, most respected individuals in the resource world, so we take his warning very seriously.
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The #1 Reason Inflation Will Win
Published Sep 24, 2012 on CaseyResearch
Economist Terry Coxon and BIG GOLD Editor Jeff Clark had some interesting discussions during the recent Casey Research Summit on Navigating the Politicized Economy. They noticed a near-consensus among the speakers that there's no way out for the over-indebted US government – or the Eurozone for that matter – which has consequences for all participants in the global economy.
Below, you can read why Terry (and others) are convinced there's no way out, why he's convinced the problem will end in inflation, and what the investment implications are for gold and silver.
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Ted Butler urges JPMorganChase to try transparency in silver
Published Sep 24, 2012 on Silverseek
Having pretty much given up on the U.S. Commodity Futures Trading Commission, which can't seem to do anything about the concentrated short position in silver maintained by JPMorganChase, silver market analyst Ted Butler discloses that he has appealed to JPMorganChase board members. He hasn't gotten a reply yet.
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