The Modern Economy and the Tyranny of Time
The tyranny of time is a fact of life in the modern world. The fear of the future and of emptiness, ingrained in everyone, is exploited to turn time into a scarce commodity to be maximized.
Read articleThe tyranny of time is a fact of life in the modern world. The fear of the future and of emptiness, ingrained in everyone, is exploited to turn time into a scarce commodity to be maximized.
Read articleThe German economy is suffering its sharpest fall in orders since the 2009 crisis, while global financial markets, particularly in the US, continue to soar.
Read articleThe bad news is piling up for France, prompting some to take concrete decisions, such as transferring their capital abroad.
Read articleThis week, we'll look at a couple of interesting long term charts of both gold and the dow to see how technical analysis suggests they MIGHT play out in the decades ahead.
Read articleGold is the best-performing asset class in this century, better than the S&P including reinvested dividends and still NOBODY OWNS GOLD. Only 0.5% of global financial assets are invested in gold. Gold will rise by multiples in the coming years.
Read articleCould Donald Trump's election put the brakes on gold's rise? In 2016, the Republican candidate's victory in the US presidential election led to a €100 drop in the price of gold in euros, with the price falling from €1,180 to €1,080 in the four weeks following the election.
Read articleHas the gold price reached its ceiling, or is it even in a bubble, as it was in the early 1980s, and is a significant correction imminent? There are strong reasons to believe that the gold price is not yet in a region of extreme overvaluation.
Read articleThe Fed has cut rates by 50 basis points, but so far this has proved to be a resounding failure: rates are rising, once again threatening the bond market and real estate. A few Nasdaq stocks are playing the role of safe havens, while the price of gold is still climbing silently and parabolically.
Read articleThe gold price has just hit a new all-time high. Is this an underlying trend or a passing phase? In any case, all the conditions are in place to fuel this ascent.
Read articleThis week, we'll look at a few ratio charts of silver vs. some major US stock indexes to see just how inexpensive silver remains against equities.
Read articleThe huge paper-gold bubble is about to burst, and short sellers find themselves trapped in a short squeeze. It is this phenomenon that has driven the price of gold steadily higher over the past year, and will continue to do so until gold reaches multiples of its current price.
Read articleJust over a year ago, I wrote that physical gold had become more reliable than Treasury bills, a trend now confirmed by Bank of America, which anticipates a potential replacement of Treasury bills by gold as a safe-haven asset, despite JPMorgan's reservations.
Read articleThe BRICS nations' New Development Bank is still a modest alternative to the World Bank and IMF, held back by limited capital, dependence on the dollar and imperfect governance. However, global rebalancing could work in its favour.
Read articleThe Silver/Euro price is breaking out of a 15-year descending trading channel, signaling a potential sharp rise to €70. Similarly, gold is nearing a breakout that could lead to a significant price increase, possibly reaching $10,000.
Read articleThe fall in China's property market and the rise in interest rates in the United States are prompting consumers to favour savings and shun property in favour of gold.
Read articleGold's appearance predates that of iron by several millennia, and coincides approximately with that of copper. It has also been established that the precious metal was used by certain civilizations even before the birth of writing. The history of gold never ceases to amaze, to the point where we...
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