Here we have a most interesting collection of signage. Some low-level civil servant who’s in charge of deciding what the motorist may do at this particular junction has become quite thorough in creating restrictions.
Silver in Charts: Supply/Demand Crunch After Years of the Opposite
The data is in: based on a review of reports from multiple consultancies, the silver market has officially entered a supply/demand imbalance. The structure now in place sets up a scenario where a genuine crunch could occur.
All That’s Missing Is a Black Swan
The Federal Reserve chart above only goes back to 1970, but its message is clear, nevertheless. The velocity of money has dropped below that which was necessary to maintain a productive economy in 2009 and has never recovered.
A Tree Falls In The Woods
In the late eighteenth century, Bishop George Berkeley posed the question, “If a tree falls in a forest and no one is there to hear it, does it make a sound?”. Since that time, generations of university philosophy professors have required their students to consider the question.
Modern Monetary Theory: Economic absurdism enters the mainstream
After the Trump election victory, traditional, conventional politics and politicians have largely fallen out of favor. Middle-of-the-road ideas, proposals crossing party lines and common-ground platforms that once played a prominent role in many campaign playbooks have been replaced with a very different type of strategy.
Should Gold Investors Root for Deflation?
One of gold’s biggest catalysts throughout history has been inflation. Debase your currency enough and gold responds almost automatically. And the bigger the inflation, the bigger gold’s response. Even the fear of inflation ignites the gold price, like we saw from 2009 to 2011.
Becoming a Hindu
For centuries, East Indians have regarded gold as the primary source of wealth. All Indians own gold if they can afford to. They keep it as close as possible, sometimes in coin form, but often as jewellery, since “wearing wealth” means that it can be kept very close. They’re often especially reluctant to trust banks to hold their gold.
Diocletian in Venezuela
By Jeff Thomas, Feature Writer for Doug Casey’s International Man and Strategic Wealth Preservation History has an extraordinary tendency to repeat itself time and again. The same mistakes that rulers make in one era are repeated in subsequent eras. Political leaders have a nagging habit to want to grow governments to unmanageable proportions, invading other…
The Sine Wave of History
Almost daily, someone (often a European or North American) comments to me that the world is falling apart. The government is becoming dictatorial, the people are becoming more socialistic and political correctness is no longer an option, it’s a mandate and you’d better get on board.
“Toto, I Don’t Think We’re in Kansas Anymore”
Recently, an American colleague commented to me, “We no longer live in a democracy but a dictatorship disguised as a democracy.”
Is he correct? Well, a dictatorship may be defined as “a form of government in which absolute authority is exercised by a dictator.”