I was stupefied at what I was reading. A Bloomberg article earlier this month reported that JP Morgan and Citibank were significantly reducing their gold positions or closing them out entirely.
The Precious Metals Week in Review – November 22nd, 2019
The U.S.-China trade dispute continues to provoke uncertainty and volatility in all markets. The impeachment inquiry into President Donald Trump’s dealings with Ukraine also continues to foster division and gridlock within the U.S. government.
All It Takes Is a Slipup or a Nudge
Just prior to a war, the majority of people in the nations that are about to become involved tend to assume that another nation is threatening theirs, whist their own leaders are doing all they can to avoid conflict. This is almost never the case.
Government-Enforced Racism and Sexism
A half-century ago, the US was the envy of the world – the Land of the Free, where virtually anyone could prosper, if he were willing to roll up his sleeves and work.
Less Money Than Meets The Eye
‘Money’ is being crossed out. Not lost. Not wasted. Crossed out.
The author is aware that such words will offend the reader as absurd. True, the reader may grant that normal ‘billfold money’ does have a tiresome habit of departing too quickly. But it is certainly not dematerializing.
The Misconception of the “Man of System”
In 1759, Scotsman Adam Smith, who is widely regarded as the world’s first true economist, published his first great work, The Theory of Moral Sentiments. In it, he postulated that all social evolution can be attributed to “individual human action,” as opposed to “individual human design.”
The Precious Metals Week in Review – October 11th, 2019
The ongoing trade dispute between the U.S. and China remained the main focus for mainstream media outlets this week.
Following the Greater Depression on eBay
Careful research into an economy can result in a relatively accurate prognostication, the timing is always the most difficult aspect to pinpoint.
Brother In Arms
Mayer Amschel Rothschild died in 1812, so he could hardly be referred to as a pal of Xi Jinping, but the two have a great deal in common.
Pressing the Escape Key
By Jeff Thomas, feature writer for Strategic Wealth Preservation, Doug Casey’s International Man and 321gold.com As regular readers of my missives will know, I enthusiastically recommend the concept of internationalisation – the diversification into multiple jurisdictions to avoid being the possession of any one government. Recently, I was asked if this didn’t make an individual…