We’re all familiar with the term, “quantitative easing.” It’s described as meaning, “A monetary policy in which a central bank purchases government securities or other securities from the market in order to lower interest rates and increase the money supply.”
Well, that sounds reasonable… even beneficial. But, unfortunately, that’s not really the whole story.
While a myriad of forces pushed the gold price around in 2018, it basically ended the year flat. This report recaps the year in gold, shows how it compared to other asset classes in both short and long timeframes, and explores the factors to watch in 2019.
I read a mainstream report about a decline in gold imports into Hong Kong, with the journalist concluding that gold demand in China is therefore down.
Americans were taught about Paul Revere’s ride in school. He was said to have ridden from his home in the North End of Boston, to Lexington and Concord, to warn the people there that Federal troops had landed in Boston Harbour and would soon reach the townships.
Let’s say that you and several other shareholders owned a large building and you had reason to believe that its structure were faulty. Possibly you’d not maintained the building properly and you now realized that, if it were to fall down, you’d be liable for any damage caused.
Periodically, I’ll encounter someone who has read one of my essays and has decided not to pursue them further, stating, “You’re one of those ‘End of the world’ guys. I can’t be bothered reading the writings of someone who thinks we’re all doomed. I have a more positive outlook than that.”
In actual fact, I agree entirely with his latter two comments. I can’t be bothered reading the thoughts of a writer who says we’re all doomed, either. I, too, have a more positive outlook than that.
Whenever a movie has been a huge hit, the film industry tries to follow it up by doing a sequel. The sequel is almost invariably far more costly, as there’s the anticipation by those who create it that it will be an even bigger blockbuster than the original.
Roughly one hundred years ago, the people who “ran things,” – the drivers behind governments, big business and banking – formulated a concept called by a number of names, but, predominantly, the “New World Order.”
The sign above is located in the state of Chiapas in Mexico. In English, it says, “You are in the territory of Zapatista in Rebellion. Here, the people give the orders and the government obeys”.
Well, of course, what that really means is that the Zapatistas give the orders, not the people as a whole. Still, the people generally regard the Zapatistas as being more representative of their wishes (and less parasitical) than the government.
In recent decades, political correctness has been very much on the rise in the countries that were formerly regarded as the “free world.”
It’s important to remind those who live in these countries (North America, Europe, etc.), that political correctness is not by any means as prevalent in the rest of the world.