Monthly Archives: December 2015

31
Dec
2015

2015 Year In Review – Scenic Vistas from Mount Stupid

Happy New Year. Thank you for all your support in 2015 and wishing you and yours a healthy, prosperous and happy 2016. David Collum has again conducted a comprehensive, insightful and frequently witty review of the year past. Collum is a professor of Chemistry and Chemical Biology at Cornell University. In addition to his academic interests, he authors an […]

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29
Dec
2015

McWilliams: Economic Lessons from the Age of the Pharaohs

“Joseph urged the Pharaoh to set aside one fifth of the crop in the good times and store the grain to ease the famine in the bad times, because if he didn’t do that, the good times would be forgotten and all the people would remember was the bad times. This wouldn’t be politically good […]

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22
Dec
2015

Russia Gold “Buying Spree” Continues – Buy 22 Tons In November

– Russia adds another 700,000 ounces (22 tonnes) to gold reserves in November – Russian ally Kazakhstan increased gold reserves for 38th month to 7 million ounces – Russia has added 197.1 tonnes in 2015 – Compared with 172 tonnes in all 2014 – November gold buying is Russia’s ninth straight month of increase – […]

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18
Dec
2015

5 Key Charts Show Rising Interest Rates Benefit Gold Bullion

Gold fell to the lowest level in dollar terms since 2009 yesterday after the Fed’s “historic” 25 basis point interest rate rise on Wednesday. The rate hike has been heralded as the “end of cheap money.” This may or may not be the case but what is more important for precious metal buyers is the […]

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17
Dec
2015

Federal Reserve Rate Hike At ‘Precisely The Wrong Time’ – Faber

Marc Faber, the editor of the Gloom, Boom & Doom Report, warned yesterday that the Federal Reserve has raised rates at “precisely the wrong time.” Speaking to CNBC just before the interest rate decision, Faber warned that it’s the wrong time because “the global economy has decelerated very badly, and many countries are already in […]

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16
Dec
2015

Federal Reserve At End Of Monetary Road

The all important context for Federal Reserve’s interest rate decision, where the Federal Reserve is widely expected to hike interest rates for the first time in nearly a decade has been examined by the insightful Grant Williams. He is very skeptical of the Fed’s ability to continue to control markets much longer … and this […]

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15
Dec
2015

Junk Bond Market Warning – Investors Beware

Money Week editor John Stepek has looked at the recent mutual fund collapse in the junk bond market and correctly warns that it is a canary in the coal mine: If you were around during the financial crisis, you might remember that fund closures became one of the canaries in the coal mine. Various funds […]

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14
Dec
2015

Fed, ECB “Monetary Insanity” Is “Frightening” – GoldCore on Keiser Report

Max Keiser interviewed GoldCore Research Director, Mark O’Byrne last week and the video was released on Saturday. Key points and topics covered: – “Monetary insanity” of ECB and Fed is “frightening” – “Absolutely nothing has been learned” since financial crisis – “Financial hypocrisy on a grand scale” – Ireland was vassal of Bank of England […]

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11
Dec
2015

Bail-Ins May “Undermine Confidence” In Deposits – Bank of Italy

Bank ‘bail-ins’ and the new international bail-in regime that impose losses on bank investors, bondholders and even depositors may undermine the confidence of small savers in the banking system, a senior Bank of Italy official warned on Wednesday. Protect Your Savings From The Wrecking Ball “The bail-in can exacerbate – rather than alleviate – the […]

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10
Dec
2015

Screaming Fundamentals For Owning Gold Bullion

We’re at a moment of historic opportunity. By Chris Martenson Every year or two we update this report which lays out the investment thesis for gold. Here is this year’s version. Silver is touched upon only as necessary; as a separate report of equal scope is required for that precious metal. Gold is one of […]

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