Category: Economics

17
May
2012

Gold Demands Trend (Q1 2012) – Enter The Dragon

The World Gold Council has released the Q1 2012 Gold Demands Trend report.

Gold demand grew 16% over the past 12 months to 1,098 tonnes which had a value of just $59.7bn spent on gold in the entire world in Q1 2012.

While global demand was down 5% from the record high of Q4 2011, it was significantly higher than demand in Q1 2011 suggesting that demand may be consolidating at these higher levels.

Investment Demand

Continue Reading
08
Sep
2011

Dr. Constantin Gurdgiev: If you’re looking for bubbles, don’t look at gold coins

Dr. Dr Constantin Gurdgiev, Head of Research with St Columbanus AG, member of the investment committee of GoldCore and the adjunct lecturer in finance in Trinity College, Dublin.

Of all asset classes in today’s markets, gold is unique. And for a number of reasons.*

Continue Reading
19
Apr
2011

Peter Whelan: Surviving in Age of High Oil Prices and Inflation

If countries are to survive in an age of increasingly unstable oil sources, they must reduce their exposure to the black stuff, writes Peter Whelan in Business & Finance magazine.

Please read Peter’s the article here: Surviving in Age of High Oil Prices and Inflation

Continue Reading
24
Sep
2009

Today is the 140 Year Anniversary of Black Friday 1869 and the Gold ‘Crash’

Today is the 140 Year Anniversary of the original Black Friday on September 24th, 1869. Since then the word ‘Black’ has been used to describe any day that the stock market, currencies or financial markets have crashed. There have been many, many such crashes but the one that birthed the term happened on this day 140 years ago.

Continue Reading
14
May
2009

Federal Reserve Cannot Account for $9 Trillion

Rep. Alan Grayson talks to the Federal Reserve Inspector General Elizabeth Coleman of the Federal Reserve, asking her questions regarding trillions of dollars that came from the Fed’s expanded balance sheet and what the losses on its $2 trillion portfolio are.

The Inspector General does not have the answers Grayson is looking for.

Continue Reading
30
Apr
2009

Gold versus Warren Buffett

I have just completed an analysis of the performance of the spot price of gold vs. Berkshire Hathaway. I think you will find the results are a little suprising.

Spot Gold vs. Bershire Hathaway

Continue Reading
31
Mar
2009

A Critique of the Neo-liberal Agenda

Essay by Meghan Brown

“If the story of the past quarter of a century has a one-line plot summary, it is the rediscovery of market capitalism.” – Alan Greenspan, The Age of Turbulence, p.14 For the past thirty years, neo-liberal economic thinking has been the dominant orthodoxy governing policy and shaping development. Born from Adam Smith and his ideas of the ‘invisible hand’, this theory prevails in many well-connected and highly influential institutions such as the International Monetary Fund (IMF), the World Bank (WB), and the US Treasury, together known as the ‘Washington Consensus’. This essay will explore the theories behind neo-liberalism, which contend that unfettered markets provide the best arrangement for the allocation of resources and to which prominent thinkers such as Jagdish Bhagwati, Thomas Friedman and Martin Wolf subscribe.

Continue Reading
19
Mar
2009

Gold For Bread – Zimbabwe

MDC activist Sam Chakaipa returns to his village in rural Zimbabwe to find his friends and neighbours starving to death, reduced to panning gold powder from the rivers to exchange for food at an exorbitant rate.

The Guardian via Youtube:

Continue Reading
19
Mar
2009

Jim Cramer Interview on the Daily Show

Continue Reading
12
Mar
2009

Moneyweek: UK House Prices in Terms of Ounces of Silver

Moneyweek’s Dominic Frisby writes that he is detecting a certain amount of bullishness in the UK housing market. People with cash are talking about buying to take advantage of  lower property prices and interest rates. Nevertheless, he says,

Continue Reading