- After a Brief Rally, Bear Market Likely to Resume With a Vengeance- the END GAME IS APPROACHING!
- Run On Silver Developing As Physical Demand Goes THROUGH THE ROOF
- Is the Bond Market About to Find Religion?
- Alasdair Explains Why the Next Crisis (Which He Believes is Likely to Begin in About a Month) Will Spread From A Banking Crisis to a CURRENCY CRISIS
- In the Words of Eric Dubin: Its Going to Get REALLY UGLY
The SD Weekly Metals & Markets With The Doc, Eric Dubin, & Alasdair Macleod is Below:
In this final episode of the summer solutions series on the Keiser Report, Max Keiser and Stacy Herbert are joined by Alasdair Macleod and Ben Dyson to propose solutions to the problems presented by private banks creating money by issuing loans.
Macleod suggests how BitGold could be a possible solution to not only our current monetary woes, but as a solution to gold’s Gresham problem.
Welcome to the world of ZIRP zombies:
We now have an explanation for Gibson’s paradox, a puzzle that has defeated mainstream economists from Fisher to Keynes and Friedman:
Anyone with a nose for markets will tell you that the Chinese government’s attempt to rescue the country’s stock markets from collapse is far from succeeding.
Bubbles collapse, period; and government interventions don’t stop them.
Furthermore, we are beginning to see a crack widen in the foundations of China’s capital markets that could end up undermining the whole economy.
There is a myth prevalent today that the gold price always falls when interest rates rise.
Is France REALLY more productive than Germany?
- What is the Greek Referendum REALLY ABOUT? Will the Greek debt be written down?
- China CRASHES By 30%- CHINESE BUBBLE IS IMPLODING!
- The Contagion Will Happen– Expect Banks to Remain Closed on a No Vote!
- There Will Be a NEW WORLD Come Monday Morning!
- Is Gold Still in a Bear Market, or Has a New Bull Leg Begun With a Massive Consolidation?
- Retail Physical Shortage Developing in the US- Market Changing Flow of Demand Has Hit the Market
- The Lid is Going to Come Off the Gold Market!
The SD Weekly Metals & Markets Breaks Down The Greek & Chinese Crisis Below:
Today Greece will hold its referendum.
The question to be asked is not, as the foreign press initially reported it, about leaving the euro. It is about accepting or rejecting the troika’s bail-out terms.
Window-dressing or the management of prices for a favourable mark-to-market valuation at year-ends, half-years and quarters has long been a distorting feature in financial markets.
And, with bank capital adequacy ratios at stake, not to mention traders’ bonuses, it has been an increasing feature. With the onset of June 30th it seems reasonable to expect this factor to be a reason why gold and silver prices have generally failed to reflect escalating systemic risk in the face of Greece’s insolvency and a developing bear market in bonds. Indeed, losses from bonds are bound to encourage window-dressing of banks’ short positions as an off-set, and they are generally short of gold and silver futures contracts.
The common error of confusing growth with progress goes largely unnoticed, though it permeates all macroeconomic analysis.
There is no better example of this mistake than the fallacies behind the interpretation of Gross Domestic Product (GDP).
GDP is the market value of all final goods and services in a given year.
As such, it is only an accounting identity reflecting the quantity of money in the economy.
China is in the late stages of constructing its thirteenth five-year plan, a process that commenced over a year ago and will result in a first draft in October.
This could mark the end of the era of pure fiat currencies, which started with the Nixon shock in 1971 when the Bretton Woods agreement died. Competition from gold-backed currencies from Asia would be the most serious threat yet faced by American hegemony.
20,000 metric tonnes. Nearly triple the US’ “official” gold reserves of a little over 8,000 metric tonnes.
The number boggles the mind. Macleod’s claim has been ridiculed by the establishment and alternative media alike.
But just for a moment, pause to think… What if the astute, Head of Research at Gold Money, London Gold Expert is correct??