In today’s post Grant Williams looks at a hypothetical story of the “history” of gold looking back from the future… “It began in early November of 2014, when a man called Alasdair Macleod published a report on how the Chinese had been secretly buying gold for 30 years.”
The Story of Gold’s Future History Read More »
In late 2010, I was invited to a private breakfast meeting with an individual near the apex of the US military’s strategic planning pyramid. Specifically, the individual we were to breakfast with sits at the side of the long-serving head of the department in the Pentagon responsible for identifying and assessing potential threats to national security and devising long-term strategies to counter those threats.
Breakfast with a Lord of War Read More »
Oddities in the gold market have been alleged for quite some time, but few know where to start looking, and even fewer have the patience to dig out the meaningful bits from the mountain of market data available. In today’s article Casey Research Chief Economist Bud Conrad turns his keen eye to the Gold sector in order to discover how the big banks are using the futures market to manipulate the price of gold.
How “Paper Gold” Affects the Price of the Metal Read More »
In today’s post Grant Williams looks at the recent actions of the Bank of Japan and their attempt to break free of the deflationary spiral they have been on for more than 20 years. Back in April of 2013 Abenomics was born and Japan began boosting their stock market while trashing the Yen. Now they have “doubled-down” and are planning a TARP style bailout to the tune of about $720 billion. This is only slightly less than TARP’s $787 billion except that the Japanese economy is much smaller than the U.S. economy. So it is really equivalent to the U.S. blowing about $3 Trillion a year for the foreseeable future! And Japan’s debt to GDP is already about 250% compared to the U.S.’s 110%, so they don’t have any wiggle room left.
On Halloween, the Bank of Japan Did Something Scary Read More »
How many other Western executives who dare to help Russia bypass sanctions—and turn it into an energy powerhouse—will die under suspicious circumstances?
Total War over the Petrodollar Read More »
On September 19-21, 2014, in San Antonio, Texas, top experts from Casey Research—as well as many well-regarded guest speakers—gathered to discuss the most important issues facing our economy today and presented on how to position yourself to thrive in the year ahead. If you weren’t able to attend the 2014 Casey Research Summit you missed the following projections on the future of Asia.
The Asian Age of Transformation Read More »
This reminds me of the story of an an old sharecropper who was given the deed to a house free and clear with no mortgage. He said he didn’t want it. Instead he wanted a mortgage. When asked why he said once his brother had the deed to a house and the bank had the mortgage
Property Rights and Property Taxes—and Countries That Don’t Have Them Read More »
The opening riposte came from the Bank for International Settlements, the “bank for central banks.” In their annual report, released this week, they talked about “euphoric” financial markets that have become detached from reality. They clearly – clearly in central banker-speak, that is – fingered the culprit as the ultra-low monetary policies being pursued around the world. These are creating capital markets that are “extraordinarily buoyant.”
Central Bank Smackdown Read More »
Riddle me this: Why would anyone ever buy junk bonds or a junk bond fund? Before we get to the answer, I would like to point something out that seems to be a given, but that astonishingly few investors think about: bonds are debt instruments, so investing in bonds means investing in debt, governmental or corporate.
How to Find Junk Bonds That Don’t Stink Read More »
By Dennis Miller In July 2007, our national debt was $8.9 trillion. Six years later, it has nearly doubled to $16.7 trillion. The cancer has metastasized. While the fiscal cancer continues to grow, pensioners are about to battle another type of cancer—one that is eating away at the money they thought would sustain them through retirement.
Kiss Your Pension Goodbye! Read More »
