Gold Is An ‘Anti-Government Trade’
Gold has had a long twelve-year long rally, and after finishing 2011 up 12%, it’s finally showing signs of a slow-down in 2012, with spot gold up around 5% year-to-date. Investors are digesting data that suggests that the global economy could finally be improving, and more importantly, that U.S. monetary stimulus could be coming...
Hope for Gold, Silver Springs Eternal at Sprott
BOCA RATON, Fla. --Eric Sprott would just assume forget 2011.
Inside the mind of a gold bug
Warning: this is a very scary place to be. Rampant inflation, conspiracy, socialism, totalitarianism and Ayn Rand can be found at every turn.Presenting the latest Thunder Road...
Spoiler warning
“I am certain that my fellow Americans expect that on my induction into the Presidency I will address them with a candour and a decision which the present situation of our people impel. This is pre-eminently the time to speak...
A rush from sugar or a rush to gold ?
“We think we have an agreement, but we are not sure what it is.” - Negotiator at the Euro zone “crisis summit” last week, as reported in The Economist. “You don’t have to be paranoid to be terrified.” - Ditto....
Robot judges and the watched pot
“Gold – a six thousand year-old bubble” - Headline of an FT piece from 2009 by Willem Buiter. There are still reasons to like Mel Brooks, and most of them are in ‘Blazing Saddles’. As with the output of other...
Correlation… still really high
“When the storm comes, everyone gets wet.”Remember when we facetiously told you to shelve your adviser? Probably no need to bring him back yet.The quote above and...
Anything for collateral…?
The inversion of the gold forward rate curve continued to intensify on Tuesday, with seven out of eight banks that submit quotes to the London Bullion Market Association quoting...
The life of Bryan, or what did monetary policy ever do for us?
To understand why Rick Perry this week picked a fight with Ben Bernanke and why media pariah Ron Paul continues to attract a cult following, it helps to know what happened on the evening of June 20,...
Virtual money, from real central bank mistrust
What happens when you cross computer geeks with populist outrage at central banks?Bitcoins happen.New Scientist reports in its latest edition that a new virtual currency is...
What do silver lease rates have to do with fund redemptions?
These are the silver lending rates for 2011 from the London Bullion Market Association, as derived from Libor minus the silver forward rate (Sifo):This, meanwhile, is the number...
