Never fear good citizens of Great Britain. While your government actively does everything in its power to protect criminal financial oligarchs and powerful pedophiles, her majesty draws the line at toddler thought crime.
- Gold is extremely rare and all gold ever mined would fit in giant bar the size of a four bedroom house - Gold is a tangible asset which always retains value – unlike paper assets - Growing Chinese, Indian and Asian middle class provide “fundamental pillar of support” to gold - Jewellery is not a suitable vehicle for gold investment due to high mark-ups and VAT - “Something romantic about gold” and a “premium product” said Bobby Kerr - Risk of further weakness in short term but buying opportunity presenting itself - History and academic research shows gold a “hedging instrument” and safe haven asset
Research Director and founder of GoldCore, Mark O’Byrne, was interviewed by Bobby Kerr on Newstalk’s “Down to Business” on Saturday morning. A range of aspects pertaining to gold and the gold market were discussed including the rarity of physical gold; the enormous demand for gold from China and India and gold’s proven safe haven qualities.
All the gold in the world in a giant gold cube (0.9999 pure)Read more ›
The actual line from Shakespeare’s Macbeth is double, double, toil and trouble, fire burn, and cauldron bubble but for the purposes of analyzing what happens when authorities prop up market bubbles by directly buying assets, bubble, bubble, toil and trouble is also appropriate.
China’s authorities seem to have chanted Shakespeare’s magical incantation nonstop this year, as the Shenzhen and other Chinese stock market indices have more than doubled. This chart illustrates what the Chinese authorities were aiming for: a bubble that just keeps expanding and never pops:
There is growing evidence that deflation is winning the day. If deflation does indeed take over and swamp the official efforts at damage control, quite a lot of fantasy wealth in today’s stock, bond and real estate markets will be destroyed.
This means investors want to be positioned away from risk-based financial assets right now — with stocks and low & junk grade bonds are right at the top of that list:
“Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States.”
We discuss the property bubble as a liberty-sacrificing delusion. In the second half, Max continues his interview with Michael Krieger of LibertyBlitzkrieg.com about #BankersLivesMatter and the two-tier justice system in America in relation to bankers and their crimes. They also discuss how it is that Colorado’s economy is booming.
Speculative bubbles that burst are often followed by an echo bubble, as many participants continue to believe that the crash was only a temporary setback.
The U.S. housing market is experiencing a classic echo bubble. Exhibit A is the Case-Shiller Housing Index for the San Francisco region, which has surged back to levels reached at the top of the first bubble: