Special Coverage from the New Orleans Investment Conference - Keith Weiner, CEO of Monetary Metals discuss how massive buying pressure is pushing gold & silver higher, QE in England, a FED Pivot, the USD & more. Guest: Keith Weiner, CEO Company: Monetary Metals Twitter: @RealKeithWeiner Youtube: @Monetary Metals Brought to you by: Victoria Gold Corp. (TSX: VGCX) #gold #silver DEUTSCHE GOLDMESSE November 18 & 19, 2022 in Frankfurt, Germany www.deutschegoldmesse.com...
Read More »Jeff Snider Talks Foreign Banks, FED, Balance Sheets, Assets, Interbank Transactions (RCS 179)
Interview original date: July 22nd, 2021 Topics- Banks that don’t have reserve accounts with the FED (foreign banks etc): If you transfer dollar liabilities from a US bank to a credit union/foreign bank, what asset is transferred to match up those liabilities if the foreign bank/credit union doesn’t have a reserve account with the FED? Deposits, cash equivalents, bank money, foreign transactions, dollars, eurodollars, interbank methodologies/processes, settling claims, CHIPS,...
Read More »The Tragedy of the Commons
Overview: The dramatic moves spurred by the BOE maintaining the end of the week deadline for its Gilt purchases, which have been quite modest given its wherewithal, have calmed. Sterling is firmer on the day, though long-end Gilt yields are higher. The dollar has pushed above JPY145.90, where the BOJ intervened last month. Risk appetites more broadly appear to have stabilized, but we suggest it may be a modest bout of position adjusting ahead of tomorrow’s US CPI....
Read More »Dixit Joshi: the new Credit Suisse CFO facing a daunting challenge
Dixit Joshi ‘loves solving big, complex financial problems’, according to one acquaintance CS As daunting first weeks go, Dixit Joshi’s takes some beating. After a weekend of damaging speculation on social media about the impending collapse of Credit Suisse, Joshi started as the bank’s chief financial officer last Monday with its share price plumbing new lows and a gauge of default risk spiralling higher. The British-South Africa banker turned up to his first...
Read More »Fiat-Geld und die Corona- und Klima-Politik: Die real existierende Postmoderne
Was haben das unbegrenzte Gelddrucken und das Corona- und Klima-Regime gemeinsam? Offensichtlich ist Ersteres die Voraussetzung für Letztere: Ohne die Möglichkeit für Regierungen, willkürlich Geld aus dem Nichts zu schaffen, könnte es weder die Corona-Lockdowns noch die Wende hin zu ineffizienten und unzuverlässigen Energiequellen geben, weil dann die Menschen die wirtschaftlichen Folgen dieser Politik direkt im Portemonnaie spüren würden. Aber die Parallele geht...
Read More »Bill Bonner: Hold Onto Your Wealth With Gold
In this interview, Bill Bonner - founder of Agora Inc; one of the largest and most influential publishers in the world - talks about global instability, its causes, and will share ideas about how to protect your wealth with precious metals. Join Strategic Intelligence Australia: https://pro.fattail.com.au/m/2088660 Interview recorded August 2022 Get FREE insights from Bill and Brian straight to your inbox as part of the Daily Reckoning Australia:...
Read More »Allen Mendenhall: Putting Humanness and Ethics Back Into Business Economics
We are living through a particularly bad moment in history for free markets and capitalism. Government, not business, is promoted as the solution to all problems. Young people have never known any other environment, and one of the consequences is the skepticism about capitalism that they learn in school, college, and university. One solution to this problem lies in better business education — shaping how young minds think about business by shedding light on the...
Read More »It’s Time to Tackle the Year-End Financial Checklist
Here we are again in the final quarter of the year when thoughts turn to Thanksgiving and Christmas and… reviewing your financial house. Oh, that’s not on your list? Well, let’s put it there because financial issues cannot be on automatic pilot. Things change and you need to keep current. Here are 16 items you need to review before the end of the year. Tax Loss Harvesting No one wants to pay more taxes than necessary (at least no one I know) and harvesting capital...
Read More »SNB’s Jordan: Central Bank Independence is crucial to fight inflation effectively
SNB Jordan is on the wires speaks in general terms: Central bank independence is crucial to fight inflation effectively central banks could face political pressures to slow down or postpone interest rate hikes to tackle inflation central banks more politically vulnerable as inflation rises Comments outline reasons why central banks in general need to remain independent. Will be on alert for any comments on monetary policy. [embedded content]...
Read More »How did chips go from epic shortage to massive deflationary pressure? Big IMF downgrades tell us.
These were once the very symbol of 2021 "inflation." A shortage of semiconductors had been so severe and pervasive, it seemed like nearly every consumer price increase could be traced back in part to chips. Today, massive inventory that is proving difficult to sell as demand worldwide plummets. It was transitory after all. Even the IMF can see it coming, though its models will need even more and even bigger downgrades first. Eurodollar University's Money & Macro Analysis...
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