Tag Archives: 6) Gold,Bitcoin,Austrian Economics

Paradise in LA LA Land More is revealed with each passing day.  You can count on it.  But what exactly the ‘more is of’ requires careful discrimination.  Is the ‘more’ merely more noise?  Or is it something of actual substance?  Today we endeavor to pass judgment, on your behalf. Normally, judgment would be passed on a Thursday, but we are making an exception. - Click to enlarge For example, here in the land of...

See the introduction and the video for the terms gold basis, co-basis, backwardation and contango  Goldfinger Strikes, Sort Of This week, we saw a tweet from a prominent goldbug. He said, “Russia added another 9 tons of gold to its reserves in March. The hits just keep coming.” How many errors in this short quip? We count six, exactly one error for every two words. One, we call this the fallacy of the famous market...