Around the world, fraudsters are turning to social media platforms like Facebook and Instagram to reach billions of potential victims. As losses continue to pile up, regulators are voicing their concerns, with one going as far as suing a social media giant for not taking sufficient steps to tackle the rampant issue. Just last month, Australia’s Competition and Consumer Commission (ACCC) instituted Federal Court proceedings against Facebook owner Meta Platforms for...
Read More »US election: Red flags for investors
Part II of II Outlook and wider impact As showcased during the debates and in the entire campaign rhetoric, politicians in the US but also in Europe, are solely focused on promoting solutions that only serve to paper over the problems and address the symptoms of the disease. From “covid checks” to rent relief, and everything in between, all their proposed “fixes” are only providing some temporary breathing room to those millions of citizens affected by the economic...
Read More »US election: Red flags for investors
Part II of II Outlook and wider impact As showcased during the debates and in the entire campaign rhetoric, politicians in the US but also in Europe, are solely focused on promoting solutions that only serve to paper over the problems and address the symptoms of the disease. From “covid checks” to rent relief, and everything in between, all their proposed “fixes” are only providing some temporary breathing room to those millions of citizens affected by the economic shutdown and...
Read More »“Our prosperity is temporary and illusory. “ – Jeff Deist
As we go through an important paradigm shift in politics, in the global economy, in equity markets, and of course in precious metals too, the fundamental economic principles we used to rely on seem to be increasingly under attack. Central bankers the world over are doubling down on reckless monetary policies, punishing savers and responsible, long-term investors. In Europe, we have already seen the damage that negative interest rates and protracted QE have inflicted, and will continue to...
Read More »“Our prosperity is temporary and illusory. “ – Jeff Deist
As we go through an important paradigm shift in politics, in the global economy, in equity markets, and of course in precious metals too, the fundamental economic principles we used to rely on seem to be increasingly under attack. Central bankers the world over are doubling down on reckless monetary policies, punishing savers and responsible, long-term investors. In Europe, we have already seen the damage that negative interest rates and protracted QE have inflicted, and will continue...
Read More »THE PENALTY FOR SAVING
In previous articles, we have outlined in great detail the many faults of the current monetary policy direction of major central banks and the large-scale economic impact of keeping interest rates artificially low. Among the worst offenders is the ECB, that is unapologetically persistent on continuing this exercise in absurdity that are negative interest rates. Over the last few years, the effects of this decision have been felt by pensioners and by responsible, conservative investors,...
Read More »THE PENALTY FOR SAVING
In previous articles, we have outlined in great detail the many faults of the current monetary policy direction of major central banks and the large-scale economic impact of keeping interest rates artificially low. Among the worst offenders is the ECB, that is unapologetically persistent on continuing this exercise in absurdity that are negative interest rates. Over the last few years, the effects of this decision have...
Read More »The Toxic Stew, Report 7 Oct 2018
Last week, we shined a spotlight on a crack in the monetary system that few people outside of Switzerland (and not many inside either) were aware of. There is permanent gold backwardation measured in Swiss francs. Everyone knows that the Swiss franc has a negative interest rate, but so far as we know, Keith is the only one who predicted this would lead to its collapse (and he was quite early, having written that in...
Read More »