Regulators classify gold as zero-risk asset
In an Amphora Report last month, The Canary in the Gold Mine, I made the case that a key reason why gold has not…
From deflation push to inflation shove
Defining terms Economists have a word for recessions that occur prior to a previous GDP peak: A depression. Yes, when the normal economic growth…
The canary in the gold mine
In 2007 there appeared the first signs of serious trouble in the US subprime mortgage market. While US Treasury Secretary Paulson assured investors that…
The invisible red line
IN THE BLUE CORNER… * Professor Paul Krugman belongs to a rather elite group of economists: those who have received the Nobel memorial prize….
Professor Taylor channels Friedman
Few US monetary economists have as solid a reputation as Professor John Taylor of Stanford University and the Hoover Institution. In a recent op-ed…
Building the BRIC wall
The Delhi Declaration translated Unless coming from North Korea or another dysfunctional dictatorship, diplomatic language is normally notoriously vague and, when on occasion specific,…
The Golden Revolution
Contrary to the conventional wisdom of the current economic mainstream that the gold standard is but a quaint historical anachronism, there has been an…