Keynesian madness: central banks waging war on price stability, savers
by[Editor’s note: This article also appears on Detlev Schlichter’s blog here. It is reproduced with kind permission and should NOT be taken to be…
Financial Stability
Technical analysis versus value in gold
byEditor’s note: The Cobden Centre is happy to republish this commentary by Alasdair Macleod, the original can be found here. At the outset I…
Madness!
by“Central bankers control the price of money and therefore indirectly influence every market in the world. Given this immense power, the ideal central banker…
Renewed estimates of Chinese gold demand
byEditor’s note: This article was previously published here at Goldmoney.com. It is republished with thanks. Geopolitical and market background I have been revisiting estimates…
Via Bloomberg: Kerr says euro woes may prompt return of gold standard
byFollowing his recent paper The law of opposites: Illusory profits in the financial sector, TCC Advisory Board member and founder of Cobden Partners Gordon Kerr appeared…
My Journey to Austrianism via the City
byI have spent the best part of the last two decades pitting my wits against the market. It’s an unforgiving game: I’ve seen ups and downs, and many of my rivals buried under an avalanche of hubris, passion, illogical thought and unchecked emotion.
I have witnessed the sheer folly of the ERM crisis, the Asian crisis, the failure of the Gods at Long Term Capital Management and the insanity of the tech boom.
I have enjoyed the ‘NICE’ decade (Non-Inflationary Constant Expansion), and scared myself silly during the credit crisis.
I am a trader. […]
The Staggering Economic Errors Behind The Policy of Quantitative Easing
byIn September of last year, I placed this article up on our web site detailing the theoretical errors behind the policy of quantitative easing….
HM Treasury’s Press Release on Reforms to Financial Regulation
byA reader has sent in his thoughts about the recent proposals to reform the regulatory apparatus of the UK banking system: Last Friday I had…
An easy £10 bn of deficit reduction and £200 bn off the National Debt
byI praise the Coalition government for their first brave attempt to tackle the £156 bn deficit with their £6 bn of net cuts. This,…
The Emperor’s New Clothes: How to Pay off the National Debt & Give a 28.5% Tax Cut
byI offer a £1,000 reward for anyone who can tell me why this logically won’t work, practical politics, for now, being another matter. What…