The Golden Revolution
byContrary to the conventional wisdom of the current economic mainstream that the gold standard is but a quaint historical anachronism, there has been an…
Sovereign Debt
Cameron, Nasim Taleb and cutting debt
byNasim Nicholas Taleb, author of the bestselling book The Black Swan, has been a favourite philosopher and financial commentator of ours for some time….
Eurozone banks and contagion risk
byGreece has now defaulted, and other eurozone governments as well as agencies such as the International Monetary Fund, European Central Bank and European Investment…
Fixed
by“Don’t fight the Fed – bet on it.” – Lee Quaintance and Paul Brodsky of QB Asset Management. In December last year, the poet…
Budget collapse: too much free money
byA view from America, previously published at The American Spectator. The super-committee of Congress is the latest group to confess abject defeat by the…
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…
Opponents of gold, get on your mark
byA good article from Brian Domitrovic on Forbes.com: Let’s face it – we’ve seen what arbitrary government control and central bank manipulation can do….
Bank recapitalization will make euro crisis worse
byEurozone leaders ordered their banks to raise additional capital last week to prepare for a partial Greek default. The continent’s banking industry didn’t yet…
Europe’s future is coming into focus: hyperinflation
byAs you know, my expectations were low to begin with. I did not expect the EU summit on the debt crisis to provide a…
Unstoppable: why this crisis will keep unfolding
byWhen the tectonic plates underneath society shift, confusion reigns, together with wishful thinking. It appears that financial markets have again managed to get themselves…