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Archive for 2011

Banking and the 1%

The 99% and the 1%. We see it all over the news. There are protest movements in almost every major city focused on it. We all know that something is wrong, but almost no one can put their finger on the...

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Posted by Paul Carter on December 23rd, 2011

Category: Economic Crisis, Hyperinflation, Interesting Issues, Money

Eurozone meltdown averted; real problem not recognized

Wednesday, six of the world’s largest central banks, led by the Fed, averted a meltdown of the Eurozone’s banking system by agreeing to print more money.  One has to wonder: if solving such dire financial...

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Posted by Bill Haynes on December 1st, 2011

Category: Economic Crisis, Eurozone

Central banks print

The title to an AP article on yahoo.com’s finance page tells it all: World’s central banks act to ease market strains, Central banks take action to provide cheaper dollar liquidity to financial...

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Posted by Bill Haynes on November 30th, 2011

Category: Economic Crisis, Hyperinflation

Establishment continues to diss gold while central banks buy

Since gold topped in September at $1920, the Establishment has continued to disparage gold, nearly always warning of gold’s volatility.  The warning is valid.  Gold is volatile because its price reflects...

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Posted by Bill Haynes on November 22nd, 2011

Category: Gold

Don’t blame the speculators

If you’ve watched the news for any length of time you’ve probably heard mention of speculators and how they seem to be responsible for much of what ills us.  Last week, Japan’s Finance...

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Posted by Paul Carter on November 16th, 2011

Category: Economic Crisis, Gold, Interesting Issues, Money Markets, The Metals Markets

Central bankers are the ultimate gold bugs

Various reports coming out of last week’s G20 meeting in Cannes are suggesting that some member countries had proposed Germany use its gold reserves as collateral for a Eurozone bailout fund.  This...

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Posted by Paul Carter on November 7th, 2011

Category: Federal Finances, Gold, Interesting Issues, Money, Money Markets, The Federal Reserve

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