Tuesday, September 27th, 2016 MST

Monthly Archives: November 2011

Establishment continues to diss gold while central banks buy

The Establishment disses gold while central banks, icons of the Establishment, load up big. The third quarter saw the most central bank buying for a single quarter in forty years, and this year is on pace to see the most central bank gold buying since the collapse of the Bretton Woods Agreement in 1971.

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 Minister Jun Azumi said that a massive intervention in the Yen market was necessary as there were signs of speculation. Much of the price inflation in commodities over the last decade has been…