Saturday, October 22nd, 2016 MST

Silver takes first prize . . .

as precious metals surge, says the Financial Times, July 7, 2016. In a glowing report, the Times noted that while “Gold has done predictably well in the wake of Brexit. . . The real star of the show has been silver.”  In dollars, silver is up 16% since the Brexit vote but is up 45%

IMF urges Japan to double down on Abenomics

Japan’s economy has been stagnant for two decades.  In 2012, Shinzo Abe was elected Prime Minister on his promise of stimulating the economy via a scheme that economists labeled “Abenomics.”  Basically, he promised fiscal stimulus, monetary easing and structural reforms. He implemented all three, but Japan’s economy remains in the doldrums.  Now the IMF is

Negative rates fillip interest in gold

One of the primary tenets of Austrian economic theory is that economies cannot be “managed,” that interference, be it deficit spending, regulations, taxing policies, central bank quantitative easing programs or negative interest rates, will send false signals that will distort decisions made by the private sector, the real driver of economic growth.  The bigger the

Snow Falcon silver coins not good buys

A telemarketing firm recently began promoting 1-1/2 oz Snow Falcon silver coins, minted by the Royal Canadian Mint.  We advise our clients to stay away from any silver bullion coins larger than one ounce. Not only would 1-1/2 oz silver coins not be practical if the need ever came to use them as money, but

Page 2 of 4512345...102030...Last »