Tag Archives: gold

The Long Run Economics of Debt Based Stimulus

Something both unwanted and unexpected has tormented western economies in the 21st century.  Gross domestic product (GDP) has moderated onward while government debt has spiked upward.  Orthodox economists continue to be flummoxed by what has transpired. Here is the United … Continue reading

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Gold Stampede Imminent

The mass impulse of a cattle stampede can be triggered by something as innocuous as a blowing tumbleweed.  A sudden startle, or a perceived threat, is all it takes to setoff this mass uncontrolled running.  Once the herd collectively begins … Continue reading

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Alan Greenspan’s Pickled Economy

Former Federal Reserve Chairman Alan Greenspan resurfaced this week.  We couldn’t recall the last time we’d heard from him.  But, alas, the old fellow’s in desolate despair. On Tuesday, for instance, he told Bloomberg he hasn’t been optimistic for “quite … Continue reading

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Before the Devil Knows You’re Dead

Something rather strange is going on.  Ten year Treasury yields and gold are simultaneously envisaging inflation and deflation.  Yields on the ten year Treasury note have jumped from 1.98 percent to 2.34 percent during the last 30 days.  Gold’s price, … Continue reading

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