Tag Archives: currency
The Best Laid Schemes of Mice and Men
Japan can’t seem to catch a break. On Wednesday, for instance, Japan’s Finance Ministry reported that Japanese exports increased 6.4 percent to $51.2 billion in January from a year earlier. Unfortunately, imports rose even faster…climbing 7.3 percent to $68.6 billion. … Continue reading
The Great Money Caper
Several weeks ago we alerted you to the burgeoning currency wars and the new age of desperation. If you recall, nations, in unison, are attempting to export their way to prosperity by killing their currencies. Unfortunately, if everyone’s doing it, … Continue reading
Scraps of Paper Be Damned
Today we begin with several data points… First, if you hadn’t noticed, gold and silver bullion coins are selling faster than boysenberry funnel cakes at the county fair. January 2013 U.S. Mint bullion sales of the American Eagle 1-ounce gold … Continue reading
Currency Wars and the New Age of Desperation
It must have seemed like a good idea at the time. Of course, the time is always right for government policy makers to improve upon the natural order of things. In their dim minds, the unintended consequences of their actions … Continue reading
