May 21

When Hedge Funds Go Short, Gold Goes Up

Bloomberg is reporting on the rising number of hedge funds shorting gold: Gold Bear Bets Reach Record as Soros Cuts Holdings Hedge-fund…

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May 20

Velocity of Money and the Crack-Up Boom

Based on both recent history and mainstream economic theory the past few years should not have been possible. When you…

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May 16

Golden Bullseye

One of the lessons that gold bugs are learning, in the most painful way possible, is that you can’t trade…

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May 15

Preparing For Deflation

Signs of a slowdown are spreading. Here in the US, despite all the happy talk about rising stock prices and…

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May 11

Currency War, Part 9: What’s Wrong With These

Japan’s currency devaluation has worked beautifully. The yen is plunging, Japanese stocks are soaring, and the current account surplus —…

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May 8

One More Drop, Then Silver Back Above $25

In this week’s Q & A, National Numismatics’ Tom Cloud updates his near-term precious metals price targets and explains why…

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May 6

Welcome to the Currency War, Part 8: US

It’s easy to understand the attraction of things like adjustable-rate mortgages and teaser-rate credit cards. They give you cheap money…

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Apr 27

First-Quarter GDP: Way Worse Than It Looks

First-quarter GDP came in at an annualized rate of 2.5% this morning, which is not terrible as growth goes these…

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Apr 23

News Flash: Economists Clueless

Economist Robert J. Samuelson just published an unintentionally funny article in Capital Journal on the bemusement today’s economists feel after…

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Apr 18

For Gold, Friday’s COT Report Is Huge

The dominant explanation (in the sound money community at least) for the precious metals crash is, well, sabotage. The metals…

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Apr 14

The Long Wave Versus the Printing Press: Another

Marc Faber of the Gloom Boom Doom Report was interviewed by Bloomberg on Friday, and of course topic number one…

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Apr 12

Welcome to the Currency War, Part 7: The

Based on the past few weeks’ stock market action, Japan’s decision to flood the world with yen looks like a…

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Apr 4

Gold’s Paper Price “Doesn’t Mean Anything”

In this week’s talk with National Numismatics’ Tom Cloud, he explains why the reported price of gold is not the…

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Mar 29

The Other Currency War

Most of the recent “currency war” talk refers to countries trying to lower the value of their currencies to gain…

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Mar 25

“Risk-Free” Is So 2012

So you’ve got this pile of cash and you’re not sure what to do with it. Nice problem, as problems…

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Mar 21

Money In The Bank? No Thanks

In Niall Ferguson’s Civilization: The West and the Rest, he presents a list of institutional arrangements that turned a bunch…

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Mar 12

If This Isn’t The Gold Bottom, It’s Close

In this week’s talk with National Numismatics’ Tom Cloud, he covers the tightness in the silver market and why the…

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Mar 10

Is the Bubble Back?

For a decade or so leading up to the 2009 crash, one of the highlights of Doug Noland’s Prudent Bear…

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Mar 2

The Coming Higher Education Bust: “Some Will Survive”

To understand how close many US universities are to catastrophic failure, let’s start with the story of Robert (not his…

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