Dec 20

Russia Not Selling Gold, It’s Buying; Reflections on

On December 17, ZeroHedge asked Will Putin's Next Step Be To Sell Gold? On December 18, ZeroHedge answered his own question…

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Dec 19

Spain to Abolish Rent Controls; 20,000 Small Businesses

Abolition of rent controls in Spain this month have prompted some landlords to increase fees by tens of thousands of…

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Dec 18

Competitive Theories: “Deflation Warning” vs. “Inflation is Nearly

Theory #1: Break-Even Rates Provide "Deflation Warning" Bloomberg is sounding a Deflation Warning as 2-Year Break-Even Rates Go Negative. Break-even rates are…

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Dec 17

Pass the Cigars: US Lifts Some Restrictions on

Sanctions and embargoes don't work. And in the case of Cuba, it took the US 52 years to partiallyrealize that.In…

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Dec 16

What’s Behind the Plunge in Oil? Winners and

What's Behind the Plunge in Oil? In the wake of a widely unexpected, huge oil price decline, I have received…

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Dec 15

Moscow Hikes Interest Rates to 17% from 10.5%

I commented earlier today, that you do not defend a currency by foolishly wasting foreign reserves. The Russian central bank…

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Dec 14

Consumer Price Deflation for 15 Consecutive Months in

Spain is in the midst of consumer price deflation going on 15 months. Inflation is -0.4% and falling. El Confidential…

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Dec 12

Is Gold Tracking Movements in the Yen, Euro,

Recently, several people emailed me stating an observation that gold is directly correlated to movements in the Yen.Let's investigate that…

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Dec 11

Illinois Passes Law Making it a Felony to

How to Stop Police Abuse There's one way and one way only to stop police abuse: Criminally prosecute it, then allow…

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Dec 10

I Traded Some Gold For Silver

Last Friday I decided the gold:silver ratio was so out of line that I swapped some of my gold for…

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Dec 9

Physical Gold and Silver vs. Paper Gold and

I am a gold bull, but I am also concerned about seriously misleading hype regarding alleged shortages. For example, a friend…

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Dec 8

Helping “Qualified” Buyers: Fannie, Freddie Detail 3%-Down Payment

Now that home prices have recovered and homes are not the bargain they were four years ago, it is fitting…

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Dec 7

Ukraine Needs Second Bailout, Currency Reserves Drop to

On Wednesday I noted the arrival of carpetbaggers in Ukraine. (See Enter the Carpetbaggers: Ukraine's New Finance Minister a US…

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Dec 6

Gold Drain at the New York Fed: Where’s

Nick at Sharelynx Gold, also known as Gold Charts "R" Us emailed an interesting chart last week showing gold drain…

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Dec 5

Global Oil Consumption Report: What Countries Have Increased

Reader David Epperson sent in some interesting charts on global oil usage that he produced from U.S. Energy Information Administration…

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Dec 4

Putin Threatens Currency Speculators; Six Ways to Know

Here's a lesson about various ways to spot a currency that is in deep-deep trouble. Crackdown on "currency speculators" Accusations of foreign…

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Dec 2

Greece Needs Another €10 Billion Bailout; Syriza Leader

Since the beginning of September, yield on the Greek 10-Year bond has gone from 5.53% to 8.05% with a spike…

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Dec 1

Huge Commodity Reversals; Is the Bottom In?

Gold, silver, and oil put in pretty spectacular reversals today from Friday Noon. Let's take a look.Gold 60-Minute Chart Silver 60-Minute…

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Nov 29

Sanctions on Russia Bite Europe, China the Beneficiary

European sanctions on Russia have hurt the EU far more than Russia. Moreover, Europe has lost key machinery contracts to…

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