Archive - Jan 3, 2014 - Blog entry
RiNGiNG OuT THe FooL...
Submitted by williambanzai7 on 01/03/2014 14:53 -0500Good riddance to the original snow job...
Inflation is Already Here… But It's Being Masked
Submitted by Phoenix Capital Research on 01/03/2014 13:45 -0500Most people believe that when inflation hits, prices have to go higher. This is true, but higher prices can be manifested in multiple ways. Firms usually do not simply raise prices in nominal terms as price elasticity can kill revenues because it would hurt sales.
Fizzing Optimism For Wild Financial Engineering
Submitted by testosteronepit on 01/03/2014 12:40 -0500Nothing can be a more pungent metaphor for today's investment climate than the headline, “Macau gambling revenue hits record $45 bn in 2013.”
The Future of Money: A Matter of Functions Four, a Medium, a Measure, a Standard, a Store!
Submitted by Reggie Middleton on 01/03/2014 11:24 -0500The Future of Money: The Dumb Dollar vs Smart, Programmable Currencies!
Gold Down 28% In 2013 Despite "Skyrocketing Demand" - Perth Mint Sales Surge 41%
Submitted by GoldCore on 01/03/2014 04:42 -0500Gold and silver prices surged higher today in the opening hours of trade in 2014. Gold rose 1.8% to $1,220/oz and silver surged over 3% to $20.02/oz.
Gold fell 28% in 2013, while silver recorded a 36% decline. It was gold’s first annual drop since 2000 and gold and silver’s worst performance since 1981 and 1984 respectively.
