Archive - Feb 2014 - Blog entry

Global gold prices may have been manipulated on 50% of occasions between January 2010 and December 2013, according to analysis by Fideres, a consultancy. Pension funds, hedge funds, commodity trading advisers, futures traders and ordinary investors are likely to have suffered losses as a result. Many of these groups were "definitely ready" to file lawsuits.

By accusing someone else of being responsible for my emotional outbursts I am in essence avoiding responsibility for my own actions. By blaming others for my ‘State of Mind’ I’m assigning myself to the ‘role’ of victim status.

A dispassionate and analytic of the macro developments for the week ahead. 

A rock and a hard place...

Everybody knows of the light-heartened Big Mac index that the boys at The Economist thought up in 1986 in an idle moment as a yard stick for comparisons between countries around the world.

Faster, Higher, Stronger...

A look at the price action among the major currencies for the week ahead. 

And Hand Over Power to Giant Multinational Corporations

Now this is scary...

The Chinese Gold & Silver Exchange Society is prepared to spend at least HK$ 1 billion to set up a gold vaulting warehouse in mainland China that will be able to store a massive 1,500 tonnes of gold. Owning gold directly and in a fully allocated, fully segregated account and with an ability to take delivery remains vital.

Inquiring fringe lunatic low brows want to know...

Society is about to turn decidedly against the Bankers

Since when did the people at the top have even the slightest inkling about what the poor people down below, the ones that we have trampled on, might be in need of to help them get out of the poverty that is entrenching their lives?

To express any uncertainty whatsoever was, and still is, considered a sure sign of weakness and will never be entertained. This belief is nearly universally held and is of course promoted by all self proclaimed authorities.

Not a word about soaring prices and higher rates that have pushed median-priced homes beyond the reach of hardworking Americans