Good corporate governance is a bedrock on which a company can let its intellectual creativity and innovation flourish. It is like a compost put into a vegetable patch for the spring planting.
Equally, it is possible that some of the gold that has disappeared from the ETFs has again gone back into private hands or else is being accumulated in stealth manner by the official sector such as emerging market central banks. We discussed this, hacking of the CME and financial exchanges, ‘peak gold’ and why Russia and China are increasingly important to the global gold market in a short video interview at the weekend:
The Central Bank policies of the last five years have damaged the capital markets to the point that the single most important item is no longer developments in the real world, but how Central banks will respond to said developments.
Eating out for the weekend brings home the idea that food and restaurant costs are only going up on the whole...
While many will claim otherwise, often those who are awakening just want the system to be ‘fixed’ so they can go back to sleep.
Gold Lock Down Despite Aggressive Plan To Ban Russia From SWIFT, Terrorism & War Risk; Palladium At Multi-Year High Over $900Submitted by GoldCore on 09/01/2014 16:14 -0400
The 13 year anniversary of the 911 attacks in 2001 looms next week and given developments in recent days and weeks, one must be wary of new attacks in the UK , U.S. and other western nations. The UK has raised the country's terror threat level from substantial to severe, its second highest level. MI5 and MI6 said there was no information to suggest an attack was imminent.
Although I never thought it was possible, it makes me angry to write this book review. I'm not angry because I don't like the book. On the contrary, this is the best economics book I've ever read. Indeed, it may be the best and most influential book I've ever read in my life. I only wish I had read it the moment it was published in April 2013.
Gold Bears Have Wind at their Backs as Technicals likely to fail to downside over Near-Term.
Dispassionate look at the week ahead, without the hysterics of the sky is falling or the mother of all crises is around the corner.
Were this extreme policy to be implemented it would be a further and deliberate debasement of fiat currencies. Alan Greenspan’s warning of “fiat money in extremis” becomes more real by the day. Were this silly proposal ever to become policy, it would significantly increase the risk of inflation and stagflation. In a worst case scenario, it will lead to currency collapse and hyperinflation.
As we embark on yet another ever widening gyre of military violence, I would like to remind all of the truth and veracity of our overlords...
Movement to Declassify 9/11 Information Gathers Momentum ... 9/11 Commission Chairs and Congressmen Call for DeclassificationSubmitted by George Washington on 08/31/2014 02:30 -0400
This seems to be the biggest question in financial markets for me right now because the math just doesn`t add up any way you slice it.