John Hathaway, respected authority on the gold market and senior portfolio manager with Tocqueville Asset Management has written an excellent research paper on the fundamentals driving...
Globally the bond bubble has grown by more than $20 trillion since 2008. Today it is north of $100 trillion, with an additional $555+ trillion in derivatives trading based on it.
After all, in yesterday’s oil trading there were over 600,000 contracts trading hands on the Globex exchange Tuesday with over 1 million in estimated total volume at settlement.
Submitted by Phoenix Capital... on 11/30/2015 - 10:17European Central BankFranceReuters
This is not the end of the war on cash. Ultimately it will culminate in efforts to impose a carry tax on physical cash if not ban cash outright.
Submitted by GoldCore on 11/26/2015 - 10:47SwitzerlandTwitterTwitter
They say people get the governments they deserve; well, they get the institutions and an regulators they deserve, too. Apathy is the greatest destroyer of liberty.
Submitted by Sprott Money on 11/26/2015 - 05:58Central BanksfixedMexicoPrecious MetalsReutersSilver ETFs
Yes, it’s true that the propping up of the markets by the Fed and Central Banks has gone on longer than we realized, the unraveling of the World’s Greatest Financial Ponzi Scheme is still on its way.