Gold bullion imports into China via main conduit Hong Kong more than doubled month-on-month in March, data showed on Tuesday as reported by Reuters. China’s net-gold imports via Hong Kong more than doubled in March to 111.6 tonnes. Chart not updated as…
Their goal to let every cryptocurrency autonomously become part of a massive swarm of decentralized global financial interaction. They will be represented by hybrid tokens and the programming code for this would be open source.
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A funny thing often occurs after a mania-fueled asset bubble pops: an echo-bubble inflates a few years later, as monetary authorities and all the institutions that depend on rising asset valuations go all-in to reflate the crushed asset class. Take…
The last thing I ever wanted to do was write about France’s likely next president, Emmanuel Macron, but here we are. This post was inspired by a very telling Financial Times article sent to me by a reader, but we’ll…
We discuss the fact that Silicon Valley is being destroyed and $400 juicers are the evidence. Max interviews Dan Collins of TheChinaMoneyReport.com about China’s tech sector coming up with all the innovations while drawing in all the investment. While Silicon…
Florida lawmakers are considering a new legislation that aims to stop virtual currency dealers who indulge in money laundering activities. The bill, sponsored by Miami-Dade Representative Jose Diaz, has already passed through the state’s House Appropriations Committee. Will this…
LePen Euro Frexit Panic Over – “For Now” by John Stepek, Editor of Money Week OK, drama’s over. The French election has turned out pretty much exactly as expected. For all that some of the papers are leading with “French…
Longtime readers know I follow the work of urbanist Richard Florida, whose recent book was the topic of Are Cities the Incubators of Decentralized Solutions?(March 14, 2017). Florida’s thesis–that urban zones are the primary incubators of technological and economic growth–is…
Longtime readers know I follow the work of urbanist Richard Florida, whose recent book was the topic of Are Cities the Incubators of Decentralized Solutions?(March 14, 2017). Florida’s thesis–that urban zones are the primary incubators of technological and economic growth–is…
Gold Sovereigns – ‘Life Changing’ ‘Treasure’ Trove Found In UK The gold sovereigns – semi-numismatic gold coins made up of both gold sovereigns and half gold sovereigns dating from the reigns of Victoria, Edward VII and George V – were discovered…
We ask whether or not it is the end of easy money. In the second half, Max interviews Mike Maloney of GoldSilver.com about interest rates, free money and gold.
I wanted to paint a picture of how disgusting I feel our financial system has become, so this came out: A Banquet without Consequences. A bacchanal of financial terrorists indulging themselves in their largess. This feels like the zeitgeist: Sex…
The American empire is becoming increasingly insecure and desperate, which also makes it increasingly dangerous. Empires don’t reform, and as we can see from Trump’s first 100 days, we certainly aren’t going to see a reversal of course from him. We…
– Silver, platinum and palladium see increased role as investment vehicles – Increase in academic output on the white precious metals is in line with this – Silver and particularly gold are safe haven assets – Silver was a safe haven…
OK, so our collective eyes start glazing over when we see Marx and Orwell in the subject line, but refill your beverage and stay with me on this. We’re going to explore the premise that what’s called “socialism”–yes, Scandinavian-style socialism…