Bloomberg — Has It Become Impossible to Prosecute White-Collar Crime? – [SH: Bwahahahaha! The widdle peeple are too dumb dumb to understand all the complex fraud]? ReaderSupportedNews — Obama Administration Urges No Bankruptcy Relief for Student Debt – [SH: one…
We discuss the past which is the future for the empire of debt that is America where financial engineering is to its rule as road engineering was to the Roman one. As financial engineering fails, however, from QE to share…
By Dr Brian Lucey Recent research has begun to cast some doubt upon the inflation hedging capacity of gold. The inflation experience over the last 40 years, since gold began to float freely, has been very mixed. In the 1970s…
Many of the systems we take for granted are historical accidents. Either based on legacy systems hundreds of years old (higher education) or assembled in a short-term, ad hoc fashion (post-1940 national defense/ national security), these systems have expanded into…
The silly and somewhat insane uber Keynesian “Trillion Dollar Platinum Coin” appears to be now firmly off the table. The US Congress has once again ruled out the possibility of issuing a “trillion dollar platinum coin” floated as a possible…
We discuss confused investors, confused voters and confused central bankers, all who hope that credit will save the GDP day one day. In the second half, Max interviews Egon von Greyerz of GoldSwitzerland.com about negative interest rates and the hoard…
The geopolitical and financial risks facing the global economy are well-known.Hot wars and currency meltdowns garner headlines around the world. But few even hear, much less discuss, four ticking global time-bombs: 1. The demographic time-bomb. 2. The public health time-bomb.…
Gold is looking likely to finish the year positive for the first time since 2012, according to Frank Holmes writing in Forbes today. Holmes points to the weaker US dollar, the probability of near-zero interest rates for the remainder of…
Marketwatch — New ‘Twitter ETF’ sounds crazy, but it’s actually dangerous – [SH: I would bet that this ETF technology references Max Keiser’s ‘virtual specialist’ patent. Monetising emotion. Would you invest in this ETF?] NakedCapitalism.com – ObamaCare’s Neoliberal Marketplace: Failing.…
ShapeShift.io launched something they call the ShapeShift Skeleton tool. It lets any website act as the the platform to purchase or sell of digital assets.
Most of you will be quite familiar with Peter Schiff. Fewer of you will know much about his father, Irwin Schiff, who was posthumously referred to as the “grandfather of the contemporary tax protest movement” in Forbes. Irwin was treated very poorly by…
Change is brewing in London as the the LBMA – the association that oversees the world’s largest gold market – is looking at how best to modernize and improve over-the-counter gold trading. As members of the world’s gold industry meet this week at…