Saturday A bit more on something that I have covered before. I think that it is an important insight. Beware the widening of the Gold/silver ratio. The beginning of the end will commence when the agreement that fiat is a sound vehicle for carrying wealth into the future starts its real collapse. Broad awareness is still absent at this point. That will first be … [Read more...]
The Great Imponderable
Sunday When will currencies collapse? All we can do is hazard some guesses. First guess, is not imminently. There are still some tricks up the sleeves of our central bankers. The central bank of Switzerland is buying stocks – eighty billion US$s of them. They bought seventeen billion dollars’ worth of US stocks in just the first three months of this year. The SNB … [Read more...]
Sagging Currencies and Rattling Sabres
Friday Currencies are held together only by the agreement that they are of value. It could well be that they are about to take a tumble. Too many negatives are coincident: - Sabres are rattling in China, Russia and Japan* - Stock markets are overvalued - The major economies are in dire straits - Unemployment and poverty are widespread and growing - Banks are … [Read more...]