Archive for the ‘Uncategorized’ Category

How to Beam Factories to Mars

Posted by on November 22nd 2017 in Uncategorized | Be the first to comment!

By Robert P. Murphy By: Robert P. MurphyIn a recent blog post, Paul Krugman tried to illustrate a point about the GOP tax cut plan by imagining interplanetary trade with Martians. (At least he’s now entertaining voluntary transactions, rather than an alien invasion.) Yet in his zeal to downplay the potential benefits to workers from a corporate tax cut, Krugman ends up shortchanging the versatility of markets. As a teaching exercise, I’ll walk through the full implications of Krugman’s story about Martians, to show the elegance of capitalism.Krugman’s Martian ScenarioThe context for Krugman’s fanciful thought experiment is the GOP plan to cut the corporate …read more

Source:: Mises Daily

Harry Dent’s Gold Prediction Invalidated

Posted by on November 22nd 2017 in Uncategorized | Be the first to comment!

We were recently asked to comment on Harry Dent’s predictions for the gold market and we thought that our reply might benefit other gold investors as well. To be precise, we were asked about Harry Dent’s 30-year cycle that supposedly peaked in 2011, and we supposedly could expect gold to peak again somewhere between 2038 and 2040 (you can watch the interview here). The indirect implication is that gold is not likely to soar sooner and that it’s likely to decline for a relatively long time. …read more

Source:: GoldSeek

The Comex Metals Attempt Another Rally

Posted by on November 22nd 2017 in Uncategorized | Be the first to comment!

By Turd Ferguson The latest Durable Goods report was a real turkey and it has knocked the stuffing out of the USDJPY this morning. Can this be used to yam Comex gold and Comex silver higher or is this all simply pie in the sky?
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Source:: TF Metals Report

Your Latest Batchelor-Cohen Cold War Discussion

Posted by on November 22nd 2017 in Uncategorized | Be the first to comment!

By Turd Ferguson Another history lesson last evening from Batchelor and Cohen as they compare the current geopolitical climate to The Cold War of the 20th century.
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Source:: TF Metals Report

US Mint Sales: George Rogers Clark Quarters Debut

Posted by on November 22nd 2017 in Uncategorized | Be the first to comment!

By Mike Unser Early U.S. Mint sales figures are now available for quarters commemorating Indian’s George Rogers Clark National Historical Park.

Released last week on Monday, Nov. 13, the George Rogers Clark…
[[ This is a content summary only. Visit my website for full links, other content, and more! ]] …read more

Source:: Coin News

Gold Prices Recover as India, China Premiums Rise But GLD Flat After Institutional Jump

Posted by on November 22nd 2017 in Uncategorized | Be the first to comment!

By Adrian Ash GOLD PRICES recovered two-thirds of this week’s earlier 1.3% drop against the Dollar on Wednesday, trading up to $1286 per ounce as Asian demand edged premiums in China and India higher, and world stock markets rose yet again.

Government bond prices sat tight, keeping 10-year US Treasury yields unchanged at 2.36%, in the middle of the last month’s range.

Crypto-currency Bitcoin slipped 2.0% from Tuesday’s new all-time record high at $834, while silver recovered above $17 per ounce.

Gold priced in Sterling meantime halved its earlier loss for the week, touching £972 per ounce as the Pound fell while UK …read more

Source:: BullionVault

SELLING OUT OF PRECIOUS METALS AND BUYING BITCOIN…. Very Bad Idea

Posted by on November 22nd 2017 in Uncategorized | Be the first to comment!

There is a new trend by individuals in the alternative media community who are now selling out of precious metals and buying into Bitcoin and cryptocurrencies. While this may seem like a good idea, especially when Bitcoin and the cryptocurrencies reach new all-time highs, it is likely a big mistake. …read more

Source:: GoldSeek

The Bitcoin Bubble Explained in 4 Charts

Posted by on November 22nd 2017 in Uncategorized | Be the first to comment!

Cryptocurrencies have surely been the best-performing asset class of 2017. The crown jewel of the crypto world Bitcoin has run up over 604% year to date. But that pales in comparison to Ethereum’s 3,562% gain this year. Naturally, these sorts of monstrous returns in such a short period of time spark heated debate. In fact, many financial pundits and crypto advocates have scrambled to argue whether Bitcoin is a bubble or not. …read more

Source:: GoldSeek

VXX Sends an Awesome Message from Another Galaxy

Posted by on November 22nd 2017 in Uncategorized | Be the first to comment!

Hard as it is to believe, VXX took a crucial step Tuesday toward a longstanding target at 26.32 that until recently had seemed as remote and inaccessible as a seashell lying at the bottom of the Marianas Trench. The relentless downtrend has been driven by an equally relentless bull market in stocks. The fact that the broad averages have not corrected significantly in years has sucked the marrow from VXX, causing the volatility trading-vehicle to implode over months and years, like a collapsing dwarf star. …read more

Source:: GoldSeek

Government Didn’t Save Us From Apple’s iPhone “Monopoly”

Posted by on November 22nd 2017 in Uncategorized | Be the first to comment!

By Ariel Lighterman By: Ariel LightermanIn 2007 Apple Inc made a move that changed the whole High-Tech world when it launched the first iPhone. The iPhone easily dethroned Nokia, and became the first smartphone that appealed to technophiles, businessmen, and everyday consumers.Apple generated exceedingly high profits from the iPhone’s success. According to iSuppli, Apple made a $326 profit for every unit of the 2nd generation iPhone sold (excluding development and capital costs). Attracted by these profits, many companies had tried to find the formula for a mobile phone that will cut into Apple’s market share. Palm and Nokia failed miserably, while RIM’s Blackberry …read more

Source:: Mises Daily

The Christian Ethics Behind the Pilgrims’ Rejection of Communism

Posted by on November 22nd 2017 in Uncategorized | Be the first to comment!

By Shawn Ritenour By: Shawn RitenourHistorically, Thanksgiving has been a feast day during which Americans are called upon to thank the Lord for the many blessings he has bestowed upon us. Richard J. Maybury and Gary Galles both explain the economic lessons to glean from the experience of the Pilgrims and both note that the primary reason for God’s blessing them with relative prosperity after years of famine and hunger was a shift away from socialism and toward private property. In their essays, both authors draw upon William Bradford’s History of Plymouth Plantation to get the story straight from the source.One misconception that …read more

Source:: Mises Daily

Asian Metals Market Update: November-22-2017

Posted by on November 22nd 2017 in Uncategorized | Be the first to comment!

It will be a technical trade today and till Monday. Moves will be big and two way. Investors will not be able to sleep on their investments. It should be a day trader’s paradise till Monday. Copper, industrial metals and crude oil are looking bullish at the moment. Gold and silver are in anything can happen zone. Short term hot money is still into bitcoin and crypto currencies. …read more

Source:: GoldSeek