Tag Archives: Race to the Bottom

Currency Wars – Survival of the Weakest

The Fed and the ECB are continuing to pump trillions of dollars into the financial system to keep aggregate demand and therefore GDP from collapsing. The excess liquidity puts downward pressure on currency exchange rates, Guido Mantega, the Brazilian Finance … Continue reading

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Debt Crisis? Or Currency Crisis?

CRI’s Prediction vs Actual In our most recent post we described the recent market volatility as being the result of ongoing currency crises in Japan, Europe and America.  Many are probably thinking: Currency crisis?  I thought the problem was debt?  … Continue reading

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Selling Gold You Don’t Have

It Seemed Like A Good Idea At The Time Right now there is a lot happening in the world.  The US is still on a road to bankruptcy, but they have managed to kick that can down the road slightly.  … Continue reading

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United States of Corruption & Injustice

Land of the Fraud, Home of the Banks SLV in CAD America isn’t the only country with serious problems, but the US dollar is still the world’s reserve currency (for now), so what happens in America invariably impacts the entire … Continue reading

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Don’t Trust the Frontmen

As the situation in both the Middle East and Japan continue to escalate the world of international finance staggers on, woozy and dazed. Brent crude is at $117 and WTI is at ‘only’ $106/barrel. After the initial jump in price … Continue reading

Posted in Economy, Gold Standard, Inflation | Tagged , , , , , , , | 14 Comments

Why the Fed Can’t (and Won’t) Raise Interest Rates

The signs of currency devaluation are all around us.  Yesterday (Feb. 4th) commodities surged.  Gold surged too. Are we really supposed to believe there is that much extra demand for commodities and gold, or their supply that restricted, that prices … Continue reading

Posted in Inflation | Tagged , , , , , , , , , , , , , , , , , , , | 33 Comments