Monday, 31 March 2014

Alasdair Macleod - The Latest Trends on Gold

Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics, a website dedicated to sound money and demystifying finance and economics.

MR. Macleod first became a stockbroker in 1970 and a Member of the London Stock Exchange in 1974. His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy.

In this talk Mr. Macleod shares his view on the latest trends on gold.

Saturday, 29 March 2014

Entrepreneurship Is Your Shield Against The Coming Wealth Transfer

Last weekend, Chris and I traveled to Phoenix, AZ, where we spent several days with Robert Kiyosaki, author of the popular personal finance book Rich Dad, Poor Dad, which has sold over 26 million copies to-date.

Robert had read The Crash Course, and it resonated so strongly with him that he purchased copies for his staff and made it the theme of his company's leadership conference this spring. Together with his wife, Kim, and his council of Rich Dad advisors, we spent many hours discussing the future implications of the Three E's with business leaders from across Robert's global organization.

Kiyosaki's great passion is financial education; specifically, teaching people how to take control of their destiny by becoming financially independent through business ownership and investment income.

- Source, Peak Prosperity:

Thursday, 27 March 2014

More Food Inflation On The Horizon

A UN report showed food prices jumped last month by the most in 1.5 years. CNBC's Sara Eisen discusses what's behind the rise in food costs.

Sunday, 16 March 2014

Army Gives Out $500,000 Armored Trucks for Free

The U.S. Army is giving away 13,000 armored trucks, worth about $500,000 each. The 20-ton MRAPs, or Mine-Resistant Ambush-Protected trucks, were built specifically to save U.S. soldiers from roadside bombs in the Iraq and Afghanistan wars. Now the trucks are patrolling U.S. city streets. U.S. law enforcement agencies have received the lion’s share of this high-powered military surplus.

- Source, Bloomberg:

Friday, 14 March 2014

U.S. Government Says 'No Inflation' As Food Prices Soar

While the government says prices are up 6.4 percent since 2011, chicken is up 18.4 percent, ground beef is up 16.8 percent, and bacon has skyrocketed up 22.8 percent.

Wednesday, 12 March 2014

The European Debt Crisis Visualized

At the heart of the European debt crisis is the euro, the currency that ties together 18 countries in an intimate manner. So when one country teeters on the brink of financial collapse, the entire continent is at risk. How did such a flawed system come to be? Bloomberg Television and Jonathan Jarvis present "The European Debt Crisis Visualized."

- Source, Bloomberg:

Monday, 10 March 2014

Inevitable Debt Default Ahead For US, UK And Japan

Kevin Doran, senior fund manager at Brown Shipley, and David Bloom, global head of foreign exchange strategy at HSBC, discuss the global economic outlook and the chance the U.S., U.K. and Japan could default on their debt.

Wednesday, 5 March 2014

Earthquakes In The Financial System & The Global Impact

We might be approaching the moments when the markets resume the natural function of price discovery. For those holding paper assets or shares of companies tied to the distorted financial system that exists today, that price discovery could be very unpleasant. If interest rates and prices are freed so they can seek natural levels, the destruction of both nominal and inflation-adjusted prices would be swift and severe.

Precious metals and the mining shares continued to head the asset classes at the end of the week. The HUI extended its calendar 2014 lead over the Dow Jones Industrials to 28%. As the degrees of freedom available to the central planners become less opaque, our belief is that we are in the final stages where their choices are few, risky and unpleasant.
The belief has been that central control and unlimited liquidity could cure anything. We can see clearly that the Japanese attempt to do this with their own version of unlimited QE was nothing more than a one-year sugar high. The change in the yen and the meteoric rise in the Nikkei proved to be transitory. For the rest of the central planners, it must be sobering to see such a failed experiment in the real world.

Despite the empirical evidence to the contrary provided by the Japanese, the progressively rotting underpinnings of the global economy and the dangerous outbursts of social unrest will cause the central planners to turn to what they know best, even more printing. If that is the case, we should continue to see repressed interest rates and supported equity prices. While it is always possible that they will take the occasional sucker punch at the metals and miners, the supply/demand equation and the deep value embedded in those assets should make such attempts tremendous opportunities for investors to accumulate more significant positions.

- Robert Fitzwilson via a recent King World News interview, read more here:

Monday, 3 March 2014

Andrew Maguire - The Reason Why Silver Will Rocket Higher

“They are extremely worried about the shift in bearish sentiment, and they are doing their utmost trying to stop this from taking off.

Now, we’ve been getting a lot of two-way information regarding India. ... The World Gold Council estimates gold smuggling to be 20 to 30 tons per month, but my wholesaler says this is a ‘gross underestimation,’ and could be as high as ’50 tons per month.’

Although this large scale smuggling has partially offset an enormous pent-up demand, once restrictions are eased, gold demand will explode (in India). As most Indian gold is sourced in London, this catch-up physical demand will have an immediate impact on price. Indians are used to a $1,450+ gold price already. So there is going to be little in the way of sticker-shock for them.

As far as silver is concerned, the most recent import data recorded Indian silver demanded from April 2013 to January 2014, was 1,497 tons. That is a record for this period during the last 5 years. This data is significant as it matches the strong April 2008 to January 2009 period, when silver reached a bargain price of $8.40 an ounce -- Indians know how to recognize a bargain.

This 100% confirms our reports of a ramp-up in wholesale silver bullion bars being airfreighted to India. Silver fundamentals are extremely bullish as is the current paper market structure. ... At the margin it is wholesale silver that is in short supply, not retail bars. And JP Morgan is leading the way now in stockpiling 1,000 ounce silver bars. It’s not rocket science to realize why they are doing this.”

- Andrew Maguire via a recent King World News interview, read more here:

Saturday, 1 March 2014

China Dumping Their Trillions in US Treasuries

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the new game called the Hunger Gains. In a financialized zero sum world, Housing Gains plus Hunger Pains equals The Hunger Gains. This game is sponsored by China, however, and if they withdraw their sponsorship by dumping their trillion in US Treasuries, a new game called working may have to happen. In the second half, Max interviews Alasdair MacLeod of about the redemption of emerging market currencies into the US dollar mirroring pre-WW1 bank runs, except on a global scale. With this ongoing global bank run happening, it is China that is buying up all the gold.

- Source, Russia Today: