Commentaries

Hyperinflation is perhaps the darkest side of a government fiat money regime. Among mainstream economists, hyperinflation typically denotes a period of exceptionally strong increases in overall prices of goods and services, thus denoting a period of exceptionally strong erosions in the exchange value of money…..

My usual TTC is the $GOLD:$SPX ratio, which will not update until after hours. So here is a look at surrogate GLD-SPY. Is this a picture of impatient, momo following, non-perspective-having dumb money getting played yet again? All the while, gold has been in consolidation of the unsustainable upside it experienced in ratio to everything … Continue reading

Below is an email that went out from a Canadian bullion dealer: “Sold almost a half tonne of silver on Friday. Bought 3,000 maple leafs in two orders over the last couple of days to replenish shop inventory…I am doing my best to add to my personal holdings but so much is coming in I … Continue reading

By Neil Charnock www.goldoz.com.au It has been a hectic week here educating clients about global capital flows and debt cycles. One of the really interesting factors at play Down Under has been the unwinding of the carry trade which accelerated last night. The message it not always understood so I will be preparing a file … Continue reading

By Martin Hutchinson, Contributing Editor, Money Morning It had a huge housing boom, and is now dealing with the fallout. It has a left-of-center government and a big budget deficit, but relatively low debt in relation to its gross domestic product (GDP). And it has a worrisome current account deficit. I’m talking, of course, about … Continue reading

The ascending dominance of the “Currency Contagion” meme will raise the selling price of this asset 197%…..

This quarter to the tune of $10.6 billion: WASHINGTON/NEW YORK, May 5 (Reuters) – Freddie Mac (FRE.N), the second-largest provider of U.S. residential mortgage funds, on Wednesday asked for an additional $10.6 billion in federal aid after it lost $8 billion in the first quarter…LINK. “No problem,” reflects Whirlybird Ben Bernanke and Tiny Brain Tim … Continue reading

Greece, Europe’s Achilles Heel continues to implode under its budget deficit and total debt burden sending a series of strengthening shock waves across Europe’s credit and financial markets…..

Source: Karen Roche of The Gold Report 05/05/2010 http://www.theaureport.com/pub/na/6221 Talking heads are waxing enthusiastic over signals that the recession is receding, but debris from the derivatives debacle won’t go away without a total financial system collapse, according to 321gold.com founder Bob Moriarty in this exclusive Gold Report interview. “Nobody and nothing is going to stop … Continue reading

In the wake of continuing global financial turmoil, we hear quite a bit about “safe havens.” Ask someone today and they’d tell you that the US Treasuries are a safe haven and probably Gold also. On a day-to-day basis, certainly the US Dollar and US Treasuries are safe havens. The financial media loves to point … Continue reading