Home » Posts tagged 'simon black' (Page 3)
Tag Archives: simon black
Europe is so weak it can’t even handle 0% interest rates
Europe is so weak it can’t even handle 0% interest rates Europe’s leading economic policy makers have officially thrown in the towel. Last week, the European Central Bank admitted economic conditions are so dire that it already has to reverse its monetary policy. I’ll get back to that in a minute… Following the Great Financial Crisis in […]
Reason #437 to own gold: The Fed wants Negative Interest Rates
Reason #437 to own gold: The Fed wants Negative Interest Rates And just like that, it seems we’re headed back to quantitative easing… After cutting interest rates to nearly zero following the 2008 crisis, the Federal Reserve starting raising rates near the end of 2015 (from 0.25% to 2.5% today). Following the most recent hike […]
Get Ready– they’re coming for your money
Get Ready– they’re coming for your money Every so often throughout history, the peasants grab their pitchforks and come for the elite. It happens when the wealth gap grows too extreme… when people feel like they are getting left behind, with no opportunity to advance. Central banks around the world have printed trillions of dollars […]
It’s official: the Federal Reserve is insolvent
It’s official: the Federal Reserve is insolvent In the year 1157, the Republic of Venice was in the midst of war and in desperate need of funds. It wasn’t the first time in history that a government needed to borrow money to fight a war. But the Venetians came up with an innovative idea: Every […]
Here are all the ways inflation is happening today
Here are all the ways inflation is happening today Something strange happened in the markets last month that signals trouble ahead… When stocks fell from their September highs, you would have expected investors to run for cover in the world’s safe-haven asset – US Treasurys. But that’s not what happened. While stocks were plunging, Treasurys […]
How the government uses its giant facial recognition database
How the government uses its giant facial recognition database In July 1996, flight TWA 800 exploded in mid-air, 12 minutes after taking off from JFK International Airport in New York. All 230 passengers on board were killed. It would be four years before an investigation concluded the likely cause of the explosion was a short […]
The Return of the Inquisition: Do you confess?
The Return of the Inquisition: Do you confess? In 279 BC, the vast army of King Pyrrhus of Epirus was met by Roman forces at the Battle of Asculum in southern Italy, in what would be one of the costliest military engagements of ancient history. Pyrrhus fancied himself the second coming of Alexander the Great […]
Ten years after the crisis… they’re doing the same thing and expecting different results
Ten years after the crisis… they’re doing the same thing and expecting different results “Holy Crap– turn on your TV! This is crazy!” It was Sunday, September 14, 2008. Exactly 10 years ago to the day. My friend Jeff called me and told me to turn on the television—where I saw dozens of people on […]
These people lost one-third of their savings in a single week (not in crypto)
These people lost one-third of their savings in a single week (not in crypto) Let me say up front– I know I’ve been a bit quiet lately. It happens every year around this time when I hold the annual Liberty and Entrepreneurship Camp that I’ve been sponsoring for the past nine years. The event is […]
The latest casualty in the global pension catastrophe is…
The latest casualty in the global pension catastrophe is… In the year 6 AD, the Roman emperor Augustus set up a special trust fund known as the aerarium militare, or military treasury, to fund retirement pensions for Rome’s legionnaires. Now, these military pensions had already existed for several centuries in Rome. But the money to […]
A Hard Rain’s a-Gonna Fall
A Hard Rain’s a-Gonna Fall The prospects for the rest of the year are awful Après moi, le déluge ~ King Louis XV of France A hard rain’s a-gonna fall ~ Bob Dylan (the first) As the Federal Reserve kicked off its second round of quantitative easing in the aftermath of the Great Financial Crisis, hedge fund […]
America’s long-term challenge #3: destruction of the currency
America’s long-term challenge #3: destruction of the currency On April 2, 1792, George Washington signed into law what’s commonly referred to as the Mint and Coinage Act. It was one of the first major pieces of legislation in the young country’s history… and it was an important one, because it formally created the United States […]
The coming boom in gold prices. . .
The coming boom in gold prices. . . In June 1884, a local farmer named Jan Gerritt Bantjes discovered gold on his property in a quiet corner of the South African Republic. Though no one had any idea at the time, Bantjes’ farm was located on a vast geological formation known as the Witwatersrand Basin… […]
