Rapid Trends - Gold and Silver Bullion

Aloha

Alex Stanczk — Fri, 03 Jul 2009 17:15:13 +0000

Honolulu, Hawaii, July 3rd 2009AD Blog entries may be a bit sparse for the next few weeks. We are currently in Hawaii visiting some relatives and taking a much needed holiday. Just a few economic observations here and collecting data from locals: Walking around downtown Waikiki, it is not evident that there is any economic problem at all…hotels [...]

Lawmakers Attack Fed For Being Too Secretive

Alex Stanczk — Sat, 27 Jun 2009 21:13:11 +0000

Alex’s Notes: Found this article rather interesting, because it seems like Congress is starting to ask some pretty important questions about what exactly the Fed is doing in its sekret unknowable balance sheets. A quote from Bernanke: “My concern about the legislation is that the GAO is auditing not only the operational aspects of our programs and [...]

Some examples of inflation from Jim Sinclair (and Wikipedia)

Alex Stanczk — Sat, 27 Jun 2009 20:10:57 +0000

Classic examples of Inflation: (From Wikipedia) Angola Angola went through its worst inflation from 1991 to 1995 Austria Between 1921 and 1922, inflation in Austria reached 134% Belarus Belarus went through steady inflation from 1994 to 2002. Bolivia Bolivia went through its worst inflation between 1984 and 1986. Bosnia-Herzegovina Bosnia-Hezegovina went through its worst inflation in 1993 Brazil From 1986 to 1994, the base currency unit was [...]

Transfer of Wealth

Alex Stanczk — Sat, 27 Jun 2009 20:06:16 +0000

Alex’s Notes: This short paragraph is a homerun: It is interesting to note that only 160,000 tons of gold has ever been mined from the face of this planet and at US$950 per ounce, it is worth US$4.9 trillion. Now, consider that the total amount of paper money in circulation (currencies, savings, deposits, money-markets and CDs) [...]

China Reiterates Call for New World Reserve Currency

Alex Stanczk — Sat, 27 Jun 2009 14:49:30 +0000

By Bloomberg News June 26 (Bloomberg) — China’s central bank renewed its call for a new global currency and said the International Monetary Fund should manage more of members’ foreign-exchange reserves, triggering a decline in the U.S. dollar. “To avoid the inherent deficiencies of using sovereign currencies for reserves, there’s a need to create an international reserve [...]

Fed Shielded Facts Of Merrill Sale, Republicans Say

Alex Stanczk — Sat, 27 Jun 2009 14:47:14 +0000

Bernanke to Testify Before House Panel Rep. Darrell Issa (R-Calif.) says the Fed “hid concerns and pertinent details regarding the merger.” (By Katherine Frey — The Washington Post) By Zachary A. Goldfarb Washington Post Staff Writer The Federal Reserve tried to keep other federal regulators out of the loop while pushing Bank of America to follow through on its [...]

Investors are finally seeing the nonsense in the efficient market theory

Alex Stanczk — Mon, 22 Jun 2009 19:59:19 +0000

Great Article… This is brilliant: The best response I’ve heard to the efficient markets theory that has dominated thinking about investment for 30 years or more is a joke. Two men walking down a street spot a £20 note on the pavement. One, an economics professor, says to the other: “don’t bother to pick it up – [...]

China finds the backdoor…how to unload $2 Trillion in Treasuries without tanking value

Alex Stanczk — Fri, 19 Jun 2009 17:19:51 +0000

Alex’s Notes: Brilliant article by Jim Willie CB of the Golden Jackass. I am going to highlight really key points in blue. This is like a giant game of chess…and China holds all the pieces basically toying with the US prior to checkmate. I can see the steps China is taking having a huge impact on commodity [...]

Germans flock to gold bars vending machine at Frankfurt airport

Alex Stanczk — Fri, 19 Jun 2009 14:36:19 +0000

Germany has devised the ultimate in credit crunch vending machines: Gold to Go. After inserting your euros in the slot there is a familiar whirring noise as if the machine is readying itself to spit out a can of lemonade or a bar of chocolate. Instead there is a satisfying clunk as a prettily wrapped bar [...]

US asks to participate as an observer in world economic talks…and is told no

Alex Stanczk — Thu, 18 Jun 2009 15:29:21 +0000

Alex’s Notes: These are very telling times. You wont see these kinds of news stories on CNBC or the mainstream money honey media. The author says that the worlds governments observe Americas biggest problem is that it makes too little and spends to much. While technically correct, this kind of thinking of course is simply observing [...]