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Book Review: Nick Barisheff’s $10,000 Gold

by John Rubino on May 24, 2013 · 1 comment

One of the many scary things about writing an investment book is the six months that elapse between the typing of the last word and the book’s appearance in stores. That’s enough time for your predictions to be proven wrong or – nearly as bad – for your predictions to come true and make the [...]

When Hedge Funds Go Short, Gold Goes Up

Bloomberg is reporting on the rising number of hedge funds shorting gold: Gold Bear Bets Reach Record as Soros Cuts Holdings Hedge-fund managers are making the biggest ever bet against gold as billionaire George Soros sold holdings last quarter and Goldman Sachs Group Inc. predicted more declines after the longest slump in four years. The [...]

15 comments

Velocity of Money and the Crack-Up Boom

Based on both recent history and mainstream economic theory the past few years should not have been possible. When you cut interest rates to near-zero, run deficits of 10% of GDP and buy up every government bond in sight with newly created currency, you get a boom, end of story. That’s just the way capitalism [...]

16 comments

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