To Westerners, China has always been a mystery. The huge population of very smart, hard-working people. The succession of unfamiliar, authoritarian governments. The sense that
Bitcoin holders — especially those who bought in during the crypto-currency’s recent surge past $1,000 — are a bit shell-shocked this week: Bitcoin prices plunge
A growing number of Americans seem to have concluded that elections offer no real choice, that whoever wins is going to spend and borrow more
Let’s say you’ve got some traditional mutual funds full of stocks and bonds and they’re way up. You’re worried by all the taper talk and
Just a quick Thanksgiving morning update on China’s gold imports, which continued at extraordinary levels in October. To put the 131 tonnes in perspective: Until
Late in the life of every financial bubble, when things have gotten so out of hand that the old ways of judging value or ethics
For a while there it looked like Europe was beginning to dig itself out of the pit into which it had fallen after the 2008
The Indian government has restricted the importation of gold. So Indians have switched to silver: Starved of gold, Indians may import record volumes of silver(Reuters)
If history could talk, the first thing it would say is, “Enjoy the tranquil stretches because they’re always temporary.” The past few years were, in
It’s safe to say that as this is written at noon EST on Monday the 24th, every economic policymaker in this hemisphere (and a lot
For a while there it looked like Japan had the answer. A strong new leader comes in and cuts through all the indecision, orders the
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
One of the lessons that gold bugs are learning, in the most painful way possible, is that you can’t trade a manipulated market. When big
It’s easy to understand the attraction of things like adjustable-rate mortgages and teaser-rate credit cards. They give you cheap money up front and a few
Marc Faber of the Gloom Boom Doom Report was interviewed by Bloomberg on Friday, and of course topic number one was the brutal takedown of
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