Since I am known as something of a gold bug, a lot of people write to me about gold, but since I am a paranoid lunatic, I don’t read their letters, mostly because I now call myself Marvelous Macho Grande (MMG), figuring that an established alias could potentially come in handy when the prices of gold, silver and oil…
September 2nd, 2010 | Mogambo Guru | 3 comments | ContinuedAll Posts Tagged With: "silver"
Golden Shell Games
That’s right, gold. You know, the ultimate money. Or Gold: The Once and Future Money, as our friend Nathan Lewis titled his 2007 book, for which we were privileged to write the foreword. Hey, Wall Street can take a $250 million sewer project in Alabama and turn it into an insurmountable debt 20 times as big.So it can find a way to pervert the Midas metal, too.
July 23rd, 2010 | Addison Wiggin | 0 comments | Continued
Silver – A Brief History of De-monetisation
But throughout history, gold has not been the only monetary metal. Silver has always played a role alongside gold. In fact, up until the beginning of the 20th Century, more people used silver as money than they did gold. You wouldn’t know it though, would you?
June 29th, 2010 | Greg Canavan | 4 comments | Continued
Metals Manipulation, Machinations, and Assassinations
Every now and again, something comes up that is so curious it just needs to be mentioned, regardless of how paranoid it makes us look. The emerging scandal over manipulation of the silver market is one of those things. Some have said it is the largest fraud in history.
April 16th, 2010 | Nickolai Hubble | 29 comments | Continued
Is Your Money What You Think It Is?
The paper we use today is a medium of exchange – it got that way because governments made it illegal not to accept it – but it’s not a good store of value.
March 19th, 2010 | Doug Casey | 2 comments | Continued
ABARE Explains How Much Australia Can Make from Selling Silver, Iron Ore and Coal
The main conclusion was that Australia would see rising export earnings on higher volumes but moderating commodity prices. In other words, the China boom will drive export volumes for the next five years. But you won’t see any more mammoth increases in commodity prices.
March 3rd, 2010 | Dan Denning | 2 comments | Continued
Of Soybeans and Silver
Silver jumped out of the gate to begin 2010 with a flying start. It climbed a remarkable 9.7% in this year’s first week of trading to end the week at $18.45.
January 14th, 2010 | Chris Mayer | 1 comment | Continued
Investors to Speculate on Gold Instead?
What does this tell you? Well, the rational answer is that bullion or gold and silver coins are assets without counterparty risk. True, the value of gold and silver coins fluctuates with metals prices and liquidity. But your payment does not depend on someone else’s credit quality. Your payment is in your pocket.
December 3rd, 2009 | Dan Denning | 13 comments | Continued
Buying Before Main Street Catches Gold Fever Only Way to Play Trend
First, let’s look at gold. If we added up all the gold ever mined on the planet, its total value would equal no more than $5 trillion at today’s prices.
November 26th, 2009 | Jeff Clark | 2 comments | Continued
More Quantitative Easing by Fed has Markets Spooked About Inflation
Bullard said, that, “If the economy came in very weak, let’s say, in 2010, weaker than expected, we would have the option of doing further quantitative easing.” The Fed would do this through additional asset purchases, presumably with more, uh, “money” it created.
November 24th, 2009 | Dan Denning | 43 comments | Continued
Daily Reckoning Reader Mail…
I am an Aussie battler with very little schooling in economics.
Thank you for an alternate view on financial investments. Following the free advice presented on your site over the last 18 months I am reaping the benefits.
October 26th, 2009 | Dan Denning | 5 comments | Continued
Bullish On Silver
Well, maybe not all buying is drying up, as silver market analyst, Ted Butler, reports that in the last 10 months, “some 150 million ounces of silver can easily be documented to have been bought by investors.
October 6th, 2009 | Mogambo Guru | 2 comments | Continued
Inflation is Our Future
On one hand, the deflationists are claiming that given the extremely high debt levels in the West, further inflation is impossible.
September 30th, 2009 | Puru Saxena | 4 comments | Continued
An Abundance of New Money that Will Destroy the Dollar’s Buying Power
The importance is dependent on your perspective. Those people who are not borrowing money to spend are thus suffering the pangs of a lowering of their lifestyle, which depended on borrowing money to spend;
September 29th, 2009 | Mogambo Guru | 1 comment | Continued
Silver and its Large Short Position
So I was very interested when Ed Steer’s Gold and Silver Daily reports says that the commodity futures market report shows that bullion banks’ “silver net short position now stands at 213.6 million ounces…
September 22nd, 2009 | Mogambo Guru | 42 comments | Continued

