The US Government Debt Crisis
This article explains why the US Government is ensnared in a debt trap from which there is no escape. Its finances are spiralling out of con...
Goldmoney Insights
GDP-B doesn’t cut it either
GDP is hyped-up to be an all-important measure of economic activity. It does not measure economic activity, instead recording meaningless mo...
EU monetary and economic failures
Introduction and summary The monetary, financial and political weaknesses of the EU are about to be exposed by the forthcoming global credi...
The dollar – King Rat of failing currencies
The explanation for the sudden halt in global economic growth is found in the coincidence of peak credit combining with trade protectionism....
FMQ Update
The fiat money quantity is comprised of fiat money both in circulation and available for circulation, being parked at the central bank in th...
Currencies threatened by a credit crisis
In this article I draw attention to the similarities between the current economic situation and that of 1929, and the threat to today’s un...
Ten Factors To Look For In Gold In 2019
The following is a list of the ten most important factors likely to affect gold in 2019. I have grouped them under two broad headings, econo...
Trump’s trade tantrum triggers slump
Abstract For decades, Western governments have been pursuing a policy of transferring wealth from the public to themselves, their licensed...
Crypto Credibility
Last Monday, there was a striking headline in the Daily Telegraph: “Russia looks to bitcoin to soften effects of US Sanctions”. The imme...
The Arrival Of The Credit Crisis
Those of us who closely follow the credit cycle should not be surprised by the current slide in equity markets. It was going to happen anywa...