The Hard Way

Turd’s famous “TEOTGKE” hypothesis is that the great seventy-year Keynesian experiment subverting free markets and the law of supply and demand through easy money creation and central bank control of the economy is grinding to an ugly and inevitable end.  I find it interesting that core parts of this idea, and indeed many of the central ideas that have animated the PM community for quite some time, are now leaking out into the wider consciousness in ways that are increasingly visible.

JB and SFC Discuss Ukraine Crisis

As you might imagine, I haven't had a chance yet to listen to last evening's program. As you might also imagine, given how consistently informative these weekly discussions have been, I have no problem posting it "sound unheard".

New York City: Nostalgia to Modern Economic Realities

It just so happens that the Fox Hole California Lawyer climbed out of had  more surprises. Turd asked me to provide an update on some of the economic/political realities that New York City faces at this time. But if you haven't already, please go and read California Lawyers wonderful entry before you dig in here. But the first order of business.  From New York City it's: 

Information Asymmetry

Well lookey there!  The lawyer pops up from the foxhole!

Recess is over.  Time to get back to analysis.

Let us start with a most simple observation, and apply it to the many, important, global events unfolding seemingly every day.  The concept is not radical.  It is just the way things are, based on the fact that we are imperfect human beings.  So let's look at it, intelligently, and use it to our advantage.

Searching For Support

With the volatility that will surround the Fedlines later this week, I thought it best to review support levels for both gold and silver.

TFMR Podcast - Saturday, March 14

After some technical difficulties yesterday, I've finally gotten this podcast recorded...and it's a good one, too. Please be sure to listen before Monday in preparation for next week.

Making The LBMA Obsolete

We all know that the current, LBMA system is broken, arcane and in need of modernization. Into this void steps a company called Bullion Capital with a new, wholesale metals exchange designed to rival and, ultimately, circumvent the LBMA. In this interview, the CEO of Bullion Capital, Tom Coughlin, addresses how this new exchange will operate and why it has the potential to be such a game-changer.

<Please note that this is a freely-available, public post.>

Euro Madness

After a sharp bounce yesterday, the euro is back in the toilet today and once again flirting with the key 1.05 level. This places the POSX very near 100 and puts extreme pressure back onto crude. So far, the metals have held steady. So far...

A2A with David Morgan

Earlier today, our weekly webinar hosted silver expert David Morgan. This call was tremendous and, if you own the metals or the miners, it is a must listen.

Taking A Breather

After tapping par overnight, The POSX found the psychological resistance of 100 a bit too much and has pulled back some this morning. This has allowed the yen and euro to relax a little and the metals are breathing a bit easier today, too.

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