Japan On Track For A Textbook Bust
December 31, 2014 By: Claudio Grass, Contributor from Global Gold Recently, we wrote a paper about the dynamics behind the boom and bust cycles, based on the view of the Austrian School (the Austrian Business Cycle Theory, or ABCT). The key takeaway was that central banks don’t help in smoothing the amplitude of the cycles, […]
2015 Prognosis
December 29, 2015 By: Kelly Diamond, Publisher What a year! This is my last installment for the year 2014. The next time you see my writing, it will be 2015. Without question, the United States has lost its economic luster, but so have parts of the EU and Asia. Yet, there are countries who have […]
What Do Such Low Gas Prices Mean?
December 22, 2014 By: Kelly Diamond, Publisher A couple of weeks ago, I wrote about the Russian Hooker Index, which had to do with the increasing cost of living in Russia. Meanwhile, however, the US is enjoying some very low gas prices. I am NOT complaining about the prices one bit! (Just wanted to be […]
The Tale of Two Bailouts
December 15, 2014 By: Kelly Diamond, Publisher This is the story about two bailout countries in the EU: Spain and Ireland. Their respective bailouts were not structured the same, but they were very close in timing and amounts offered. I don’t want to call this an experiment because it has no real controls. However, we […]
E-Stonia: Wired & Well Ahead of the Curve
December 1, 2014 By: Kelly Diamond, Publisher I wrote about this over 5 months ago (“Portugal: A Glimpse into America’s Future”), but it looks like Estonia is getting their affairs in order quickly to offer their e-Residency to businesses around the world. In contrast to other countries like Portugal, Estonia is taking several creative and […]
Boom And Bust Cycles Are Created By Central Banks
October 17, 2014 This micro-documentary is brought to you by our friend Claudio Grass at Global Gold Inc. A very informative 15 minutes explaining the boom and bust cycles of our economy and how they are the inevitable product of central banking practices. Share with those who you think could use this valuable information! For more […]
How Our Monetary System Works and Fails
October 14, 2014 This micro-documentary is brought to you by our friend Claudio Grass at Global Gold Inc. A very informative 10 minutes explaining what money, fiat currency, and fractional reserve banking are. Share with those who you think could use this valuable information! For more information on precious metal ownership: Claudio Grass, Managing Director Global Gold Inc. Herrengasse […]
Spain Raids Social Security Fund. Is Portugal Next?
August 29,2014 By: Gordon Haave, Managing Director at Agora Trust, Ltd. In my article last week, “Cypriot-Style Bail-in: Be Ready”, I discussed last year’s confiscation of a portion of depositors’ accounts in Cyprus. It hasn’t gotten that bad yet in Spain, but Using Google Translate on the Spanish website El Economista we learn that: “The […]
The American Stigma
August 25, 2014 By: Kelly Diamond, Publisher These are some sad times… some sad and divided times. People are turning on one another over everything from race and religion to socio-economic status. Governments are waging wars against not just foreign governments, but their own citizens resulting in standoffs in suburban streets! And businesses are turning […]
Cypriot-Style Bail-In: Be Ready!
August 22, 2014 By: Gordon Haave, Managing Director of Agora Trust LLC Cyprus recently completed a bank bail-in for its troubled financial system. The terms are as follows: The German government is contributing 13 billion euros to help bail out Cyprus bankers and their Russian clients. What did Cyprus kick in? As part of the […]
