China Passes U.S. … AGAIN!
February 2, 2015 By: Kelly Diamond, Publisher About three and a half months ago, I wrote of China’s economic rise to prominence (China v the U.S. = Strategy v Tragedy). Sadly, the only real claims the U.S. had in its own defense was that China did not overtake the U.S. in RAW GDP, and the […]
The Beauty of Deflation
January 30, 2015 By: Claudio Grass, Managing Director at Global Gold Switzerland The Eurozone has been hovering around a 1% inflation rate, getting closer to zero during 2014, nothing close of the ambitious 2% benchmark set by central banks. Any small downward adjustment in the inflation rate will put it in the negative territory, allowing […]
Free Stuff!
January 26, 2015 By: Kelly Diamond, Publisher Reading some of the recaps of the State of the Union Address from President Obama, I felt like I missed a very benevolent episode of Oprah! I could just picture him pointing at members of the listening audience shouting, “YOU get a free ride through college! YOU get […]
St.Kitts and Nevis Investment Program: Handing Out Money like Candy?
January 23, 2015 By: “Luigi Cameron” Please note: A pseudonym is used to protect the identity of the real author. Let’s explore this question… St. Kitts and Nevis is a small two island country located in the West Indies. This tiny country, recognized for its quiet untouched beaches, lush tropical forests and vibrant culture is […]
The Swiss Surprise
January 19, 2015 By: Kelly Diamond, Publisher So an interesting headline crossed my path the other day: “Swiss National Bank unexpectedly scrapped its three-year policy of capping the Swiss franc against the euro.” The move shocked many in the EU, especially many Swiss exporters. The Swiss Frac soared, while business stocks were sent in the […]
Steen Jakobsen: Things Are About To Take A Different Turn In 2015
January 16, 2015 By: Claudio Grass, Managing Director of Global Gold This article is based on an interview conducted by Claudio Grass, the Managing Director of Global Gold based in Switzerland, with Mr. Steen Jakobsen. Mr. Jakobsen is the Chief Economist and Chief Investment Officer at Saxo Bank, where he has served for a total […]
What Do Record Profits for U.S. Treasury Mean?
January 12, 2015 By: Kelly Diamond, Publisher Well, this week, the news came to me! I usually have to root around the financial corners of the internet to find something to write about, but this one just dropped in my lap. I was scrolling through Facebook, and this one self-proclaimed liberal Democrat posts this article […]
Money, Gold, Liberty In 2015 And Beyond
January 9, 2015 By: Claudio Grass, Global Gold 2014 was quite an eventful year for global markets: Janet Yellen became the new Chairman of the Federal Reserve; we were on the brink of war in Crimea, and Germany won its fourth world cup title. Many countries around the world held elections, the Scotts and the […]
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, […]
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 […]