Whether intuitively or analytically, we all know that the dollar is not such a great money. Well, that's putting a bit lightly isn't it? The dollar is a downright terrible money when you take a closer look. Those who have been around a little longer … [Continue reading]
Many Americans are concerned about their privacy today, and with good reason. Current technological advances and the current political environment make privacy an increasingly difficult good to secure. The NSA and governmental authorities maintain … [Continue reading]
Janet Yellen and the US Economy The monetary landscape today looks pretty grim. We are in the middle of the perennial decline in the rate of interest. Central bankers are convinced they can get us all out of this mess. But can they … [Continue reading]
Last week, I published an article on the causes and consequences of negative interest rates. In it, I talked briefly about how negative yields hold significant implications for gold as an asset class. In this follow up article, I will explain why … [Continue reading]
Central Banks are under the mistaken belief that negative interest rates will be the magic kiss which turns their toad economies into prince charmings. Why exactly do they think this? What makes Draghi, Kuroda, and others think imposing … [Continue reading]