currency

Blog

Phonlamai Photo/Shutterstock

The Screaming Fundamentals For Owning Gold

We're at a moment of historic opportunity
Tuesday, December 8, 2015, 11:53 AM

Every year or two we update this report, which lays out the investment thesis for gold. Here is this year's version.

Silver is touched upon only as necessary; as a separate report of equal scope is required for that precious metal.

Gold is one of the few investments that every investor should have in their portfolio. We are now at the dangerous end-game period of a very bold but very reckless & disappointing experiment with the world's fiat (unbacked) currencies. If this experiment fails -- and we observe it's in the process of failing -- gold will provide one of the best forms of wealth insurance. But like all insurance products, it only works if you buy it before you need to rely on it. » Read more

Blog

megainarmy/Shutterstock

How Much Higher Can The U.S. Dollar Go?

And what will the implications be?
Wednesday, November 25, 2015, 12:11 PM

Our first observation is that trends in the USD tend to last for some time, so if this rally follows the pattern of previous rallies, it’s unlikely to have run its course in one year.

Secondly, previous rallies paused for a multi-month consolidation period before launching upward for the second leg of the long-term rally.

Thirdly, the USD rose sharply to previous peaks and then round-tripped back to the 80 level.

This raises the question: How high could the dollar rise in this rally? » Read more

Podcast

Anthony Aneese Totah Jr | Dreamstime.com

Mike Maloney: The Rollercoaster Crash

An updated look on the coming global currency re-set
Sunday, November 22, 2015, 11:53 AM

Precious metals sank to 5-year lows during this past week. The long painful price decline that began at the end of 2011 still continues unabated. Holders of gold & silver are understandably wondering if their faith in precious metals has been misplaced. » Read more

Insider

Esteban De Armas/Shutterstock

Off The Cuff: Look Out Below!

We're on the cusp of major asset deflation
Thursday, September 24, 2015, 4:15 PM

In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:

  • The Periphery Is Collapsing Fast
    • Emerging market currencies are falling hard vs the US dollar
  • China Is Running Off The Rails
    • We're witnessing a bust in progress
  • Europe's Black Swan Has Landed
    • A migrant crisis no one saw coming this quickly
  • The US Is Sliding Back Into Recession
    • The data is bad and getting worse
Blog

Andrey_Popov/Shutterstock

The War On Cash: Officially Sanctioned Theft

How banks & the government are diminishing your savings
Friday, June 12, 2015, 11:07 AM

You’ve probably read that there is a “war on cash” being waged on various fronts around the world. What exactly does a “war on cash” mean?

It means governments are limiting the use of cash and a variety of official-mouthpiece economists are calling for the outright abolition of cash. Authorities are both restricting the amount of cash that can be withdrawn from banks, and limiting what can be purchased with cash.

These limits are broadly called capital controls. » Read more

Blog

Ralf Siemieniec/Shutterstock

The Fatal Flaw Of Centrally-Issued Money

Why the world's current money regimes will fail
Thursday, April 9, 2015, 1:03 PM

Centrally issued money centralizes wealth and generates systemic inequality. This is equally true of all centrally issued currencies.  But the inequity that is intrinsic to this system is politically and financially destabilizing, and so this system is unsustainable. » Read more

Blog

winui/Shutterstock

Time To Toss The Playbook

In uncharted territory, flexibility & open thinking are key
Wednesday, February 25, 2015, 9:07 AM

Just when you thought the world could not spin much faster, global monetary events in 2015 have picked up speed. 

Buckle up. » Read more

Podcast

Peak Prosperity

A New Way to Hold Gold (2015 Update)

Right alongside the bills in your wallet
Saturday, February 21, 2015, 10:09 PM

What if you could carry and exchange gold in the exact same manner as you do with the dollar bills in your wallet?

Last year, we introduced the precious metals community to a company called Valaurum, which has developed a technology that's making this possible.

This week, we check in to see what's new (spoiler alert: Lots), as well as announce the availability of the new 2015 Peak Prosperity aurum note. » Read more

Insider

Off the Cuff: The Buck Stops Nowhere

Market manipulation to torture. Where's the accountability?
Thursday, December 11, 2014, 2:27 PM

In this week's Off the Cuff podcast, Chris and Mish Shedlock discuss:

  • Zig-Zag Markets
    • More evidence the long term trend is reversing
  • When Will Oil Find A Floor?
    • And where will the collateral damage of the current drop be most felt?
  • US Admits To Torture
    • Are we going to hold anyone accountable?
  • Gold Shows A Slight Glitter Again
    • Dare we begin to hope?
Blog

Aperture51/Shutterstock

The Consequences of a Strengthening US Dollar

It actually creates destabilization
Wednesday, November 12, 2014, 10:21 AM

In early September, I made the case for a rising U.S. dollar. Since then the dollar has continued its advance, and is now breaking out of a downtrend stretching back to 2005—and by some accounts, to 1985.

So what does this mean for the global economy? » Read more