Time preference and fiat money

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Today’s economists do not recognise time-preference. For them, economics is about Jevon’s mathematics, state-issued currencies and the exclusion of human interest. They say we have moved on from the household economics of yester-year, and they despise classical stick-in-the-muds. But we can see from their repeated failure to tame human action in order to conform to… Read More

Fun on Friday: You Snooze, You Lose

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June 14, 2019  by Michael Maharrey  0   0 Well, you missed out. You could have been $100,000 richer. But you didn’t plunk down $25 for a map. And you’re probably not in Canada. Too bad. As my dad used to say, “When you snooze, you lose.” But a few people did cash in on a treasure hunt up… Read More

Wall St, Main St. Look For Still-Higher Gold Prices

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Editor’s Note: Get caught up in minuteswith our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! (Kitco News) – Gold hit its highest levels in more than a year on Friday, and Wall Street and Main Street look for the momentum to… Read More

Gold in the Spotlight: SchiffGold Friday Gold Wrap June 14, 2019

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June 14, 2019  by SchiffGold  0   0 Gold has crashed through another key resistance level and is on track for its fourth consecutive weekly gain. What is driving gold into the spotlight? Host Mike Maharrey talks about it in this week’s episode of the Friday Gold Wrap podcast. He also raises an important question – what is all… Read More

Steve Forbes on Gold, Inflation, and Central Bankers

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Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up we have an incredible interview with business icon and two-time presidential candidate Steve Forbes, CEO of Forbes. Mr. Forbes unloads on the Fed and its horrific track record — with accuracy that’s worse than a bunch of monkeys throwing darts at a dart… Read More

Peter Schiff Nailed It! (Video)

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June 4, 2019  by SchiffGold  0   0 Peter Schiff nailed it. Just days before the Federal Reserve met for its December 2018 FOMC meeting, Peter appeared on Fox Business and said we were about to see the last interest rate hike. When Peter made this prediction, virtually nobody thought the Fed was about to end its tightening policy.… Read More

Harmony Gold Employee Killed In Hoisting Shaft

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Editor’s Note: Get caught up in minutes with our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! (Kitco News) – South African miner, Harmony Gold, said an employee was fatally injured in an engineering-related accident Wednesday night at its Nyala hoisting shaft,… Read More