The gold trick

Now that the U.S. debt ceiling season is upon us again, I’ve been wondering if the U.S.’s official gold price is going to finally be revalued from $42.22. Why so?…

Money as layers

Source Whenever I try to come up with a metaphor for the monetary and banking system I think about the 2010 film Inception, one of my favorite films. After falling…

Dutch 10 guilder note. Holland and Lebanon are the only countries to have issued banknotes with bar codes. One of the interesting things that we’ve all learnt about Bitcoin is…

Imagine waking up in the morning and checking the hockey scores, news, the weather, and how much the central bank has adjusted the gold content of the dollar overnight. This…

The FT makes a hullabaloo out of Greece using special drawing rights (SDR) to pay the IMF earlier this week, referring to the step as “unusual.” Zero Hedge predictably grabs the…

If you’ve been reading Bill Gross’s last few letters, you’ll know that he’s been a bit grumpy of late. It’s that dang new trend that has hit bond markets, negative…

While I may have taken some jabs at the gold bugs in two recent posts, please don’t take that to mean that I have it in for the metal itself.…

This blog wouldn’t be around if it wasn’t for gold bugs. Many moons ago my former-employer (and friend), the truest gold bug you’d ever meet, would lecture everyone in the…