| Nov 11, 2011
Sunday, January 29, 2012
Doug Casey talks to James Turk
I have posted this interview before, but if you missed it Doug Casey's thoughts are a very deep and wide ranging, and a excellent primer for what awaits us over the next few years.
| Nov 11, 2011
| Nov 11, 2011
Juan Ramón Rallo and Alasdair Macleod talk about the Spanish economy, gold and silver
GoldMoneyNews on Jan 23, 2012
In this video Juan Ramón Rallo, economist and university professor in Madrid, and Alasdair Macleod of the GoldMoney Foundation talk about the Spanish economy, gold and silver.
News Analysis reviews the American Awakening
PressTVGlobalNews on Jan 28, 2012
This edition of News Analysis reviews the American Awakening and the US protests.
David Frost interviews Mohamed El Erian
Top interview with Mohamed El Erian (PIMCO CEO), unfortunately it is followed by a poor interview with a US political hack, but that is what the pause button is for.
AlJazeeraEnglish on Jan 28, 2012
John Embry - Gold, China and Quantitative easing to infinity
Sprott Asset Management's John Embry believes that the prospect of global "Weimar situation" is very real and bullish for gold. Listen to him discuss this with Geoff Candy here
The Silver Singularity Is Near
By Mike Scully from SeekingAlpha
Price, as they say, is determined on the margins. This is especially true for inelastic goods. If 100 Tickle Me Elmo dolls exist in Walmart on Christmas eve, and 100 people absolutely need to have them, you don't have a problem. The price will be some reasonable markup on the cost of production. However, if one more person walks in fearing the wrath of his child if there's no Elmo under the tree, Walmart ( WMT ) can quickly turn into a war zone. In Walmart, this supply shortage might be settled by shoving and hair pulling. In a civilized market, this supply, demand inequity is settled with price. In the case of Elmo in 1996, some dolls were reportedly sold in aftermarkets for $1500.
This is an important concept to keep in mind when evaluating the silver market. Silver is interesting because it is actually two different markets. On one hand, silver is a physical commodity that is used in industry or warehoused as physical savings. This market is rather inelastic on the supply and demand side as I will discuss in a bit. On the other hand is the silver derivatives market, paper contracts for silver, that set the spot price on the margins. The paper market is elastic and depends more on investor psychology than underlying fundamentals.
Read more: http://community.nasdaq.com/News/2012-01/the-silver-singularity-is-near.aspx?storyid=117209#ixzz1knqtOcEn
Price, as they say, is determined on the margins. This is especially true for inelastic goods. If 100 Tickle Me Elmo dolls exist in Walmart on Christmas eve, and 100 people absolutely need to have them, you don't have a problem. The price will be some reasonable markup on the cost of production. However, if one more person walks in fearing the wrath of his child if there's no Elmo under the tree, Walmart ( WMT ) can quickly turn into a war zone. In Walmart, this supply shortage might be settled by shoving and hair pulling. In a civilized market, this supply, demand inequity is settled with price. In the case of Elmo in 1996, some dolls were reportedly sold in aftermarkets for $1500.
This is an important concept to keep in mind when evaluating the silver market. Silver is interesting because it is actually two different markets. On one hand, silver is a physical commodity that is used in industry or warehoused as physical savings. This market is rather inelastic on the supply and demand side as I will discuss in a bit. On the other hand is the silver derivatives market, paper contracts for silver, that set the spot price on the margins. The paper market is elastic and depends more on investor psychology than underlying fundamentals.
Read more: http://community.nasdaq.com/News/2012-01/the-silver-singularity-is-near.aspx?storyid=117209#ixzz1knqtOcEn
Keiser Report: State Of The Banana
RussiaToday on Jan 28, 2012
In this episode, Max Keiser and co-host, Stacy Herbert, discuss the State of the Banana Republic, the blowout at Apple with its profits 'trapped' overseas and the gloomy State of the Stiff Upper Lip as UK family debts soar by nearly 50%. And, finally, Max and Stacy examine a proposal that bankers, like Goldman Sachs' Lloyd Blankfein and JP Morgan's Jamie Dimon, should compete like strippers on the open job market.
In this episode, Max Keiser and co-host, Stacy Herbert, discuss the State of the Banana Republic, the blowout at Apple with its profits 'trapped' overseas and the gloomy State of the Stiff Upper Lip as UK family debts soar by nearly 50%. And, finally, Max and Stacy examine a proposal that bankers, like Goldman Sachs' Lloyd Blankfein and JP Morgan's Jamie Dimon, should compete like strippers on the open job market.
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