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By Alasdair Macleod |
April 22, 2013
For a long time governments have been redistributing peoples’ income and wealth in the name of fairness. They provide for the unemployed, the sick, and the elderly. The state provides. You can depend on the state. The result is nearly everyone in all advanced countries now depend on the state.
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By Alasdair Macleod |
March 18, 2013
Many of us are aware of Professor Laurence Kotlikoff of Boston University’s calculation that the net present value of the U.S. government’s future liabilities rose by $11 trillion in fiscal 2012 to $222 trillion.
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By Jon Nadler |
July 9, 2012
The new trading week got off to a relatively muted but also somewhat weak start in the precious metals’ complex. Spot gold climbed $3.70 to open at $1,586 per ounce and silver commenced the trading day at $27.24 the ounce with a 14-cent advance.
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By Nick Barisheff |
May 12, 2011
While precious metals prices were soaring, the debt-saturated global economy continued to struggle. Record government spending pushed government deficits ever higher, and a massive bailout was needed.
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By John Doody |
April 20, 2011
It's amazing how the mainstream financial media continues to preach to investors that gold is in a bubble. As if by virtue of having been a great performer over the past decade, gold must be doomed to failure.
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By Nick Barisheff |
January 7, 2011
As confidence in global currencies wanes, the world's appetite for gold will increase.
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By Jordan Roy-Byrne, CMT |
December 23, 2010
The crux of the biased series is how gold ETFs are responsible for gold's rise and contributing to a bubble. It is insinuated that because the ETFs are easily tradeable, a torrent of sell orders would cause Gold could to fall sharply, ala 1980.