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Whiskey and Gunpowder features articles on gold, oil, currencies, energy, emerging markets, profits and freedom. Archive. Contact Us: Andrew Huszar Sunday, August 3, 2014 Dr.

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Paul Craig Roberts Saturday, August 2, 2014 Andrew Maguire Sunday, July 27, 2014 Art Cashin Saturday, July 26, 2014 Michael Pento Thursday, July 24, 2014 Gerald Celente Sunday, July 20, 2014 MEP Nigel Farage Saturday, July 19, 2014 Eric Sprott Wednesday, July 16, 2014 Bill Fleckenstein Sunday, July 13, 2014 David A. Saturday, July 12, 2014 Dr. Sunday, July 6, 2014 William Kaye Saturday, July 5, 2014 Sunday, June 29, 2014 Saturday, June 28, 2014 John Hathaway Grant Williams Sunday, June 22, 2014 Saturday, June 21, 2014 James Turk Friday, June 20, 2014 Jean-Marie Eveillard Sunday, June 15, 2014 Egon von Greyerz Saturday, June 14, 2014 Thursday, June 12, 2014 Ben Davies Sunday, June 8, 2014 Saturday, June 7, 2014 Thursday, June 5, 2014 Sunday, June 1, 2014 Saturday, May 31, 2014. Mish's Global Economic Trend Analysis. The Automatic Earth. GOLDEN JACKASS.COM - The Golden Jackass Knows Gold, Currencies & Bonds" Welcome to Golden Jackass website -- SUBSCRIBE today for Login access trouble, use Login Finder feature to retrieve passcodes (back to 2004) (recent work) April 7th: on Japanese in a monetary vise, the Petro-Dollar demise in the face of tight Russian & Chinese teamwork, and the dreadful importing of price inflation to the United States after 40 years of its export in the form of USTreasury Bonds April 6th: The Eastern Rebellion against the USDollar has begun in earnest and picks up speed, with a new Russia-Iran $20 oil for products deal, with a Russian central bank Project Double Eagle to create a gold-backed Ruble currency (to complement the Chinese Yuan gold-backed currency), sure to result in a parade of gold-backed currencies (Gulf Dinar, Nordic Euro, Panama Balboa) used to kill off the fatally debased USDollar and toxic USTreasury Bond, during which limp-wristed Obama was rebuffed by the Saudis in "Emerging Dynamics of Petro-Yuan Standard" then finally some miscellaneous tangents (part 1)

GOLDEN JACKASS.COM - The Golden Jackass Knows Gold, Currencies & Bonds"

Blog. Blog Crumbling fundamentals in both the short term & long by Chris Martenson Wednesday, February 26, 2014, 8:21 PM According to the stock markets in the US and in Europe, the world’s economy is not just in good shape, but is in the best shape it’s ever been.

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The S&P 500 hit an intraday new record high of 1858.71 on Feb 24, 2014, and is now 18.6% above the peak it hit in 2007, a moment everybody now recognizes was heavily overvalued. A nearly 19% gain above the prior all time high is an enormous and unusual event. Naked capitalism. Www.acting-man.com. On a long enough timeline the survival rate for everyone drops to zero. Weblog and Essays. Let's Clear Up One Confusion About Bitcoin November 3, 2017 If bitcoin can be converted into fiat currencies at a lower transaction cost than the fiat-to-fiat conversions made by banks and credit card companies, it's a superior means of exchange.

Weblog and Essays

One of the most common comments I hear from bitcoin skeptics goes something like this:Bitcoin isn't real money until I can buy a cup of coffee with it. In other words, bitcoin fails the first of the two core tests of "money": that it is a means of exchange and a store of value. If we can't buy a cup of coffee with bitcoin, it obviously doesn't qualify as a means of exchange.

The confusion here is the same one that plagues the conventional understanding of the foreign exchange markets: people confuse exchange and convertibility, which are both flows, i.e. transactions. Here's an illustration of the difference. Let's say Hipster Coffee Bar accepts payment in bitcoin (BTC) for a cup of coffee. Consider a credit card. What is privilege?