By Euro Pacific Capital Research 2011 began as a year with much promise for investors. After losing nearly 40% in 2008, the S&P 500 gained nearly 20% in 2009 and 13% in…
Tag: Financial Commentary
Merk Commentary: Perils of Celebrity Central Banking
Axel Merk, Portfolio Manager, Merk Funds January 6, 2012 Axel Merk January 6, 2012 Swiss National Bank (SNB) President Philipp Hildebrand finds himself in the hot seat. SNB rules prohibit his family…
He Chose Well
By: Paul Tustain David Cameron was today forced in Brussels to choose between the free market and the vanities of overreaching politicians… TODAY is a very sad day. We believe that the…
The Catfish, Your Savings & Japan’s Gold Coin Giveaway
Don’t be greedy, or a giant catfish might force you to spew out your savings… UNLIKE us – who are so smart today – ancient folk in ancient times used to believe…
The Great Western Crackup
By Peter Schiff, CEO of Euro Pacific Precious Metals From World War II until very recently, the West – specifically Europe and the United States – was on a course for greater…
Gift Wrapped Liquidity
Is the ECB about to give Europe’s governments and banks the biggest Christmas present of their lives…? WITH CHRISTMAS a little over three weeks away, the European Central Bank may be about…
Where Would We Be Without Rules?
“Where would be if we didn’t have rules?” “FRANCE!” “And where would we be if we had too many rules?” “GERMANY!” – UK comedian Al Murray, the (very British) Pub Landlord “The…
Gold Jumps after Central Banks Launch “Prudent” Liquidity Measures, S&P Downgrades “Leave Banks Facing Short-term Funding Concerns”
London Gold Market Report U.S.DOLLAR gold bullion prices leapt 1.7% in 30 minutes Wednesday lunchtime in London – hitting $1744 an ounce – following an announcement of coordinated action from central banks worldwide…
The Money Crisis’ First Blush
“I cannot think of anything which would more surely lead to a danger of all-round deflation than the collapse of international monetary confidence.” – Roy Jenkins, then British chancellor, debate on the…
Italy: One Step Closer to the Endgame
By: Ben Traynor, BullionVault Is there an alternative to monetizing Italy’s debt…? SO THE Italian government today asked the International Monetary Fund to monitor its reform program. It may or may not…