Gold Stocks Got You Down? This History Lesson Will Pick You Up…

By Kevin Brekke, Casey Research

If you own any, it might seem that gold stocks have been underwater for a long time, and that the bull market is over.

Yet, the chart below tells me that likely as not, those with the courage to buy when others panic will be the big winners in gold.

It shows that those who bought gold stocks in '74-'75 when everyone else was buying eventually made money…. but those who bought when others were selling in '76 went on to make a killing. Continue reading "Gold Stocks Got You Down? This History Lesson Will Pick You Up…"

Why the Dam is Finally Breaking on the US Dollar

Maybe Iran wants a bomb. Maybe not.

But blocking it out of the SWIFT system, in other words cutting it off from using the US dollar for its oil trades (among other things) because we suspect it does, simply meant that countries that still want to trade with Iran and which are not beholden to our political whim, have found ways of doing business without a dollar in sight.

That was a reckless decision at best. It opens the door to alternatives... alternatives that Russia, China and India – all major dollar holders – may just like better. Continue reading "Why the Dam is Finally Breaking on the US Dollar"

Big Changes Ahead: Gold Just Became Money Again

By Doug Hornig, Casey Research

On June 18, the Federal Reserve and FDIC circulated a letter to banks that proposes to harmonize US regulatory capital rules with Basel III.

BASEL III is an accord that tells a bank how much capital it must hold to safeguard its solvency and overall economic stability.

It's a global standard on bank capital adequacy, stress testing, and market liquidity risk.

Here's the important bit: Continue reading "Big Changes Ahead: Gold Just Became Money Again"

Will Bernanke Save the Equity Markets?

By Vedran Vuk, Casey Research

How far is the Fed from reaching the bottom of its ammunition box?

Well, both Mario Draghi and Ben Bernanke said no to yet more monetary stimulus last week.

Wall Street unsurprisingly was disappointed.

Wall Street expected more stimulus, as institutional investors are analyzing monetary policy from their own perspective rather than the central bank's viewpoint – understandable, but a big mistake. Continue reading "Will Bernanke Save the Equity Markets?"

What Does Liberty Really Mean to You?

By David Galland, Casey Research

For some time now – years actually – I have pondered the nature of liberty. Or more specifically, what liberty actually means to me. And to be extra clear, I am not talking about the meaning in abstract or philosophical terms, but tangibly – in much the same way I might answer if asked what my wife means to me.

The trigger for this entirely personal discourse comes from reading various articles and viewing various YouTube videos and speeches from self-styled champions of liberty (COL). There is even an entire conference, Mark Skousen's FreedomFest, dedicated to the topic. Continue reading "What Does Liberty Really Mean to You?"