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25 Dec 2022 1 minute read 3 comments trumpman
A few days ago we met a sexy skinny eagle and a sexy chubby one ! Now it's time for another sexy beauty, once again from Germany. And once again a 5 Deutsche Mark, this time from 1973. Let's check it out: Definitely the sexiest one of the three...
20 Dec 2022 4 minute read 0 comments SweptOverNiagara
While most central banks have been aggressively hiking rates since last spring, one of the few holdouts leaving rates unchanged has been the Bank of Japan. It was only a couple of months ago, right before the whole FTX mess blew up, that the Yen crat...
15 Dec 2022 2 minute read 1 comment trumpman
Last time we saw a fine chubby silver specimen, time for a skinny one! Once again it is a 5 Deutsche Mark, only this from 1971. A pretty minimalistic coin so far, featuring a sexy slim eagle, the denomination below and the minting date on the front....
14 Dec 2022 2 minute read 0 comments SweptOverNiagara
As was widely expected, the Federal Reserve has announced this afternoon it will be raising interest rates by 50 basis. This is the 6th increase this year but instead of 75 basis point increases, we got the 'soft pivot' the financial world has been t...
13 Dec 2022 4 minute read 0 comments SweptOverNiagara
Zero Hedge reports on the CPI (Consumer Price Index) data that was released this morning. While the consensus was for a 0.3% increase month over month, it came in at just 0.1%. Since this is the final CPI report of the year, the consensus for a year...
11 Dec 2022 6 minute read 0 comments SweptOverNiagara
It should be clear to everyone by now that we are living in an inflationary environment. Western central banks have started raising interest rates in earnest in an effort to quell inflation. The Bank of Canada just raised by half a percentage point e...
8 Dec 2022 3 minute read 6 comments SweptOverNiagara
Gold can be purchased for just $57.49 USD per gram, at time of writing. In most other currencies (except the Swiss Frank), the price per gram or ounce has skyrocketed. It will cost over $78 in Canadian dollars, $85 in Australian dollars, $448 Hong Ko...
3 Dec 2022 2 minute read 2 comments SweptOverNiagara
On Thursday, gold broke through its 50, 100 and 200 day moving averages, breaching the $1,800 mark and skirting there for the next 24 hours until closing last night for the weekend, having fallen just below the mark to close at $1797. Opening the we...
2 Dec 2022 3 minute read 2 comments SweptOverNiagara
With inflation soaring to at least 8% in 2022, depending on who you believe, is it feasible to keep your cash stored in a bank account earning 4% or less? John Williams of ShadowStats.com makes it clear inflation is much higher by about 50%, bringing...
28 Nov 2022 2 minute read 0 comments SweptOverNiagara
We're off to a wild start and it's only Monday. Protests have erupted across China over the weekend that could cause even more disruption to the global supply chain. We're talking more than a billion people here. Could be historic. In Austria, a nati...
