CombiBars - The Future of Gold Trading?

combibar.com

Have you seen the Valcambi CombiBars available in 50 grams for gold? The innovative thing about it is that each gram is separable just like paper or cardboard with perforated edges. And the grams can be removed with ease and no loss of material.

Bond King Bill Gross sees Bond Bubble

PIMCO's Bill Gross, in spite of having made a name for himself in bond trading, bet huge against US Treasuries in 2011. Unfortunately for him, Treasury yields managed to remain low and overall demand remained high, on account of massive bond buying by the US Federal Reserve. Nowadays, Gross is still of the same mind, but with the added knowledge that the Fed is going to continue doing what it's doing. The bond bubble will go on in 2013.

ECB mulls rate cut for 2013

Photo from London Evening Post

There really is no escape from the damage of bad monetary policy, rising deficits and debt, etc. But this won't stop the European Central Bank, the ECB for short, from trying. It is considering a cut in its interest rate for next year, which goes to show that absolutely nothing has been learned since Greece started falling apart several years back.

Higher food prices here to stay

The World Bank, a disease-ridden institution that perpetuates the bubbles that wreak havoc in the world, is admitting that higher food prices are now the norm.

This to me indicates just how far ahead we are in understanding the link between bubble monetary policies, and higher prices.

Banks and Governments: Why You Should Park Your Savings in Gold

This article from Spiegel Online spells it out with no holds barred. The gist is that banks supply governments with the means to continue their spending operations, which often involve raising deficits and debt to unsustainable levels. In turn, governments bail these banks when such operations fail inevitably.

Expect more China inflation, higher gold prices

China has reported a drop in its 'inflation rate,' to 1.7% over the past year. Of course, by 'inflation rate,' China means an increase in its consumer price index, however the heck it fudges the numbers for this. What is ignored is the actual rate of inflation, that is, the rate that money supply increases, which is the better indicator as to how high prices will get.

The Eve of the 2012 US Elections, and the Fate of Gold

In spite of myself, I have been rather excited about the US elections. Not that I think it really matters who wins; it doesn't. But I do like watching friends and the media make a big deal about this sideshow among two guys who think they bring anything different to the table.