Those countries that embrace free trade with new technologies stand to reap great rewards. Those who do not, and revert to trade protectionism, could experience economic recession and monetary adversity accompanied by serious social and financial upheaval.
John Browne
John Browne is the Senior Market Strategist at Euro Pacific Capital.
War on Cash Spreads to India
The war on cash is a sign that central banks may see a dangerously deteriorating situation, one that has led to a feeling of desperation by governments and a wish to control the wealth of citizens.
Geopolitics Trumps Economics in Greece
Despite Greece’s almost complete lack of financial integrity, neither NATO nor the EU can afford the political cost of a Greek exit from the EU.
Greek Problems Born from Socialism
The real issue is whether Greece’s decades-long experiment with failed debt-financed socialism will be allowed to survive much longer.
Greece Dependency Has Created Dangerous Illusions
Once again the crisis in Greece is threatening the unity of the entire euro zone.
Cameron Uses EU Fine to Bolster Support
As recession threatens throughout the Continent, the calls for governments to unleash more socialist-style spending have increased.
Turkey’s Position on ISIL Misunderstood
It is tempting for Western observers to view Turkey’s reluctance to join the fight as a mark of disloyalty to NATO and as a sign that the alliance is mostly about convenience. This view may be too simplistic.
Is Inequality Caused by Capitalism or Statism?
Capitalism creates through freedom; the state destroys via regulation; capitalism gets the blame.
Russia’s Putin Plays for Keeps in Crimea
Putin may see six major geo-political weaknesses in the U.S. position.
Bitcoin Takes on Gold
All that glitters is not gold.
What’s in the Vault?
Many have understandably sensed that central banks may well have acted to allow bullion banks to take out massive naked short positions in precious metals in order to drive down the price.
Understanding Gold Market Dynamics
To an extent that reveals a thorough misunderstanding of the market forces, the financial media has failed to consider the different motivations and beliefs that drive the different types of investors who are active in the gold market. By treating the gold market as...
Germany Under Pressure To Create Money
Currently, central banks around the world are walking in lock step down a dangerous path of money creation. Led by the Federal Reserve and the Bank of Japan, economic policy is driven by the idea that printed money can be the true basis of growth. The result is an...
Gold Recovers Amidst Uncertainty
The selloff in gold that captured the world's attention in mid-April has revealed some truths about how the market trades and the sentiments of many of the investors who have piled into the trade over the past few years. While the correction does highlight a higher...
Cypriot Chaos Assists EU Centralization
Remarks by members of the European Union's elite suggesting that banking deposit seizures may become standard practice appear to have heightened the risk of a European bank run and perhaps even a catastrophic collapse of the euro. Any threat to the euro is a threat to...
Gentlemen, Start Your Presses: The Bernanke Virus Spreads Across the World
The past few months illustrate a serious spread of Bernanke’s policies across the entire developed world.
Singapore A Wise Owl Among Currency Snakes
Currency devaluation is not a winning strategy, especially for a country with a strong balance sheet.
EU Financial Tax Portends Loss of Market Leadership
Although it was barely noticed by the American press, on January 22nd, EU finance ministers approved a new "Financial Transactions Tax" (FTT) that has implications for market competitiveness around the world. The move was conceived as a Franco-German initiative and...
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