The tenacity with which certain economic fallacies persist is truly remarkable. Take the notion that the euro currency is too strong for certain countries, notably Greece, Spain, Portugal and Italy, causing their exports to be [more…]
Interview with Chris Powell Since the beginning of the pandemic, we’ve seen many crucial and historic developments in the precious metals market. For long-term physical gold investors, who recognized the importance of the precious metal [more…]
The title of Kristian Niemitz’s latest book, “Socialism: The Failed Idea That Never Dies”“Socialism: The Failed Idea That Never Dies”, is easily explained by the current crisis. We are experiencing a re-emergence of a giveaway [more…]
Or have we? In the course of more than four weeks of self/family isolation we have all encountered mountains of speculation on the sources of Covid-19; how it spreads; estimates of its final tally of [more…]
I am writing this in South Africa, where its currency, the rand, provides a useful illustration of the effects of monetary inflation described in Part 1. When I was last here, three years ago, the [more…]
I am typing this in the SAA Business Lounge of Durban airport, awaiting a call to board a flight to Johannesburg, where we are due to take the last flight to London before all international [more…]
We are well into the protest season. The long run-up to the election period has been characterised by one protest after another – no-deal Brexit, climate change, arms sales, Tommy Robinson, police brutality, capitalism, Trump’s [more…]
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