The anti-dumping case has emerged as a test of whether the EU can maintain a unified trade policy.
Economic Analysis
Economic and financial commentary by Truman Factor's staff and syndicated columnists.
The Biggest Loser Wins
A currency war is different from any other kind of conventional war in that the object is to kill oneself.
The Dollar is Going Up
Right now, everyone is on the same side of the trade: long equities. This is dangerous…
The ECB is “frustrated” and conventional
The ECB cannot do the governments’ jobs.
Volume Triage
We think Tim Geithner (with Bill Dudley as an alternative) will take over the Fed when Ben Bernanke steps down next January, and it seems by all indications that the table is already being set.
The Last Contango Basis Report 21 Apr, 2013
Did the price of paper gold (futures) divorce from the price of physical gold?
Gold in the Crosshairs
When the reign of “king dollar” finally comes to a belated end, let’s hope all the gold we allegedly have stored in Fort Knox is actually there.
The Stockman Backlash
Stockman’s NYT piece offers a litany of objectively dismal facts and cogent explanations of how we got here.
Gold, Redeemability, Bitcoin, and Backwardation
Is Bitcoin money? In brief, no it’s an irredeemable currency.
Financial Transaction Tax: Counterproductive
At a time when the cost and availability of capital in the EU is sometimes problematic, the FTT would raise it for households, firms and even states.
Lest we forget: The neglected roots of Europe’s slide to authoritarianism
A multitude of evils can hide behind the ideological veil of top-down European integration.
Government Debt and Deficits Are Not the Problem. Private Debt Is.
The antidote should be more government spending and larger deficits – as well as debt forgiveness.
The Fed’s Exit
The magnitude of the systemic leverage problem will be met with equal inflationary force.
Gentlemen, Start Your Presses
The age of truly easy money may be just getting started.
The 10 Minute Gold Standard
The world is rushing towards mass insolvency. If we don’t change course, we face certain devastation.
Singapore A Wise Owl Among Currency Snakes
Singapore is showing the world that Keynesian stimulus and devaluation is not the true route to economic salvation.
Reformist drive in periphery on the rise
Experience shows that it is sometimes a long way from the passage of reform legislation to the actual impact on the economy and its institutions.
The Curious Case of Falling Gold and Silver Prices
The curious thing is that the price fell while open interest in futures rose, which is not typical of how the market has actually been behaving in recent years.
The Unadulterated Gold Standard Part V (Real Bills)
The unadulterated gold standard is a free market in money, credit, interest, and discount based on the right of the people to hold and use gold coins, and which includes Real Bills and bonds.
The Pound Gets Pounded
The travails of the pound is far more instructive to those pondering the fate of the U.S. currency.
