Tag Archives: Debt crisis

Warren Buffet and the New Calculus of Gold

WARREN_BUFFET

There has long been a disconnect between gold and institutional investors. The instincts of these managers of large sums are typically tied to the generation of cash flows to feed the monster — that is, the institution’s cash flow needs. … Continue reading

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Financial Repression: The Unintended Consequences of Saving the Sovereign

uninteded_consequences

What’s new has often been lived before, but sometimes it’s not pretty. Presumably that’s what Clarence Darrow meant when he said, “History repeats itself, and that’s one of the things that’s wrong with history.” It is becoming increasingly clear that … Continue reading

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