Posts Categorized: Jim’s Mailbox

Jim’s Mailbox

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Jim/Bill, A sign of things to come. “I always liked the famous scene in the movie Jaws where the film’s hero, police Chief Brody, finally gets a close-up look at the size of his killer shark nemesis. ‘We’re gonna need a bigger boat,’ he says, incredulous at the size of the monster fish.” These days,… Read more »

Jim’s Mailbox

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Jim/Bill, I guess we know what to expect come November. “While there are certain benefits, it sounds better to have a strong dollar than in actuality it is.” Says Trump. The $ will not “Trump” our President. But gold will “Trump” everything else. CIGA Wolfgang Rech Why the U.S. Strong-Dollar Policy Is Relic of Long-Gone… Read more »

Jim’s Mailbox

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Jim, No bubbles any more – just expensive! By changing terminology you can avoid facing bad news. That potentially can go on forever! CIGA Larry It’s not a housing bubble — it’s just expensivePatrick Clark Home prices have hit record highs in some major U.S. metropolitan areas, and house-flippers are behaving like it’s 2005: It’s… Read more »

Jim’s Mailbox

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Jim, It caught my attention that the article I featured here listed the DB derivatives book at 52 Trillion euros. Then, a new article out on CNBC today (I included a link to it in my blog article above) put the figure at $75 trillion (US dollars). That’s quite a big difference even accounting for… Read more »

Jim’s Mailbox

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Jim/Bill, For the uninformed, the desirability of gold hinges upon the return on investment as compared to bond yields. More clearly, if bonds yield 2% and inflation is reported at 1%, then you are making 1% per year on your money. However, if bonds yield only 1% and inflation is pegged at 2%, then you… Read more »

Jim’s Mailbox

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Hi Jim and Bill, Oklahoma sure gives the GOTS formula meaning in ways we didn’t expect. CIGA TPJ. “If you didn’t think we live in a Police State watch even part of this”

Jim’s Mailbox

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Jim and Bill, I thought you both might be interested in this presentation by the CFA Institute Contemplating the End of Fractional Reserve Banking in Switzerland. Although this initiative seems like a long-term positive, particularly if it spreads to other countries, how can the bankers let this pass unless a majority of the voters truly… Read more »

Jim’s Mailbox

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Dear James/Bill, Could you kindly tell me what the law is when the party (party can be a fund, bank or another country) to whom the gold has been swapped to goes bankrupt? My common sense tells me the person who made the swap will then hold a worthless piece of paper at this point… Read more »