Archive | economics

Inflation Appears to Be Returning

By Jeannine Aversa, Associated Press Writer WASHINGTON – Inflation appears to be stirring from its hibernation. Consumer prices are advancing in the first four months of this year at a pace twice as fast as the increase for all of 2003. That in turn is increasing chances that the Federal Reserve will boost interest rates […]

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The Threat of Rising Interest Rates

By: Gary North, Mises on Money Gold is down. Stocks are down. Bonds are down. What’s going on here? Worries about interest rates are blamed by most commentators. But why should worries over interest rates push all three markets lower? These markets are usually thought to move independently or even conversely to each other. What […]

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Banker rejects inflation analysis

By Andrew Balls in Washington Anthony Santomero, the president of the Federal Reserve Bank of Philadelphia, yesterday rejected warnings that rising commodity prices were a significant threat to US inflation, while inflation expectations in the US remained controlled. “For commodity prices to increase the rate of inflation on asustained basis, they would have to rise […]

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Commodities’ surge raises prospect of bull market

By Elizabeth Wine in New York As commodities continue to surge, with the price of oil hitting a fresh 13-year high last week and metals still near long-term peaks, many investors are beginning to believe the asset class is in the early stages of an enduring bull market. That means large blocks of money are […]

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The Case for a Genuine Gold Dollar

For nearly a half-century the United States and the rest of the world have experienced an unprecedented continuous and severe inflation. It has dawned on an increasing number of economists that the fact that over the same half-century the world has been on an equally unprecedented fiat paper standard is no mere coincidence. Never have […]

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Brazil Exports Drop in April on Strike, Commodities

May 3 (Bloomberg) — Brazilian exports fell in April as prices for the country’s commodities such as aluminum and iron dropped and a work slowdown by port inspectors held up shipments from South America’s largest economy. Exports dropped 17 percent from March to $6.59 billion, cutting the trade surplus to $1.96 billion, a government report […]

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The Power of Uncertainty & Fear

By: Dr. Richard Appel, Financial Insights Gold, silver, gold and silver equities as well as numerous commodities suffered severe losses during the past several days. Gold and silver after posting highs a few short weeks ago of $432 and nearly $8.50 respectively, struck their recent lows of $390 and $5.99. Both the major gold and […]

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Business deals at 95th China Export Commodity Fair hit record

GUANGZHOU, April 30 (Xinhuanet) — Business deals worth 24.51 billion US dollars, a record high, were struck at the 95th China Export Commodity Fair, that drew curtain in Guangzhou, capital of south China’s Guangdong Province, on Friday. Xu Bing, the spokesperson for the fair, said the volume of transactions at the fair went up 19.6 […]

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