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RBA Is Actively Blowing Up Australia's Biggest Debt Bubble Until It Breaks

Australians must quickly come to the realisation that the country is suffering from a chronic failure of public policy as it relates to official interest rates and the Australian Government’s monetary policy framework. Last week, the board of the Reserve Bank of Australia (RBA) kept official interest rates at 1.5 per cent, the 24 th consecutive month since August 2016. Moreover, the [...]

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Be Wary of the Fallacious Net Household Debt Argument

Australians should treat claims that household debt is not a concern carefully. In recent weeks, two prominent columns, one by Don Stammer, titled ‘ Housing crash unlikely, based on real debt levels’  in the Australian published on 19 June 2018 and another by Michael Pascoe titled, ‘Why household debt is not as scary as generally claimed’  in the New Daily on 25 July 2018 have [...]

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APRA Airbrushes Australian History To Avoid Economic Armageddon

Australia has truly entered the uncharted twilight zone. Last week, Chairman of the Australian Prudential Regulation Authority (APRA), Wayne Byres delivered a speech entitled ‘preparing for a rainy day’ . The Chairman, as part of this speech, outlined a range of policy initiatives that APRA has implemented in recent years to reduce risky lending practices by domestic authorised deposit-taking institutions (ADIs) as [...]

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Mike Maloney: The Top 10 Reasons I Own Gold and Silver

via Mike Maloney and When the average investor thinks about gold, they may view it as an inflation hedge. Or maybe as crisis insurance. Or perhaps solely as a portfolio diversifier. These are all good reasons to own gold—but those are always good reasons to buy precious metals. Mike Maloney’s reasons to own gold and silver [...]

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Bank Crisis and Debt Explosion as Billionaires keep buying Gold and Silver

There have been a number of points of interest since our last newsletter which should give you a continued reason to add to your stack of silver and gold bullion. There are more billionaires and the only trillionaire in the world now  accumulating gold and silver in their portfolios. At the end of our seven points [...]

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World Economists Are Asking... Where Is The Global Growth Going To Come From?

The question is being asked by every Austrian economist that has written a blog in the last 60 days.Since 1971 when gold was removed from backing the world currency, the US dollar, all currencies worldwide are borrowed into existence and an interest rate is applied to that borrowed currency. If the GDP of that country [...]

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Silver Demand At Record Highs... But Prices Are At Record Lows

The last 10 years has seen an incredible increase in silver investment demand. Silver coins and bars will account for one third of total fabricated demand as against 6% in 2006. 2015 will be the third year in a row where a silver shortfall has occurred, which should be price supportive for the future and [...]

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