A lot of discussions in the news about the potential return to the gold standard after the collapse of the dollar or the petro-dollar standard. The fact of the matter is that central banks love booms and busts. Gold prevents them from booming and busting the markets. Gold cannot be printed from thin air. It’s […]
The irony of the financial crises lies in the fact that central banks like US Federal Reserve, European Central Bank, Bank of Japan and Bank of England have an army of risk management teams, experts and financial geniuses at every level and floor and yet they fall into the trap of the market over and […]
When humans abandoned the sharing culture and became greedy and selfish, history has started repeating itself. Crash after crash and the financial crisis of 2008 was the most recent episode in the crash show. Unfortunately, the crash show will continue, and more releases are to come because greed and power are still the governing behavior of those at the top.