Adrian Ash

Contributor since: 26 Feb 2010

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Biography

• Rock, Paper, Scissors

  Published 19 December 2008 | viewed 5,016 times

  "...Yes, the numbers of rough. But people choose gold when paper collapses in value..." RUNNING into YEAR-END 2008 with a hatful of fears, losses, hope…

• The End of the Credit Line (or, The Trouble with Gold, Part III)

  Published 12 December 2008 | viewed 5,032 times

  "...To stay ahead of inflation, don't beg for a raise. Just borrow the money instead...!" The TROUBLE with GOLD...? If you choose to use it…

• UK's Pain, Gold Owner's Gain

  Published 10 December 2008 | viewed 4,098 times

  "...For UK investors choosing to Buy Gold in 2008, the metal discharged itself without a word of complaint..." WITH THE BANK OF ENGLAND hitting the…

• Twelve Tonnes of Jelly (Or, the Trouble with Gold, Part II)

  Published 05 December 2008 | viewed 4,924 times

  "...'What is economics?' an economics professor asks. 'Scarcity' comes the school-children's answer..." SO WE'RE LIVING through the end of something. Something important and ugly. Everyone…

• The Trouble with Gold, Part I

  Published 28 November 2008 | viewed 5,108 times

  "...The nine decades of gold simply need not apply. Because there's just too much money chasing too many votes to make such a limiting system…

• Jubilee, 1935

  Published 26 November 2008 | viewed 4,675 times

  "With John Maynard Keynes feted by governments once more, would you dare to guess how desperate things must become before a true revolution in policy…

• Seeking Alfalfa

  Published 21 November 2008 | viewed 4,536 times

  "Well, God knows you don't need any brains to buck barley bags..." - John Steinbeck, Of Mice & Men (1937) ALPHA used to be what…

• The Descent of Niall Ferguson

  Published 17 November 2008 | viewed 5,081 times

  "Bread, cash, dosh, dough, loot, lucre, moolah, readies, the wherewithal...It's amazing what a tenured professor can earn these days..." "MONEY IS TRUST, not metal," says…

• More Fois Gras, Mr. Goose?

  Published 07 November 2008 | viewed 3,942 times

  "I say, I say, I say - Did you hear about the joke of a central banker...?" SHOCK and AWE was never supposed to be…

• Where the Wild Cats Howl, Part II

  Published 05 November 2008 | viewed 4,595 times

  "...The ideal hedge-fund manager was only just out of college when the Asian Crisis hit. He was smoking blunts behind the school bike-shed on Black…

• US Inflation: Like a Hurricane!

  Published 03 November 2008 | viewed 5,512 times

  "...Prolonged inflation (and, especially hyperinflation) cannot continue without increases in the monetary base..." "A COUNTRY'S LONG-RUN INFLATION is caused primarily, or perhaps exclusively, by increases…

• Where the Wild Cats Howl, Part I

  Published 31 October 2008 | viewed 4,528 times

  "I have hedge fund managers literally in tears on the phone..." - a London broker, quoted this week ODD THINGS were happening to the price…

• Gold Priced in the Top 10 World Currencies

  Published 28 October 2008 | viewed 5,482 times

  "...Take a look at this chart of gold prices measured in the top 10 most important world currencies..." SO the SPOT GOLD PRICE sank in…

• "We're for a Strong Dollar"

  Published 23 October 2008 | viewed 5,285 times

  "There are more tears shed over answered prayers than over unanswered prayers..." - Teresa of Ávila, patron saint of headache sufferers SO HANK PAULSON, Ben…

• Gold's New 14-Year High

  Published 22 October 2008 | viewed 6,546 times

  "...It's always darkest before it's pitch black..." YOU MIGHT LIKE to know, if you put store by such things, that the US stock market just…

• Marco Polo Goes West

  Published 17 October 2008 | viewed 3,073 times

  "You can't blame the king of Persia for printing up money no one could trust. His neighbors in China were doing the same, after all,…

• No Credit, No Leverage

  Published 15 October 2008 | viewed 5,277 times

  "What we thought was a wall of liquidity, turned out to be a wall of leverage." - Paul Davies in the FT, quoting "a number…

• Competitive Bail-Outs

  Published 01 October 2008 | viewed 3,419 times

  "...Seven-hundred billion here, $560 billion there, and pretty soon you're talking deposit-bank warfare in the battle to recapitalize financial firms..." WELL, IT SURE BEATS trying…

• Oh Stop It! Youre Killing Me...

  Published 26 September 2008 | viewed 6,071 times

  "...The dangerous market has been and gone. Only the danger of government meddling remains..." WE LOVE THIS NUGGET of irony, idiocy or just plain cant…

• Dry Rot in Bush's Housing Plan

  Published 24 September 2008 | viewed 4,678 times

  "The reality of the situation is that an open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability…