"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •10 mins | 2,410.10 | +12.10 | +0.50% |
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Platinum •10 mins | 942.20 | -12.30 | -1.29% |
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WTI Crude •11 mins | 83.38 | +0.65 | +0.79% |
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Gasoline •10 mins | 2.714 | +0.000 | +0.01% |
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Ethanol •1 hour | 2.161 | +0.000 | +0.00% |
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Silver •10 mins | 28.83 | +0.45 | +1.57% |
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Silver • 10 mins | 28.83 | +0.45 | +1.57% | |
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Copper • 10 mins | 4.495 | +0.058 | +1.31% | |
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Brent Crude • 10 mins | 87.38 | +0.27 | +0.31% | |
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Natural Gas • 10 mins | 1.756 | -0.001 | -0.06% | |
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Heating Oil • 10 mins | 2.546 | +0.012 | +0.46% |
Richard Johnsson
Contributor since: 26 Feb 2010
Biography
Richard C.B. Johnsson, Ph.D., works as a wealth manager in Bangkok, assisting expatriates and international investors living in Thailand with wealth management, estate planning and UK pension transfers (qrops).
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Destructive Creation
Economist Joseph Shumpeter (1883-1950) seems to have been quite a character, and I can't help but like people that are different in positive ways. It…
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Gold as Unit-of-Account
Gold is money. Everything else is credit. - J. P. Morgan, 1912 What's the single most important financial knowledge that seems to have been lost…
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Major Market Performances 2012
As 2012 now is history and we are looking forward to a new fantastic year, why not start by summarizing the 2012 market performances. Do…
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10 Secrets About Economics
When studying economics at a university today you undoubtedly learn a lot of things. For example, you learn that central banks stabilize the currency and…
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Dear Fellow Gold Bug
You and I probably read many of the same newsletters and websites. In the context of the general public but also the financial community, I…
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Fiat Currencies - Is Legal Tender the Problem?
While most of us have heard the mention of 'legal tender', few probably have contemplated the meaning of it. It should hence come as no…
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(Hyper-)Deflation followed by (Hyper-)Inflation?
While most analysts and commentators seem to have been expecting higher inflation and even hyperinflation, the latest US money supply statistics rather indicate deflation, or…
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The Global Financial Crisis 101
How come many major banks and companies around the world, if not already bankrupt, at least seem to be on the brink of bankruptcy, this…
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The Classical Monetary System - According to the German School of Monetary Freedom
Perhaps far too many people have tried to describe and assess the monetary system and the use of money, since, obviously, the way this has…
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