More
The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “Bankers choose to take on unreasonable risks, really, on the belief that they have political influence, or political connections, sufficient to prevent taking a loss, and so they over lend. They lend too much, thinking that there really is no cost in the marketplace to […]
About this week’s show: Greece: Default or pay in Drachma? India: “Give us your gold and we’ll pay interest.” “FLASH CRASH” foreshadowing crises in bond market The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “Bankers choose to take on unreasonable risks, really, on the belief that they have political influence, or political connections, […]
I found myself this week reflecting back to this past May, shortly after Ben Bernanke began his (reportedly) $250,000 dinner meetings. May 6 – Bloomberg: “David Einhorn, manager of the $10 billion Greenlight Capital Inc., said he found a recent dinner conversation with former Federal Reserve Chairman Ben S. Bernanke scary. ‘I got to ask […]
I found myself this week reflecting back to this past May, shortly after Ben Bernanke began his (reportedly) $250,000 dinner meetings. May 6 – Bloomberg: “David Einhorn, manager of the $10 billion Greenlight Capital Inc., said he found a recent dinner conversation with former Federal Reserve Chairman Ben S. Bernanke scary. ‘I got to ask […]
The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Kevin: David, you’re finally back. Each year you go to a conference, a meeting of the minds in New York, pretty famous minds, I should say, like Bill Gross, Peter Singer, John Bogle, and you always come back, not only with guests for our show […]
About this week’s show: Global Central Banks cut rates 569 times since Lehman Central Bank assets now larger than U.S. & Japanese economies The only solution: Cash, Gold, Patience The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Kevin: David, you’re finally back. Each year you go to a conference, a meeting of the […]
“This past month may be remembered as the moment the United States lost its role as the underwriter of the global economic system. True, there have been any number of periods of frustration for the United States before and multiple times when U.S. behavior was hardly multilateralist, such as the 1971 Nixon shock ending the […]
The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “If we are in a world where governments are increasingly choosing the outcome, setting the price, that’s dangerous. It’s not just about these technical economic issues. It actually begins to threaten the whole notion of freedom. You want to have the right balance between these […]
