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- November report "Is it True, as David Hume (1711 – 1776) postulated that, "Nothing is esteemed a more certain sign of the flourishing conditions of any nation than the lowness of interest"?" published. https://bit.ly/2y4LJZQ
- SRSrocco put together a graph tracking production for the top-four gold producers. You will note a pretty consistent downward trend. If these forecasts hold, we are looking at a 23% drop in output over less than a decade. http://bit.ly/2I5FJVb http://bit.ly/2D3w91e
- Ron Paul: The Federal Reserve Is King of the Price Fixers https://t.co/tCdD6vVgPz @SchiffGold
- Crushing Myths and Building a New Case for Gold: Gold Videocast with Albert K Luhttp://bit.ly/1PWtbdw @SchiffGold
- (1/2) Global stock markets are now nearly as oversold as at the market low in October 1987. Expect a powerful and tradable rally of 20% or so from here. Cover all shorts and go long the most oversold stocks. However, do not expect new highs.
- A healthy monsoon season is showing an uptick in Indian farmers returning to the gold market to buy: https://t.co/KSA87hfWvw
- Chinese Stockpile Gold at Accelerated Pace in November @SchiffGold https://t.co/NoTFGevE7T
- Goldman pointed to several fundamental weaknesses it sees in cryptos that make gold a better long-term value. http://bit.ly/2z6Nt7l
- Bitcoin is a bit of a lobster pot — it’s easy to get in, but hard to get out. Gold also offers investors 4,000 years of history as a store of value, and that’s looking quite appealing right now. http://bit.ly/2DrHoEJ
- If Spending Is Our Military Strategy, Our Strategy Is Bankrupt
Friday, May 13, 2016
Business cycle theory discussion
I understand general principles of Austrian business cycle theory which are briefly described in [wiki article](http://ift.tt/1fGSTbp). Actually this theory wasn't confirmed with empirical research or was even rejected. So I'm interested if there are any alternative business cycles theories which where confirmed by empirical researches? If yes, then what are their causes and periodicity?