M. A. Nystrom

Articles by M. A. Nystrom

Editor's Note: The following is in answer to a reader's question "What do they mean when they talk about global liquidity drying up?"
Yesterday I posted a chart of COMEX October 1979 gold, showing the very nice run gold had back in '79. It went from just under $240 to just over $440, nearly doubling in the span of a year and selling off to around $370 when the contract...
1. The Chinese Calendar System
The last few years has seen a series of "nested bubbles" popping. The internet bubble popped and brought down the tech sector which brought down the NASDAQ which is bringing down the U.S. economy. But the granddaddy of them all, the bubble...
China has only 2% of its Total Foreign Reserves in gold.