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Peter Souleles

Peter Souleles Articles

I am of the view that the world craves leadership. Not the kind that threatens or declares wars, not the kind where words do not match actions and definitely not the kind where bad decisions are repeated in the hope of a different outcome...
There is more courage and heroism in defying the human impulse, in taking the purposeful and painful steps to prepare for the unimaginable. - Malcolm Gladwell
The warning signs have never been so many and so obvious. Every single economic indicator for housing, employment, consumer spending, foreclosures, tax collections, commercial property, trade and shipping is unsettling. And yet the stock...
I am finally convinced that even though the Plunge Protection Team is made up of some very clever traders, it must also have a whole back up team of comedians, cartoonists, magicians, advertising wunderkinds and Hollywood script writers....
Is there anyone who honestly believes that the USA has the ability to repay its foreign creditors with anything but grossly devalued paper dollars? When the Federal Government's debt limit is anything but a limit and when all their...
For many years we have all reached a resigned indifference to the way inflation figures are manipulated to suit the masters of the day. The end result is that GDP growth is overstated and adjustments to wages and pensions muted. This same...
Whilst this world's commerce still rotates on the unsteady axis of paper currencies, we will be subjected to a great deal of volatility and uncertainty. Without doubt, the US dollar has been the lynchpin of post World War II trade and...
At the G8 conference a few days ago, the President of Russia, Medvedev, pulled a "gun" from his pocket. He held it up for all to see and without firing it, the world was told in no uncertain terms that the sheriff would be returning to...
If I told everyone that inflation is possible without increasing prices and without increasing the money supply, they could and would question my sanity. Yet, a large portion of the world's population is experiencing just that. In fact,...
Everyone is a player when it comes to gold. Investors, speculators, doomsday merchants, scholars, traders, governments, central banks, coin collectors and scrap metal dealers. All these groups are motivated by different considerations but...

One ounce of gold is so ductile it can be drawn into a wire 50 miles long

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