Top Ten Reasons Why Fiat Currency Is Superior To Gold (Or Silver) Money

In the spirit of the holidays and hope for a more prosperous 2013, I thought my readers might appreciate a little humour to partially offset the relentless doom and gloom associated with the Amphora Report. So please, don’t take this edition too seriously. But if you happen to stumble across a ‘paperbug’ or two [...]

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The Keynesians’ New Clothes

Since early 2010 I have been arguing in my reports against the core neo-Keynesian precepts of the economic and monetary policy mainstream. In general I have not been optimistic that, notwithstanding their abject failure to foresee the global financial crisis, and their ongoing, failed responses thereto, the mainstream would reconsider its views. But some interesting [...]

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The Invisible Red Line

Professor Paul Krugman and Rep. Ron Paul (R-Texas) went head to head on BloombergTV this week. True to his neo-Keynesian form, Prof. Krugman insisted that the US government could and should add further debt to stimulate growth. Rep. Paul responded by asking how much debt would be too much, to which [...]

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Gold Standard By 2013

Our own John Butler of Atom Capital/Amphora Commodities Alpha Fund, talks about his book, The Golden Revolution, and his belief that we may see some countries adopt a kind of gold standard by next year. This video is from ReutersTV. Very, very thought provoking. In response to the question that there is only a small [...]

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The Buck Stops Here: A BRIC Wall

Already on the defensive due to a persistent failure to achieve its stated policy aims, the US Fed was subject to much fresh criticism over the past week, including from the BRIC nations, collectively the largest foreign holders of US dollar reserves. While the dollar remains the world’s pre-eminent reserve currency, [...]

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“Broken Window” Investment Strategies

The Daily Capitalist welcomes new contributor John Butler of Atom Capital in London. John has 18 years’ experience in the global financial industry, having worked for European and US  investment banks in London, New York and Germany. Prior to founding Amphora Capital he was Managing Director and Head of the Index Strategies [...]

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