platinum coin Archive

Platinum Coin Idea Is Rejected by White House

This is far more problematic than markets realize. The President had a choice. The debt ceiling thing expresses ‘the will of Congress’ where Congress makes laws for the executive branch to execute. The President has also sworn to uphold the Constitution which says the President has to pay the nation’s bills. The ...Read More

Japan should buy the platinum coin?

Abe revived this panel. Lots of cross pressures as to whether to increase deficit spending or not. If not, they could continue to be the land of the rising yen, as ‘monetary policy’ short of actual fx purchases doesn’t cut it. As previously discussed, while reported reserves have remained flat since the ...Read More