John Browne - Euro Pacific Capital

Global stakes for the Brexit Vote

It's arguable that the referendum will be the most significant vote the world will see between now and the U.S. presidential ballots in November.

An escalating war on cash

On February 16th, The Washington Post printed the article, "It's time to kill the $100 bill."

Through the looking glass on rates

Contemporary economists like to suggest that markets should become comfortable with negative rates and accept that they have an important role to play in the "science" of modern finance. But this analysis ignores the fundamental absurdity of the concept.

China takes a big step forward

On November 30th the International Monetary Fund (IMF) announced that it would admit China's Renminbi currency, commonly known as the Yuan, to the select basket of reserve currencies that make up its Special Drawing Rights (SDR's).

European QE creates distortions in world economy

In the closing months of 2014, Germany faced a difficult dilemma.

The hidden perils of low interest rates

Late last year, with the U.S. economy experiencing falling unemployment and seemingly low inflation, observers were extremely confident that the Federal Reserve would move judiciously in 2015 to restore 'normal' interest rates sooner rather than later.

Markets climb as world faces crisis

On August 28th while the geographical area formerly known as Iraq descended further into chaos, President Obama announced to the world "We don't have a strategy, yet."

Understanding gold market dynamics

By treating the gold market as if it were comprised of just one type of investor, analysts have drawn false conclusions about the recent volatility.

Germany under pressure to create money

Growing political pressure from around the world, and growing dissatisfaction among domestic voters have shaken, and perhaps cracked, the German resolve.

Singapore a wise owl among currency snakes

The country has been able to sustain genuine economic growth in the context of a strong national currency.

Investing in a world of make believe

Increasing skepticism an aggravating factor in the acute volatility of stocks, real estate, commodities and precious metals.

France and the UK could be the lynchpins of Europe

Over the past two months, Europe's problems seem to have disappeared from the headlines. However, the new French Socialist government is pushing ahead with policies that favor significantly higher government spending, greater regulation of business […]

Republican sellout invites stagflation

While it may be no surprise that Republicans are preparing to yield on tax hikes, it should raise investor concerns the world over that a budget agreement will likely involve a Congressional surrender of its authority to set the federal debt ceiling.

Euro crisis: Major implications for investors

Future historians of the European Union likely will ponder how democratically elected governments of once proud empire nations willingly surrendered their sovereignty without full and open discussions.

Report raises questions about central bank gold holdings

Gold held in the vaults of key central banks around the globe may not have been accurately recorded. A report issued last month in Germany has brought this issues to the fore.

September 12th looms large for Germany

The German economy is undoubtedly the powerhouse of Europe. As a result, an understanding of the developments within Germany can offer a strong indication of the path that the rest of Europe is likely to take.

Mistrust fuels continued gold demand

At a time when complex financial instruments allow for the seemingly effective hedging of all manner of risks, why should precious metals, which involve considerable downside risk, continue to be attractive?

Don't panic on metal tumble

Fall officially began on September 21, but it's not just leaves that are cascading downward.

Morgan opens gold window

Earlier this month, J.P. Morgan made an important announcement that received scant coverage in the media: the bank would now accept gold as collateral for loans.

Is the US rally sustainable?

This week, the financial media celebrated as the Dow closed above the 12,000 mark for the first time since June 19th, 2008.

The great debt shift

If one were asked to describe the major global economic changes that have unfolded since the financial crisis began, a good starting place would be the massive shift of debt from the private to the public sector.

A Precious Metals Bubble?

In the first few days of July, the prices of gold and silver appeared to break a five-month upward trend by drawing back about five per cent from the record June peaks. Despite many similar […]

Stormy Seas on the Atlantic

The European Union's debt crisis, the threatened collapse of its fledgling 'euro' currency, and the uncertainties created by the UK elections may seem very far removed from the American ship of state, but, in reality, […]