Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Is This The Long-Awaited Silver Short Squeeze, The Beginning Of The Next Bull Market, Or Both? Or, Sigh, Neither?
By: John Rubino

2018's 'Short' of the Year
By: Michael Ballanger

Eagle Plains Acquires High-Grade B.C. Graphite Property
By: Eagle Plains Resources Ltd.

Gold Resource Corporation Increases Gold Reserves by 135% Announcing Maiden Mineral Reserve for Isabella Pearl Gold Project, Mineral County, Nevada
By: Gold Resource Corporation

Palladium Bullion Surges 17% In 9 Days On Russian Supply Concerns
By: GoldCore

Gold Seeker Closing Report: Gold Gains and Silver Surges Over 2%
By: Chris Mullen, Gold Seeker Report

Bull market correction or bear market?
By: Steven Saville

“Take a Pill” Consequences
By: Gary Christenson

COMEX Exchanges For Physical
By: Craig Hemke

Were Trade Wars Inevitable?
By: Gordon T Long and Charles Hugh Smith

 
Search

GoldSeek Web

 
Global Liquidity, Credit And Flows


 -- Published: Tuesday, 27 March 2018 | Print  | Disqus 

By Gordon Long

Let's start by making sure we understand the terminology we will be using in our discussion today. Too many times I hear people use these terms in the wrong and often confusing context.

LIQUIDITY: is about AVAILABILITY of Money & Credit. This is the role of the central bankers, that is to ensure there is always sufficient but not excessive Money Supply available. Historically the problem was normally insufficient liquidity. In the last two decades it has become more a matter of too much liquidity causing the problems. Monetary policy too loose for too long a period of time. The role of the central bank had been to take away the punch bowl just as the party got going but before it got out of hand. Not the case today. As a matter of fact it seems quite the opposite - but that is for another discussion.

CREDIT & DEBT are simply two sides of the same coin:

CREDIT: Is about Lenders having the ABILITY and the WILLINGNESS to Lend.

DEBT: Is about the NEED for and have the COLLATERAL or credit rating to Borrow.

FLOWS: Is about where Money & Credit will go fully realizing it always goes where it is treated best.

We are going to explore all of these in the discussion on a Global context. This is another important point because we too often don't properly distinguish whether we are talking domestically or globally - too often assuming in America they are one and the same.

Today the Global context is critically important because as far as these terms are concerned there are no longer any borders and move at "light speed" around the globe as electronic "bits".

http://gordontlong.com/

 


| Digg This Article
 -- Published: Tuesday, 27 March 2018 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.