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28.06.26 - 23:57
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The Coming Return Of Commodity-Backed Money (ZeroHedge)
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The Coming Return Of Commodity-Backed Money
Authored by Chris MacIntosh via InternationalMan.com,
This piece is as much a mental exploration as a fact-gathering exercise.
Let's begin with the problem. Bank failures come together with economic failures.
So trusting banks is a problem, but furthermore, trusting fiat currency is also a problem. This is on top of the issue that moving capital from one bank to another is increasingly fraught with headaches. AML and KYC have become weaponised, and the global surveillance system is tightening its grip. So movement of capital, treasury, and of course what to own in your treasury are all problems as I see it.
How to solve for all?
The Inversion
Most investors think in fiat terms — what's the IRR in dollars, what's the EBITDA multiple. That's measuring real assets with a rubber ruler.
The better question is: What is this stake worth in hard asset terms, and what hard asset exposure does it give me per unit of fiat deployed?
Fiat currency is a lia...
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28.06.26 - 19:12
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Sir Geoffrey Whalen obituary (The Guardian)
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One of the leading figures in the UK motor industry who tried to turn British Leyland around and later became managing director of Peugeot Talbot in CoventryOne of the heroes of the British motor industry in the late 20th century, Sir Geoffrey Whalen, who has died aged 90, was bloodied in the interminable, but ultimately futile, battle to make British Leyland succeed, yet his achievement was to keep mass-market car manufacturing alive in Coventry for an extra 20 years from the time he became managing director of Peugeot UK in 1984.Having started out in industrial relations for the National Coal Board in Scotland, Whalen was 30 before he moved to be divisional personnel manager for AC Delco, the components arm of General Motors in Dunstable, Bedfordshire. Continue reading......
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27.06.26 - 10:36
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Airbus, Kawasaki Heavy to Cooperate on Military Drone Development (Nippon)
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Tokyo, June 27 (Jiji Press)--European aerospace giant Airbus has signed a memorandum of understanding with Japan's Kawasaki Heavy Industries Ltd. on cooperation for the development of military drones. They will consider collaboration on the development of unmanned systems for antisubmarine warfare, aiming to make proposals to Japan Self-Defense Forces in the future. Airbus is playing a ce......
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27.06.26 - 08:06
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Ferrari Outperform (DPA-AFX)
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NEW YORK (dpa-AFX Analyser) - Die kanadische Bank RBC hat die Einstufung für Ferrari nach einer Veranstaltung für Analysten (Pre-Close-Call) vor den anstehenden Quartalszahlen auf "Outperform" mit einem Kursziel von 430 Euro belassen. Bei dem Sportwagenbauer ......
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27.06.26 - 01:18
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Debt Tsunami: The Alan Greenspan Legacy (ZeroHedge)
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Debt Tsunami: The Alan Greenspan Legacy
Authored by Jeffrey Tucker via The Epoch Times,
Alan Greenspan, Fed chair from 1987 to 2006, embodies a striking ideological shift from gold-standard advocate to architect of the modern easy-money, debt-fueled financial system. He has now died at the age of 100, and this marks a good time to assess his legacy and explain why it matters.
In the 1960s, as a young economist influenced by Ayn Rand and Objectivism, Greenspan strongly supported the gold standard. In his 1966 essay “Gold and Economic Freedom,” he argued that gold-backed money was essential for laissez-faire capitalism. It restrained governments from inflating the currency to fund welfare states or deficits, preventing the erosion of savings and the boom-bust cycles caused by fiat money manipulation. He viewed central banking and unbacked currency as tools for hidden wealth confiscation through inflation.
This essay is what endeared him to Rand personally. He became a valued member of her in...
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26.06.26 - 18:25
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„Wir sind am Aufholen“ (Börsen-Zeitung)
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Trotz eines schwachen Auftaktquartals sieht CFO Thomas Toepfer Airbus auf gutem Weg, 2026 das ehrgeizige Auslieferungsziel zu erreichen. Bisher hat der Iran-Krieg zu keinen Stornierungen oder Verschiebungen von Flugzeugbestellungen geführt....
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26.06.26 - 17:39
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WOCHENVORSCHAU: Termine bis 10. Juli 2026 (DPA-AFX)
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FRANKFURT (dpa-AFX) - Wirtschafts- und Finanztermine bis Freitag, den 10. Juli^---------------------------------------------------------------------------------------MONTAG, DEN 29. JUNITERMINE UNTERNEHMEN07:50 NLD: Prosus, Jahreszahlen10:00 ......
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26.06.26 - 17:39
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TAGESVORSCHAU: Termine am 29. Juni 2026 (DPA-AFX)
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FRANKFURT (dpa-AFX) - Wirtschafts- und Finanztermine am Montag, den 29. Juni^TERMINE UNTERNEHMEN07:50 NLD: Prosus, Jahreszahlen10:00 DEU: Nagarro, Hauptversammlung18:00 USA: Snowflake, HauptversammlungTERMINE KONJUNKTUR01:50 ......
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