Greg Canavan

Greg Canavan

Greg Canavan is the editor of Sound Money, Sound Investments, a financial report devoted to unearthing great value investments amid today's "money illusion" of fiat currency. He is also a contributing editor to the Australian Daily Reckoning.

Greg Canavan's Recent Articles

FX Markets: The Key to Predicting Moves in the Gold Price

Greg Canavan

A hundred years ago, gold was money. But that era is over. Now the financial system floats on an increasingly turbulent sea of debt that threatens to capsize entire economies. But where does that leave gold? Today Greg Canavan explores what happens to the yellow metal when a financial system goes from sound to unsound money. Read on...


Delusions About the Origin of an Economic Recovery

Greg Canavan

The copper market's been getting a lot of attention this week. And while most pundits are pinning the red metal's slide to a Chinese slowdown, there is likely another reason for copper's lackluster performance. Greg Canavan explains, and takes a closer look at why the global economy's ticking time bomb is about to explode. Read on...


US Dollars: Water Pipes for the Financial System

Greg Canavan

Forget all of the "taper talk" you might have heard about. It's a sham. The US economy isn't recovering and, more to the point, the US dollar isn't any stronger. Today, Greg Canavan explains how the global economy really works, and why you're better off just ignoring the financial news media. Read on...


What to Expect from Janet Yellen’s Brand of Inflation

Greg Canavan

The Fed has been printing money out of thin air for years. And with Janet Yellen now at the helm, the spigots will likely remain open for the foreseeable future. But while this was great for emerging markets when the crisis hit in 2008, things have changed a bit, and they aren't too thrilled about it. Greg Canavan has more...


The Triffin Dilemma

Greg Canavan

After WWII the Bretton Woods international monetary system came into being. And to ensure stability and financial discipline, the major currencies were fixed to the dollar and the dollar was fixed to gold at the rate of US$35 an ounce. This is where the Triffin Dilemma kicked in. Greg Canavan explains...


“Stimulate and Hope”: Empire at A Turning Point

Greg Canavan

2013 represents another turning point in the demise of the American Empire. Viewed in economic terms, the high water mark of Empire was probably in the late 1990s. Greg Canavan expounds on the downward trajectory of the US economy and how rising debt levels contribute to its downfall...


The U.S. Really Wants a War With Syria

Greg Canavan

This is not just "another" Middle Eastern conflict. It’s much deeper, subtler, and potentially far more dangerous than preceding conflicts. As you’ll see, the situation in Syria is a direct result of the relative decline of U.S. imperial power.


How to Make a Market Melt-Up

Greg Canavan

After spending the past few months trying to convince the market that the US economy is improving, promising to end to QE and ZIRP, the market isn’t buying it.