Maison Placements Canada - The Russians invade Georgia, raising fears of a proxy war with the U.S.. Oil through $150 a barrel? No. In fact, oil is $30 below its peak, hitting three month lows. And gold, a safe haven in times of geopolitical unrest, fell $60 an ounce [...]
The Archives
Mike Shedlock reports - It’s no surprise, at least in this corner, that sales growth at EBay.com has slowed the most since 1998. After all, the Future Is Frugality. (And That Future Is Now). Somehow EBay.com wants investors to think that it can slash fees and make up for it on the back end and/or [...]
Ciovaccocapital.com - Mohamed El-Erian is the former highly successful manager of the Harvard endowment and current head of PIMCO. In an August 15, 2008 Bloomberg interview, he makes some comments which may help us to begin to understand the recent surge in the dollar in the face of less-than-ideal U.S. economic conditions.
Currencies move not because [...]
Economists who now see American troubles spreading around the world are predicting that foreign central banks will ignore the gathering inflation threat and follow the Fed down the rate cutting path. Similarly, they argue that since the downturn began here, the U.S. recovery will likely be underway while the rest of world is still decelerating. [...]
Casey Research - It’s true for almost any commodity: there are a lot of influences pushing on the price, and it’s hard to untangle them all. But gold is exceptional. A single factor dominates the market price - and you can measure it.
More than any other commodity, gold’s price rises (and falls) with demand from [...]
The following is an excerpt from an article written by Libertarian Harry Browne.
Many people aren’t aware that America - conceived in liberty in 1776 - didn’t have a permanent income tax until 1913. In fact, the Constitution of the United States prohibited an income tax. For over a century, the U.S. government survived quite well [...]
James Turk - The first thing people usually consider when buying gold is its price, but unfortunately, they are grabbing the wrong end of the stick. Price is of secondary importance. To explain why, one has to examine the reasons for buying and holding gold.
The motivation to buy gold is usually driven by the pursuit [...]
Jon Voight - We, as parents, are well aware of the importance of our teachers who teach and program our children. We also know how important it is for our children to play with good-thinking children growing up. Sen. Barack Obama has grown up with the teaching of very angry, militant white and black people: [...]
BrookesNews.com - Unlike old soldiers economic fallacies refuse to fade away. Nouriel Roubini, former Clinton White House economist and now a professor of economics, has been busy telling the Bloomberg business news service that the economy is heading for a severe downturn that will be worse than the 2001 recession. Like the vast majority of [...]
DailyReckoning.com - Last week, the low-IQ socialist scumbags in the House of Representatives in Washington, D.C. among other legislative horrors raised the debt limit of the U.S.A. by another $800 billion, taking the limit to a staggering $10.6 trillion, so that they could continue to act like the mental defective lowlife collectivist scumbags that they [...]
We just added a ticker to the right corner of our site to illustrate the national debt of the United States of America. This figure is an approximate and is growing by the second. What is the federal government doing about it? It doesn’t appear to be much of anything, but they do seem more [...]
In America, Uncle Sam spends a lot of money! At the end of this fiscal year (in two months), it is projected that our federal government will spend about $2.8 trillion, but take in only $2.4 trillion in tax revenue. This shortfall will need to be borrowed, and by the fall of 2008 borrowing could [...]
SafeHaven.com - Over the past few decades, the United States has steadily evolved from a nation of ‘producers’ to one of ‘consumers’. The change has been celebrated by politicians and economists as proof of America’s arrival at the top of the global economic food chain. In reality, the development [...]
A friend of mine sent me a copy of an article published over at SeekingAlpha.com about Ron Paul’s investment portfolio. I’ve got to say that the Congressman from Texas definitely put his money, or his personal investments in this case, where his mouth is. 27 equity investments in various gold, silver, and commodities stocks with [...]