The Lunacy of Paul Krugman Saying America Will Wish It Was Japan
Only Paul Krugman can try and turn economics into a political game of “what if.” In reality, both parties are responsible for where we are today and both parties won’t change the outcome tomorrow unless their is a Constitutional amendment handcuffing their spending madness. Only gold and silver speak the truth in revealing the consequences of left vs. right politics. But lets...
Read MoreIs Gerald Celente Right About the "Crash of 2010?"
Two of the must read sites I peruse every day posted a video of trend forecaster, Gerald Celente where he predicts “the Crash of 2010 is going to happen.” I found it interesting these sites didn’t make any comments about what Celente said, but just posted the video with a few highlighted quotes from him. I don’t mind making comments on what Celente said as I don’t...
Read MoreZimbabwe Central Bank Trying to Do What Didn’t Work in the U.S.: Back Currency With Gold
In following up with the theme of the week and the article “How gold would be used in hyperinflation,” the news yesterday was quite startling for those who follow monetary policy. Zimbabwe Central Bank governor, Gideon Gono, has proposed the introduction of a gold-backed local currency. Why is this significant? Will this potential action solve the currency crisis for Zimbabwe? ...
Read MoreThe Banking Crisis is Far From Over
There’s been much blame put squarely on lenders for this economic crisis. While others like the Federal Reserve and Congress who approved spending bill after spending bill are to blame, the banks that approved less than credit worthy applications do deserve some of the blame. But have banks really learned from their mistakes or is the current banking system doomed to failure? Banks Are...
Read MoreDigger’s Friday Triple Play
Invest in paths that are less trodden, says Jim Rogers The idea that you can solve a period of excessive borrowing and consumption with more borrowing and more consumption and destroying more balance sheets, to me, is ludicrous on its face,” Rogers said. Inclined to Liberty; The Futile Attempt to Suppress the Human Spirit by Louis E. Carabini Labor unions use the “take away jobs”...
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