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| George F. Smith - Barbarous Relic |
Gary North on central banking, gold, federal debt, and Keynesianism |
I have never met Gary North and probably never will.Yet, through his writings he has had a far-reaching influence on my thinking, especially with regard to government and economics.He runs a membership website, GaryNorth.com.For $14.95 a month you get access to everything on the site, including four daily articles that he writes six days a week and posts while most people are still asleep.Members can ask questions in the forums to which he and other members will post replies.
North wrote whatWednesday, February 17, 2021 |
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| Jesse - Le Cafe Américain |
Oct 31, 1936 Franklin Roosevelt On the Eve of the Presidential Election 1936 - 'Government By Organized Money' |
"On the eve of a national election, it is well for us to stop for a moment and analyze calmly and without prejudice the effect on our Nation of a victory by either of the major political parties.
The problem of the electorate is far deeper, far more vital than the continuance in the Presidency of any individual. For the greater issue goes beyond units of humanity--it goes to humanity itself.
In 1932 the issue was the restoration of American democracy; and the American people were in a mood toThursday, November 5, 2020 |
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| Jesse - Le Cafe Américain |
Oct 31, 1936 - Franklin Roosevelt Speech On the Eve of the Presidential Election 1936 - 'Government By Organized Money' |
"On the eve of a national election, it is well for us to stop for a moment and analyze calmly and without prejudice the effect on our Nation of a victory by either of the major political parties.
The problem of the electorate is far deeper, far more vital than the continuance in the Presidency of any individual. For the greater issue goes beyond units of humanity--it goes to humanity itself.
In 1932 the issue was the restoration of American democracy; and the American people were in a mood toSaturday, October 31, 2020 |
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| Nathan Lewis - New World Economics |
God, Gold and Guns |
We’ve been looking into One Nation Under Gold (2017), by James Ledbetter.
October 2, 2017: One Nation Under Gold (2017), by James Ledbetter
October 14, 2017: One Nation Under Gold #2: The Silliness of the Bretton Woods Years
Now, we will follow Ledbetter’s account of the end of Bretton Woods in 1971, up to the present.
The account of the 1971 devaluation was, following the pattern of this book, long on details but short on insight. It seemed to people at the time that they “had no choice,” thatSaturday, October 24, 2020 |
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| Andy Hoffman - Miles Franklin |
Special Supplement: Counterfeit Coins You Get What You Pay For |
Miles Franklin has been in business for 27 years – with an A+ Better Business Bureau rating, and not a single registered complaint since opened our doors in 1989. The company is still owned by the father and son team that founded it, Andy and David Schectman; and our brokers, on average, have been selling bullion since the early 1980s. For a variety of reasons – from our sterling reputation; to competitive sale prices; the industry’s best “buyback” prices (particularly for Miles Franklin custoSunday, April 19, 2020 |
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| Mark O'Byrne - gold.ie |
Buy Silver And Sell Gold Now |
– Buy silver and sell gold now – Frisby– Gold should cost 15 times as much as silver– Silver might have disappointed in short term – But it’s time to buy
– Editor’s note: Silver has outperformed stocks, bonds and gold over long term (see table)
For those of you with busy schedules who like to see arguments made in 280 characters or less, let me come straight to the point: the time has come to sell your gold and buy silver.
Got that?
Right. Now, those of you who are interested to know why I wouSaturday, March 17, 2018 |
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| Andy Hoffman - Miles Franklin |
The Chicago Way Precious Metals Protection Plan |
Do you have a plan to protect your precious metals?
You should. I’m going to tell you mine today.
I’m from Chicago.
The second city. The windy city. The city of big shoulders.
All of that sounds nice, but if you’ve live in Chicago, the phrase that is always top of mind is not so romantic.
You may have heard it before. It’s the phrase that was famously mouthed by Sean Connery in the movie “The Untouchables” when he said “THATS the Chicago Way.”
The Chicago Way.
If you live in Chicago and don’t knFriday, March 9, 2018 |
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| Chris Powell - GATA |
Study finds increase in taxi trips between NY Fed and banks around FOMC meetings |
A new study has found a jump in New York City taxi cab activity between the Federal Reserve Bank of New York and major Wall Street banks around the time of central bank policy meetings, and the study's author says the findings suggest an increase in informal communications between Fed employees and individuals in the private sector could be occurring.
The New York Fed strenuously disputed the study's assertions.
The study was conducted by University of Chicago Booth School of Business Ph.D. caMonday, March 5, 2018 |
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| Andy Hoffman - Miles Franklin |
THE GODL HODL: How To Buy Gold With Bitcoin |
This article is going to show you exactly how to buy gold with bitcoin but first here’s why you might want to listen to me.
I’m Hunter Riley III, author of the Amazon #1 best selling book on gold and silver called “Stack Silver Get Gold”. I’m from Chicago but currently based at the Vanderbilt Hotel in San Juan, Puerto Rico for the duration of the horrendous Chicago winter. I’ve been investing in gold and silver for about 15 years and cryptocurrencies for 4 years. In my books and online courses yFriday, February 23, 2018 |
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| Frank Shostak |
Should We Use Probability in Economics |
Modern economics in addition to sophisticated mathematics also employs probability distributions. What is probability? The probability of an event is the proportion of times the event happens out of a large number of trials.For instance, the probability of obtaining heads when a coin is tossed is 0.5. This does not mean that when a coin is tossed 10 times, five heads are always obtained.However, if the experiment is repeated a large number of times then it is likely that 50% will be obtained. ThWednesday, February 14, 2018 |
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| Frank Shostak |
Why Good Economics Requires Good Theory |
It is generally held that by means of statistical and mathematical methods one can organize historical data into a useful body of information, which in turn can serve as the basis for the assessments of the state of the economy. It is also held that the knowledge secured from the assessment of the data is likely to be of a tentative nature since it is not possible to know the true nature of the facts of reality.Some economists such as Milton Friedman held that since it is not possible to establiTuesday, February 6, 2018 |
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| Michael Ballanger |
From the Heart: Own Precious Metals |
One of the things from which I occasionally enjoy a good chuckle is the insecurity displayed by bloggers or newsletter writers who are constantly in need of positive reinforcement derived by reminding readers of their "incredible market calls." It is always readily-predictable because just before they ask you to buy something (like a subscription), they post a link to emphasize their brilliance with phrases like "as you know" or "back in 2017" providing breathtaking introductions to their most rTuesday, February 6, 2018 |
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| Mish - Global Economic Analysis |
Illinois Ponders Pension Moonshot Gamble: $107 Billion Bond Sale |
What better time than now to borrow $107 billion to invest in stocks? That's what Illinois is actually considering.
Crain's Chicago Business reports Illinois Ponders Pension-Fund Moonshot: a $107B Bond Sale.
Springfield lawmakers are so desperate to shore up the state's massively underfunded retirement system that they're willing to entertain an eye-popping wager: Borrowing $107 billion and letting it ride in the financial markets.
The legislature's personnel and pensions committee plans to meeSaturday, January 27, 2018 |
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| Frank Shostak |
Mises Explains the Difference Between Circulation Credit and Commodity Credit |
In the slump of a cycle, businesses that were thriving come to experience difficulties or go under. These errors aren't specific to any one firm. They occur in tandem with whole sectors of the economy. People who were wealthy yesterday have become poor today. Factories that were busy yesterday are shut down today, and workers are out of jobs.Businessmen themselves are confused as to why. They cannot make sense of why certain business practices that were profitable yesterday are losing money todaSunday, January 21, 2018 |
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| James Howard Kunstler |
Racism-O-Rama |
The New York Times worked itself into a fugue state this morning of the MLK holiday with a front-page orgy of reproving headlines: “[Charles] Blow: Trump is a Racist, Period;” “Donald Trump’s Racism, the Definitive List;” “’I’m Not a Racist,’ Trump says, as DACA Hopes Dim;” “In Trump Remarks, Black Churches See a Nation Backsliding.”
I suspect these are not so much the cries of a people yearning for redress of unfair laws — as was the case in 1963 when Martin Luther King led the now-hallowed marMonday, January 15, 2018 |
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| Chris Powell - GATA |
John Hathaway: Gold and bitcoin are attacked to defend government currencies |
John Hathaway's latest market letter for Tocqueville Asset Management may get as close to a complaint of gold price suppression as anyone can while retaining some respectability in the financial industry. Hathaway writes that there have been efforts to drive down not only gold but also the cryptocurrency bitcoin because of the competition they pose to government currencies.
Hathaway writes:
"Unlike physical, gold is abundant in the synthetic world because physical bars are replicated almost infiFriday, January 5, 2018 |
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| Andy Hoffman - Miles Franklin |
Part 3 Sleaze, Various Other Truth Bombs |
We scratched the surface on Government, finance, politics and the rule of law so far. Today, let’s take a look at sleaze and fraud. The sleaze part is not just “sensational”. It is important because in many cases it crosses any decent person’s red line and should piss anyone off who reads it or discovers it.
The first part is certainly not all inclusive but is wide ranging. That said, 2018 looks to be shaping up as barn burner for the arrests of child molesters and human traffickers. NoSaturday, December 30, 2017 |
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| Michael Ballanger |
Michael Ballanger: CME 'Fiat Police' Arrive Right on Schedule |
There are occasions in my life where being correct in a trade or a forecast or an event absolutely fails to excite me. Like predicting the death of a pet or the failure of a business, there is absolutely no joy in waking up to the realization that one's analytical abilities were put to the test and prevailed.
In December 2015, I made one of the best calls of my career when I announced the terminus of the 2011-2015 Great Bear Market in Gold at $1,045, but what followed was neither the clinking Friday, December 29, 2017 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Positive Expectations, But Will SP 500 Continue Higher |
Briefly:Intraday trade: Our Wednesday's intraday trading outlook was neutral. It proved accurate, because the S&P 500 gained 0.1% following neutral opening of the trading session. The broad stock market extended its short-term fluctuations. We still can see medium-term technical overbought conditions. However, there have been no confirmed negative signals so far. Therefore, we prefer to be out of the market again, avoiding low risk/reward ratio trades.Our intraday outlook is neutral today. Our sThursday, December 28, 2017 |
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| Andy Hoffman - Miles Franklin |
Part 2, Politics and the Rule of Law |
In this section we will look at “politics and the rule of law” (or the lack of). If you remember, WikiLeaks dumped all sorts of information from the second half of 2016 on. Much of the information was gleaned from John Podesta’s personal e-mail account …and none of it has ever been claimed to be fake e-mails so we can assume they are true. In fact, the reaction to the information (e-mail) dump was to point fingers at “who stole” them and the “illegality” of obtaining them. Never mind “what” the Thursday, December 28, 2017 |
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