| |
 | George F. Smith - Barbarous Relic |
“Close the public schools forever”  |
| From everything I read you would think we were incapable of solving social problems.
In truth, we find matters only getting worse because the proposed solutions always involve the culprit, the state, taking more control over our lives.
The state is a box we desperately need to think outside of if we’re ever going to establish civil relations among people. We would do well to remember that the state is absolutely not in the business of making our lives better. It is an institution appendedWednesday, March 7, 2018 |
|
 | Keith Weiner - Monetary Metals |
| Gold is a Giant Ouija Board |
| We have been promising to get back to the topic of capital destruction, which we put on hiatus for the last several weeks to make our case that the interest rate remains in a falling trend. Today, we have a different way of looking at capital destruction.
Socialism is the system of seeking out and destroying capital. Redistribution means taking someone’s capital and handing it over as income to someone else. The rightful owner would steward and compound it, not consume it. But the recipient of uMonday, February 26, 2018 |
|
 | Mish - Global Economic Analysis |
| The Verge of "Overheating" Labor Market in Pictures |
| Economist Mark Zandi fears the tight jobs market may "overheat". In the Beige Book, the word "tight" came up 31 times.
Ahead of the last jobs report, Mark Zandi, chief economist of Moody’s Analytics, offered this amusing comment as noted by ADP: “The job market ended the year strongly. Robust Christmas sales prompted retailers and delivery services to add to their payrolls. The tight labor market will get even tighter, raising the specter that it will overheat.”
For further discussion, please Monday, January 22, 2018 |
|
 | Alasdair Macleod - Finance and Eco. |
| 2018 could be the year for gold |
| We approach 2018 having seen the seeds planted in recent years for a monetary revolution. They include the massive world-wide expansion of credit and debt since the last credit crisis, and the advent of potentially disruptive cryptocurrencies. Geopolitical shifts of tectonic scale have occurred, hardly noticed by the ordinary person. That was until now. We are now on board a train which is gathering speed towards its buffers: the end of dollar hegemony and its potential collapse.It might take a Thursday, December 21, 2017 |
|
 | Stewart Dougherty |
| The War on Gold Intensifies: It Betrays the Elitists’ Panic and Augurs Their Coming Defeat (Part 2) |
| Dictatorship (noun): Definition #3: absolute power or authority (Websters); Def. #2: absolute, imperious or overbearing power or control (Random House);Def. #3: Absolute or despotic control or power (American Heritage);Def. #3: Absolute or supreme power or authority (Collins English Dictionary);Def. #1: A type of government where absolute sovereignty is allotted to an individual or small clique (Wikipedia).“If you know the enemy and know yourself, you need not fear the result of a hundred battleSunday, December 10, 2017 |
|
 | Gary Christenson - Sprott Money |
| Rig For Stormy Weather - Gary Christenson |
| What storm? The Dow Jones Industrial Average (DOW)
reached another all-time high. Interest rates in the U.S. are yielding
multi-decade lows, some say multi-century lows. Trillions of dollars in
global sovereign debt have negative yield and European junk bonds yield
less than 10 year U.S. treasuries. “Official” unemployment is low.
Borrowing is inexpensive. Things are good, so they say!
I Doubt It!
Do you believe the above is a fair and accurate representation of our economic world? If so, Thursday, December 7, 2017 |
|
| Gary Christenson - Sprott Money |
| Rob From The Middle Class Economics - Gary Christenson |
| Much of our financial world functions as a “Rob from the Middle
Class” economy. The system robs from the middle class and poor via
“money printing” and inflation of the currency supply!
The rich get richer and the poor get poorer.
Little benefit comes from complaining about the process or
fighting it. Understand the process, work around it, and use it
constructively.
Explaining Our Rob from the Middle Class Economy:
Governments, individuals, pension funds and corporations are
increasinglySaturday, November 25, 2017 |
|
| Sprott Money |
| Rob From The Middle Class Economics - Gary Christenson |
| Much of our financial world functions as a “Rob from the Middle
Class” economy. The system robs from the middle class and poor via
“money printing” and inflation of the currency supply!
The rich get richer and the poor get poorer.
Little benefit comes from complaining about the process or
fighting it. Understand the process, work around it, and use it
constructively.
Explaining Our Rob from the Middle Class Economy:
Governments, individuals, pension funds and corporations are
increasinglySaturday, November 25, 2017 |
|
| Rick Ackerman |
| Are the Big Guys Tapped Out |
| It’s hard to imagine the news getting much sunnier than it was for the earnings cycle just reported. What will Amazon, Apple, Google and the other FANG stocks do for an encore? More to the point, what will they do for the next three months? At these very high prices, the task of rotating institutional cash till January, when earnings are next reported, will be like juggling bowling balls. The task will be even harder because Wall Street doesn’t have much “story” left to sell, at least none thatThursday, November 16, 2017 |
|
 | Andy Hoffman - Miles Franklin |
| Shelter From The Storm |
| What storm? The Dow Jones Industrial Average (DOW) reached another all-time high. Interest rates in the U.S. are yielding multi-decade lows, some say multi-century lows. Trillions of dollars in global sovereign debt have negative yield and European junk bonds yield less than 10 year U.S. treasuries. “Official” unemployment is low. Borrowing is inexpensive. Things are good, so they say!
Ho-Hum!
Really? Do you believe the above is a fair and accurate representation of our economic world? If soThursday, November 9, 2017 |
|
| ZeroHedge |
| Woman Fired After Photo Of Her Flipping Off Trump Motorcade Goes Viral |
| Remember that old saying “don’t bite the hand that feeds you?” Well, in case you’ve somehow forgotten, here’s a timely reminder.
Juli Briskman, a 50-year-old Virginia woman who was captured in a viral photograph flipping off the president’s motorcade as it left the Trump National Golf Club in Virginia, has been fired from her employer, a government contractor called, for allegedly violating the company’s social-media policy, the Huffington Post reported.
Briskman’s employer, Akima LLC, a construMonday, November 6, 2017 |
|
| Andy Hoffman - Miles Franklin |
| Reverse Robin Hood Economics |
| Much of our financial world functions as a “Reverse Robin Hood” economy. Rob from the poor and middle class via “money printing” and inflation of the currency supply and give to the rich! The rich get richer and the poor get poorer.
Little benefit comes from complaining about the process or fighting it. Understand the process, work around it, and use it constructively.
Explaining Our Reverse Robin Hood Economy:
Governments, individuals, pension funds and corporations are increasingly financialiWednesday, October 25, 2017 |
|
 | Chris Martenson |
| Are You Infuriated Yet |
| More and more, I'm encountering people who are simply infuriated with how our "leaders" are running (or to put it more accurately, ruining) things right now. And I share that fury.
It’s perfectly normal human response to be infuriated when an outside agent hurts you, especially if the pain seems unnecessary, illogical or random.
Imagine if your neighbor enjoyed setting off loud explosives at all hours of the day and night. Or if he had a habit of tailgating and brake-checking you every time he sMonday, October 23, 2017 |
|
| George F. Smith - Barbarous Relic |
Were Americans ever fit for stateless government  |
| Jacob Hornberger recently posted an article discussing his reasons why he considers the advent of the US national security state to be the worst thing the government has ever done.Bad as they are, the income tax, the federal reserve act, and government schooling don’t come close.His reason: The US national security state has “the power to kill Americans (and others) without risk of any criminal or civil liability. . . . All that US officials have to do is relate the killing to ‘national securityWednesday, October 4, 2017 |
|
 | Jan Skoyles - GoldCore |
| Gold Matches SP 500 Performance In First 3 Quarters; Up 12 2017 YTD |
| Editor Mark O’Byrne
– Gold climbs over 12% in YTD, matching S&P500 performance
– Palladium best performing market, surges 36% 2017 YTD
– Gold outperforms Nikkei 225, Euro Stoxx 50, FTSE and ISEQ
– Geo-political concerns including Trump and North Korea supporting gold
– Safe haven demand should push gold higher in Q4
– Owning physical gold not dependent on third party websites and technology remains essential
Click to enlarge. Source Finviz.com
In the year-to-date the gold price performance has mSunday, October 1, 2017 |
|
| Keith Weiner - Monetary Metals |
| The Forking Paradise |
| A month ago, we wrote about the bitcoin fork. We described the fork:
Picture a bank, the old-fashioned kind. Call it Acme (sorry, we watched too much Coyote and Road Runner growing up). A group of disgruntled employees leave. They take a copy of the book of accounts. They set up a new bank across the street, Wile E Bank. To win customers, they say if you had an account at Acme Bank, you now have an account at Wile, with the same balance!
This fork came about from a disagreement among the bitcoinThursday, September 7, 2017 |
|
 | Michael Pento - Delta Global Advisors |
D.C. Dysfunction and Central Bank Chaos  |
| On September 5th, the members of both houses of Congress of the United States will clean the beach sand from between their toes and return to work. Our public servants who occupy The House of Representatives have been working on their respective tans since July 29th. The Senate has had a little less time in the sun; they held their final vote on August 3rd despite their pledge to stay until August 11th.
Hopefully, they got a lot of rest, because they have a lot to do upon their return. By the enTuesday, September 5, 2017 |
|
| Mish - Global Economic Analysis |
| Problems Too Big and Too Many To Fix: Trump Will Be the Fall Guy |
| The axe fell on Steve Bannon Friday.
Mid-day, mainstream media proclaimed stocks were up because of the firing. Stocks closed the day down. Apparently, stocks were both up and down due to Bannon.
Now Banon is Back on the Outside, back at Breitbart, and happy to be there.
Stephen K. Bannon has always been more comfortable when he was trying to tear down institutions — not work inside them.
With his return to Breitbart News, Mr. Bannon will be free to lead the kind of ferocious assault on the polMonday, August 21, 2017 |
|
| Mish - Global Economic Analysis |
| Case for Zero Corporate Taxes: Who Really Pays Them |
| President Trump and Congress have their eyes on a tax overhaul now that Obamacare replacement has died.
Republicans want to slash corporate taxes. Democrats tend towards arguments like corporations must pay their “fair share”.
Lost in the “fair share” debate is the answer to this key question: Who Ultimately Pays for Corporate Taxes?
Tax overhaul efforts in Washington are being shaped by a debate about whether it is workers or investors who bear the greater burden of U.S. corporate taxes.
If tThursday, August 10, 2017 |
|
| Michael Pento - Delta Global Advisors |
| 5 Reasons to Fear the Fall |
| This powerful and protracted bull market has made Cassandras look foolish for a long time. Those who went on record predicting that massive central bank manipulation of markets would not engender viable economic growth have been proven correct. However, these same individuals failed to fully anticipate the willingness of momentum-trading algorithms to take asset prices very far above the underlying level of economic growth.
Nevertheless, there are five reasons to believe that this fall will finaMonday, August 7, 2017 |
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