For honest money and social progress
Source: http://www.zerohedge.com/news/2015-07-26/its-not-just-margin-debt-presenting-complete-chinese-stock-market-ponzi-schematic Late last month in “The Biggest Threat To Chinese Stocks: Shadow Lending Crackdown“, we suggested that the pressure on Chinese equities –…
There is a myth prevalent today that the gold price always falls when interest rates rise. The logic is that when interest rates rise…
Editor’s Note: In light of Steve being re-elected to the Treasury Select Committee here is a short compilation of some of last year’s highlights….
Source: http://www.alhambrapartners.com/2015/07/21/there-are-no-new-banks-dodd-frank-hits-five/ Today is the fifth anniversary of Dodd-Frank, the erstwhile government response to assure that the Panic of 2008 does not repeat. It…
Portugal’s Debts Are (Also) Unsustainable Everyone seems to be focusing on Greece these days – a country so indebted that it needs even more loans…
Source: http://davidstockmanscontracorner.com/take-cover-wall-street-is-breaking-out-the-bubblies/ Let’s see. Google’s record market cap gain on Friday was actually a squeaker. At $66.9 billion it easily passed in one day the entire $50 billion market cap…
“That men do not learn very much from the lessons of history is the most important of all the lessons of history.” – Aldous…
July 9th was the anniversary of the most famous speech of any presidential campaign. William Jennings Bryan, in a speech to the 1896 Democratic convention, declaimed…
There is a common view in financial markets that credit deflation is bad for gold prices, because gold nowadays is regarded as an asset…
I’ve had similar feelings before, though I recall being less apprehensive. The years 1999 and 2007 are etched upon my mind. The bustling of…