EDITOR’S COMMENT: In his comments, Peter Atwater has picked up on what he terms the “deteriorating social mood’ in this country. Look around, speak to your neighbors, and discuss this with your friends at dinner next time, and you’ll see and hear that he’s on to something real here. His big concern, at the moment, is that he is not concerned as much about the likelihood for high inflation, as he is concerned about Read More »
There are countless reasons, which we’ve shown in our public and subscription-based writings over time, why gold is not in a bubble.
Aside from all the empirical data, however, probably the most obvious sign that gold is not in a bubble is the fact that the media and the government keep proclaiming it to be in a bubble. The media and the government never see bubbles coming.
Just look at Mike Norman, Read More »
An American Policy of Decline by Design
By Peter Morici
Friday, forecasters expect the Labor Department to report the economy added only 67,000 jobs in August—my estimate is 63,000. Either would be much less than the 130,000 the economy must create each month to stay even with adult population growth.
Overall, GDP and employment are growing more slowly than the population, and the private sector is much smaller than before the Great Recession—even with big Read More »
By The Daily Bell
Much has been written and said about Obama, most of it less than courteous. People have accused him of much, some right, some wrong. The problem is that most citizens now consider him to be stupid because he keeps instituting repeat mistakes that failed on every level and in every way over and over again. Don’t underestimate him!
I don’t think he is stupid at all. Obama is a political Read More »
By Alan Caruba
What major weather events and especially earthquakes tell us is that we live on planet Earth on its terms, not ours. Put another way, we don’t “control” the weather or climate and, despite decades of global warming lies, compared to the sun and oceans, we don’t even influence it.
The best definition of the weather is “chaos.” It will do whatever it wants to do.
By Friday on Fox News and Read More »
EDITOR’S COMMENT: No, this isn’t about the power being lost as a result of Hurricane Irene. Rather, it is about the “Real Life Effects of a Prolonged Economic Downturn,” and includes a number of observations to help you become more prepared.
Examining the Real Life Effects of a Prolonged Economic Downturn
By Joel Bowman
Looking back (again), Addison Wiggin called it pretty well in advance in his “Hellish Financial Crisis” presentation. (Read More »
Unfortunately, we are among the many who are greatly affected by Hurricane Irene, and because of a number of fallen trees, we have no power or internet access at this time.
We are hopeful that services will be restored within the next twenty-four hours, and we expect to be fully operational on Tuesday.
Chaos in the streets isn’t far off.
By Peter Ferrara
Accelerating downward spiral. That is what I have been predicting for the Obama Administration for over two years. And now it’s happening. Events are spinning out of control.
Rising inflation is restricting the Fed’s options for keeping the economy high on monetary stimulus crack. The result? Fast developing market chaos.
On account of President Obama’s economic policies, the economy never recovered from the last recession. Now Read More »
By Jeff Berwick
The US Government’s agenda to lobotomize the majority of Americans has been an unequivocal success.
Americans now live in one of the world’s least free prison camps yet when asked they will tell you they live in the land of the free and, on top of that, they are attacking and occupying countries who did nothing to them because “they hate us for our freedom”!
They’ve been indoctrinated all of their formative Read More »
Until August 15, 1971, wealth was tallied in units of a real and natural thing – gold. It measured out the world’s other real things – its resources and its output. Its main advantage was that it couldn’t be diddled. That turned the authorities against it; they couldn’t make more of it.
Nuestra Senora de Atocha, a Spanish galleon, sank in a storm off the Florida coast in 1622. When it Read More »
