“By End of 2012 Silver May Triple And Gold Should Be Priced Around $3800″

By Jack Kneafsey

Here are some significant comments from a very enlightening and extensive interview with Alasdair Macleod by Tekoa Da Silva for his site Bull Market Thinking. I thought you would definitely benefit from listening to this recent interview with the highly regarded Alasdair Macleod, whom I personally respect a lot, and who has been very accurate over the Read More »

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The Dirty Secret in Uncle Sam’s Friday Trash Dump – Washington Post   “In fiscal 2011, the cost of Social Security and Medicare promises grew from $30.9 trillion to $33.8 trillion, and there is not enough wealth in America to meet those promises.”

Hormuz Blockade: Not as Easy as Iran May Think – CNBC

Voter ID: Holder Looks Through Race-Colored Glasses – Investor’s Business Daily   This guy really is revealing his true colors, and needs to resign, as he doesn’t represent the interests of a majority of Americans. An interesting irony: “When Holder went to Texas to denounce the voter ID laws of that and other states, each person entering the LBJ Library where he spoke had to present his or her photo ID in order to enter.”

Deeply Divided: New Greek Government Runs Out of Steam – der Spiegel   “Six weeks after forming a transitional government to overcome its crisis, Greece is still failing to deliver its promised reforms.”

Occupy Wall Street: How Cash Has Corrupted Congress – Daily Beast    “An Occupy Wall Street press team member explains why members of Congress keep getting richer while the rest of the country has flatlined.”

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By John Browne, Senior Market Strategist, Euro Pacific Capital, Inc

As the year draws to a close, understandable confusion reigns in the minds of many investors. While short-term indicators, such as consumer confidence, appear to beckon recovery, the longer-term strategic issues remain shrouded in the smoke and mirrors of central bank monetary manipulation. From the perspective of someone who has keenly observed global economics for more than a half century, I see little Read More »

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Jim Rogers: Little Reason for Optimism in Anything but Agriculture – CNBC

Saving the New Year – Atlantic   ”If you’re like, well, almost everybody, you’re not saving enough.”

Obama’s New Tax on the Poor: Internet Gambling by States – Christian Science Monitor

“Even the Warmists Don¹t Believe in Global Warming” – Forbes

U.S. Missile Defense Agency to Crack Down on Poor Quality – Bloomberg   Wouldn’t you have thought this was already being done?

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By Peter Morici

Americans should be thankful that the values that define America — personal liberty and individual pursuit of happiness — are increasingly embraced around the globe.

The Arab Spring and upheavals in Russia are affirmations that even more of humanity finds hope in democracy. The remarkable economic progress of Brazil, China and others are tangible proof of the power of individual enterprise and ambition.

For much of the last century, America has used Read More »

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EDITOR’S COMMENT: Here are some additional insightful comments about the supposed “fair trade” between China and the U.S. Just this past week, China announced additional tariffs of about 22% on American-made cars and sports utility vehicles. As a result, according to the NY Times, a Jeep Cherokee that costs about $28,000 here in the U.S. will now cost about $85,000 in China.
That’s seems “fair” doesn’t it?

As we’ve remarked many times, we are Read More »

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U.S. Fifth Fleet Says Won’t Allow Hormuz Disruption – Reuters

Obama Seeks $1.2 Trillion Debt Ceiling Increase – CNN   Amazingly, this will only get us through the next twelve months at our current rate of spending. New total debt will be $16.4 trillion.

The GOP’s Answer to Union Money – Wall Street Journal   “Achieving parity with the Democrats in campaign spending would be no small feat. Yet it appears possible.”

China-Japan Currency Deal Points Way to a New World Monetary Order – Bloomberg   “creditors may look more cautiously at U.S. bonds if the dollar becomes just another currency.”

Economists: Obama’s Policies ‘Fair’ or ‘Poor’ – AP/Yahoo   ‘US economists underwhelmed by Obama’s policies, pick Romney over his Republican rivals.”

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EDITOR’S COMMENT: I thought these comments were very timely, given yesterday’s announcement by the White House that it is seeking to raise the debt ceiling again by another $1.2 trillion, which amazingly will only cover our deficit spending for less than twelve months. Remember that this request is part of the debt increase that was agreed to and signed into law this past August, which allowed for a total increase in the Read More »

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Oil Price Falls as Saudis Trump Iran Threat – AP/Yahoo

The Slime of Indecision – Newsweek  “What to do about the Euro? When to do it? And to whom?”

Banks Bunker Hundreds of Billions in Deposits at ECB – Der Spiegel   “Instead of passing that money on in loans to businesses to spur the economy, European banks have redeposited the money with the ECB at low interest rates.”

Girl Scouts Book Refers Readers to Liberal Group Media Matters to Clear Up ‘Media Misinformation’ – The Blaze   Truly amazing that the Girl Scouts organization did not check on this reference, as Media Matters is really one of the leading SOURCES of MISINFORMATION!

Editorial: No Hard Times in Congress – Orange County Register   “Representatives’ net worth more than doubles during span when American median slips”

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