Are developed nations across the globe at the precipice of oblivion? Yep, says pundit John Mauldin. Fresh after the announcement of a new joint venture with Casey Research and the conclusion of his own Strategic Investment Conference in Carlsbad, Mauldin spoke to The Gold Report. He believes that investors have a small window to save their […]
Category: Economics
Bernanke: Be Humble! … “Humble” is typically not an attribute associated with theFederal Reserve (Fed), especially in light of the trillions of dollars recently printed. Yet, in his latest press conference Fed Chairman Bernanke called for humility: we must be humble in setting monetary policy! The problem is, Bernanke’s definition of the word “humble” appears […]
Washington, D.C., April 24, 2012—Without swift policy changes, America faces unprecedented government spending, debt and taxation in 2013, according to the newly released graphics from The Heritage Foundation’s 2012 Federal Budget in Pictures series.
Colombian hookers, mind readers and luxury travel – this is how government officials have been “investing” your hard earned tax dollars, if press reports are to be believed regarding three massive scandals now rocking the Obama administration.
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Why Tax Capital Gains?
Today I’m taking a break from health care issues in honor of the 16th Amendment. Income tax day is an appropriate moment to go to the heart of President Obama’s complaint about the taxes Warren Buffett and other rich people pay, or don’t pay. What the president is really complaining about is that the […]
A Response to the National Foundation for American Policy A high-immigration group called the National Foundation for American Policy has released a new report on the alleged costs of ending the current application of the 14th Amendment’s Citizenship Clause.
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Gold Collapse … the Bubble Is Pricked?
Gold prices plunge overnight – is the rush over? … Has the gold boom come to an end? The price of gold, which has climbed for years like a blood pressure reading for anxious investors, plunged overnight to its lowest level in three months. Gold fell almost $US58 to $1,614 per ounce.
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Laundered Money
Under cover of its multiplicity of fabricated wars on drugs, terror, tax evasion, and organized crime, the US government has long been waging a hidden war on cash. One symptom of the war is that the largest denomination of US currency is the $100 note, whose ever-eroding purchasing power is far below the purchasing power […]
New Arm chips herald ‘Internet of things’ … New processors from Arm Holdings use so little power they could allow a new generation of connected devices, from credit cards to light bulbs. Tiny chips could mean even credit cards can be connected to the internet … The chips, just 1mm by 1mm and powered by […]
Managing U.S. energy policy is somewhat similar to being a major league baseball general manager, working to build a stronger team and pitching staff on a very limited budget. Think of how Billy Bean would evaluate the sources of the country’s oil supply (the starting rotation), and the Strategic Petroleum Reserve (the closer), relied upon […]
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Fed Saves the Day by Sterilizing Money
Fed mulling sterilized bond purchases … Federal Reserve officials are considering a novel approach to bond buying aimed at countering some of the worry that another round of asset purchases by the central bank could fuel inflation, according to the Wall Street Journal. Citing people familiar with the matter, the newspaper reported on Wednesday that should […]
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Fed Up with the Fed
While the Fed has recently released an unprecedented amount of information on its activities, there is still much that remains unknown. Predictably, every push towards transparency has been fought tooth and nail. It took disclosure requirements enacted within the Dodd-Frank Act to get the Fed to provide data on its emergency lending facilities. It took […]