The death of the middle class in America has become so painfully obvious that now even the New York Times is doing stories about it. Millions of middle class jobs have disappeared, incomes are steadily decreasing, the rate of homeownership has declined for eight years in a row and...
What in the world are the elite up to? In recent days, we have learned that the New York Fed is moving a lot of operations to Chicago because of concerns about what a “natural disaster” could do, the federal government is buying 62 million rounds of ammunition commonly...
Obama's campaign manager calls the Tea Party a group of "extremists", and it's that same Tea Party that is demanding a balanced budget and bringing the size of government into one of sustainability. One may draw the conclusion from Obama's 2012 campaign that Senator Marco Rubio is an "extremist"...
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The truth is that the U.S. economy has never even gotten close to recovering to the level it was at just prior to the last recession, and now the next major crisis is upon us.
But this new crisis is not going to be like the last one. It is...
After a tough 2011, the junior resource market is turning and things are definitely looking up, Resource Opportunities Publisher Lawrence Roulston tells us in this exclusive interview with The Gold Report. The mood of investors in the resource sector has turned positive, and based on the sentiment and interest...
Can you smell that? It is the smell of panic in the air. As I have noted before, when financial markets catch up to economic reality they tend to do so very rapidly. Normally we don't see virtually all asset classes get slammed at the same time, but the...
It's an iron law of nature as certain as the one about an angel getting its wings every time a bell rings or a snowstorm blanketing the area every time Al Gore comes to town to remind the carbon puffing infidels about Global Warming; every time Obama gives a...
Warren Buffett once referred to derivatives as “financial weapons of mass destruction“, and it was inevitable that they would begin to wreak havoc on our financial system at some point. While things may seem somewhat calm on Wall Street at the moment, the truth is that a great deal...