Inflation: The Only Tool Left

  Any perusal around the world these days features Southern Europe crippled, preparing for the inevitable Greek Govt Bond default. It features a crippled US housing market, a mockery of statistical accounting in the US Gross Domestic Product, the...

Inflation onDemand & Along the ‘Continuum’

Global markets are in the midst of a predictable relief rally to the technical bear market that recently became actualized off of various topping patterns that were in force for most of 2011.  It is important to note that...

Bankrupt Greece Blackmails Europe, Bailout or Euro Zone Dies, Global Financial System Collapse

  The Greek population is in constant revolt with another 48 hour national strike underway against ever expanding announcements of economic austerity though to date little of which has actually been implemented and therefore risks at the very a...

The Pimco Treasury Sale Conundrum…Or Is It?

By now everyone knows that Bill Gross/Pimco has sold down his/its Treasury exposure to zero.  Rather than ask “why,” quite frankly, my question has been “why did it take so long?”   In other words, anyone who knows anything about...

Why Won’t Bernanke Come Clean on Glut?

Perhaps the greatest mystery in the world of finance and economics is why Fed Chairman Ben Bernanke refuses to acknowledge that paper money creation by central banks produced the “global savings glut” which, according to him, destabilized the global...

No inflation?

(Note:  I wrote this last night.  This morning I found a great post from James Turk on Eric King’s blog: “I’m often asked by people when do I think they should sell their gold? I tell them this time...

Sovereign Debt: a Threat to the Entire Financial System

We like to ask cab drivers about the economy. Not that they understand anything any better than the average central bank economist. But they talk to people. Without cameras or tape recorders in the background. And they have their...

Losing Faith in Paper Money

..I was planning to go into a bizarre and irrational rant against JP Morgan for its obvious scam of manipulating the silver market by massive naked-short positions, and including in my Loud Mogambo Diatribe (LMD) the scumbag government and...

Why Rising Rates are Super-Bullish for Gold and Silver

Heading into 2011, the consensus outlook on precious metals is slightly positive but the consensus believes that higher interest rates will ultimately support the US currency and in turn engender a move out of Gold. The Gold naysayers are...

What Gold Really Means for the Economy/Investors at $1,400

As a gold bug (I officially turned bullish on gold bullion in 2002), I see every weakness in the price of gold as an opportunity to buy more gold-related investments.....