DailyReckoning.com

I was amused at the title “Cash Drains From Treasury as Republicans and Democrats Dither” by Terence P. Jeffrey, who is the author of the book Control Freaks: 7 Ways Liberals Plan to Ruin Your Life….

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 economy and led to the crisis of 2008…

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 own businesses too. When times are good, people take cabs. When they are bad, they take the bus.

..I was intrigued by an essay titled “What You Need to Know About Buying Silver Today”‘ which came as the result of Jeff Clark, of Big Gold, being interviewed by The Daily Crux…

..Being a Big Silver Buff (BSB) like I am, I note the ups and downs of silver. Lately, it’s been mostly the downs. This strange downtrend in the silver price makes me look like an idiot after I…

..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…

Gold begins a new week up a touch from where it ended last week. The spot price as we write is $1,348. Silver is off a few pennies, to $27.45.

It’s a new decade. Time for a new thought. A new idea. A new theme.

Junior Mogambo Ranger (JMR) Charles C. sent me a YouTube video of DrinkingWithBob talking about how New York is full of corrupt government crap that is eating New York .

When I came in and turned on the currency screens, this morning, I saw that the Aussie dollar (AUD) has fallen about 1-cent overnight.

he Jobs Jamboree on Friday didn’t turn out to be as robust as the “experts” forecast, as jobs created totaled 103,000 far less than the 170,000 that was forecast

Wall Street has been calling gold a bubble since 2005 when it hit $500. Some media naysayers remained negative even as they wrote the headlines proclaiming record highs and saw gold rise almost 30 percent in the past 12 months.