Subscribe to RSSIllinois is No Peter Pan
“I’ll never grow up, never grow up, never grow up, Not me!” – Peter Pan, Lyrics from play “I knew Peter Pan and you’re no Peter Pan.” – Vice-Presidential...
The Last Angry Man’s Problem With IMF Gold Sales
Adrian Ash of BullionVault.com writes that “the International Monetary Fund said it has completed the gold bullion sales program begun in October 2009,” and...
Investors to Silver: “Let’s Get Physical”
The scramble for physical gold and silver is intensifying. People increasingly want to own the real thing, and not some paper substitute, all of which comes with...
There is No Food Inflation; the BLS Made Sure of That
“Moreover, inflation has been declining and is currently quite low, with measures of underlying inflation running close to 1 percent… In this environment,...
Yeah, Thanks A Lot!
This week, Americans sit down in their sturdy chairs to enjoy a national feast. Businesses are shut down. Congress is adjourned. For one day at least, citizens can...
Myriad Responses to the Global Financial Crisis
Yes, dear reader…we are on the job. Reckoning away… And we are spoiled for choice this morning…so much to reckon with. First, let’s begin with...
Looking Back on the Grasshoppers’ Indian Summer
It was as though the winter would never arrive. The slumbering summer stock markets of 2010 lept to life. September recorded the best market month since 1939. In...
Why Fed Meddling is Only Prolonging the Financial Crisis
Here’s the story: The Irish caved in. Apparently, they negotiated a deal. They’re going to go for a bailout. This was all it took to bring stock market investors...
All Eyes On the Fed: Awaiting Bernanke’s Decision
The world waits… Stocks barely budged this week. Gold bobbed around like an anchorless sailboat, adrift in a vast ocean of guesses, speculation and rumor....
Markets React to the Death of Néstor Kirchner
The city is deserted. Shops are closed. Cafés are empty. Parks and playgrounds stand idle, their trees and swings blowing gently in the soft spring breeze. Today...
What’s the US Gold Stash Game Plan Anyway?
In November’s new issue of The Atlantic, James Picerno poses the question of why, given such lean times, “is $300 billion worth of government treasure simply...
The Duck-Like Noise of a One-Legged Economy
In my email I got a forwarded essay titled “Profit from the Collapse of Debt-Fueled Growth” by a guy named Jim Quinn. It was immediately interesting to me, as...
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