Gold, Silver, Copper, Nickel and the Slow Death of Money
A huge opportunity to hedge against both inflation and deflation is lying out there in the open. There are no transaction costs and right now there’s even a built-in...
How Savings and Investment Increase an Economy’s Output
Everyone who has held a job and a bank account understands the potential benefit of postponing consumption today in order to enjoy greater consumption in the future....
Answering Krugman on Austrian Economic Theory
I still get the sense that Krugman truly doesn’t understand the Austrian position. For example, he asks, “Why is there overwhelming evidence that when central...
How Not to Stop a Terrorist
As Glenn Greenwald predicted, terrorists have attacked the next most logical target. A suicide bomber has caused the death of nearly three dozen people in Moscow’s...
The Evils of the Drug War
Most everyone is familiar with the disastrous consequences of the war on drugs: drug gangs, drug lords, drug suppliers, gang wars, muggings, robberies, thefts,...
Watching Paint Dry
January Crude closes virtually unchanged on the day but as we’ve hinted in recent blogs we think there is more work to be done on the downside. The “whippiness”...
Gold Backs Off High, But Overall Uptrend Remains in Place
February Comex gold futures prices have backed down from the early-December all-time record high of $1,432.50 an ounce. Profit- taking and position-evening as the...
A National Debt That Will Never Be Repaid
As you read this, the U.S. government owes just a sliver under $14 trillion dollars to various suckers who’ve lent it money. And it wants to borrow more. Timothy...
Forget Buying in the Suburbs and Go Rent in the City
It’s getting more expensive to live in Baltimore….at least if you’re a renter. According to a recent article in the Baltimore Sun rents are up more than 6%...
Are You Being Watched?
Do you remember the good old days the when it used to be illegal for governments to spy on their citizens? I don’t either… but I’m told that it used to...
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...
We Are All German Jews Now
The introduction of so-called porno scanners at America’s airports and the egregious pat downs of airline travelers have turned every American into a German Jew....

