'Obama hates business' is an idiotic distraction. Also: It's wrong … What's gnawing at me is this throwaway line in an editorial from the Economist about the very real problem of slower macroeconomic growth. In reference to an alleged spate of "anticompetitive regulations," the magazine labeled President Obama "…the least business-friendly president for d...Read More
China's terrifying debt ratios poised to breeze past US levels … The China-US sorpasso is looming … The sorpasso may instead be the ominous moment when China's debt ratios overtake the arch-debtor itself … A a new report from Stephen Green at Standard Chartered argues that China's aggregate debt level has reached 251 per cent of GDP, as of June. – UK TelegraphDo...Read More
Americans hate Congress. They will totally teach it a lesson by not voting … Americans are angry at Congress – more so than basically ever before. So it's time to throw the bums out, right? Well, not really. In fact, Americans appear prepared to deal with their historic unhappiness using perhaps the least-productive response: Staying home. – Washington PostDominant Social The...Read More
China's terrifying debt ratios poised to breeze past US levels … The China-US sorpasso is looming … The sorpasso may instead be the ominous moment when China's debt ratios overtake the arch-debtor itself … A a new report from Stephen Green at Standard Chartered argues that China's aggregate debt level has reached 251 per cent of GDP, as of June. – UK TelegraphDo...Read More
Americans hate Congress. They will totally teach it a lesson by not voting … Americans are angry at Congress – more so than basically ever before. So it's time to throw the bums out, right? Well, not really. In fact, Americans appear prepared to deal with their historic unhappiness using perhaps the least-productive response: Staying home. – Washington PostDominant Social The...Read More
The dollar's 70-year dominance is coming to an end … Within a decade, greenback's could be replaced as the world's reserve currency … The dollar's hegemony continues to be cemented by the operations of the International Monetary Fund and World Bank. Founded at Bretton Woods, they're both Washington based, of course, and controlled by America, despite some Francophon...Read More
Strange Bedfellows: … Silicon Valley Techies Like Conservative Senator Rand Paul … There's a new app in Silicon Valley — conservatarianism. It's the app that conservative Senator Rand Paul is pushing. He wants to join forces with local techies. But how can technology and liberty flourish side by side? Paul's answer, "shrink government." … Recent polls...Read More
The dollar's 70-year dominance is coming to an end … Within a decade, greenback's could be replaced as the world's reserve currency … The dollar's hegemony continues to be cemented by the operations of the International Monetary Fund and World Bank. Founded at Bretton Woods, they're both Washington based, of course, and controlled by America, despite some Francophon...Read More
Strange Bedfellows: … Silicon Valley Techies Like Conservative Senator Rand Paul … There's a new app in Silicon Valley — conservatarianism. It's the app that conservative Senator Rand Paul is pushing. He wants to join forces with local techies. But how can technology and liberty flourish side by side? Paul's answer, "shrink government." … Recent polls...Read More
Republicans want to control, not end, the Fed … The Republicans' latest plan to rein in the Federal Reserve is, to damn it with the faintest of faint praise, their smartest yet. But it's still nowhere near convincing. It might be hard to believe, but Republicans weren't always so suspicious of the Fed's efforts to revive the economy. As Paul Krugman points out, you only have...Read More
Federal government moves to reduce sentences of 46,000 drug offenders … The U.S. Sentencing Commission voted Friday to slash the sentences of 46,000 inmates serving time for drug offenses, the latest move by federal officials to ease decades-old policies that have clogged the nation's prisons. If the decision is not blocked by Congress, nearly half of federal prisoners incarcerated for d...Read More
Republicans want to control, not end, the Fed … The Republicans' latest plan to rein in the Federal Reserve is, to damn it with the faintest of faint praise, their smartest yet. But it's still nowhere near convincing. It might be hard to believe, but Republicans weren't always so suspicious of the Fed's efforts to revive the economy. As Paul Krugman points out, you only have...Read More
Federal government moves to reduce sentences of 46,000 drug offenders … The U.S. Sentencing Commission voted Friday to slash the sentences of 46,000 inmates serving time for drug offenses, the latest move by federal officials to ease decades-old policies that have clogged the nation's prisons. If the decision is not blocked by Congress, nearly half of federal prisoners incarcerated for d...Read More
This video is about Caulfield Grammar Year 9A v St Kevins - 19 July 2014Read More
Author John Rubino discusses the bursting of the financial bubble by the pandemic and how long governments and central banks can continue to extend the life of the economy with bailouts, deficits, money printing, and negative interest rates. He also gives his take on the US dollar, digital national currencies, the coming monetary reset, precious metals, the potential for civil unrest, and how indi...Read More
Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound money, personal liberty, free markets, and international peace throughout his political career...Read More
Most of us expected equity markets to retest the March lows, but markets have defied that rationale. Markets are drawing support from extraordinary injections of liquidity from the Central Bank but the markets were overvalued prior to the outbreak of the pandemic, so correction from higher levels has been seen. In the USA, equity markets have gone up sharply, bond yields have moved to unprecedente...Read More
Gold and silver prices' upwards trajectory looks promising as long as central banks around the world continue to provide accommodative monetary policy; gold is headed to new all-time highs while silver has 30% more room to grow within a year, according to Todd Horwitz of BubbaTrading.com."Silver also looks great. I would expect silver to make a run at $25 before it's all over," he said. "$25 silve...Read More
0:00 Introduction1:02 Significance of Sprott Inc.'s recent NYSE listing?3:01 Will Sprott Lending be as profitable in a bull market as it was in the bear market?5:16 Discount rate used when analyzing development projects?7:51 When should a junior gold miner list on one of the large NY exchanges?12:31 Discussing quality management teams14:58 Trading Gold Stock Promotions Can Be Extraordinarily Profi...Read More
1. Markets reverse sharply lower yesterday afternoon after California Governor Newsom closed indoor businesses. This news sent the markets tumbling late in the session yesterday. Remember, the state of California is the 5th largest economy in the world. This type of thing happens every options expiration. 2. Bank earnings are starting to be reported. Earlier today, JPM, WFC and C all reported earn...Read More