Chairman Bernanke seemed to cast his sentiment with those who think that lingering unemployment and underemployment have been caused by poor rates of growth, and not by any kind of skills mismatch. He observed that “following every previous U.S. recession since World War II, the unemployment […]
While the general level of unemployment in Europe is rising in a scary enough way (more detail here), the one really concerning data point has gone from bad to worse. When we last looked at youth unemployment in Europe, things were stabilizing a little, though at extremely lofty levels. With […]
Since 2009 we have seen the signatory central banks of the Central Bank Gold Agreement cease selling their gold. We’ve stated many times in the past that the entire exercise of selling gold by these European central banks was to support the birth and establishment of […]
World food prices jumped 10 percent in July as drought parched crop lands in the United States and Eastern Europe, the World Bank said in a statement urging governments to shore up programs that protect their most vulnerable populations.
From June to July, corn and wheat prices rose by […]
The health risks associated with radiation exposure, whether it comes from cancer treatments or medical imaging scans, are much more significant than most people probably think. The latest published data on radiation exposure suggests that roughly 25,000 Americans develop cancer every year as a result of medical radiation […]
Don’t follow Buffett because you can’t … Decoder (2:41) … Warren Buffett‘s approach to investing isn’t rocket science but it’s almost impossible for individual investors to duplicate because he uses leverage and a long-term approach that most people lack the will to follow. – Reuters
During his Jackson Hole speech on Thursday, Fed boss Ben Bernanke said the privately owned bankster cartel “will provide additional policy accommodation as needed” and may engage in more so-called quantitative easing.
“As the crisis crested, and with the federal funds rate at its effective lower bound, the FOMC [Federal […]
Last night, we reported on the Republican National Convention’s tribute video for Rep. Ron Paul, full of praise for the outspoken sorta-libertarian who has done an exceptional amount to change the conversation in Washington. The video featured various Republicans heaping praise on the outgoing congressman for his consistency, his fiscal […]
General Martin Dempsey has voiced his opposition to Israel taking unilateral military action in Iran, so why are top military leaders using caution when it comes to military action in Iran while politicians are advocating hard-line military intervention?
The US Justice Department is being sued after failing to adhere to Freedom of Information Act requests for documents on a federal surveillance program that has targeted the email and phone conversations of Americans throughout the last five years.
The Electronic Frontier Foundation, a San Francisco-based advocacy groups that fights to protect […]
Today 50 year veteran Art Cashin shocked King World News by speaking about the most disastrous economic event in the history of the United States. Cashin said, “The most disastrous thing economically that happened in this country, happened in August of 1971, when they came off the gold exchange standard.”
by Thomas Mullen, The Washington Times via Euro Pac:
Like Ron Paul, Peter Schiff was predicting the 2008 economic meltdown long before it occurred. Schiff is the president of Euro Pacific Capital, a firm that pursues investment strategies based upon Schiff’s contrarian economic analysis. Clients who took his advice over the past decade did […]
Kudos to gold and its ability to rally after what had been a stretch of fairly average action. The mini breakout by gold has broken the long running series of lower Daily Cycle tops, a positive development that will need to be sustained if we’re to see Gold begin to […]
If you could live in any state in America, where would you go? During troubled times like these, what is the best place in the United States to live? A lot of people are asking these kinds of questions. Our economy is on the verge of collapse, natural disasters […]
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