We are at last starting to shake the weak longs out of the tree. So much for fiat and other nonsense. The largest short in history is to be found in the dollar. This is a global economy, and that is not limited to the Fed and NY banks. Neither are capable of manipulating this […]

The crisis we face is the collapse of society because those in government have been greedy and lined their pockets with our labor. On average, we are approaching the $3,000 mark per household that will soon be the cost of government pensions. This is a staggering number that begins to rise exponentially. This is why […]

Everything functions in a dynamic world – not in a one dimensional vacuum. The expansion of the money supply by the Fed of $3 trillion was NOT inflationary because it took place simultaneously with a contraction in leverage (money supply) of at least $5 trillion if not closer to $7 trillion. This is different when […]

The Fitch downgrade of China’s credit rating is interesting because it is ANTICIPATING that China will have to bailout the state and local governments as well as banks. Under this approach, Europe should be downgraded to JUNK status.  Fitch downgraded China’s sovereign credit rating for the first time since 1999 because of concerns that the […]

Recently the American Civil Liberties Union under a Freedom of Information Act request got internal documents of the IRS that take the position that the IRS maintains it can read American citizens’ emails without a warrant. As always, the government agencies ALWAYS interpret their authority as broadly as possible with no regard for any constitutional rights. The […]

Judge Laura Taylor Swain in Manhattan threw out a $2.5 million lawsuit when investors tried to sue the SEC for damages because they failed to do their job when so many people warned them about Madoff. Once again, this dismissal of the suit was affirmed by the notorious court in NYC – 2nd Circuit Court […]

Several lawmakers in the United States are now considering making gold and silver coins legal tender amid fears that the Federal Reserve’s monetary policies may result in a considerably drop of the dollar value. Arizona is the main state pushing for residents to be able to use bullion as rightful currency, but several other states are […]

The primary conflict that Thatcher had was the pro-European movement. The overwhelming majority of her own government wanted to go into the Euro. She stood her ground and because of her, she saved Britain from the Euro. “We have not successfully rolled back the frontiers of the state in Britain, only to see them re-imposed […]

I find it very distasteful how the Marxists are rushing out to claim Margaret Thatcher did nothing for Britain. What have they accomplished other than lower economic growth, decline in our living standards, women do not have the right to work but the requirement to do so for a family to survive because they keep […]

If anyone ever wondered why you just cannot do business in New York, is is the proof. They illegally trade with client funds, lose a ton of money at J.P. Morgan, outside of New York, if someone steals your money and bet it on red at the roulette table in Vegas, as a matter of […]