About Time! The SPENDING CUTS will go into effect! The ONLY jobs impacted will be government that COST a fortune and produce NOTHING. This will help the dollar in light of Japan and Europe. The impact on the economy comes from the rise in taxes he signed into place to start with. WHY if he […]

Did Italy fail to see reality from the bondholder’s perspective, or the real reality from the long-term viability perspective? The latest article from the Economist says Italy is jeopardizing Europe and the Euro. Perhaps it is about time since the politicians spend without remorse and then the people are expected to sacrifice their entire future […]

U.S. Supreme Court IN RE SINKING FUND CASES, 99 U.S. 700 (1878) 99 U.S. 700 (L.Ed.) SINKING-FUND CASES. UNION PACIFIC RAILROAD COMPANY v. UNITED STATES. CENTRAL PACIFIC RAILROAD COMPANY v. GALLATIN. October Term, 1878 APPEAL from the Court of Claims. Appeal from the Circuit Court of the United States for the District of California. The […]

Perhaps the two crazy theories to top the list are: (1) Canadian Tax Protesters are claiming that there is a legal person who has to file an income tax return, and then there is the natural person who the income belongs to therefore that person is not subject to income tax. The Canadian Tax authorities have […]

One reader asked: “I once, several years ago, read that the US had already printed “redbacks”, a US dollar to be used internationally; that is, the greenback would be used in the US for domestic trade and the “redback” would be used for international trade and it would have a higher value. Do you have […]

Throughout history there has been countless two-tier monetary systems where at times there have been a local currency issued by the immediate government, yet the people rely upon the currency of another government. Such periods are interesting for they are not official but emerge by the people rather than through a decree of a government. […]

It is vital to understand that what we face is by no means the plain vanilla version of governments just printing into hyperinflation. These people are fighting back as is ALWAYS the case with core and major economies. The German hyperinflation took place AFTER a revolution with a unstable government that lacked credit. When there […]

“I think you’re a positive influence to many more then you think, and I know they hope you stay the course.  A lot of my friends read your work and appreciate it.  There’s always going to be haters, and who knows why and who can explain them??  I’ve observed my life that some people simply […]

The chaos in gold is typical. Already, the hate mail has begun. “Stop the Bullshit” one said because demand in Shanghai is at record highs.It takes far more than one country to make a bull market. Others just blame me for the decline because they just listen to those who always say buy. The New […]

The Dow Jones Industrials have only reached 14102. They have not yet exceeded the 2007 high. Nonetheless, the market is paused for significantly higher highs and for now we are still in a staging position. Today should have been a Directional Change and the Dow backed off. Still, we face a lot of volatility building […]