Democracy is DEAD, World War Looms - Why GOLD is Our Last Defense: Marc Faber
Marc Faber doesn't hold back in his assessment of current U.S. government policies, the destruction of democracy in Western nations, the needless wars…
Randall W. Forsyth (randall.forsyth@barrons.com) explained in a recent Barrons article that Trump Has a Big, Beautiful Reason to Push for Lower Rates. According to Forsyth, “The Federal Reserve held its policy interest rate steady this past week and maintained its median projection of two quarter-point rate cuts by year end, exactly as expected. …
My regular readers are familiar with my friend Kevin Duffy who is a brilliant analyst and macro-strategist and who is also the editor of The Coffee Can Portfolio (www.coffeecanportfolio.com), a highly recommended newsletter. He recently sent me an essay entitled, Mercantilism in America: The Trouble with Self-Sufficiency (first published at www.mi…
According to Michael Snyder “Consumer sentiment is plummeting, delinquency rates are rising, and nearly three-quarters of all U.S. consumers admit that they are ‘financially stressed’. If U.S. consumers are experiencing this much pain now, what will things look like six months from today if there are empty shelves and widespread shortages? We…
Last month, I discussed briefly the views of Murray Rothbard about The Difference Between the Market and the Bureaucracy. Subsequently I read an interesting essay by Rothbard entitled Why the Bureaucracy Keeps Getting Bigger, which is adapted from Bureaucracy and the Civil Service in the United States, which originally appeared on September 14,…
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