Jul 28

And That’s a GOOD Thing??

The past year has seen a long list of “XYZ is at its highest level since XXX” announcements. Some notable…

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Jul 24

Happy Markets in an Unhappy World

The old Dickens quote “It was the best of times, it was the worst of times” is pretty much always…

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Jul 19

Edward Snowden Towers Over His Enemies

The Guardian just ran an interview with Edward Snowden, the former NSA contractor who blew the whistle on perhaps the…

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Jul 17

They’re Lying To Us, Part 4: Fake Pensions

Most people learn by the age of 10 or so that making promises is easier than keeping them. That’s why…

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Jul 9

They’re Lying to Us, Part 3: The Fake

For the average person trying to decide how to feel about the economy, the single biggest data point is the…

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Jul 8

This Is Disgusting — And the Food Sounds

It is by now generally understood, at least in the sound money community, that inflation is much higher than the…

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Jul 1

Debt Makes You Dumb, Part 2: Borrowing Just

As incomes stagnate and prices rise, a growing number of Americans face a tough choice: either descend a couple of…

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Jun 25

They’re Lying To Us, Part 2: GDP

Today the US took its next-to-last stab at calculating First Quarter GDP, and the downward revision was impressive even by…

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Jun 23

Gold Bugs’ Hearts Are Beating Faster

Last Thursday was the kind of day that precious metals investors have been waiting (and waiting and waiting) for. Gold…

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Jun 17

They’re Lying To Us, Part 1: Unemployment

One of the frustrating things about the monthly US jobs report is the way everyone focuses on the wrong number.…

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Jun 16

We Are So Not Prepared For Another Oil

In one sense, energy doesn’t matter all that much to what’s coming. Once debt reaches a certain level, oil can…

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Jun 9

The Bubble is Back

For all those analysts (including this one) who thought the debt binge of the previous decade marked end of the…

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Jun 5

Welcome to the Currency War, Part 16: Interest

This morning the European Central Bank tried something different. As Bloomberg reported: Draghi Takes ECB Deposit Rate Negative in Historic Move The…

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Jun 2

Is THIS The End?

Eventually, every finance geek learns that calling market tops — at least publicly — is so hard that it’s not…

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May 30

U.S. GDP Even Worse Than It Looks, Again

As expected, the US revised the most recent quarter’s GDP from barely positive to sharply negative today. But once again…

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May 27

Political Earthquake in Europe

One of the last remaining impediments to total global domination by the banks and their politicians is the quaint tradition…

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May 24

Why We’re Ungovernable, Part 9: Crime Becomes Growth

Ah, the Italians. They’re good for at least one entry in the “Why We’re Ungovernable” series each year, and their…

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May 20

Welcome to the Third World, Part 15: Insurance

One would think that great health coverage would be a basic perk of working for an insurance company, but those…

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May 17

Amazingly Deceptive Headlines, Part 1

Reporters and their editors (and the corporations that employ them) have the power to shape readers’ perceptions by, for instance,…

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