Finance

The Markets, Currency, the Transfer of Wealth and anything else that affects your wallet.


Calm Before The Storm

By Peter Schiff Euro Pacific Capital October 19, 2017   Calm Before The Storm     In light of the 30-year anniversary of the Black Monday Crash in 1987 (when the Dow lost more than 20% in “one day”, we should be reminded that investor anxiety usually increases when markets get to extremes. If stock prices […]

Should the current mother-of-all bubbles pop, for investors and the Fed it won’t be third time’s the charm, but three strikes and you’re out.

Market legend Art Cashin remembers Black Monday 30 years later

Market legend Art Cashin remembers Black Monday 30 years later

By Against Crony Capitalism October 19, 2017   Market legend Art Cashin remembers Black Monday 30 years later     I like Art Cashin. I used to read his morning column when I was a fresh faced broker at UBS. I remember him wearing a “Dow 10,000” hat that he first got as the Dow pushed […]


Washington Is Destroying American Power

By Dr. Paul Craig Roberts Paul Craig Roberts.org October 19, 2017   Washington Is Destroying American Power     Readers at home and around the world want to know what to make of the announcement that China henceforth will conduct oil purchases and sales in gold-backed Chinese currency. Is this an attack by Russia and China […]

Dr. Paul Craig Roberts

The Numbers Are in: Social Security Robs the Working Poor

The Numbers Are in: Social Security Robs the Working Poor

By Tom Eddlem Foundation for Economic Education October 14, 2017   The Numbers Are in: Social Security Robs the Working Poor The Social Security Administration’s own numbers reveal that a private investment pays more than Social Security.     Back in 2011, investment guru Warren Buffett famously complained in the New York Times that his […]


Should Puerto Rico Default?

By Peter G. Klein Mises Institute October 9, 2017   Should Puerto Rico Default?   Donald Trump caused a stir this week by suggesting that Puerto Rico’s massive $73 billion public debt should be “wiped out.” Puerto Rico narrowly avoided default with an interest payment this summer but the debt is a huge long-term problem for the […]

Should Puerto Rico Default?

Central Banks at Risk of Default?

Central Banks at Risk of Default?

By Martin Armstrong Armstrong Economics October 4, 2017   Central Banks at Risk of Default?     Central banks do not play games with the markets but it sure feels like we are being played by someone! Earlier this year the Bank of Japan, Federal Reserve and the European Central Bank all had similar balance sheets at around […]


Is Population Decline Catastrophic?

By Peter St. Onge Mises Institute October 4, 2017   Is Population Decline Catastrophic?   In the 1970’s we heard the earth was going to get so crowded we’d be falling off. Now the panickers have flipped to population decline. They were wrong in the 70’s, so are they wrong again? Is a declining population catastrophic? […]

Is Population Decline Catastrophic?

The Equifax Executive Who Oversaw Security Also Approved Last-Minute Stock Sales

The Equifax Executive Who Oversaw Security Also Approved Last-Minute Stock Sales

By Ashlee Kieler Consumerist October 2, 2017   The Equifax Executive Who Oversaw Security Also Approved Last-Minute Stock Sales     Right before Equifax revealed that it had failed to secure the information of some 143 million Americans, some company executives sold off nearly $2 million in Equifax stock — a move that is currently under investigation. […]


Hard Assets In an Age of Negative Interest Rates

By Marcia Christoff-Kurapovna Mises Institute October 2, 2017   Hard Assets In an Age of Negative Interest Rates   Time is the soul of money, the long-view — its immortality. Hard assets are forever, even when destroyed by the cataclysms of history. It is the outlook that perpetuated the most competent and powerful aristocracies in continental […]

Hard Assets In an Age of Negative Interest Rates

Surviving The Coming Bond Crash

Surviving The Coming Bond Crash

By RPI Staff Ron Paul Institute September 30, 2017   Surviving The Coming Bond Crash   Central banks have created a worldwide bond bubble that threatens to destroy economies and nations. US and global debt skyrockets. The financial system on life support. Investment advisor Michael Pento  joins today’s Liberty Report to tell us what to expect […]


Yellen: The Economy May Be Weaker than We Thought

By Ryan McMaken Mises Institute September 29, 2017   Yellen: The Economy May Be Weaker than We Thought   Janet Yellen this week cast doubt on the Fed’s announced plan to continue Fed rate hikes and reverse its years of “unconventional” monetary policy. “My colleagues and I may have misjudged the strength of the labor […]

Yellen: The Economy May Be Weaker than We Thought

A half-century ago, the feds controlled about one-quarter of the economy. Now, they’ve got abou

Trump Can’t Stop America From Going Broke

By Bill Bonner Bonner & Partners September 27, 2017   Trump Can’t Stop America From Going Broke     POITOU, FRANCE – From comedy… to farce… to tragedy. We laugh. We guffaw. And then we wish we hadn’t bought a house in inner-city Baltimore. Already, in Charm City, police helicopters peer into our windows… sirens wail […]


When Billionaires Build Stadiums, Taxpayers Get Whacked

By Against Crony Capitalism September 26, 2017   When Billionaires Build Stadiums, Taxpayers Get Whacked     The NFL is deeply crony. Hey taxpayers – pay for my stadium. Thanks. What? You want “free” tickets? Ha! That’s funny. Don’t you know nothing’s free? Don’t worry though. You can look at the stadium you built me on […]

When Billionaires Build Stadiums, Taxpayers Get Whacked

The Agony of the Welfare State, Finnish Style

The Agony of the Welfare State, Finnish Style

By Joseph T. Salerno Mises Institute September 25, 2017   The Agony of the Welfare State, Finnish Style   The title of this post—minus the reference to Finland—is shamelessly copped from a prescient essay that Ludwig von Mises wrote in 1953.  In his article Mises pointed out that in Great Britain and Europe, the system of progressive taxation […]


Petrodollar Under Attack

By Darius Shahtahmasebi The Anti-Media September 21, 2017   Petrodollar Under Attack     Once upon a time, the U.S. dollar was backed by the gold standard in a framework that established what was known as the Bretton-Woods agreement, made in 1944. The dollar was fixed to gold at a price of $35 an ounce, though the dollar […]

Petrodollar Under Attack