Here’s an article posted by the above magazine that I found so off base, I just had to respond: http://aznow.biz/finance/current-economic-crisis#comment-1802 My Response: I’m sorry, but your argument is not factually accurate nor does it hold water. The U.S. owe over $4.6 Trillion to foreign countries. While a much larger portion of their debt is internal [...]
Someone Isn’t Buying It
Continue Reading →An excess of available credit inevitably leads to an economic collapse. The events of the 2008 global financial crisis are evidence of this. But easy access to credit can only exist in the absence of the perception of risk. Our model of centralized banking has created a moral hazard in an otherwise efficient private sector. [...]
Continue Reading →By now, almost everyone is familiar with the Occupy Wall Street (OWS) movement. It has spread globally and is often know locally as occupy “insertcitynamehere” in major cities. Yet none of us really know what their clear objectives are. As it turns out, neither do most of the protestors. What we do know is [...]
Continue Reading →First they came for the communists, and I didn’t speak out because I wasn’t a communist. Then they came for the trade unionists, and I didn’t speak out because I wasn’t a trade unionist. Then they came for the Jews, and I didn’t speak out because I wasn’t a Jew. Then they came for me [...]
Continue Reading →The markets have certainly sold off lately and there are few places left to hide. Some are saying it’s a repeat of 2008 happening. It’s going to be far worse I’m afraid. Sorry to be the bearer of bad news. It’s interesting to listen to “experts” from both the inflation and deflation camps explain what [...]
Continue Reading →Article By Charles Payne, CEO & Principal Analyst These days there seems to be a new shocking poll out every day, but there was news this morning from Gallup that speaks volumes about why the economy isn’t moving. When asked the best long-term investments the reply was overwhelmingly…gold! This is incredibly interesting stuff, but says [...]
Continue Reading →I’ve had a few debates lately over the future price of Gold. Many people can’t believe it will continue to climb as it’s risen for 11 straight years already and has recently gone almost parabolic, exceeding $1,900/oz before correcting back to the $1,700 level. I hear from people who already own gold wondering if they [...]
Continue Reading →I’m sure you’ve already heard by now that Steve Jobs resigned as CEO of Apple today,with former COO Tim Cook replacing him. You can read the full story here . I have to say that I’m not overly surprised at the move, given his health and extended absence for the past several months. That being said, [...]
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