Editor’s Note: In today’s interview Alex Daly talks with former Reagan budget director David Stockman about Austerity, the FED, housing, debt, the economy, the stock market, bonds, and much more. Here are a few of David’s excellent quotes from the interview: [The FED is] being run by people who are clueless as to how to get […]
Interview with David Stockman Read More »
Things Are About to Get Much Worse for Energy Firms in Argentina – Interview with Sam Logan Angering Spain by seizing and nationalizing a majority of Repsol’s shares in YPF and ramping up the rhetoric over the Falkland Islands as exploration deals promise to make the territory a major oil player overnight, Argentina is making
Things Are About to Get Much Worse for Energy Firms in Argentina Read More »
Central-Bank Gold-Buying By Jeff Clark, Casey Research Doug Casey told me in January, “The only thing that scares me is that central banks are buying a lot of gold; they’re historically contrary indicators.” When it comes to buying gold, central banks have such a poor timing record that they’re frequently joked about as a contrary
Does Central-Bank Gold-Buying Signal the Top Is Near? Read More »
Tax Deferred Retirement Income Being able to live a comfortable life once you retire is easier said than done in today’s economy. Many people who thought they were going to be able to retire were caught off-guard when the financial markets took a turn for the worse. While there are many different investing strategies that
Tax Deferred Retirement- 401k, IRAs and More Read More »
How is the Keystone XL Oil Pipeline Progressing? Four and a half years of studies and five failed votes in the House later, exactly where are we with the Keystone XL Oil pipeline? Stuck on the US-Canadian border where it is likely to remain until mid-2013 despite the headline-grabbing issuance of one of three permits to
How is the Keystone XL Pipeline Progressing? Read More »
Editor’s Note: Although this article specifically mentions events in the U.K. it is equally applicable to events and situations in the U.S. I just finished reading best selling author Michael Lewis’ excellent book The Big Short: Inside the Doomsday Machine which fully details the inside workings of the U.S. SubPrime Bond market that led up to the 2008
Forensic Accounting the Solution to the Financial Crisis Read More »
These days, when we hear about “debt” in the news media, it is often Greece’s debt that is the topic of discussion. According to the media it seems that Greece’s debe must be way out of proportion with the rest of the world. Many experts believe that no matter how much austerity is imposed Greece will never be able to repay
Debt in Relation to Gross Domestic Product Read More »
Unmanned Drones Dale Sinner, International Man “We could be pets, we could be food, but all we really are is livestock.” – bearded man in John Carpenter’s 1988 SF film“They Live” There is an oddly prophetic little scene in the science fiction movie They Live, filmed more than 20 years ago. In it, an alien
Unmanned Drones- 30,000 Reasons to Get Out Read More »
What do Bertrand Russell, Warren Buffett, Charlie Munger, George Soros, Winnie Mandela, Bono, and George Bernard Shaw all have in common? The Rising Trend of Socialism- By Rex van Schalkwyk, Casey Research In politics, it is the idea that counts. So also in philosophy, pop music, pedantry and philanthropy. The idea is everything. And between the idea
Rising Socialism Around the World Read More »
What about Tax Deferred Retirement Accounts? According to Investopedia: The most common types of tax-deferred investments include those in individual retirement accounts (IRAs) and deferred annuities. By deferring taxes on the returns of an investment, the investor benefits in two ways. The first benefit is tax-free growth: instead of paying tax on the returns of
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