Extreme Couponing: Desperate Economic Times Call For Desperate Measures

The Economic Collapse May 31, 2011 Even in the midst of a horrific economic decline, there are tools that all of us can use to make the most of our limited resources.  This includes doing some things that many of us never imagined that we would do.  A couple of months ago I never would [...]

Offshoring has Destroyed the US Economy

These are discouraging times, but once in a blue moon a bit of hope appears. I am pleased to report on the bit of hope delivered in March of 2011 by Michael Spence, a Nobel prize-winning economist, assisted by Sandile Hlatshwayo, a researcher at New York University. The two economists have taken a careful empirical [...]

How Governments Distort the Value of Money With or Without a Gold Standard

Joel Bowman Speculation is not the same as gambling. As our good friend Doug Casey, a perennial favorite at the Agora Financial Investment Symposium, likes to say, speculation is the act (some might say “art”) of “capitalizing on politically caused distortions in the marketplace.” Consider, for example, the recent housing bubble…and its subsequent bust. We [...]

The Government Is Actually Destroying Jobs

Whisky & Gunpowder The last few years as an executive in a manufacturing company gave me a frighteningly close look at the inner workings of regulators in our government. Maybe I’m just naïve, but what I discovered was shocking. In the past, I realized our leaders were disingenuous when they spoke about “creating jobs” and [...]

Turning Points of Empire’s End?

Anthony Wile It was all over the news yesterday that Secretary of State Hillary Clinton and Adm. Mike Mullen, chairman of the U.S. Joint Chiefs of Staff had paid an unannounced visit to top Pakistani leaders. As the DB reported in an editor’s note, Clinton made a fairly startling statement once she was there. “There [...]

79 Senators vote to trash the Constitution: The “War of Terror” on the US grows

If you haven’t received the memo yet, let me update you on your status as it pertains to the Constitution and your civil liberties; you have neither.  79 Senators who snickered as they swore an oath to uphold and defend the Constitution of the United States, voted to render you guilty in advance, with no [...]

The Great Entitlement Abyss and the Debt Ceiling

Dr. Michael A. Berry So why are we where we are? Well it’s really very simple. Over the years since the tremendous pain of the Great Depression this country has become an entitlement country. It all began with FDR’s “safety net” in the 1930s. This sense of American entitlement is entirely inappropriate in the global [...]

1/2 boy 1/2 man

Marilyn vos Savant If you read this, you WILL forward it on. You just won’t be able to stop yourself. The average age of the military man is 19 years. He is a short haired, tight-muscled kid who, under normal circumstances is considered by society as half man, half boy. Not yet dry behind the [...]

The Door Is About to Shut for Americans

Jeff Berwick Anyone aware of the US Government’s real financial situation knows that time is running out. The Government has $15.5 trillion in admitted debts but those debts, when calculated under Generally Accepted Accounting Principles (GAAP), or ‘honest accounting’, is over $70 trillion. $70 trillion divided by 300 million+ Americans works out to $233,000 per [...]

Biggest Inflection Point of the Year

Chris Puplava Typically there are a few major inflection points in the year where assets either switch gears and reverse their prior trends or undergo an acceleration of their current trend. One of the key themes that have often marked these inflection points over the last few years is the general trend of the USD. [...]