Monty Pelerin's World

Economic, Financial and Political Analysis

Archives for February, 2011

“Conditions are Spinning Out of Control”

For those foolish enough to fall for the government propaganda that a recovery is underway, caution and reconsideration are in order. All that governments have left is to promote the illusion of a recovery. They have exhausted their money, creditability and citizens’ patience. Gerald Celente described their actions: From the onset of the financial crisis [...]

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Marc Faber Interview: “We are Doomed”

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Modern Government

An email sent by a reader conveys all you need to know about the efficiency and forthrightness of current government: All you Need to Know about non-partisan US Government and Bureaucracy: ** Pythagorean theorem: ……………………………………………….. 24 words. ** Lord’s prayer: ……………………………………………………………. 66 words. ** Archimedes’ Principle: ……………………………………………….. 67 words. ** 10 Commandments: ………………………………………………….. 179 words. [...]

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Silver — Over or Under-Valued?

From the Daily Reckoning is this perspective on Silver. Whether it is over or under valued is your call. However, these numbers provide one basis for making a judgment. How Much More Demand Can Silver Handle? by Jeff Clark The numbers for silver demand are starting to make some market-watchers nervous. The US Mint sold over [...]

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Who is to Blame for our Mess?

It pains me to watch my country deteriorate. As many know, I consider our condition past the tipping point in terms of economics, politics and simple mathematics.  This condition did not develop overnight or in the last couple of years. It has been coming on for a very long time. What has happened recently is [...]

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