Monty Pelerin's World

Economic, Financial and Political Analysis

Archives for November, 2011

History Captured

For those who want to see what it was like 70 years ago, these pictures were taken from color slides found at the Library of Congress.  They are dated between 1939-1943. The pictures are so clear and the color is so vibrant, it looks as though they were taken just yesterday. http://extras.denverpost.com/archive/captured.asp

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Don’t Invest, Gamble!

Phoenix Capital Research has a very negative outlook on the near term. Their outlook is similar to my own (my emphasis added): We have been getting MAJOR warning signs of a collapse for months now. No less than the Bank of England, the IMF, and legendary asset management firm Franklin Templeton have warned that we [...]

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A Scathing Indictment of Society, Our Financial Culture and Our Government

My only comment is to read this piece and then re-read it. It conveys properly what much of our society has become. BCM HAS CEASED OPERATIONS  POSTED BY ANN BARNHARDT – NOVEMBER 17, AD 2011 10:27 AM MST Dear Clients, Industry Colleagues and Friends of Barnhardt Capital Management,It is with regret and unflinching moral certainty [...]

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“Buying Gold Is Just Buying A Put Against The Idiocy Of The Political Cycle. It’s That Simple!”

From Kyle Bass comes this nugget: “Buying gold is just buying a put against the idiocy of the political cycle. It’s That Simple”    

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Humor — Too Big To Jail

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