One of the most frequent questions I am asked in these times is how to get money out of the country. For those concerned about moving money where it cannot be confiscated by the government, Terry Coxon offers some advice on Financial Sense: EXPATRIATE YOUR WALLET Submitted by Terry Coxon on [...]

Why should we expect the Federal Government to not manage itself any differently than it attempted to manage the economy? As it destroyed the economy, so it is using the same excesses to destroy itself. Doug Noland provides the details below. My emboldening was added in the last paragraph. Doug [...]

John Mauldin is one of the more incisive analysts around. He is a thinker focused on long-term trends and their implications for investment policy. He is one of my favorite reads. This week’s piece is probably his best in a long time. It is entitled The Debt Supercycle and deals [...]

As you know, the battle between those expecting inflation and those expecting deflation goes on as our economy shows signs of both. For those who believe inflation will eventually win out (and I am in this camp) or that the U.S. dollar will continue to deteriorate in value (ditto here [...]

That the US is going broke is no longer a moot point for many. The signs are everywhere; the mathematics too obvious. To understand the latter, see The Continuing Spiral to Bankruptcy, Spiraling to Bankruptcy or Welfare States R.I.P. The timing and the manner in which this plays out is not easily forecasted. [...]

For those who worry about a single world currency (and a single world government), the Daily Bell speculates on how the IMF might turn their SDRs into that world currency. Interestingly, they believe that gold might provide backing for the SDRs. How could the IMF manipulate these two distinct currency [...]

Joel Bowman of the Daily Reckoning opines on the European “fix:” “This isn’t over yet, fellow reckoners. Not by a long shot. (As we were writing these words, in fact, news that the leader of Spain’s largest union will call a public sector strike was just coming across the wires.) [...]

Ron Paul Schools CNBCThe Banking System is a Fraud and a Ponzi Scheme Nearing its EndOur Destructive Central Bank

Currencies are fickle, moving up and down against one another seemingly at will. Economists have several theories of how relative currency values are determined. One of these is the purchasing power parity hypothesis. In a frictionless world (only economists invent such worlds and terms), identical goods would sell for identical [...]

Gold is a physical good, relatively fixed in supply. It has all the characteristics of good money. That is why it was money before government set out to exploit its citizens with central banking and finally fiat money. The demand for gold is increasing partly as an inflation hedge (what, [...]

Since December, the dollar has risen 9% against a basket of currencies. Versus gold, it has risen about 1/3 of a percent. Is the dollar rallying or are other currencies falling at a faster rate? The chart to the right takes a long look at the dollar. Does it make [...]

Great hoopla over the Federal Reserve’s surprise decision to raise the discount rate 0.25 % fills the media and the markets. Pundits discuss earnestly the spice has been added to the tea leaves. Barry Ritholtz lists three possible motivations behind the Fed’s move: Response to political pressures; Proof the Economy [...]

For those who want to understand more about money and inflation, the following piece by Bill Bonner of the Daily Reckoning is good reading. The Descent of Money By Bill Bonner Paris, Fance Science and technology have produced many wondrous breakthroughs. But there are some things it cannot improve. A [...]

The strains on the International monetary system are increasing. This system was never sustainable. It replaced a system that had broken down. And that system had replaced another phony international monetary system. How this system collapses is indeterminate. It could be initiated a collapse of the dollar or it could [...]

Here is a good collection of articles from Chris Martenson’s site. These articles show no green shoots, and in no way are consistent with what the government wants you to believe. There is no recovery coming. See recent post about 2010 will be worse. Take a look at Chris’ site. [...]

“My long view for the US is high inflation which will not show up in the government’s fraudulent statistics, along with a declining standard of living, increasing decay and ultimately leading to chaos, societal and government collapse in the US within a decade or two, maybe sooner.” Craig Harris The [...]

Casey Research provided the following in an email. Doug Casey is a savvy guy as is David Einhorn who is quoted below. For investors, this might be a good read. At least it should cause you to examine your own investment assumptions. The Gorilla Trade Dear Reader, It has become [...]

Image by Francisco Diez via Flickr James Quinn has posted another very informative piece. It is especially useful for those who don’t comprehend the degrees of financial chicanery and deceit to which our politicians have resorted . The article will also enable you to understand the mathematical impossibility of the [...]

Our ability to fund our deficits and fixed income needs ended last year. The Treasury market is perhaps the biggest bubble yet to burst. It is highly probable that this bubble reached its zenith and started to deflate 2009, propped up only by extensive and surreptitious quantitative easing. It is [...]

“… all Ponzi schemes eventually fail under their own weight. The US debt scheme is no different.” Sprott Asset Management Belief in the economic recovery story is akin to belief in Santa Claus. Both make us feel better, but both are unlikely. We may have another quarter or two of [...]

The United States is now dependent on the rest of the world to finance its government deficits. As the sovereign version of Tennessee Williams’ Blanche du Bois in Streetcar Named Desire, we are truly “dependent on the kindness of strangers.” The government has no way to finance itself other than [...]

Getting Gold and Silver may not be enough to protect your wealth according to Stansbury. Another excellent read by Porter Stansbury. While primarily focused on precious metals and currencies, and the possibility of returning to some commodity-based currency, Stansbury touches on many interesting topics. We are entering the period where [...]

One of the better economic analysts is John Williams at Shadowstats.com. When he speaks, one should listen carefully. He has just done so: The U.S. economic and systemic solvency crises of the last two years are just precursors to a Great Collapse: a hyperinflationary great depression. Such will reflect a [...]

This article concludes, as did my recent post Spiraling to Bankruptcy. that the bankruptcy of the United States is now inevitable. Porter Stansberry approaches the topic from a different angle, using cash flows and borrowing capacity, to support his conclusion. Stansberry  has a great sense of urgency believing “the odds [...]