Inflation
How Does It End?
The days of reasonable economic forecasting are over. Today, an economic forecast is more like the analysis of a criminal mind than the evaluation of economic data. The dominating role of government overpowers markets intentionally. In the short-term that will continue. Reactions to Federal Reserve minutes referencing continuation, alteration or cessation of quantitative easing cause [...]
Some Commentary On Inflation
An often asked question goes something like this: “How is it possible for the Fed to expand the money supply without inflation showing up?” There are two answers to this question. One pertains to the real rate of inflation versus the reported rate of inflation. Government continues to manipulate and change CPI calculations in ways [...]
Smoke And Mirrors Running Out — Depression to Follow
Those who believe the economy is recovering are ignorant of the facts. Other than the Great Depression no US recovery (and I don’t believe we are in a recovery) taken longer. Eventually it may take more than a decade like the 1930s. Or perhaps it will be like Japan which is in its third decade [...]
Government’s War On Savers and Investors
Caution is the watchword for markets. May ended with some serious volatility and we now enter the summer months. According to Wall Street wisdom, you are supposed to have “sold in May and gone away.” If there is upside left in markets, and for the life of me I cannot understand why there would be, it [...]
Is Inflation A Cause Or An Effect Of A Dying Country
I recently posted “The Country Is Dying.” If you read the post you should understand that this slow death need not happen. Countries and civilizations do not have biological clocks. Unlike humans, there should be no constraints on their lifespans. A corporation is a similar construct. It is assumed under the law to have an [...]
Fiat Currency Going To Its Intrinsic Value
Those invested in gold or other precious metals were slaughtered in the last two trading days. Although the pain of their losses is likely not to be eased by the chart that follows, it does show the validity of gold as a long-term strategy. As Voltaire once said: “All fiat currency returns to its intrinsic [...]
Gold Is Not In A Bull Market
People talk about the bull market in gold being over. Can something that never began and never was, actually end? That is not a philosophical question meant to deceive. The question is critical to understanding gold and its valuation. The Nature of Gold There is no bull market in gold! There never has been and never [...]
Take Your Choice: Zimbabwe or the USSR
There really is no choice in terms of what happened in Zimbabwe and the USSR. Both failed spectacularly. Indeed, the choice is not yours but the government’s. We are merely collateral damage in terms of what is coming. It is hard for me to disagree with the strong, some might think outrageous, statements made by [...]
Hope and Crosby Never Went to Zimbabwe
Bob Hope and Bing Crosby made a series of movies together entitled “Road to …”. The first, made in 1940, was “The Road to Singapore.” The series was successful and included destinations such as Bali, Zanzibar, Rio, and Morocco. In all, I believe seven different movies were made over about a twelve year period ending [...]






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