Gold and Bonds Returning To Favor?

Preferred Subscribers know that precious metals and bonds have moved to the top of the ETF rankings. Is it their time or is their recent success destined to be short-lived? Ah, that is the trillion dollar question! If stock markets continue to correct, look for these flights to safety to continue to do well. Moe Zulfiqar is one who believes [...]

Markets Today — Be Careful

A quick note is in order regarding today’s markets. Markets are getting slammed today as explained in this intra-day report from MarketWatch. Is market smoke and mirrors running out? That is too soon to tell, although when the mojo turns it will turn like this. Multiple days like this one have more meaning than isolated events.  The nature of down [...]

Simple Market Logic

Karl Denninger opines: … there’s a secular change occurring in rates, and I’m not really inclined to repeat myself in detail here today.  But this much I will say — the evidence continues to mount that this change continues apace and as it does all of the talking heads who have put forward a premise that the last 30 year trend will continue despite the impossibility of it [...]

Bond Funds Have Risk

Bonds and bond funds are not without risk. There is default risk which is the risk associated with the bond issuer not honoring his obligation(s). In the event of a default, the bondholder will not receive what he contracted for. He may lose all future interest payments and the principal. Or, as in some bankruptcies, bondholders are said to “take [...]

Hybrid Annuities

Are you nearing retirement? Are you familiar with hybrid annuities? They may or may not be right for you, but you at least can learn a little about them here. For those of you who watch this, make sure you explore the option to convert to a pension for life. In the video, the presenter talks about having $600,000 and [...]

Nigel Farage Unleashed

“Ponzi scheme,” “communists” and more are claimed by Nigel Farage in describing the European situation. Why can’t this loose missile become an American politician? It is difficult to disagree with anything he says. To many it may sound outrageous, but that is because they are used to hearing politicians who refuse to deal with reality and the truth. This man [...]

“A lost decade of negative income growth for the average middle class family”

In a three-part series on Who Destroyed The Middle Class, James Quinn describes what has happened in the last ten years: When you dig into the charts and data supplied by the Federal Reserve generated report, the data which goes back to 2001 tells a story not addressed by the deceptive, manipulative, political propaganda that passes for investigative reporting by [...]

Guaranteed Losses vs. Moving Out The Risk Curve

Chris Martenson on the Investor Problem: Debt Ceiling Dilemma: The Foul Choice Facing Investors Thursday, July 28, 2011, 10:23 am, by cmartenson For the record, I still believe that there will not be a breach of the debt ceiling and no overt default for the US. Things will be worked out in the nick of time, like they always are. [...]

See the Socialistic Future

Socialism lives and continues to grow. Now you can see its future (and yours) as clearly as one gentleman did in 1893! There is no other social organization that has been so destructive and lethal. Arguments have destroyed it both theoretically and empirically, yet like a vampire, it seems impossible to kill. Its appeal is so strong that people willingly abandon [...]

Taking Some Time Off

I am off for a brief vacation for the next few days. Posts will be reduced.

Mises Institute — Top 10 Books

For those interested in freedom and Austrian economics, there is no better source than the Misese Institute. Here is Jeffrey A Tucker’s description of their top ten books: This is the biggest year in publishing by the Mises Institute in our entire history. Our open-source model has inspired authors and the staff to do some wonderful things. Donors to the [...]

Mises Institute Articles of Note

Some of the better articles from The Mises site. As you probably know, this site is filled with free articles and books on line. It is the Bible for Austrian economists. Take a look and decide which ones are worth reading. The Mises Daily Top 10 of 2010 Mises Daily: Tuesday, January 04, 2011 by Briggs Armstrong Every year the Mises [...]