Economic, Financial and Political Analysis
Neither President Bush’s nor President Obama’s economic policies brought this recession. The event was preordained from years of governmental economic mismanagement and intervention. The crisis could have come sooner, or later. It happened on Bush’s watch. Now Obama must deal with it. The insanity of current economic policy has been dealt with here before. Keynesian [...]
The joy of Friday's Dow close over 14,000 should be taken with a grain of salt and huge amounts of caution. Peter Schiff can always be counted on to rain on Washington's parades and also Wall Street's. Here is Mr. Schiff's take on why you should not be impressed with Dow 14,000 and why you [...]
The question of how much gold or silver one should hold is a common one. The answer is usually expressed in terms of portfolio percentages, as in 10 – 20 percent of one’s investments. Such an answer is without basis. Why is 15%, for example, any better than 100% or 0%? The question and the [...]
The deterioration of this nation’s economy is truly mind-boggling. What we experience today is an outgrowth of several decades of misguided economic policies. Current economic policy is even more misguided than those that led us to this point. So, too is the regime uncertainty that surrounds facing economic actors. Productive people have targets painted on [...]
People regularly ask me two questions: What is coming economically and financially? How do I protect myself? Answers to these questions can be provided, however, the validity of such answers is questionable. Anyone is entitled to an opinion and that is all anyone can provide at this point. The answers to these questions are subject [...]
by Monty Pelerin on April 26th 2013
by Monty Pelerin on April 18th 2013
by Monty Pelerin on April 5th 2013
by Monty Pelerin on April 1st 2013
by Monty Pelerin on March 27th 2013