Doug Casey pulls few punches in this video describing politicians. If you root for either team in politics, you will be offended by his characterizations of some of your heroes. I think he is too harsh on some, but his underlying message is one rarely delivered and one that needs to be heard. His talk […]
Simon Black supplies his list of books to better understand the world: The Road to Serfdom by Friedrich A. Hayek The Godfather of the Austrian School of economics, Hayek explains the vitality and necessity of economic freedom better than anything else I’ve read. Read/Download for free at the Mises Institute Atlas Shrugged by Ayn Rand This book teaches […]
As one views the deteriorating condition of the world, it is difficult not to think of what could be rather than what is. In the words of John Lennon: “You, you may say I’m a dreamer, but I’m not the only one…” Simon Black provides some observations regarding conditions. His list is hardly inclusive, but it […]
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 […]
Freedom is lost with every passing day. Government has become Leviathan, a ruthless master which serves only itself. It has become pure force, unanswerable to anyone. George Washington’s warning has taken on new meaning: Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful […]
Gary North provides the QOTD: When a profit-seeking firm sees that no one wants its services, it finds ways to lower prices and improve services. The United States Postal Service does what government agencies do: it raises prices and cuts services.
The title is a “grabber” but it is also accurate. Here is Simon Black’s report: Last week in the Land of the Free, a five-year-old girl in Pennsylvania was labeled a terrorist threat. Fortunately for the citizens of Northumberland County, local authorities managed to detain this nefarious kindergartener before she could exact her villainous deeds […]
To those of the leftist persuasion, the Constitution is an obstruction. Words written on old parchment by men long since dead should not get in the way of their modern ideas of “perfecting” society. These “progressives” know what is best for society. They are pragmatists, not bound by “obsolete” customs, laws or quaint traditions. They […]
For those who are unaware of what is happening and even for those who are aware, this video will disabuse you of any notion there is a recovery now or in the future. The state of the nation is dismal and matters are getting worse. Government is the problem. Whether their behavior is deliberate or […]
I am not a conspiracist, but I am having trouble maintaining that position. The current occupants of our government have become too cozy with one another. Party affiliation matters little these days. Neither do ethics, morality, integrity or the Constitution, the document all elected officials swore to protect and uphold. Expediency rules. Principles must not […]
The calendar year is not over, but some review of stock market performance may be useful in preparation for the new year. Normally this review would be restricted to Premium Members, but this one is unprotected. This type of inter-temporal momentum tracking will become a regular feature of this website, although future applications of it […]
Suggested stops for the December rankings are provided below. These are mechanical calculations based on ETF volatility. As usual, the first column represents the price at the end of November and the second two columns represent possible stop levels. One is tighter than the other and whether you choose either or set your own is […]
The December rankings and performance of previous rankings are provided below. Suggested stop levels for each of the rankings will be provided in a separate post. December Selections
This update is based on market-close data as of November 22. Performance is based on beginning of that month’s rankings, assuming they were purchased and held for a full month. Stop placement or early selling would produce different results. So, too would different entry or exit prices. There is no way to account for early […]
The ranking of the 11 ETF Asset Classes routinely followed on this site is shown below. These rankings reflect the latest order produced by the algorithm used to rank individual ETFs. There have been some movements in these rankings reflecting recent market action.
Monty Pelerin's World discusses economic, political and financial issues from a free market perspective. All Posts
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