It looks just like a reality show that's not going to be renewed for another season. President Obama's State of the Union ratings are headed in the same direction as American Idol's so far this season – down. Let me make a secret confession right here. For years, the producer of ...read more

For more than one hundred years, governments have been trying to kill gold's role in the monetary system. They've dreamed of a day when the cursed metal would vanish completely except as jewelry and luxurious adornment. And yet its monetary properties won't go away. Central banks still hold it, and ...read more

Our executive publisher, Addison Wiggin, received this email from Ron Hera and thought Whiskey Shooters should see it... Addison, I am not given to hyperbole. This is the most important message I have ever sent. I urge you to read it and to share it with others. Earlier this week, I attended the ...read more

In a recent Financial Times, Martin Wolf writes again about the European debt crisis, a problem for which, so he believes, there is a political solution. Mr. Wolf correctly identifies the problem: Most sovereign states are bust and so are the banks, which are today a protectorate of the state and ...read more

With gold making its expected pullback we needed a chuckle so we checked the New York Times and found this article from yesterday... No one I spoke to would venture a guess as to how high gold would rise before it hit its peak. But most stressed that people forgot that ...read more

Last weekend, we bought some land. This flies against policy (our policy) of never buying anything except that which can be paid for at the time of purchase – and even though I know full-well that we won’t really own the land, just as we don’t really own the land we ...read more

Let us look at some awful analysis of gold, courtesy of Wells Fargo Bank. Perhaps channelling their inner Michael Pascoe, the bank’s analysts told clients, “Interest in gold investing has reached the level of a speculative bubble.” Having thus be-clowned themselves, they went on to elaborate: gold prices are volatile, gold ...read more

Investors the world over are still reeling from last Thursday's massive plunge in the US equity markets, in which the major indices all gave up more than 4 percent. It was the worst day for the US stock market since December 2008. [And today's markets are down over 4% again.--Ed.] None ...read more

Gas is still only $0.20 per gallon... [caption id="attachment_8999" align="aligncenter" width="503" caption="A gas station in Ashland, Oregon, May 2011"][/caption] ...If you pay with un-debased U.S. currency. One gas station in Ashland, Oregon, is accepting payment for gas in the old, un-debased version of the currency. The more prices change, the more they remain the ...read more

If you did what Bill Bonner and I have been recommending for a decade, you own gold. Bonner began promoting the purchase of gold in the year 2000. I strongly promoted this for my subscribers after September 11, 2001, when the Federal Reserve began pumping up the monetary base in ...read more