Posts Tagged ‘ money ’

Money Isn’t Wealth

Jul 7th, 2009 | By | Category: Featured, Gold, Macro Economics
Some Fridays are better than others. This last one was not pretty. Like a character that refuses to die in a bad horror movie, the U.S. job market posted some shocking June numbers. It has revived the dormant nightmare that this may be a long "L" shaped recession. Or even ...read more


401(k) as Dangerous as the Dollar

Jun 26th, 2009 | By | Category: Featured, Morning Whiskey
Prophets are famous for being without honor in their own country, and it isn't any fun being Cassandra.  We're considered alarmist nuts until what we have foreseen comes to pass--and repulsive thereafter if we say "I told you so!" Well, we told you so about a lot of things, including the ...read more


Inflation and Random Numbers, Part I

Jun 18th, 2009 | By | Category: Featured, Macro Economics
"We are entering upon waters for which I have no chart and in which I therefore feel myself an utterly incompetent pilot." – James Warburg of the banking dynasty, resigning as President Roosevelt's monetary advisor, 1933 Want to know where the price of gold, oil, the S&P, Euro or overseas stock markets ...read more


Shoveling Money into the Deceased Economy

May 19th, 2009 | By | Category: Featured, Macro Economics
The Great Wish across America is to resume the life of comfort-and-convenience that seemed so nirvana-like just a few short years ago, when the very constellations of the heavens might have been renamed after heroic Atlanta realtors and Connecticut hedge fund warriors, and the boomer portfolios groaned with earnings, and ...read more


Hoover and FDR

Apr 13th, 2009 | By | Category: Featured, Gold, Macro Economics
It seems as though history continues to repeat itself.  During the first 'great depression,' Herbert Hoover was President at the outset.  He instigated the things FDR would later enlarge upon, none of which worked.  Now we are in the beginning of the second 'great depression,' and it's almost exactly the ...read more


Move Your Money Out of America and Soon

Apr 3rd, 2009 | By | Category: Featured, International, Personal Investing
Things are getting uncomfortable for individuals and corporations looking to deposit their money in tax havens around the world. Just recently, Congress introduced the so-called “Stop Tax Haven Abuse Act,” which is designed to do away with the privacy afforded by doing business or investing outside the U.S. and to ...read more


Basic Economics

Jan 9th, 2009 | By | Category: Featured, Macro Economics, Politics
There are so many complications, economics wise, and there shouldn't be, because as Ludwig von Mises once said, defining economics, "People Act."  It's just that simple!  Examples are everywhere.  Toyota is closing its plants for 11 days, and how many employees does this affect?  Let's say 2,000, at $200 a ...read more


Battle of the Flations

Dec 25th, 2008 | By | Category: Featured, Gold, Macro Economics
One of the most hotly debated topics among financial talking heads these days is, “Deflation or inflation, what is it going to be?” There is no question that we are currently experiencing asset price deflation and economic slowing. But we, the editors of The Casey Report, see this as a transitional ...read more


Madoff Makes Us Love Gold Even More

Dec 22nd, 2008 | By | Category: Featured, Gold, Personal Liberties
What if you woke up one day and there was a flying saucer sitting in the middle of Central Park? It would change your view of the world, if not the universe, right? At least that’s the idea behind the newly released remake of the classic 1951 film The Day ...read more


Change We’ll Get: Oil, Money and Strife

Dec 11th, 2008 | By | Category: Currencies, Economics, Featured, Oil
In the twilight of the Bush days, in the twilight of the twilight season, a consensus has formed that we are headed into a long, dark passage leading we know not where. Even CNBC's Lawrence Kudlow has been reduced to searching for stray "mustard seeds" of hope on hands and ...read more