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Rand Paul Exposes Divide in Republicans

http://tv.msnbc.com/2013/02/04/exclusive-justice-department-memo-reveals-legal-case-for-drone-strikes-on-americans/ John McCain is a disgrace and should leave the...

The Slightest Uptick in Rates & the End is Near

http://www.reuters.com/article/2013/03/07/us-japan-economy-nishimura-idUSBRE9260AX20130307 The deputy governor of the Bank of Japan admitted that if yields rise 1...

Proprietary Trading Banks Will Become Extinct

The Libor Fixing Scandal of interest rates has shown precisely what I wrote about in Behind The curtain. I have personally witnessed the trading mentality of the...

Interesting Questions for Gold

Question: Yet, in the meantime, should inflation surface, say in the latter part of the decade, (before a total collapse), wouldn’t gold be the place to be?  Or...

The Jobless Recovery

I have received a lot of inquiries about the jobless recovery. Some questions ranging from what is going on to others asking advice to give children for a career....

Understanding Interest Rates – Fed – Real Estate

One reader asks: I found fascinating your understanding of the correlation between interest rates and real estate.  By your definition the slashing of interest...

Republicans Extend Gov’t Budget

The Republican-controlled House today approved legislation that will prevent a government shutdown on March 27 and blunt the impact of newly imposed spending cuts...

Rand Paul – Filibuster – A Historic Day

Senator Rand Paul, Republican of Kentucky, began a truly old-school filibuster, speak-until-you-drop on Wednesday just before noon. This truly a historic day when...

New Highs on Dow – Low Volume?

We have to keep in mind that the world economy has not fully recovered. Trading volume on a global scale is about half of what it was in 2007. The Dow is ONLY...

February Record Sales of Gold from Funds

The Exchange Traded Funds were dumping gold significantly with the largest outflow to date. This is good for reducing the long-positions opens the door to future...