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  • Could you imagine an old piece of furniture lying around your house being worth over a million bucks? That’s what happened to LT, a middle-aged gentleman on disability who was struggling to get through each month. His family had an old Indian blanket that they’d used for years. To them it was just like any other blanket. But when LT...

    From Five Cents to Five Million Bucks in a Century

    Could you imagine an old piece of furniture lying around your house being worth over a million bucks? That’s what happened to LT, a middle-aged gentleman on disability who was struggling to get through each month. His family had an old Indian blanket that they’d used for years. To them it was just like any other blanket. But when LT...

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  • It’s interesting how many people think that forcing employers to pay more for unskilled labor is helpful to the economy. The argument goes something like this: Can you imagine living on $10 per hour? That’s nothing. I couldn’t even imagine living on $15 an hour. At least these poor guys can get a raise and survive more comfortably. What they...

    Minimum Wage Maximizes Unemployment of Poor

    It’s interesting how many people think that forcing employers to pay more for unskilled labor is helpful to the economy. The argument goes something like this: Can you imagine living on $10 per hour? That’s nothing. I couldn’t even imagine living on $15 an hour. At least these poor guys can get a raise and survive more comfortably. What they...

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  • A recent study reveals that more than those in the age group between 25 and 34 are staying home much longer. While this age group typically is chomping at the bit to leave home, some countries show that more than 50 percent of them are staying home. Spiegel reports, “In 2011, more that 50 percent of the 25- to 34-year-olds...

    Young Europeans Leave the Nest Later Due to Economic Hardship

    A recent study reveals that more than those in the age group between 25 and 34 are staying home much longer. While this age group typically is chomping at the bit to leave home, some countries show that more than 50 percent of them are staying home. Spiegel reports, “In 2011, more that 50 percent of the 25- to 34-year-olds...

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  • It’s hard for westerners to understand the investing and saving mindset that pervades the culture in India. The contributing factors range from a long and rich history to government distrust to an ingrained knowledge that saving is a part of life. While Americans set aside around 5% a year in savings, Indians average about 30%. However, unlike Americans, Indians don’t...

    Indian Man’s Gold Shirt Trumps Emperor’s Clothes

    It’s hard for westerners to understand the investing and saving mindset that pervades the culture in India. The contributing factors range from a long and rich history to government distrust to an ingrained knowledge that saving is a part of life. While Americans set aside around 5% a year in savings, Indians average about 30%. However, unlike Americans, Indians don’t...

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  • Over the past several years Americans have pursued various means of protecting their wealth from the prying hands of an increasingly draconian ruling class. Some, like Mitt Romney, have done a great job. Steve Jobs made it clear that the profits Apple realized outside US borders would stay outside US borders and out of the hands of the tax masters....

    The Great Financial Wall of America

    Over the past several years Americans have pursued various means of protecting their wealth from the prying hands of an increasingly draconian ruling class. Some, like Mitt Romney, have done a great job. Steve Jobs made it clear that the profits Apple realized outside US borders would stay outside US borders and out of the hands of the tax masters....

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  • According to the BLS, current “official” unemployment is just under 8% and dropping. This represents a marked improvement from the high of 10% reached in October, 2009, but still a far cry from the goal of under 5%. The most recent figures show a decrease in unemployment from 7.9 in October to 7.7 in November. Of course, John Williams paints...

    One in Eight US Jobs are Tax Supported

    According to the BLS, current “official” unemployment is just under 8% and dropping. This represents a marked improvement from the high of 10% reached in October, 2009, but still a far cry from the goal of under 5%. The most recent figures show a decrease in unemployment from 7.9 in October to 7.7 in November. Of course, John Williams paints...

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  • The issues facing gold miners are well known: depletion of existing mines, lower grades, and fewer new discoveries – especially big and rich ones. Further, miners face increased calls for nationalization, demands from workers for higher pay or from local communities for better infrastructure, and – of course – environmental concerns. Many mining company representatives say it’s getting harder to...

    Is a Global Gold Supply Crunch Forming?

    The issues facing gold miners are well known: depletion of existing mines, lower grades, and fewer new discoveries – especially big and rich ones. Further, miners face increased calls for nationalization, demands from workers for higher pay or from local communities for better infrastructure, and – of course – environmental concerns. Many mining company representatives say it’s getting harder to...

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  • Because of other worthy items to focus on over the past couple of weeks, this report isn’t as timely as we’d like. But it’s certainly worth of our consideration, as it’s affecting each and every one of us, to greater or lesser degrees. And, in light of yesterday’s article on debt, concentrating on household income brings greater clarity to the...

    Middle-class America Giving Way to Poverty

    Because of other worthy items to focus on over the past couple of weeks, this report isn’t as timely as we’d like. But it’s certainly worth of our consideration, as it’s affecting each and every one of us, to greater or lesser degrees. And, in light of yesterday’s article on debt, concentrating on household income brings greater clarity to the...

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  • Often the spin on economic stats attempts to put them in a positive light. Sometimes this is through choosing a specific date to compare to. Sometimes it’s through focusing on micro-movements or dynamics. Sometimes it’s simply a fabricated aspect of the message that turns it just enough for proponents to send the message of their agenda, rather than the message...

    Make Sure Presented Data Don’t Obscure the Truth

    Often the spin on economic stats attempts to put them in a positive light. Sometimes this is through choosing a specific date to compare to. Sometimes it’s through focusing on micro-movements or dynamics. Sometimes it’s simply a fabricated aspect of the message that turns it just enough for proponents to send the message of their agenda, rather than the message...

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  • As readers know, the US economy faced incredible obstacles if it is to ever recover. Personally, I don’t think it’s even possible at this point. And I’m not alone. The fact of the matter is, there has never been a country that was able to successfully navigate the illusory waters of fiat currency. It simply is too tempting to manipulate...

    Downgraded Argentina on a Faster Pace Toward Default

    As readers know, the US economy faced incredible obstacles if it is to ever recover. Personally, I don’t think it’s even possible at this point. And I’m not alone. The fact of the matter is, there has never been a country that was able to successfully navigate the illusory waters of fiat currency. It simply is too tempting to manipulate...

    Continue Reading...

  • As we consider the options for buying, storing, investing, trading, collecting and any other investment in precious metals, there are many options. Some semi-numismatics offer excellent opportunities. Bullion is always a prudent buy. IRA allocation, international vaults and a host of other offerings await the investor, vying for their attention. And, of course, part of this effort is to protect...

    Holiday Season Offers Golden Opportunity

    As we consider the options for buying, storing, investing, trading, collecting and any other investment in precious metals, there are many options. Some semi-numismatics offer excellent opportunities. Bullion is always a prudent buy. IRA allocation, international vaults and a host of other offerings await the investor, vying for their attention. And, of course, part of this effort is to protect...

    Continue Reading...