Monthly Archives: July 2013
Your Summer Tax Increase
Oil prices are holding above $106 per barrel. What gives? Wasn’t all the oil fracking supposed to increase production and decrease price? So far, part of this equation has come to be. In fact, the Energy Information Administration’s weekly report, … Continue reading
Market Moves Ahead Should be Good for Gold, Bad for the US Dollar
Market Moves Ahead Should be Good for Gold, Bad for the US Dollar By John Williams, Shadowstats Nothing is normal: not the economy, not the financial system, not the financial markets and not the political system. The financial system still … Continue reading
Safe Investment Losses
The Labor Department reported Friday that employers added 195,000 new jobs to their payrolls in June. Nonetheless, the unemployment rate remained at 7.6 percent, as people entering the workforce subtracted out all job gains. Still, markets were delighted. The DOW … Continue reading
Programs to Control the Uncontrollable
Things are melting up – and melting down – the world over. What’s more, summer’s only just begun. While Americans were dreaming of block parties and beach bashes as they punched out for the Independence Day holiday Wednesday afternoon, Cairo … Continue reading