Category Archives: Government Debt

The Fate of Markets

Posted on May 18, 2012 by MN Gordon

How quickly things change.  Several weeks ago stock market investors were riding high.  On the first day of the month, the DOW finished the day at 13,279…its highest close since December 2007. It was just a matter of time – … Continue reading →

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The Consequences of Lard

Posted on April 17, 2012 by MN Gordon

The Labor Department reported last Friday that consumer prices increased 0.3 percent in March.  More importantly, however, when adjusting for the increase in prices, worker earnings fell 0.4 percent during the month.  What this means is that wage earners are … Continue reading →

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Japan Will Take the World’s Breath Away

Posted on March 27, 2012 by MN Gordon

Last Sunday, in Long Beach, California, the impossible happened…it rained for the second consecutive weekend.  Just ask anyone who lives here.  That never happens. We’re not complaining.  Without the wet weather we would have never discovered the hole in the … Continue reading →

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Is Gold Backwardation Now Permanent?

Posted on March 6, 2012 by MN Gordon

Is Gold Backwardation Now Permanent? By Keith Weiner, Casey Research Worldwide, an incredible tower of debt has been under construction since President Nixon’s 1971 default on the gold obligations of the US government.  His decree severed the redeemability of the … Continue reading →

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