Category Archives: Government Debt
Is Gold Backwardation Now Permanent?
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
The Hell of Technocratic Prevarication
“…and the will of Zeus was moving toward its end.” – Homer, The Iliad Athens’ Burning The burden of being on top ultimately weighs a civilization down. Success is overreached. Advancement becomes unsustainable. Then, when everyone least expects it, something … Continue reading
2012: Predictions, Prognostications, and Prophecies
Before we turn the page to 2012 we must take a look back at the year that just passed so we can extract context for the year to come. Looking at where the stock market began and ended in 2011, … Continue reading
There’s No Such Thing as a Free Lunch
By all accounts the sky was falling on December 5, 2008. Several months before, credit market liquidity had glazed over like cold winter molasses and, after over 150-years of business, Lehman Brothers had ignominiously vanished from the face of the … Continue reading
