Tag Archives: collapse

“The Bank Was Saved, and the People Were Ruined”

Posted on October 19, 2012 by MN Gordon

“The Bank Was Saved, and the People Were Ruined” By Jeff Thomas, International Man The above quote is from William Gouge, commenting on the Panic of 1819.  The panic had been caused when the First Bank of the United States … Continue reading →

Posted in Government Debt, Jeff Thomas | Tagged , , , , , , , | Leave a comment

The Sick Lion

Posted on October 16, 2012 by MN Gordon

Venturing Back to the Land of Aesop We’re running a bit short on time today.  So, in lieu of our usual economic reflections, we’ll venture back to the sixth century BC to the land of Aesop. We’re not sure what … Continue reading →

Posted in Economy, MN Gordon | Tagged , , , , | Leave a comment

When Owning Gold Made You a Target for Execution

Posted on October 5, 2012 by MN Gordon

When Owning Gold Made You a Target for Execution By Doug Hornig, Hard Assets Alliance They sewed the gold into their clothing, grabbed only what they could carry, and hoped they weren’t caught… Vietnam 1975: As the Communists marched south, … Continue reading →

Posted in Doug Hornig, Politics | Tagged , , , , , | Leave a comment

Providence Is With Us

Posted on September 7, 2012 by MN Gordon

Yesterday European Central Bank President Mario Draghi announced what could be an unlimited bond buying program to save the euro.  Later in the day, after running up 28 points, the S&P 500 closed at its highest level since before Lehman … Continue reading →

Posted in MN Gordon, Stock Market | Tagged , , , , , , | 1 Comment