Tag Archives: collapse

Monetary Policy, Explained

Minutes from the March 13 Federal Open Market Committee meeting were released Tuesday afternoon.  Upon perusing the record of proceedings, Wall Street was shocked to discover there was no discussion of monetary easing options.  Traders promptly sold.  Then, on Wednesday, … Continue reading

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Japan Will Take the World’s Breath Away, Part II

The National Bureau of Economic Research marks June 2009 as the end of the Great Recession.  That means the United States economy has been in recovery for nearly three years.  Semantically this is accurate…all the stimulus and monetary easing has … Continue reading

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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

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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

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