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| RATIOS & INDEXES |
| Gold / Silver | 62.02 |
| Gold / Oil | 14.48 |
| Dowjones / Gold | 11.00 |
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 | Articles related to Main Street |  |
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 | Andy Sutton |
| Irrational Exuberance Part II |
| Every so often the mainstream does get it right; they just don't realize it. Or maybe they do. There is an old saying that every lie has 90% truth otherwise nobody would believe it. The hysteria over the Dow's recent punch through the 15,000 level has everyone associated with stocks almost giddy. Or maybe totally giddy. Or maybe totally disconnected from reality. Take your pick. The article I'm going to dissect can be found easily by a quick search, but it really doesn't matter who wMonday, May 13, 2013 |
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 | James Howard Kunstler |
No Mo' PoMo?  |
| Whenever the Federal Reserve wants to tweak the dials of the economy -- or pretend that it can -- it turns first to its sock puppet at The Wall Street Journal, John Hilsenrath, and "leaks" a rumor of policy change (here). They like to do this late on Fridays when financial markets are about to close, so that market players will have a whole weekend to ponder the Fed's actions like medieval viziers reading goat entrails. Last Friday's puddle of steaming guts was a supposed preview of the Fed'Monday, May 13, 2013 |
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 | Deepcaster |
| Profit, Protection, Despite Cartel Intervention ? April, 2013 Update |
| ?Then, when the Fed?s fire hoses started spraying an elephant soup of liquidity injections in every direction and its balance sheet grew by $1.3 trillion in just thirteen weeks compared to $850 billion during its first ninety-four years, I became convinced that the Fed was flying by the seat of its pants, making it up as it went along. It was evident that its aim was to stop the hissy fit on Wall Street and that the threat of a Great Depression 2.0 was just a cover story for a panicked spree ofSaturday, April 27, 2013 |
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| Deepcaster |
| Riding the Big Profits Kahuna ? How Much Longer? |
| ?Artificial.?Comment re. the recent Equities Market RallyMohammed El-ArianCEO & Co-CIO PIMCOIndeed, the Equities and Bond Markets have been riding The Big Kahuna of Fed, ECB, Bank of England (and now the Bank of Japan?s) Q.E. et al. for several Years Now.But for how much longer can Investors expect to ride these Market Boosting Central Bank Injections and other Interventions before Disaster strikes and the use of QE reveals itself to be clearly Counter Productive.Increasingly, these InterventionSaturday, April 06, 2013 |
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 | The Gold Report |
| David Stockman: Welcome to Irrational Exuberance 2.0 |
| The Gold Report: David, your new book, "The Great Deformation: The Corruption of Capitalism in America," examines the roots of what you consider government's fiscal irresponsibility. As President Reagan's director of the Office of Management and Budget and a former U.S. congressman, what could have been done when you were in government that would have put a dent in the U.S. debt?
David Stockman: In the early 1980s, we did not recognize the danger of setting a precedent for running large, chroniThursday, April 04, 2013 |
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 | Mac Slavo - ShtfPlan |
| It’s All Good: “They Can’t Stop Lending Us More Money” |
| Last month President Obama made it a point to outline the ever stronger state of our Union.
“Our housing market is healing, our stock market is rebounding, and consumers, patients, and homeowners enjoy stronger protections than ever before,” said Obama of a US economy that, according to the President’s numbers, has added six million new jobs over the last decade.
But as budget woes hit cities and states across America, and Congress battles with the White House over curtailing spending and a fisWednesday, March 06, 2013 |
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 | Lew Rockwell |
| Mussolini USA |
| It didn't take long for opponents of the market to pounce after the events of 2008.
The crash was said to prove how destructive "unregulated capitalism"Wednesday, March 06, 2013 |
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| James Howard Kunstler |
 Reply To Gary North  |
| Last week, extreme right-wing, hyper-patriot blogger and "Christian Reconstructionist" Gary North published a piece that bounced around the Web titled "James Howard Kunstler: Foul-Mouthed Apologist for the Good Old Boys." Gary North was inflamed because I had put out a recent blog inveighing against the chain-store rape of local economies from sea to shining sea. North wrote:Consider his [JHK's] most recent screed. It begins with an attack on the most successful free market retailing operation oMonday, March 04, 2013 |
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| James Howard Kunstler |
 Scale Implosion  |
| Back in the day when big box retail started to explode upon the American landscape like a raging economic scrofula, I attended many a town planning board meeting where the pro and con factions faced off over the permitting hurdle. The meetings were often raucous and wrathful and almost all the time the pro forces won -- for the excellent reason that they were funded and organized by the chain stores themselves (in an early demonstration of the new axioms that money-is-speech and corporations areMonday, February 18, 2013 |
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| Andy Sutton |
The Day the Music Died  |
| Spurious rumors, small substantiating facts, incontrovertible evidence, and finally, undeniable conclusions. We?re now at the undeniable conclusions stage. The buildup has been slow, but steady, the dots, sometimes slow to connect, are now doing so, and the only question remains how many more sets of eyes will be opened before the inevitable happens? Obviously, anyone who writes, talks, or communicates about these matters does so in the hopes that it will prompt even onMonday, January 28, 2013 |
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 | Nathan Lewis - New World Economics |
| John Stuart Mill on an Inconvertible Paper Currency |
| Recently, I've talked about the diminishing returns of Heroic
Materialism.
December
4, 2011: The Diminishing Returns of Heroic Materialism 2: End of
the Line
October
30, 2011: The Diminishing Returns of Heroic Materialism
Suburbia is certainly part of our Heroic Materialist modality. Like
other Heroic Materialist patterns of behavior, what once produced
stunning advances,Monday, January 28, 2013 |
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| Nathan Lewis - New World Economics |
| The Diminishing Returns of Suburbia |
| Recently, I've talked about the diminishing returns of Heroic
Materialism.
Suburbia is certainly part of our Heroic Materialist modality. Like
other Heroic Materialist patterns of behavior, what once produced
stunning advances,Sunday, January 27, 2013 |
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 | JS Kim - Smart Knowledge U |
| The One Chart That Explains the Massive Risk of Investing in Gold & Gold Stocks |
| Viewing the chart above, a six-year old child could tell you that investing in physical gold and gold mining stocks (as indicated by the AMEX HUI gold bugs index) yielded returns from 2001 to 2012 far superior to the returns of the US S&P 500 Index over the same time period. In fact, the truth of this statement is so self-evident, that if this same child was asked what asset classes he should have been invested in over the past decade by viewing the above chart, the simplicity of that qWednesday, January 23, 2013 |
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| Deepcaster |
| Profit from the Inflation/Deflation Reality in 2013 |
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“There is no practical way that QE can cease here or in Euroland without a total and final collapse of the financial system.”
“The Federal Reserve Really Has No Practical Option To End QE”
Jim Sinclair, jsmineset.com, 1/3/2013
The five year chart of the CRB Index (a Broad Measure of Commodities Prices) shows three descending tops, which is suggestive of Deflation.Saturday, January 05, 2013 |
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 | Gary Dorsch - Sir Charts a Lot |
| Tokyo Plays Hardball, Weakens Yen, Lifts the Nikkei |
| “By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and while the process impoverishes many, it actually enriches some. And not one man in a million will detect the theft,” John Maynard Keynes wrote in 1920.Thursday, December 20, 2012 |
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| JS KIM - SmartKnowledgeU |
| The Essential Newbie Guide for Buying Gold & Silver |
| Bankers have engaged in a huge misinformation campaign against gold and silver to deliberately keep people out of buying physical gold and physical silver and the best mining companies, that while paper, are backed by actual physical gold and physical silver. If you’rea newbie thinking about buying gold and silver assets for the first time ever, here’s what you need to know.Wednesday, December 12, 2012 |
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| Mac Slavo - Shtfplan |
| The Road To Recovery: Over One Million Americans Added to Poverty In Last Two Months |
| They’ll tout the latest unemployment numbers as evidence for the strength of America’s recovery, but despite theirbest efforts to fudge the numbers, the unreported reality is that we are so far gone it’s scary.
The decent into economic oblivion continues at a seeming unstoppable pace. Rather than bloviating about the supposed jobs created in the last month being a clear sign of economic recovery, perhaps a more informed look at how bad things are in modern-day America is to consider the amount of people requiring the aid of federal and state governments to put food on the table and help make ends meet:
The just reportedfoodstamp number for September was a doozy, with 607,544 new Americans becoming eligible forfoodstamps, as a record 47.Tuesday, December 11, 2012 |
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