Ron Paul Calls for Audit of U.S. Gold Reserves
In an exclusive interview with Kitco News, Congressman Ron Paul (R-Texas) revealed that next year at the start of the newly inaugurated 112th...
Economics
How Bad Will the Economy Get?
More tough times lie ahead, according to a report on the state of the economy just released by the Congressional Budget Office (CBO)....
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San Fran Fed Finds Another Recession Likely
The San Francisco Branch of the Federal Reserve Bank has found that the United States will more likely than not be dipping back into formal...
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Consumer Prices Increase 0.3 Percent in July
The Department of Labor’s Bureau of Labor Statistics issued a news release on August 13 stating that the “Consumer Price Index for All...
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IMF Report Promotes World Currency
An April report from the International Monetary Fund promoting a world central bank and a global fiat currency went totally undetected by the...
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The Truth About the Paul Ryan/Paul Krugman Flap
The New York Times' leftist columnist Paul Krugman has garnered some headlines recently for attacking the House Republican alternative budget proposal, the so-called...
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Is America Headed Toward a Japanese-Style Economic “Lost Decades”
Just one week after James Bullard of the St. Louis branch of the Federal Reserve Bank released a paper declaring that “the U.S....
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CBO Warns of Greek-style U.S. Debt Crisis
The non-partisan Congressional Budget Office released its most dire warning yet of a looming U.S. debt crisis, openly comparing the U.S. budget situation...
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Smelling a Rat at the IMF
“I smell a rat,” says Robert Wenzel, editor and publisher of EconomicPolicyJournal.com. The rodent whose odor Wenzel detects is the International Monetary Fund...
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Alternative Currencies Flourishing in Germany
Since the introduction of the European single currency, 23 different regional currencies have started circulating in Germany as people aim to revitalize local...
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UN Steps Up Attack On Dollar, Calls for World Currency
After strong criticism of the U.S. dollar in recent weeks from world leaders, the United Nations added more pressure with yet another scathing...
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Banks, Analysts Warn of Massive Money Printing Ahead
As credit and economic activity continue to contract, analysts are warning of big problems and unprecedented fiat-money creation by the Federal Reserve System...
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CBO Labels Current U.S. Debt Path “Unsustainable”
The non-partisan U.S. Congressional Budget Office declared that the U.S. government is on an “unsustainable” path of accumulating debt in a new analysis...
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NYT’s Krugman Claims Europeans Balancing Budgets Means Worldwide Depression
Several European nations recently announced spending cuts to bring their budgets closer to balance in the wake of the current global economic recession,...
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Double Dip Evidence Piling Up
When John Hussman, in his Weekly Market Comment, noted that the Economic Cycle Research Institute’s (ECRI) Index “has slumped to the lowest level...
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