Gold Prices Soar on Fed News, Other Factors
A combination of several factors, including a declining dollar and the Federal Reserve’s announcement that it would keep interest rates at virtually zero...
Markets
Unemployment Numbers, Regime Uncertainty, and Regulatory Surge
Last Friday’s unemployment numbers, on the surface at least, appeared to reflect a growing,...
The Free Market is Brutal: Kodak Loses; Consumers Win
After 131 years, it appears that Eastman Kodak will be declaring Chapter 11 bankruptcy...
Ethanol Subsidies Disappear, Mandates Remain
The Washington Post’s editorial celebrating the ending of ethanol subsidies iterated the same free-market...
New York Times Continues Free Fall
With the latest announcement of its sale of 16 newspapers, the New York Times...
Fed, National Banks Decide on More Global Inflation
The Federal Reserve Bank and five other central banks across the world cut the...
U.S. Fed Bailout of Euro Prompts New Push for Audit & Sound Money
As central banks around the world unleashed a coordinated deluge of new money to...
Gadhafi’s Gold-money Plan Would Have Devastated Dollar
It remains unclear exactly why or how the Gadhafi regime went from “a model”...
Big Banks Shift Their Derivatives Exposure Onto U.S. Taxpayers
When Bank of America announced that it was moving its derivatives-laden portfolio at its...
Unemployment Rate Unchanged, 103K Jobs Added
The U.S. economy added 103,000 new jobs in September with the unemployment rate holding...
Bernanke’s Economic Cure: More Deficit Spending, Re-Inflate Housing Bubble
Federal Reserve Open Market Committee Chairman Ben Bernanke's told the congressional Joint Economic Committee...
Home Sales Drop to Two-Year Low
Americans have invested in homes in many ways for a long time. During the...
Obama’s “Green Economy” Debacle
With the United States’ official poverty rate now at a seventeen year high of...
Aware of Price Manipulation, China Fighting Dollar With Gold
Information cited in a leaked 2009 diplomatic cable from the U.S. embassy in Beijing...
Government Reports No New Jobs in August, Markets Tumble
The U.S. Bureau of Labor Statistics (BLS) reported that the economy added no new...
Apple CEO Steve Jobs Resigns
Steve Jobs, the CEO for Apple Inc., announced on Wednesday that he could no...
Greenspan: Gold is a Currency, Euro “Breaking Down”
Former Federal Reserve boss Alan Greenspan (left) made headlines this week when he said...
Bank of America Blames Stock Price Decline on Analyst
When Henry Blodgett explained that the reason for the decline in the price of Bank...
Did George Soros Profit from U.S. Credit Downgrade?
Many suspect leftist billionaire George Soros (left) of having profited from Standard & Poor's...
China Calls for Global “Supervision” of Dollar, New World Currency
The communist Chinese dictatorship blasted the U.S. government for endangering its massive dollar holdings,...