"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •118 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,024.80 | -34.50 | -3.26% |
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WTI Crude •10 mins | 69.03 | +1.82 | +2.71% |
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Gasoline •12 mins | 2.002 | +0.050 | +2.57% |
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Ethanol •118 days | 2.161 | +0.000 | +0.00% |
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Silver •118 days | 30.82 | +1.16 | +3.92% |
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Silver • 118 days | 30.82 | +1.16 | +3.92% | |
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Copper • 118 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 72.90 | +1.78 | +2.50% | |
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Natural Gas • 10 mins | 2.839 | -0.020 | -0.70% | |
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Heating Oil • 10 mins | 2.196 | +0.062 | +2.90% |
John Browne
Contributor since: 26 Feb 2010
Biography
John Browne is the Senior Economic Consultant for Euro Pacific Capital, Inc. Mr. Brown is a distinguished former member of Britain's Parliament who served on the Treasury Select Committee, as Chairman of the Conservative Small Business Committee, and as a close associate of then-Prime Minister Margaret Thatcher. Among his many notable assignments, John served as a principal advisor to Mrs. Thatcher's government on issues related to the Soviet Union, and was the first to convince Thatcher of the growing stature of then Agriculture Minister Mikhail Gorbachev. As a partial result of Brown's advocacy, Thatcher famously pronounced that Gorbachev was a man the West "could do business with." A graduate of the Royal Military Academy Sandhurst, Britain's version of West Point and retired British army major, John served as a pilot, parachutist, and communications specialist in the elite Grenadiers of the Royal Guard.
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Shifting Sands
The monstrous typhoon that pounded away at coastal areas of the Pacific last weekend certainly qualified as a disaster for anyone who happened to be…
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The Thrill of a Lifetime?
Anyone looking for thrills these days should forget roller coasters and skydiving. Instead, simply buy a few shares of U.S. stock. The past year has…
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Dead Banks Walking
In recent weeks, the financial world has been dazzled by strikingly high earnings reported by our leading investment banks... or at least what we used…
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Skating on Thin Ice
As 2009 moves past its midpoint, many market participants are briskly trying to forget the carnage of 2008 and the first quarter of 2009. But,…
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Bad for the Goose, Worse for the Gander
Last week, major banks announced they would no longer offer cash for the IOU's written by the state of California. At the same time, China…
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Dead Cat Bounce
In economics, as in many other "soft sciences," facts are often overshadowed by theories. The dominant economic theory currently in vogue is that the massive…
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Buying On Spec
Through its rhetoric and actions, the Obama Administration has made it clear that no matter the current or future costs, the federal government will not…
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Not Green Shoots Just Falling Leaves
While corporate earnings fell by some 38 percent in the first quarter, a dismal performance by just about anyone's reckoning, Wall Street took heart that…
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Flying Kites
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There Goes The Country
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False Confidence
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The Sleepwalkers Rally
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Socialism Coming back to Haunt U.S.
America is more than a country; it is the ideal of liberty. In economic terms, liberty translates into the entrepreneurial spirit of hard work, risk…
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China Stirs a Pot of Gold
This week, based on indicators of improving Chinese manufacturing activity, commodity and stock markets surged in the Pacific Rim. It appears that China's recession-fighting policies…
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Stress Tests are Not Stressful Enough
Last week, when the U.S. Treasury unveiled the basics of their lender "stress tests", the Fed concluded that "most U.S. banking organizations currently have capital…
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Too Big to Survive
On April 20th, Bank of America announced a first quarter surge in earnings to $4.2 billion. At first blush, it looked like the kind of…
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Partners in Crime
Rightly, the students of Austrian Economics have laid the blame for the current economic crisis squarely on the doorstep of the Keynesian policies of governments…
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What Really Happened in London
Last week's gathering in London of the leaders of the 20 foremost economic countries in the world had been billed as the most important global…
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Decoupling Set to Increase
This week, the leaders and finance ministers of the 20 most economically important nations, or G-20, will convene in London to develop coordinated policies that…
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Building on a Weak Foundation
With a series of coordinated pronouncements and media events, the Obama Administration has recently been trying to send a signal to investors. But the message…
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