John Browne

Contributor since: 26 Feb 2010

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Biography

• A Test of Wills

  Published 18 March 2009 | viewed 4,311 times

  Last weekend, Ben Bernanke took an unprecedented gamble for a sitting Fed Chairman: he granted a long-form interview to 60 Minutes, America's most watched news…

• Reports of Profits While Banks Fail

  Published 11 March 2009 | viewed 4,610 times

  This week Citigroup shocked Wall Street by announcing that the company would be profitable in the current quarter. At the same time, the Obama Administration…

• The Best of Times, The Worst of Times for U.S. Dollar

  Published 04 March 2009 | viewed 4,277 times

  When President Obama took over the reins of government just six weeks ago, he stood at a historic crossroads. His decision on which route to…

• Sickness May Be Cure for U.S. Economy

  Published 25 February 2009 | viewed 4,003 times

  Everyone has been guilty, at one time or another, of ignoring a cold. Though you knew you were sick, you may have kept working hard,…

• Gold Climbs as Economic Catastrophe Looms

  Published 18 February 2009 | viewed 8,262 times

  Last week, when Congress passed its $787 billion stimulus package, the size of the plan caused many observers to forget the water that has already…

• Pelosi Stimulus Casts Shadow Over Obama, America, World

  Published 10 February 2009 | viewed 5,312 times

  In a sign that may reveal much about the current deal-making environment in Washington, House speaker Nancy Pelosi has outmaneuvered the Obama Administration in the…

• The Road to Bank Nationalization

  Published 05 February 2009 | viewed 3,810 times

  This week, seven major corporations announced major layoffs, adding 72,000 to the unemployed. At the same time, lending by the big banks fell. With falling…

• Smaller Stimulus Leaves Room For Restructuring

  Published 21 January 2009 | viewed 3,465 times

  As all recovery hopes are now pinned on the efficacy of Washington's next stimulus package, President Obama has opened the bidding at $825 billion. Most…

• Price Gap Portends Gold Price Boom

  Published 14 January 2009 | viewed 4,948 times

  Most consider the New York market 'spot' price for an accurate indication of the true price. However, investors now buying buy physical or 'fabricated' gold,…

• Government Panic Could Herald Dollar Panic

  Published 07 January 2009 | viewed 4,401 times

  One of the few things more troubling for an economy than government intervention is government intervention driven by panic. Time and again, history has shown…

• Bonds in 2009: A Tough Call

  Published 02 January 2009 | viewed 4,375 times

  The second half of 2008 will be remembered as the era in which justifiably panicked investors fled the global equity markets and flooded into the…

• 2009 - Likely Vintage Year for Gold

  Published 19 December 2008 | viewed 4,317 times

  The Federal Reserve estimates that in the past year losses in real estate, stocks and mortgages have sucked out some $7.2 trillion of wealth from…

• Congress Votes for Misemployment

  Published 11 December 2008 | viewed 4,791 times

  Today, Congress signaled its intention to use $15 billion in public money to bail out the "Big Three" automakers with a so-called "bridging" loan. You…

• An Historic Challenge for New Leadership

  Published 04 December 2008 | viewed 3,406 times

  At long last it is official. Even the government's own statisticians now admit that we are in a recession. They have even concluded that it…

• Deleveraging Pushes Up the Dollar

  Published 26 November 2008 | viewed 4,733 times

  In view of the economic crisis facing the American and global markets, the recent strength of the U.S. dollar has confounded analysts. After all, the…

• China Plays a Better Long Term Hand

  Published 19 November 2008 | viewed 4,085 times

  As Peter Schiff and I have long warned, America's reliance on borrowing and consumption to fuel economic activity would result in the wholesale destruction of…

• China Gets it Right, But Hurts America

  Published 12 November 2008 | viewed 5,593 times

  The announcement of a massive stimulus package of almost $600 billion shows that China means business not just in reviving, but also in rejuvenating its…

• Obama to the Rescue?

  Published 05 November 2008 | viewed 4,388 times

  Having received 62.5 million votes, Barack Obama has earned a spectacular personal victory and a clear mandate to bring some form of change to the…

• Reality Dawning...For Gold

  Published 30 October 2008 | viewed 6,850 times

  Despite the fact that the governments of the G-7 nations have injected some $3.5 trillion into their financial systems to prevent a meltdown of the…

• A Missed Opportunity

  Published 22 October 2008 | viewed 5,341 times

  Most Americans have come to accept the simple truth that we have eroded our national wealth by consuming far more than we produce. With this…