"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •510 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,565.30 | -0.70 | -0.04% |
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WTI Crude •11 mins | 58.19 | +0.24 | +0.41% |
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Gasoline •11 mins | 1.869 | +0.012 | +0.65% |
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Ethanol •510 days | 2.161 | +0.000 | +0.00% |
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Silver •510 days | 30.82 | +1.16 | +3.92% |
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Silver • 510 days | 30.82 | +1.16 | +3.92% | |
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Copper • 510 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 13 mins | 62.75 | +0.27 | +0.43% | |
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Natural Gas • 9 hours | 4.424 | -0.125 | -2.75% | |
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Heating Oil • 19 mins | 2.373 | +0.019 | +0.79% |
Markets
Last Plane Account
In my view hyperinflation is America's greatest threat. It is the natural consequence of what is called "big government" by some and "fascistic government" by others (including me). The federal…
Borrowing America
Instead of building its full faith and credit, the United States government is becoming increasingly faithless and is losing credit by the second while sucking individual Americans into ever-greater debt.
How High Leverage Has Brought Down the Whole Banking Industry
People have drawn parallels between the current failure of IndyMac and the failure of Continental Illinois Bank in 1984, with the expectation that IndyMac will cost FDIC about $4B to…
Agri-Food Thoughts
With paper oil prices having peaked, we keep hearing a question that demonstrates the uninformed minds of many strategists and talking heads in the business media. That question is, "Have…
How to Know Your Bank is Safe ...
First, let me say that Paulson is correct about safety of the majority of our banks. As I understand it, there are approximately 90 banks on their "trouble list" at…
A Short Covering Rally
How do you spell short-selling rally, gentle reader? In this week's Outside the Box we look at several short items (pardon the pun) from various sources, which paint a not…
The Frog in the Pot
At present, the pot of water for gold and silver investors is on the back burner at room temperature. Only once the main market pot begins to boil will our…
Will Europe Escape the Maladies of the U.S.?
We cannot say with sufficient emphasis just how great a danger the series of events the U.S. is going through vis-à-vis the entire world. This does not inspire confidence; it…
Money, Credit, Inflation and Deflation
Loan losses are, in effect, investment losses, and investment losses are not deflationary per se. Investment losses can LEAD to deflation by impairing the economy-wide ability to lend/borrow new money…
Black Swans
"An economic storm is brewing - of unimaginable magnitude - but nobody cares." That is a thought which keeps going over and over in my mind. And that is why…
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