By: Peter Schiff, Euro Pacific Capital, Inc. In a CNBC debate last week, former Labor Secretary Robert Reich presented a set of contradictory beliefs that unfortunately reflect the conventional wisdom of modern…
Category: Financial Commentary
The Economic Crisis No One Saw Coming: A Convenient Untruth
The Economic Crisis No One Saw Coming: A Convenient Untruth August 9, 2010 By Elliott Wave International The single most convenient untruth about the 2008 (and counting) financial crisis is that it…
The Federal Reserve Does NOT Control the Market
FREE eBook reveals why the Fed is powerless to change the economic course By Elliott Wave International As the world’s leading stock markets continue to play stomach-hockey with investors via one triple-digit…
Leading Economic Indicators Keep Rising, but …
Last Thursday the Conference Board published its Leading Economic Index (LEI) for the U.S. In January this historically-reliable indicator increased 0.3 percent after shooting up 1.2 percent in December and 1.1 percent…
Fed’s Currency Swap Lines: A BIG deal for the Dollar
The Fed met this week on monetary policy. It was a bit of a snoozer. What wasn’t a snoozer, however, was what they’ve included in their recent monetary policy statements regarding currencies….
Deflation in Everything But the Cost of Living
By: Adrian Ash, BullionVault Well, this is a pretty pass. Deflation in all things except inflation… THEY WERE SUPPOSED to avert depression. The Bank of England continues to tout their “success”. But…
See No Asset Bubbles … Hear No Asset Bubbles … Speak No Warnings About Asset Bubbles
by Mike Larson Dear Subscriber, Ever see one of those “See no evil, hear no evil, speak no evil” statues or pictures? The ones with the three monkeys, one covering his eyes,…
I Blame Everyone for the Credit Card Fiasco
Dear Subscriber, I was recently talking to my mother, and she started talking about the evil credit card companies, and how they were out to get us all — right now —…
The Next Bust: The “Risk Trade”
A lot of focus was given to the central banks’ meetings this week. That’s because a lot of people would really like to see target rates start moving up from their low…
Greenspan Misapplied Free Market Theory
(My Comments on “Frontline; The Warning”) Silver Stock Report by Jason Hommel, October 23rd, 2009 Thanks to my wife, God bless her, I watched “Frontline: The Warning” night before last. It aired on Oct…