What a joke! Headlined in the Financial Times Weekend edition, May 11/12 2013-”Bernanke Warns Against Risk Taking.” Really? Well if he hasn’t been the conduit for ‘risk taking’ then who has it been? He’s got interest rates at zero and … Continue reading →

Here we go again; the Dow closes at a new record high of 15,105.12 today, May 8/2013. Some of you must be wondering how I could have got it so wrong. I have been calling for the winter stock bear … Continue reading →

I can sense that the paper/gold denouement is at hand and that paper is going to be resoundingly defeated in what well might be the final battle between paper and gold in the war that has been ongoing since 1914. … Continue reading →

Yesterday, I was standing on the tee of the short par 3 17th of the Talon course at Grayhawk Golf Club here in Scottsdale, Arizona, watching the corporate jets coming into land at nearby Scottsdale Airport. I remarked to my … Continue reading →

“There was a period  of remorse and apology for banks and i think that period needs to be over. We need our banks willing to take risks…..so we can create jobs” Bob Diamond, US CEO of Barclays PLC (British Bank), … Continue reading →

 Come on, how much longer can this go on? Everyone knows that US debt is out of control and that the government has absolutely no desire to do anything about it. When are the large creditors like China and Japan … Continue reading →

Wow! I don’t know if any of you saw this but when I read it I just thought that at long last people are starting to get it! Get what? That the Federal Reserve is the root cause of all … Continue reading →

Do yourself a favour and read the following two books. First of all I’m sure that if you like history you’ll enjoy them both and secondly you will see how closely our current financial predicament has followed the saga of … Continue reading →

Is the price of gold in a bubble?  No, it is not.  Governments are creating copious amounts of paper money in an effort to return to the days of yore when everything in the economy seemed to be working, if … Continue reading →

Last night, I watched the film entitled The Road. The basis of the story has the world undergoing a catastrophe of such immense proportions that there are no animals and no food left for the few remaining humans. The film … Continue reading →