Hyperinflation is now here: throwing gasoline on the fire
Kapitalcon cited my post discussing the $223 billion dollar US Federal deficit in February, and then went further to predict QE III: Important to note is the Federal Reserve’s recent announcement that...
View ArticleThe Secret of Oz: Anti-central bank, anti-gold standard
This film was certainly interesting and well-made. It is in favor of fiat money which is controlled not by central banks but by democratic government. The title is based upon Hugh Rockoff’s...
View ArticleWeimar America: I. It’s starting
I have been flabbergasted by the lag between the price of crude oil, now at $108, and the cost of certain Canadian junior and intermediate oil companies, whose share prices have not kept up with...
View ArticleStuck on stupid I: More education bubble stuff
I saw a young man, whose mother is from Boston, at the US Consulate General in Toronto; the consulate refused to acknowledge his US citizenship and issue him a passport yesterday. He blamed the Tea...
View ArticleWeimar America: II. O Happy Day, a compromise has been reached (rev.)
Update: I learn from Rick Moran that the $38.5 billion in cuts weren’t from the quarterly deficit but of the annual budget. I revised the post to reflect that. I am as delighted about the compromise...
View ArticleShorting the US dollar
I continue my winning strategy of shorting the U.S. dollar. Since about the summer of 2009, I devised a strategy whereby I use the available margin in my combined US/Canadian trading accounts to...
View ArticleA Canadian explanation of global monetary policy
One of my kitties decided to stay out all night, and consequently I had trouble sleeping and found myself wide awake in the wee hours of the AM. So I turned to Market Watch and Bloomberg News to see...
View ArticleDo you need an emergency fund? Reflexions on what to do in a high inflation,...
Tyler and Claire require $85,000 to renovate their house but started saving late and now want some advice. So the Globe and Mail enlisted the services of TD Waterhouse investment advisor, Eric Davis....
View ArticleJames Grant on Money: Gold money news
James Grant seems to be one of the brighter people in the financial industry with a good grasp of history and money. Here is an interview with Gold Money News, a little dated, but timeless. The best...
View ArticleFocus on what is real not what is reified
Kevin Graham, who was recently featured at the Globe & Mail, continues to write about DIY investing at his blog. Recently, he wrote against oil investing, “Five reasons that oil prices will fail“....
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