On the the next radio program: "The Money Bubble. What To Do Before It Pops?" James Turk, John Rubino, Daniel McAdams and David Jensen return as guests.
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Gold Friendly BRICS Challenge the Dollar and the Fed

“All the News That’s Fit to Print” is still a slogan published at the top of each daily issue of The New York Times. Yet as I opened my copy of that paper on July 16, not a word was printed to discuss the July 15, 2014, announcement in Brazil by the BRIC nations that they are establishing a $100 billion reserve to bypass the Fed and to develop ... [Read More]

Is Hyperinflation Possible?

The necessity for hyper inflation to evolve in my view would be a dollar collapse which would cause imported goods to rise dramatically in price. That is in fact the scenario that John Williams thinks is inevitably heading our way starting this year. ... [Read More]

The Money Bubble. What To Do Before It Pops?

James Turk, John Rubino, Daniel McAdams and David Jensen return as guests on the next radio program. Turk and Rubino discusses their new book, “The Money Bubble. What to Do Before it Pops?” Both men believe, as does your host, that economic ... [Read More]

The Turn from Treasuries & Federal Reserve Notes to Gold

At first, the result of Exter’s dynamics, in featured graph, is to sell illiquid asset for the “safe” items like U.S. Treasuries and Fed notes. However, as the system goes into reverse, at some point a highly leveraged banking system topples over as ... [Read More]

Monetary Velocity & John Exter’s Inverse Pyramid

John Exter, Central Banker/Economist If there was one person who could best explain the threat of deflation in 2014 despite massive amounts of money creation, it would be the late John Exter. He was a giant intellect who had all the mainstream ... [Read More]

Seeking Alpha Comments

Last week I published a short article titled “A Perfect Storm to Push Gold Higher?” and it was picked up on the Seeking Alpha website. One Seeking Alpha reader named “fishfryer” stated the following: “We have had many catalysts that should have ... [Read More]

What Gold Stocks Need

Most superficial analysis of gold mining stocks suggests that a rising price for gold will automatically result in higher earnings for gold mining profits. That is true but only if the cost of producing gold from the earth does not increase more than ... [Read More]

Krugman’s Latest Debt Denial: Why His Two Magic Numbers Don’t Cut It

Professor Krugman is at it again—–conjuring fairy tales about a benign long-term fiscal outlook. Notwithstanding that the public debt has surged from 40% to 75% of GDP during the six short years since 2008, he claims there is no reason to fret and ... [Read More]

Creditism and the Threat of a New Depression

Once we broke the link between dollars and gold, all the constraints on how much credit could be created were removed. Total credit first went through one trillion dollars in 1964 in the United States, and over the next 43 years, it expanded from one ... [Read More]

Safe Haven ETFs To Evade Geopolitical Tensions

Though the broad U.S. stock market has easily outweighed geopolitical concerns and are hovering near its all-time high, the latest series of events might point to some volatility in the coming weeks. This is especially true as the downing of the ... [Read More]

Prohibition Not Appetite is the Problem

Don Boudreaux  at Café Hayek highlighted yesterday’s Wall Street Journal article by Mary Anastasia O’Grady where she asks “What Really Drove the Children North”? Her answer, “Our appetite for drugs caused the violence that made life unbearable in ... [Read More]

Was There a Global Holiday I Didn’t Know About.

*  Chicago Fed *  China and Switzerland agree *  BRICS *  Basis points And Now. Today's A Pfennig For Your Thoughts. Good Day! And welcome to Tuesday morning. Talk about uneventful. Monday mornings are usually pretty hectic but that just ... [Read More]

Photos from Day 2 of Mises U

Some images from Day2 of Mises U. Roger Garrison: Lucas Engelhardt: Robert Higgs: Jeffrey Herbener: Woods and Block: Guido Hülsmann with students: ... [Read More]

Best European ETFs To Buy In An Uncertain Market

Europe has been the center of most discussions this year. After suffering from the longest recession in decades, European equities started picking up towards the end of last year. However, the going hasn’t been easy for them in 2014, barring Germany, ... [Read More]

What Your Grocery Bill Says About Your Investment Future

For as quickly as food prices are rising, we Americans still have it good compared with the rest of the world. The typical U.S. household spends 6.6% of its monthly budget on food — the lowest among more than 20 countries recently reviewed by the ... [Read More]

Live Stream, 5 PM EST: Roger Garrison Lectures on Austrian Capital Theory

Scheduled for Jul 21, 2014 Monday, July 21 (Central Daylight Time) 1:30 – 2:30 p.m.—The Division of Labor and Social Order | Herbener 2:45 – 3:45 p.m.—Money | Engelhardt 4:00 – 5:00 p.m.—Austrian Capital Theory | Garrison ... [Read More]

New Index Points to a Steep Drop in Asset Prices

If you take an egg and drop it on the floor, it breaks. An egg is fragile. A golf ball, by comparison, is less fragile. It takes a lot more force to crack a golf ball. What about stock prices? Housing prices? Bond prices? Are they eggs or golf balls? ... [Read More]

Photos from the First Night of Mises U

See our Instagram page for more photos. Jeff Deist welcomes the students.  Joes Salerno introduces the faculty. Tom Woods delivers the introductory lecture. Mises U students. Lew Rockwell with faculty, fellows, and students.   ... [Read More]

Classic WHO: FBI Knew About Saudi 9/11 hijacker Ties, But Lied to Protect “National Security”

Here’s one of our most popular—and explosive—pieces of original reporting, which we first ran in June 2013. The FBI apparently has known for a decade about links between powerful Saudi interests and the alleged 9/11 hijackers, and has been forced to ... [Read More]

Oh, Canada, You’re Looking Good

As you know, both Chuck and I are visiting our “neighbors to the north” this week. I’m in Quebec, and will be joining Chuck on the other side of Canada in Vancouver later this week. I always love traveling up here to Canada; especially when I can ... [Read More]

Senator Elizabeth Warren ( D-Ma) Defines Today’s Progressivism

  Warren reviewed eleven tenets of contemporary progressivism  in a July 18 speech before Netroots Nation . She should be commended. Very often progressive politicians prefer to talk about “hope and change” rather than what they  really stand for. ... [Read More]

New Audio Articles from ‘Mises Daily’

Be sure to visit the Audio Mises Daily page if you prefer audio versions of the Daily articles. Some recent titles: Industrial Policy Is Still a Loser by Stewart Dompe & Adam C. Smith Jean-Baptiste Say: An Underrated Revolutionary by Carmen ... [Read More]

Cash-In on the Long-Term Trend in Farmland

The idea we have for you today plays off one of our ongoing themes — “extraction.” “We’ve got a real problem! This is a mathematical fact! Tens of trillions of dollars are being extracted from the United States of America,” ranted MSNBC pundit Dylan ... [Read More]

Keep Up With the Week’s Events on the Blog, Twitter, and Instagram

We’ll be regularly updating you on upcoming talks and events all week during Mises University beginning Sunday evening. See here for the free live video feeds, and the Twitter feed, and the Instagram feed.   ... [Read More]

The IPO that Will Change Your Approach to Investing

“Sweaty palms. Rapid heartbeat. Bulging eyes. Uh oh. Was I having a heart attack?” Those were the very first words published in the Crowdability newsletter I founded exactly one year ago today. As I reflect back on the past 12 months, I’m happy with ... [Read More]

A Bastardized Capitalism that’s Threatening Your Wealth

In the minds of many people around the world, including in the United States, the term “capitalism” carries the idea of unfairness, exploitation, undeserved privilege and power, and immoral profit making. What is often difficult to get people to ... [Read More]