On the the next radio program: "America’s Decline, the Dollar and Gold" William Engdahl, Brandon Macdonald and Michael Oliver are guests.
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More Record Highs Now A Regular Thing For Dow Jones Industrial Average

Market technician Dave Chojnacki of Street One Financial recaps Monday’s market action and looks ahead to Tuesday, as the Dow continues to be the strongest major new index, recently closing right at its highs of the day. Equities gapped up ... [Read More]

A New Mythology

By: David GordonIf Genevieve Valentine has given us an accurate account, Nancy MacLean has written an incredibly bad book on libertarianism. The book is called Democracy in Chains, and according to Valentine, MacLean traces modern libertarianism to ... [Read More]

We’re in a Boiling-Point Crisis of Exploitive Elites

The "fixes" to the stagnation of postwar Capitalism in the 1970s were financialization, globalism, and the sustained expansion of debt--all have run out of steam. Many of us have written about cycles in the past decade: Kondratieff economic cycles, ... [Read More]

Can We See a Bubble If We’re Inside the Bubble?

We want this time to be different so badly, we can almost taste it. If you visit San Francisco, you will find it difficult to walk more than a few blocks in central S.F. without encountering a major construction project. It seems that every decrepit ... [Read More]

When the System Thwarts Sincere, Hard-Working People, the System Has Failed

The net result is the organization fails its mission even as it adds employees and expands its budget and regulatory powers. One of the most painfully visible symptoms of profound failure is the way our systems now thwart and frustrate sincere, ... [Read More]

The Dead Giveaways of Imperial Decline

Nothing is as permanent as we imagine--especially super-complex, super-costly, super-asymmetric and super-debt-dependent state/financial systems. Identifying the tell-tale signs of Imperial decay and decline is a bit of a parlor game. The hubris of ... [Read More]

We’ve Lost All Sense of the Common Good

The only way to rebuild a Common Good is to radically decentralize political, financial and media concentrations of ownership and power. The theory of American civics is that the competitive process of every group advocating for its narrow ... [Read More]

Help Wanted: Lenders with No Experience (or Short Memories) to Make Risky Mortgages

By: Doug FrenchThey’re back. Subprime mortgages. And loan brokers are needed to start making them. Kirsten Grind, who, by the way, wrote a wonderful book about Washington Mutual (WaMu) entitled The Lost Bank, writes for the Wall Street Journal, ... [Read More]

Where Is The Dow Jones Industrial Average Headed Next?

Market technician Dave Chojnacki of Street One Financial kicks off the new trading week with an update of the important technical levels to focus on for the major U.S. averages, which continue to be in flux amid a weakening tech ... [Read More]

Trump Turns Back the Clock With Cold War Cuba U-Turn

By: Ron PaulNostalgia seems to be very popular in Washington. While the neocons and Democratic Party hard-liners have succeeded in bringing back the Cold War with Russia, it looks like President Trump is determined to take us back to a replay of the ... [Read More]

Retail Apocalypse Engulfs US Economy

You may not see it yet, but the scale of the retail apocalypse is so massive that it is about to engulf the US economy. As when a flood tide has crept around you on all sides while you were standing on a high spot out on the flats, not paying ... [Read More]

With the Dollar Now in a Bear Market, Gold & Gold Shares Should Do Well

Michael Oliver (www.OliverMSA.com) has “focused on this situation for a few quarters now, not so much because it’s an optimal ‘tradable’ situation, but because if the major money units—the Dollar and the Euro especially—moved off dead center, then ... [Read More]

Oliver Suggests No Reason to Panic out of Gold and Gold Shares

The action since December’s major corrective low has been positive, in the sense that from momentum’s point of view it’s built a nice, flat structure around the zero line. Ripe structures usually imply intent. Meanwhile, price looks like it’s in a ... [Read More]

Fed Raises Rates — Will Other Central Banks Follow?

By: Ryan McMakenLast week, the Federal Reserve announced an increase in the Federal Funds rate to 1.25 percent. The last time the target rate reached so high was in September of 2008, when the rate was 2.0 percent. In October of that year, the target ... [Read More]

Week in Review: June 17, 2017

By: Mises InstituteThe Federal Reserve this week raised the Federal Funds Rate a quarter point to 1.25 percent, bringing the rate to the highest it's been in eight years. One might now say monetary policy has progressed from a policy of "ultra low" ... [Read More]

Harry Dent Predicts Sale of a Lifetime

Known to march to the beat of its own drum, commodities often ignore the moves of other asset classes. Prices have fallen for the past six years, heralding the end of the greatest commodities boom in recent memory. Since then, attention has shifted ... [Read More]

Small-Cap Mining Stocks, Big-Time Opportunity

Last month I told you about the upcoming rebalance of the hugely popular VanEck Vectors Junior Gold Miners ETF (GDXJ), and how it would distress shares of junior, small-cap mining stocks. I said then that the rebalance could create some excellent ... [Read More]

Carmageddon Crashes into “the Recovery” Right on Schedule — EXACTLY as Predicted Here

    Carmageddon, as Wolf Richter has called it, is hitting the US economy exactly as I said a year and a half ago would start to happen at the very end of 2016 or the start of 2017. Measured year-on-year, auto sales have ... [Read More]

Peter Klein on How Not to Reform the Fed

By: Peter G. Klein, Jeff DeistArguments for a "rules based" Fed are gaining momentum on both the political Left and Right— and even among some libertarians. Would the adoption of ideas like NGDP targeting and the "Taylor Rule" really make make the ... [Read More]

Government as the Source of Monopoly: US Airlines Edition

By: Peter G. Klein"Is Government the Source of Monopoly?" asked Chicago economist Yale Brozen in an essay first published in 1968. Yes, he answered — not only directly, by awarding exclusive licenses and contracts, but also indirectly, via ... [Read More]