On the the next radio program: "Basel III & Gold. Rocket Fuel Added for Gold’s Next Takeoff " Andrew Maguire, Chris Taylor and Michael Oliver are guests.
Buy Gold online from GoldMoney. See ads on this page. Click on Newsletter in top menu to learn more about Jay's newsletter.

Worshiping the State – How Liberalism Became Our State Religion

Dr. Benjamin Wiker visits for the first time as a guest on the show, while Michael Oliver and Bob Moriarty return. The U.S. Constitution prohibits the U.S. Government from establishing or funding a religion, but Dr. Wiker explains why that is exactly what the U.S. government does when it funds all manner of liberal policies of the political left ... [Read More]

Under “Basel III” Rules, Gold Becomes Money!

Thanks to Chris Powell of the Gold Anti Trust Action committee (GATA), I was alerted to the fact that on March 29th, new BIS rules, termed “Basel III,” will go into effect. Those rules will allow physical gold bullion (but not paper gold) to be on a ... [Read More]

My Interviews with Companies I Brought to the MIF

Below are links to the presentations of the companies I brought to the MIF in Toronto in early March, which are covered in my newsletter and are some of my favorites, as well as my one-to-one interview with each one of them.  You can just click on ... [Read More]

Will America Face an Economic Recession in 2019?

Danielle DiMartino Booth, Michael Oliver and Robert Moriarty return as guests this week on the radio program. Danielle who always provides insightful commentary regarding the Federal Reserve and its monetary policy, especially during times when ... [Read More]

Politics Has Failed, Now Central Banks Are Failing

With each passing day, we get closer to the shift in the tide that will sweep away this self-serving delusion of the ruling elites like a crumbling sand castle.Those living in revolutionary times are rarely aware of the tumult ahead: in 1766, a mere ... [Read More]

The Fed Has Given Up: Get Ready for More QE

The Federal Reserve's Federal Open Market Committee on Wednesday voted unanimously to keep the federal funds rate unchanged. Overall, the FOMC signaled it has made a dovish turn away from the promised normalization of monetary policy which the Fed ... [Read More]

Classical Economics vs. The Exploitation Theory

For more than a century, one of the most popular economic doctrines in the world has been the exploitation theory. According to this theory, capitalism is a system of virtual slavery, serving the narrow interests of a comparative handful of ... [Read More]

Australia’s Gun Laws and Homicide: Correlation Isn’t Causation

In the wake of the March 15 New Zealand shootings, advocates for new gun restrictions in New Zealand have pointed to Australia as "proof" that if national governments adopt gun restrictions like those of Australia's National Firearms Agreement, then ... [Read More]

Capitalism Turns Luxuries Into Necessities

Bashing the rich is all the rage these days. In a clear appeal to envy, Democratic leaders are trying to outdo each other with escalating bids on how much of rich’s wealth should be stolen by government. In one tweet, Elizabeth Warren called out a ... [Read More]

Daily Digest 3/21 – Aluminum Makers Ditch Can Business, The Whole Globe Is Slowing

Buy Gold, Sell Stocks Is the ‘Trade of Century’ Says One Hedge Fund This sector should post earnings growth double the market, but the trade comes with some risks Health Plans For State Employees Use Medicare's Hammer On Hospital Bills FedEx just ... [Read More]

Basel III & Gold: The Big Picture

MAR 21, 2019 There has been a lot of talk lately about Basel III and a potential return to a gold standard. Find out what it is, and what Mike Maloney feels is happening in today's latest update. ... [Read More]

Central Banks Are Messing with Your Head

Human action and the interest rate People value present goods more highly than future goods. For instance, an apple available today is considered more valuable than the same apple available in, say, one month. This is expressive of time preference – ... [Read More]

Which Nations Will Crumble and Which Few Will Prosper in the Next 25 Years?

Adaptability and flexibility will be the core survival traits going forward.What will separate the many nations that will crumble in the next 25 years and those few that will survive and even prosper while the status quo dissolves around them? As I ... [Read More]

The Place of Economic Calculation in the Economic Theory of Ludwig von Mises

  ABSTRACT: In exalting the subjectivity of value, the marginalist revolution posed a fundamental problem for economic theory. Each person chooses how to allocate his means and thereby, economize his actions by rank ordering the value of ... [Read More]

Mises’s Contribution: International Cantillon Effects

Ludwig von Mises’s contributions stood out against the background we outlined previously in mainstream international economic theory. Mises did not employ an analytical distinction between domestic and international trade, and unlike his contemporary ... [Read More]

The Battle of Shiloh, Part 1: I “Would Fight Them If They Were A Million”

Season 3, Episode 49 Following the victories at Forts Henry and Donelson, Grant’s commanding officer still wanted to remove him from command. During this time, he formed a strong friendship with William Tecumseh Sherman. As the Union army was ... [Read More]

The Lost Fifth Volume of Conceived in Liberty

Murray Rothbard was a genius. One aspect of this was his writing as an American historian. He was every bit as significant a scholar here as he was as an economist and philosopher. For example, there is his stunning four-volume history of early ... [Read More]

Peter Klein Discusses Christina Romer, Bill Clinton, Israel Kirzner, and Entrepreneurship

Austrian economist Peter Klein talks with Bob about his unusual (for a Rothbardian) career path, including his time working for the Council of Economic Advisors to Bill Clinton. They discuss Klein’s work on entrepreneurship, and how his views differ ... [Read More]

Palladium Soars, While Gold Crawls, Higher In Price!

A Pfennig For Your Thoughts March 20, 2019 * Currencies and metals didn't move much on Tuesday... * What does currencies should we be looking to buy? Good Day… and a Wonderful Wednesday to you! Well, I told you yesterday that if things ... [Read More]

What a “Hard Brexit” Could Mean for the UK

When Britons voted on June 23, 2016 on whether or not to leave the EU there was no discussion of a "hard or soft Brexit". These terms were invented after Brexit passed by a surprisingly large margin and the mostly anti-Brexit Tory Party government, ... [Read More]

Daily Digest 3/20 – Intergenerational Theft, How Much Oil Is Displaced by Electric Vehicles? So Far, Not Much

Palladium hits record high as supply woes mount on likely Russia ban How Much Oil Is Displaced by Electric Vehicles? Not Much, So Far No end date for South African power cuts as capacity shortages persist CalPERS moving forward with $20 billion ... [Read More]

The Neutered Fed Is Politically Trapped

Everyone now knows that the only meaningful goal of Fed policy is propping up the world's greatest credit-asset bubble.In this era of fake news and deep-fake digital recordings and images, it's important to use unedited images. With this firmly in ... [Read More]

Off The Cuff: Inflationary Pressures Are Rising

In this week's Off The Cuff podcast, Chris and Axel Merk discuss: Powell's Non-Message He's trying to be as boring as possible to keep the markets placid Rising Inflation We may quickly go from "too little" inflation to "too much" Good ... [Read More]