On the the next radio program: "Frank Holmes on Gold & Markets in General" Frank Holmes, Eric Coffin and Michael Oliver are guests.
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The High Cost of Occupational Licensing

One of the most fundamental things about economics — which many people who are passionate about politics do not understand — is that the economy is not like a chess board where you can move one piece with deterministic and predictable consequences. ... [Read More]

A Perfect Storm for Gold

As of the close business on August 14, 2019 your editor’s monthly average gold price chart (based on the London PM Fix) displayed an average price so far this month of $1,479.78. Clearly, we are in a profound new bull market for gold as evidenced by ... [Read More]

Why $100 Bills Are Now the US Dollar’s Most Common Banknote

By: Michael J. Hoffman The “War on Cash” which remained largely under the radar for years, and few have seemed to notice this assault on physical currency by governments around the world, other than the libertarian movement. This is no ... [Read More]

Why Joe Biden Is Winning the Gun-Control Debate

There are two fundamental arguments most commonly made against gun control. The Anti-Crime Argument The first one is based on the idea that persons have a fundamental right to self-defense against ordinary criminals. That is, in a world where ... [Read More]

The Problem of Immoral Choices in the Marketplace

[Excerpt from Man, Economy, and State with Power and Market, chapter 6: Antimarket Ethics: A Praxeological Critique (2009), pp. 1303–06.] Some writers are astute enough to realize that the market economy is simply a resultant of individual ... [Read More]

White Collar Welfare: What It’s Like to Work for the Federal Government

Shannon O’Toole, according to the author's biography on Amazon, “worked extensively to identify fraud in multiple government programs. She received countless accolades and honors for her achievements and finally the prestigious HUD Secretary’s Award ... [Read More]

Las escuelas de negocios necesitan más economía austriaca

By: Fernando Monteiro D'Andrea En un reciente tweet, Philip Kotler, autor del libro de marketing más utilizado en las escuelas de negocios de postgrado de todo el mundo, sugirió que el gobierno debería hacer mucho más para reducir la ... [Read More]

Daily Digest 8/15 – Recession Fears Just Hit 8-Year High, How Arctic Wildfires Change The World

Economy Recession fears just hit an 8-year high for the biggest investors on Wall Street (Thomas R.) The firm’s latest fund manager survey showed that 34% of investors think a recession is likely in the next 12 months, while 64% still think one is ... [Read More]

The Problem with Private Prisons Is Not that They Are Private

The Brennan Center for Justice recently published a collection of essays, all written by far-left politicians, about how the United States might solve the problem of mass incarceration. Bernie Sanders contributed an essay titled “Abolish For-Profit ... [Read More]

Business Schools Need More Austrian Economics

By: Fernando Monteiro D'Andrea In a recent tweet , Philip Kotler, author of the most widely used marketing book in graduate business schools worldwide suggested that the government should be doing much more to reduce inequality. To quote ... [Read More]

The Road to Hell Is Paved with Virtue-Signaling

The idea that everything will be solved if we borrow a couple more trillion and give it away is the dominant paradigm.Here in the decay phase of Imperial Pretensions, The best lack all conviction, while the worst are full of passionate ... [Read More]

Endgame for the Fed?

By: Ron Paul The Federal Reserve, responding to concerns about the economy and the stock market, and perhaps to criticisms by President Trump, recently changed course on interest rates by cutting its “benchmark” rate from 2.25 percent to two ... [Read More]

The Rise of Capitalism

The precapitalistic system of production was restrictive. Its historical basis was military conquest. The victorious kings had given the land to their paladins. These aristocrats were lords in the literal meaning of the word, as they did not depend ... [Read More]

We Interrupt This Market Plunge To Bring You This Important Message…

What an ugly day for the markets. A sea of red everywhere (except for volatility): The major indices lost 3% pretty much across the board. We’ve been tracking the drivers underlying the market meltdown here on the site pretty much hourly. And you ... [Read More]

Lew Rockwell speaking at Ron Paul Institute’s “Breaking Washington’s Addiction to War”

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Myths about Gold as an Investment Medium

James Turk, Peter Tallman and Michael Oliver return as guests on the next radio program. Mainstream investment pros are starting to buy gold to “hedge" their equity portfolios. But most investment pros hate gold given their training in Keynesian ... [Read More]

Why Roddy Piper Was Too Rowdy in ‘They Live’

Bob Murphy analyzes John Carpenter’s 1988 cult classic They Live, starring Roddy Piper. After making some general observations about the major thematic elements, Bob critiques the main character’s strategy for dealing with an alien takeover of the ... [Read More]

Global Central Banks Move To Keep The Party Rolling – Part III

This section of our multi-part article regarding current and past central bank actions, we are going to attempt to look at key elements of the past and present to highlight what we believe may turn out to be an incredible “setup” in the global ... [Read More]

It’s Data Day In The U.S. Today…

A Pfennig For Your Thoughts August 14, 2019 * Da Boyz Are Back In Town, per Ed Steer * The Strong dollar trend remains in place, but for how much longer? Good day... And a Wonderful Wednesday to you. I'm falling apart... I'll just leave it ... [Read More]

Getting Nervous About the Stock Market? Here’s Your Antidote

By Jeff Clark Senior Analyst, GoldSilver.com If you didn’t catch it, gold has passed the S&P 500 in year-to-date performance. Through August 12, gold is up 18.1%, while the S&P has risen ... [Read More]