By Axel Merk In our previous white paper on gold, we discussed two key reasons investors typically cite as critical decision making factors supporting an investment in gold: as a form of protection against inflation and as a safe haven investment. We showed that current dynamics may support these investment theses over the foreseeable future: […]
Too Many Victims, Not Enough Responsible Behavior
November 28, 2012 Leave a Comment
The story of the 409 pound woman who allegedly died due to the airlines inability to accommodate her huge mass ignited a flood of opinions on “who was to blame”. The number of comments on Yahoo soared past 23,000 with many decidedly unsympathetic comments. The death of a 407-pound woman after being denied boarding on […]
The Dow Has Soared 100% Since 2009 – What’s Next?
November 28, 2012 Leave a Comment
Since the depths of the financial crisis in early 2009, the Dow Jones Industrial Average has soared 105%, rising from 6,627 on March 2, 2009 to a recent high of 13,610 on October 1, 2012. At the bottom in early 2009, most investors were contemplating the collapse of the entire U.S. financial system and the […]
The Greater Fool Theory On Presidents and Voters
November 16, 2012 Leave a Comment
The voters have spoken but what have they said? The following view on how the U.S. is viewed by one Czech analyst appeared on Peter Grandich’s website. Never underestimate the power of the American public to vote with their pocketbooks while ignoring the larger fundamental economic issues which ultimately threaten the wealth of all Americans. […]
How Did Americans Feed Themselves Before Food Stamps?
November 10, 2012 Leave a Comment
We can pretend not to see it but something is very wrong when 45 million people or almost 15% of the entire population of the U.S. allegedly can’t earn enough money to feed themselves. Is the explosion in the food stamp program a result of fighting hunger in America or is it the result of […]
A Profound Thought On Morality
November 6, 2012 Leave a Comment
An analysis on the morality of same sex marriages from the Weekly Standard: “To argue that opposition to same-sex marriage is immoral is to argue that every moral thinker, and every religion and social movement in the history of mankind prior to the last 20 years in America and Europe was immoral. About no other […]
Unemployment Levels In The U.S. Have Always Been Volatile
November 2, 2012 Leave a Comment
The worse part of the financial crisis that started in 2008 was the shocking manner in which unemployment levels skyrocketed. In a very short period of time the unemployment level more than doubled from 4.5% to around 10% at the peak. The latest numbers from the Labor Department show hope, as the unemployment rate continues […]
The Entire Eurozone Has Entered The Dark World Of Economic Depression
November 2, 2012 Leave a Comment
Both governments and banks are insolvent across Europe. The only finger in the dike that is preventing a broad economic collapse is the rampant printing of money by the European Central Bank. Unfortunately, printing money has never resulted in economic prosperity, it simply delays the final collapse of insolvent governments. Depression levels of unemployment throughout […]
Will The U.S. Confiscate Gold Again?
October 31, 2012 Leave a Comment
Many precious metals investors are worried that the United States may decide to confiscate gold again, as was done in 1933 when President Roosevelt signed Executive Order 6102. Executive Order 6102 required all persons to deliver on or before May 1, 1933, all but a small amount of gold coin, gold bullion, and gold certificates […]
Are Children Who Move Back In With Their Parents Losers?
October 29, 2012 Leave a Comment
It has been widely reported that an increasingly large number of children are moving back in with their parents, some after completing four expensive years of college. Pew Research conducted a recent study that examines the circumstances associated with the decision by many young people to move back in with their parents. If there’s supposed […]