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The End Is Near, Part 1: The “War On Cash”

by John Rubino on April 26, 2015 · 22 comments

As the saying goes, you can know a person by the quality of his or her enemies. This is also true of societies, where moral evolution can be traced by simply listing the things on which they declare war. Not so long ago, for instance, the world’s good guys — the US, Europe’s democracies and […]

 

If Other Gold Miners Can Do What Newmont Just Did, Look Out

The past few years have been brutal for the gold miners, most of which brought it on themselves by starting new, high-cost mines just in time for the metal’s price to crater. The resulting write-downs and operating losses have made this without question the most unloved sector in the whole market. The consensus among analysts […]

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US Factories Crushed By Strong Dollar

Government statistics are always suspect, for at least one obvious reason: Modern economies are way too big and complex to measure in real-time. So virtually every number is revised in the months after its release, frequently to the point of saying something very different. But by then lots of new data has come out and […]

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