This week the focus shifted from Europe, where (apart from the French World Cup team) things are quiet, to the US, where state budget deadlines are forcing some tough, and occasionally bizarre, choices. Time Magazine’s cover, for instance blares “The Broken States of America”. An excerpt: … Almost no one — and no place — [...]

Posts tagged as:
dollar
Here’s a wake-up call from Gary North of the Ludwig von Mises Institute on why our idea of retirement will turn out to be a cruel joke. A few quotes: Social Security will go bankrupt…The average American is going to have a miserable retirement. There’s not much a recent retiree can do. They’ve walked into [...]
A couple of articles appeared today that couldn’t be more different in tone, content, or point of view, but dovetail in a really disturbing way. The first is from University of Texas economist James Galbraith on how we’re rich enough to afford pretty much whatever we want: The national security shell game Deficit hawks are [...]
On its long journey to the land of bankruptcy, the Western world recently arrived at the last and most important crossroad. One branch led to a 1930s-style collapse under the weight of already-accumulated debt, while the other led to hyperinflation, as printing presses ramp up to stave off collapse. The U.S. didn’t even slow down; [...]
With guys like Ron Paul, Peter Schiff and Marc Faber suddenly getting a lot of airtime, the number of compelling videos available on YouTube is soaring. I’ve been sifting through them to build a “classic videos” file with the idea of posting one or so each week. Here’s the first in the series, Hyperinflation Nation, [...]
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Best of the Web
The Most Damaging Propaganda Campaign in History – Mandelman Matters
Quantitative Easing Two – Doug Noland, PrudentBear
Inflation Versus Deflation Tournament Game 3 – Eric Jasnzen, iTulip
Should China Dump Dollars for Commodities? – Mike Shedlock
The Ruling Elite Called – Jim Quinn, Burning Platform
Jim Rickards, Part 2 – King World News
What Should I Do?: The Basics of Preparation (Part I) – Chris Martenson
Jim Rickards Interview – King World News
Mixed Signals – Ryan Puplava, Financial Sense
What Is It? – James Howard Kunstler
Red Alert: Gold Backwardation!!! – FOFOA
Winter Warning – Long Wave Group
The State the Welfare State is In – Bill Bonner, Daily Reckoning
FOA on Hyperinflation – FOFOA
Trichet Challenges Inflationism – Doug Noland, PrudentBear
Sultans of Swap: Gold Swap Signals the Roadmap Ahead – Gordon Long
Feeding the Dragon – Theodore Moran, Scribd
The Big Picture According to TAE – Automatic Earth
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Breaking News
The Economy
7/30
GDP: 3 years of massive downward revisions – Mish
7/30
GDP slows in second quarter to 2.4% rate – MarketWatch
7/30
Business activity in US expanded faster in July – Bloomberg
7/30
Consumer sentiment sags to lowest since November – Yahoo! News
7/30
Cities threaten to cut 500,000 jobs – CNN Money
7/30
Americans buy iPads, broke in new abnormal economy – Bloomberg
7/29
Japan unemployment rate increased to 7-month high – Bloomberg
7/29
Words from the wise – Casey Research
7/29
The new normal: Americans cutting back – Yahoo! Finance
7/29
"A modern-day depression" – Yahoo! Finance
7/29
Europe economic confidence rises as exports improve – Bloomberg
7/29
California approaches "fiscal meltdown" – Mish
7/29
Thursday thoughts - GDP up, jobs down – Phil's Favorites
7/29
Jobless claims in US declined by 11,000 – Bloomberg
7/29
Bill Gross ponders "deep demographic doo-doo" – Mish
7/29
New law exempts SEC from public disclosure – Fox Business
7/28
More furloughs for CA state workers – The Sacramento Bee
7/28
Advice for surviving a "meat-grinder" market – Yahoo! Finance
7/28
Hooray for the economic recovery!...of 2016 – Daily Reckoning
7/28
Durable goods orders fall as growth picture dims – ABC News
7/28
International forecaster July 2010 – GoldSeek
7/28
Niall Ferguson debates himself – Think Progress
7/28
Economic warnings from two respected analysts – GoldSeek
Precious Metals
7/30
GDP = grossly distorted punditry – Kitco
7/30
Silver looks better than gold – Kitco
7/30
Gold's on the cusp of a parabolic move up – Casey Research
7/30
Silver can shine for ETF holders – TheStreet
7/30
Crisis provides investors bargain opportunity – SafeHaven
7/29
Gold down, but radical bugs aren't out – MarketWatch
7/29
Goldcorp, Agnico profits jump – Reuters
7/29
Slicing the salami – Casey Research
7/29
James Turk interview – GoldSeek Radio
7/29
Gold - the battle is already won – GoldSeek
7/28
Will gold coins suffer fate of $10,000 bill? – OilPrice.com
7/28
Gold confiscation: straws in the wind – Casey Research
7/28
Platinum going... platinum? – Kitco
7/27
Gold prices drift lower – TheStreet
7/27
Welcome back, Hecla – 24hGold
7/27
What is George Soros up to in the gold market? – 24hGold
7/26
The U.S. Mint's lame excuse for rationing gold and silver coins – GATA
7/26
Business magazine publicizes gold price suppression scheme – GATA
7/26
A silver lining at $20.78 an ounce! – Sovereign Society
7/26
How to buy your kids a house – Casey Research
7/26
Gold loses more ground after housing numbers – MarketWatch
7/26
Why do US asset managers fear confiscation of gold? – SafeHaven
7/26
The LBMA joins the gold squeeze cover-up – GATA
The Dollar
7/30
A rock and a hard place – Casey Research
7/30
Why more quantitative easing can't be avoided – GoldSeek
7/30
Spain reports 20%+ unemployment – SafeHaven
7/30
More proof of lunacy of EU bank stress tests – SafeHaven
7/29
U.S. close to Japan-style deflation, Bullard says – MarketWatch
7/29
Euro nears level not seen since European bailout package – MarketWatch
7/29
Sovereign debt and currency issues 'likely to reemerge' – CNBC
7/29
Euro rescue fund authorized to sell debt – Bloomberg
7/29
The Fed flashes the nuclear QE trump card – Global Money Trends
7/29
Deflation revisited (the studio version) – Automatic Earth
7/28
The Fed plays the nuclear QE trump card – Financial Sense
7/28
Austrian money supply metrics, now global – True/Slant
7/28
Deflation: the black swan has been sighted – Elliott Wave International
7/28
US dollar stress next? – GoldSeek
7/27
Australian consumer price growth slows on food, recreation – Bloomberg
7/27
"It IS 2008 again. So, what's in PLAY?" – 321Gold
7/27
Influential commentators urge the Fed to raise pace of pumping – 24hGold
7/27
John-Claude Trichet challenges inflationism – Casey Research
7/27
India raises lending rates by 0.25 points to 5.75% – MarketWatch
7/27
Is the US worthy of AAA sovereign rating? – iStockAnalyst
7/26
Ron Paul: We cannot even maintain the zinc standard – Daily Reckoning
Real Estate Bust
7/30
They've lost faith in what they knew – The Housing Bubble
7/30
House prices rolling over down under? – Calculated Risk
7/30
Brookfield to exit housing, pursues pure office play – Bloomberg
7/29
Housing bubble will not be reblown – Mish
7/29
Foreclosures boom among nation's most creditworthy – USA Today
7/29
"Slam-dunk" stimulus? MS = missing something – Calculated Risk
7/29
Ignoring Fannie and Freddie – Minyanville
7/29
Foreclosure activity continues to increase – Washington Post
7/29
A matter of time – 24hGold
7/29
Fixed-rate mortgages drop for sixth week – MarketWatch
7/29
Economic environment for housing slips – Reed Construction Data
7/28
Fannie and Freddie foreclosures increasing – Total Mortgage Services
7/28
N.J. foreclosure filings double – NJ.com
7/28
Deutsche bank shuts commercial real estate adviser group – Bloomberg
7/28
Greek villas marked down 45% as crisis hits – Bloomberg
7/27
Foreclosures reduce home values by 27% – Washington Business Journal
7/27
Don't hold your breath for a bounce in home prices – Associated Press
7/27
Home vacancies rise as US ownership falls to decade low – Bloomberg
Offshore Investing and Privacy
7/28 Offshore investments: what's reportable... and what's not – Mark Nestmann
7/23 Could your offshore jurisdiction go bankrupt? – Sovereign Society
7/09 The biggest tax hikes in America's history are coming – Sovereign Society
7/07 Safe haven from the tax storm – Market Watch
7/05 HSBC clients with Asian accounts said to face US tax probe – Bloomberg
7/04 The tax hazards of a U.S. passport – Mark Nestmann
Clean Tech
7/29 The looming consolidation in car chargers – Greentech Media
7/29 SolarReserve's salty solution for solar thermal – Greentech Solar
7/29
LS9's genetics breakthrough: will it produce biofuels at scale? – Greentech Media
7/29 When electric cars go viral – EV World
7/28 2011: the return of the solar shakeout – Greentech Solar
7/28 What will demand be for lithium batteries? – Seeking Alpha
7/27 Next year: utilities move into demand response – Greentech Grid
7/27 "Unused Rooftops": the future of solar power – Green Stock investing
7/27 Southern California Edison awards 36 contracts – Market Watch
7/27 First Solar expands into utility-scale power market – TMC.net
7/27 First drive: 2011 Nissan leaf doesn't change the game – Autoblog Green
7/27 Intersoloar 2010: day two – Greentech Media
Art of the Collapse
7/19 Weekend funnies – Economicrot
7/15 Bad Economy – YouTube
7/11 Indivisible (a blovel) – Troy Grice
7/05 Weekend funnies – Economicrot
6/22 End the Fed – James Cobb
6/21 BP spills coffee – YouTube
6/21 Weekend funnies – Economicrot
6/21 Sunday funnies – Mish
6/15 Weekend funnies – Economicrot
War and Secession
7/26 Obama is preparing to bomb Iran –Tarpley
7/23 The prospect of an Israeli military strike against Iran – Oil Price
7/23 North Korea denounces hostile' sanctions by U.S. – Bloomberg
7/21 Just say no – LewRockwell.com
7/21 Why hasn't Israel bombed Iran (yet)? – Wall Street Journal
7/21 Uncle Sucker – Casey's Daily Dispatch
7/21 U.S. to seek Chinese backing to enforce new sanctions – Bloomberg
























