An Economic Showdown is Looming

The Keynesians and the Capitalists are heading for an economic showdown at the O.K. Corral. Keynesians believe the central government should control the economic levers affecting the masses. The economy can’t be entirely left up to the free market. Big government believers want the “leaders” determining the winners and losers. Controlling reallocation of wealth preserves the power of the political […]

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Does Market Rigging in the Metals Signal a Buying Opportunity?

Central Banks are rigging the metals markets. Does it signal a buying opportunity? Will they ever be prosecuted for this illegal activity? I recently interviewed good friend Ed Steer who writes Ed Steer’s Gold and Silver Digest, a daily must-read. We discussed an article written by Peter Warburton in 2001 outlining the relationship between central banks and investment banks rigging […]

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Can Americans Really Depend on Social Security?

In 1935 the government passed Social Security into law setting up a government managed retirement plan for the majority of US workers. To fund the plan, they passed the Federal Insurance Contribution Act (FICA). The law mandates that employers withhold a portion of the worker’s salary (contribution) and requires the employer to match the contribution. It was sold to the […]

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This Is Already A Great Christmas

I almost gave up! I wanted to write something positive in my pre-Christmas column. Who wants to read about politics, terrorist incidents or the latest in the Federal Reserve saga at Christmas time? I sure don’t. I was considering a one-sentence column wishing everyone Merry Christmas and Happy Holidays (to be politically correct). Then it happened! Getting ready for my […]

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Open Letter to President-Elect Donald Trump

Dear Mr. President-Elect, I have followed the media’s daily melodrama of your activities. You’ve had discussions with politicians, business leaders, movie stars and other members of the establishment. I write a weekly newsletter directed toward baby boomers and retirees who are struggling. When the government instituted their Zero Interest Rate Policy, several trillion dollars in interest that would have been […]

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