Is the U.S. economy going to be okay? Well, if the only source you listened to was the mainstream media, you would be left with the distinct impression that the U.S. economy is heading toward a full recovery...
Federal Reserve Chairman Ben Bernanke claims that the Federal Reserve averted a second Great Depression by bailing out the big Wall Street banks during the last financial crisis, and he says that if a similar financial crisis comes...
The U.S. dollar has probably been the closest thing to a true global currency that the world has ever seen. For decades, the use of the U.S. dollar has been absolutely dominant in international trade. This has had...
Ben Bernanke has decided that he needs to teach all of us why the Federal Reserve is good for America and about why the gold standard is bad. On Tuesday, Bernanke delivered the first of four planned lectures...
Rampant silver manipulation? Rampant gold manipulation? Rampant LIBOR manipulation? Hiding MF Global client assets? These are all happening at JP Morgan according to an open letter reportedly written by an anonymous employee of the firm. The whistleblower also warns...
Well, it is official. The restructuring deal between Greece and private investors has been pushed through and the International Swaps and Derivatives Association has ruled that this is a credit event which will trigger credit-default swap contracts. The ISDA...
The Dow has closed above 13,000 for the first time since 2008, and the mainstream media is declaring that a strong economic recovery is underway. Barack Obama is telling anyone who will listen that his economic policies are...
Does it cost you hundreds of dollars just to get to work each month? If it does, you are certainly not alone. There are millions of other Americans in the exact same boat. In recent years, the price...
Did you see the Chrysler commercial featuring Clint Eastwood that aired during the Super Bowl the other night? It was entitled "It's Halftime In America", and it was truly a great ad. To me, it was the most memorable...
The Bitcoin Race – the second lap to be faster than the first After a rally from 0.003 $ at the start of Bitcoin trading to 31.89 $ in June 2011, Bitcoin prices declined for 4.5 months to just under...
January Crude Oil closed lower for the second consecutive week but losses could have been worse if not for a strong comeback on Friday. The primary reason for the weakness throughout the week was concern that the European debt...
Amazon.com says e-books have begun out-selling hardcover and paperback books combined. Climate titles that don't have an e-book edition are now at a serious disadvantage.
Inflation that affects the entire economy originates with government action. Price increases that arise from temporary imbalances between supply and demand in specific product markets are not examples of general inflation. If bad weather or other factors reduce the yield of...
Climate skeptic pages on Facebook have recently been targeted. Our posts were alleged to be "abusive" and the ability to share them was temporarily blocked.
Most investors are not aware of a critical division of professionals in the world of financial services. This distinction lies between fee-only fiduciaries who are free to act in your best interests and commission-based agents and brokers who...
Investment Strategies Part 5: In Defense of Diversification by David John Marotta Diversifying your asset allocation among investments with a low correlation can and should reduce your portfolio’s volatility and boost your returns. But critics are claiming this strategy is...