A jet airplane is screaming across the sky at the speed of sound (about 750 miles per hour). A stream of green paper begins reeling out behind it.At the speed of sound, it would take 14 years before it...
I have been recommending silver since it was in the $4-$5 per ounce range. Today it is trading in excess of $33 an ounce. I still think it is a good value. Will Silver continue to go up forever? Of course...
The entire fourth chapter of Crisis by Design The Untold Story of the Global Financial Coup   is an expose of Goldman Sachs’ reprehensible relationship with the U.S. Government and the Federal Reserve Bank. Now, in a December 15, 2010...
The report covers what the Commission views as causes of the financial crisis. The report is 150 pages long and covers a great deal of material in a great detail. Some of the information is valuable perhaps much of...
There are news reports that now suggest that JP Morgan’s derivatives losses are not $2 billion, they are likely to be $8 billion or perhaps as high as $9 billion http://dealbook.nytimes.com/2012/06/28/jpmorgan-trading-loss-may-reach-9-billion/. The JP Morgan losses resulted from derivatives called Credit...
There are those in whose interest it is to have the word “conspiracy” conjure up an almost cartoonish image of a small group of wicked men meeting in a dimly lit conference room planning out the destruction of the...
Helicopter Ben’s most recent printing spree has been branded QE 2. QE is the acronym for “quantitative easing.” Quantitative easing is Bennie’s euphemism for printing money. That’s what the Fed does, it’s a Monopoly world to them. This is...
Here by popular demand, the Goldman Sachs graphic. Click the image to open a full-width view.
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