Category general

The Song Remains the Same–For Now

JPM net shorts_0

Based on recent reports, many investors believe the turbulence that impacted various markets earlier this year has come and gone. But that doesn’t necessarily mean that sentiment is ripe–sufficiently complacent–for a broad range of negative fundamental and macroeconomic forces–discussed here,…

The Benefit of Having the World’s Reserve Currency

Americans don’t have a clue.  We’ve enjoyed the benefits of having the world’s reserve currency for the past century, and we don’t have any idea what life will be like without it.  [embedplusvideo height=”350″ width=”450″ editlink=”http://bit.ly/I2Eq98″ standard=”http://www.youtube.com/v/aRFG4ekXfw8?fs=1&hd=1″ vars=”ytid=aRFG4ekXfw8&width=500&height=350&start=&stop=&rs=w&hd=1&autoplay=0&react=1&chapters=&notes=” id=”ep9260″ /]…

US Government Outlaws Gold

In an unprecedented move, the United States government declared it illegal for citizens to own gold. Our president was quoted as saying, “ I declare that said national emergency still continues to exist and…do hereby prohibit the hoarding of gold…”…

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