by Mac Slavo | Feb 10, 2010 | Precious Metals
The contrarian recommendation for gold since 2001 through today has been to buy. As capital was pumped into the economy via easy credit, the price of gold, stocks, real estate and most other assets rose significantly. The rise in prices is a causal effect of increased...
by Mac Slavo | Feb 10, 2010 | Headline News
Flashback to January 29, 2009: President Obama on bank bonuses: When I saw an article today indicating that Wall Street bankers had given themselves $20 billion worth of bonuses, the same amount of bonuses that they gave themselves in 2004, at a time when most of...
by Mac Slavo | Feb 10, 2010 | Headline News, Karl Denninger
Karl Denninger of The Market Ticker asks Is That A Bailout Or A Lit Fuse?: The lesson here? We have not only fixed nothing the so-called “coordinated actions” of so-called “world leaders” have set up a potential catastrophe originating in...
by Mac Slavo | Feb 10, 2010 | Entertainment
Tom of the North, of Outside the Cardboard Box, provides some tips and job opportunities in his latest satirical view of Really Depressing Jobs for the Economically Depressed: As the Modern Economic Depression continues to expand and unemployment rises, job seekers...
by Mac Slavo | Feb 10, 2010 | Headline News
While the administration scrambles to provide Constitutional protections to international terror suspects who take direct action against the United States, no such protections will exist for American citizens if they are deemed a terrorist, according to the director...