The Real US Federal Debt Has Ballooned to More than $100 Trillion

Currently, the US federal debt stands at more than $100 trillion. According to the recent US stock market rally, the fact that the US government is not only bankrupt but has put every four-person family in America on the hook for more than $1.45 million does not merit concern. Of course, in reality, the US … Continue reading The Real US Federal Debt Has Ballooned to More than $100 Trillion

Why the Current US Dollar Chart Tells a Drastically Different Story than the World’s Financial Pundits

The fact that I’ve been able to accurately predict the significant stages of this ongoing crisis for over 3 years has nothing to do with intelligence or my ownership of a crystal ball. It merely has to do with the fact that I have understood from the very beginning of this crisis that the origin … Continue reading Why the Current US Dollar Chart Tells a Drastically Different Story than the World’s Financial Pundits

Lessons Learned from Comparing Today’s Markets to Markets From October 15, 2007

Today, I am analyzing how a conscious effort to track history can serve as an intelligent guideline for future investment behavior. More than 18 months ago, I wrote an article on my investment blog, the Underground Investor, called “The Coming Investment Crisis: Beware the Turbulence that Lies Beneath the Surface”. Since my commentary in this … Continue reading Lessons Learned from Comparing Today’s Markets to Markets From October 15, 2007

FBI Investigates SEC Employees for Insider Trading

Below is a story that originated out of London today. In any event, it ties in nicely with my How the Financial Elites Enronized America story, so I’m just reposting it below for a quick review. It should be a self-evident truth that an honor system among regulators that have consistently failed to regulate is … Continue reading FBI Investigates SEC Employees for Insider Trading

Warnings From the President. This is a Bear Market Rally.

Okay, well not the current President, but If you listen to our President from three decades ago, he would tell you that we are in a bear market rally that is going to come to an end very soon. It’s irrelevant to me even should US markets rally for several more days or several more … Continue reading Warnings From the President. This is a Bear Market Rally.

US Bank Shares – The Pump is Almost Over, Get Ready for the Dump

For the past couple of weeks, bank shares have grown in share price faster than a steroid-induced bicep. There has not been much reported by the media in terms of negative news about the US financial industry from Ben Bernanke, bank CEOs, or even the Federal Reserve, even though the bank stress tests resembled a … Continue reading US Bank Shares – The Pump is Almost Over, Get Ready for the Dump

Gold and Economic Freedom, Reinterpreted for the 21st Century

I do not profess that the main structural arguments of the following essay are mine. Rather they belong to a rather famous former Chairman of the US Federal Reserve named Alan Greenspan as noted in his rather seminal 1966 essay titled “Gold and Economic Freedom”. However, I have taken the specific arguments of that very … Continue reading Gold and Economic Freedom, Reinterpreted for the 21st Century

Hidden Conflicts of Interest Often Provide the Motive for Financial Experts’ Statements

Often, during confusing economic times, people turn to icons in the investment world such as Warren Buffet and bond king Bill Gross for direction and blindly absorb the opinions of such men as their own without any critical analysis. To allow a handful of prominent men to guide the direction of public debate regarding our … Continue reading Hidden Conflicts of Interest Often Provide the Motive for Financial Experts’ Statements

Hundreds of Millions May Face Starvation in the Next 5-10 Years

More than 2-½ years ago when I predicted a global stock market crash on my investment blog, even foreshadowing the duration and the severity of the impending crisis by naming it the Peak Investment Crisis, many called my predictions ludicrous and far-fetched. In that article, I specifically stated that the declines in global stock market … Continue reading Hundreds of Millions May Face Starvation in the Next 5-10 Years

How the Financial Elites Enronized America

Last week, when almost every major US bank manufactured profits out of thin air by changing their regular reporting periods to exclude months in which huge losses occurred, by changing their definitions of bad debt, and by revaluing their assets at fantasy land valuations that they will never receive in the open market courtesy of … Continue reading How the Financial Elites Enronized America