Markets - The New American

Gold Prices Soar on Fed News, Other Factors

A combination of several factors, including a declining dollar and the Federal Reserve’s announcement that it would keep interest rates at virtually zero...

Alex Newman January 26, 2012

Unemployment Numbers, Regime Uncertainty, and Regulatory Surge

Bob Adelmann January 23, 2012

Last Friday’s unemployment numbers, on the surface at least, appeared to reflect a growing, albeit slowly, economy. The number of new unemployment claims...

The Free Market is Brutal: Kodak Loses; Consumers Win

Bob Adelmann January 7, 2012

After 131 years, it appears that Eastman Kodak will be declaring Chapter 11 bankruptcy before the end of the month, according to the...

Ethanol Subsidies Disappear, Mandates Remain

Bob Adelmann January 5, 2012

The Washington Post’s editorial celebrating the ending of ethanol subsidies iterated the same free-market positions taken by Rep. Ron Paul (R-Texas) and other...

New York Times Continues Free Fall

Bob Adelmann December 29, 2011

With the latest announcement of its sale of 16 newspapers, the New York Times continues to sell off assets to stay alive. The sale...

Fed, National Banks Decide on More Global Inflation

Thomas R. Eddlem December 1, 2011

The Federal Reserve Bank and five other central banks across the world cut the "temporary U.S. dollar liquidity swap arrangements" rate for central...

U.S. Fed Bailout of Euro Prompts New Push for Audit & Sound Money

Alex Newman December 1, 2011

As central banks around the world unleashed a coordinated deluge of new money to deal with the economic crisis swamping Europe, critics expressed...

Gadhafi’s Gold-money Plan Would Have Devastated Dollar

Alex Newman November 11, 2011

It remains unclear exactly why or how the Gadhafi regime went from “a model” and an “important ally” to the next target for...

Big Banks Shift Their Derivatives Exposure Onto U.S. Taxpayers

Bob Adelmann October 26, 2011

When Bank of America announced that it was moving its derivatives-laden portfolio at its subsidiary Merrill Lynch over to its bank holding company,...

Unemployment Rate Unchanged, 103K Jobs Added

Thomas R. Eddlem October 7, 2011

The U.S. economy added 103,000 new jobs in September with the unemployment rate holding steady at 9.1 percent, the U.S. Bureau of Labor...

Bernanke’s Economic Cure: More Deficit Spending, Re-Inflate Housing Bubble

Thomas R. Eddlem October 5, 2011

Federal Reserve Open Market Committee Chairman Ben Bernanke's told the congressional Joint Economic Committee of Congress October 4 that he has the remedy...