Markets
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...
Unemployment Numbers, Regime Uncertainty, and Regulatory Surge
Last Friday’s unemployment numbers, on the surface at least, appeared to reflect a growing, albeit slowly, economy. The number of new unemployment claims...
Read moreThe Free Market is Brutal: Kodak Loses; Consumers Win
After 131 years, it appears that Eastman Kodak will be declaring Chapter 11 bankruptcy before the end of the month, according to the...
Read moreEthanol Subsidies Disappear, Mandates Remain
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...
Read moreNew York Times Continues Free Fall
With the latest announcement of its sale of 16 newspapers, the New York Times continues to sell off assets to stay alive. The sale...
Read moreFed, National Banks Decide on More Global Inflation
The Federal Reserve Bank and five other central banks across the world cut the "temporary U.S. dollar liquidity swap arrangements" rate for central...
Read moreU.S. Fed Bailout of Euro Prompts New Push for Audit & Sound Money
As central banks around the world unleashed a coordinated deluge of new money to deal with the economic crisis swamping Europe, critics expressed...
Read moreGadhafi’s Gold-money Plan Would Have Devastated Dollar
It remains unclear exactly why or how the Gadhafi regime went from “a model” and an “important ally” to the next target for...
Read moreBig Banks Shift Their Derivatives Exposure Onto U.S. Taxpayers
When Bank of America announced that it was moving its derivatives-laden portfolio at its subsidiary Merrill Lynch over to its bank holding company,...
Read moreUnemployment Rate Unchanged, 103K Jobs Added
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...
Read moreBernanke’s Economic Cure: More Deficit Spending, Re-Inflate Housing Bubble
Federal Reserve Open Market Committee Chairman Ben Bernanke's told the congressional Joint Economic Committee of Congress October 4 that he has the remedy...
Read moreHome Sales Drop to Two-Year Low
Americans have invested in homes in many ways for a long time. During the frontier days of the West, families would homestead property...
Read moreObama’s “Green Economy” Debacle
With the United States’ official poverty rate now at a seventeen year high of 15.1 percent — and an actual poverty level that...
Read moreAware of Price Manipulation, China Fighting Dollar With Gold
Information cited in a leaked 2009 diplomatic cable from the U.S. embassy in Beijing shows the Chinese regime knew about American and European...
Read moreGovernment Reports No New Jobs in August, Markets Tumble
The U.S. Bureau of Labor Statistics (BLS) reported that the economy added no new jobs during the month of August in a September...
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