And investment freedom has not-so-obvious implications for safety. Open Opportunity IRAs make up less than 1% of the IRA universe. So if and when a team of Congressional staffers or a group of Treasury Department bureaucrats get busy drafting up new ru...
Another day, another dry and witty Economist magazine article advising another large country on what its central bankers need to do. There is never any doubt within The Economist brain-trust that central banking is a necessary phenomenon, or that it me...
There are other metrics beside the gold basis that the market has developed in the meantime. One such is GOFO = $ LIBOR – GLR (the gold lease rate). On the face of it, GOFO cannot ever go negative. If it did, it would mean that the risk i...
Editors Note: Many Americans were appalled on May 20, 2010 when Mexican President Felipe Calderon speaking before a joint session of Congress proceeded to lecture the United States critizing our immigration policy and specifically attacking Arizona’s...
The president of the AAUP - American Association of University Professors - issued a lengthy declaration warning the membership against getting involved with BP, the giant oil company whose operations have gone awry in the Gulf of Mexico and whose mana...
The Telegraph has been very good at diagnosing deflationary trends in the larger economy, and we have agreed with this analysis because it seems obvious. What is noteworthy, however, is that prices keep going down, as the Telegraph analyzes above, even...
Let's summarize," he said. "We got an albino misfit with a strange name running around from country to country and leaking confidential information onto hundreds of anonymous servers. We'll fund the operation, but he'll pretend to...
There is now a robust political constituency supporting the generous tax treatment given to IRAs. One element is the 40 million people who have an IRA. A second element is the retail financial industry – banks, brokerage houses, mutual funds and ...
-- "This DISCLOSE Act is not about reform...."
Yeah, I’m still feeling pretty wiped out by the activities this weekend in Las Vegas. I have a ton of pictures and video to go thru, and ideas bouncing around in my head trying to get out in some coherent form. One of the many speakers that stood out for me was Herman Cain. He [...]