News Commentary

Buy Gold NOW

"The important thing to realize that if gold and silver were to see another leg down, we fully expect buying physical metals to get more difficult and expensive, not better. At this point, there is no evidence that supply is easing up. Even – or perhaps especially – at lower spot "paper gold" prices, it could become very difficult to get your hands on bullion. And you'll pay even higher premiums on items with the tightest supply. We don't care to predict how long delivery times could get. Don't be fooled by what happened in the futures market. If you wish you'd bought tech stocks in 1990 or real estate in 2000, you now have a moment like that in gold." Continue reading →

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Ron Paul: Liberty Was Also Attacked in Boston

"The Boston bombing provided the opportunity for the government to turn what should have been a police investigation into a military-style occupation of an American city. This unprecedented move should frighten us as much or more than the attack itself. What has been sadly forgotten in all the celebration of the capture of one suspect and the killing of his older brother is that the police state tactics in Boston did absolutely nothing to catch them. Actually, it very nearly gave the suspect a chance to make a getaway." Continue reading →

Continue ReadingRon Paul: Liberty Was Also Attacked in Boston

North Dakota Builds The First New Refinery In The U.S. Since 1976

"The U.S. has not opened a new oil refinery since Gerald Ford was in the White House. But that will change next year. So where will the next facility be? In North Dakota, where the locals aren't afraid to drill. When the Dakota Prairie refinery west of Bismarck, N.D., starts turning crude into usable — and essential — products in 2014, it will be the first to open in America since 1976. While much of the country is mired in joblessness, oil-flush North Dakota has openings to fill. The unemployment rate is 3.2%, the lowest in the country. Average weekly wages in the Bakken region have risen 40% since 2009." Continue reading →

Continue ReadingNorth Dakota Builds The First New Refinery In The U.S. Since 1976

Will Google Glass Change the World?

"In a sense, we entered a sort of cyborg state over 20 years ago, when the combination of exploding computer power and the rise of the Internet gave us an enhanced perception that streamed the whole world into our heads. At first, we could only experience that at our desks. But in the blink of an eye, we jumped from there to being able to carry our computers around with us in ever smaller packages. Today, the Net is there any time we want it, right at our fingertips." Continue reading →

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Bill Bonner: The Grandest Larceny of All Time

"Along come the central banks. They're creating a new type of wealth. It is not wage income. It is not the product of capital investments. It is not the result of technology or productivity increases or hard work or self-discipline... or any of the other things that lead to wealth and prosperity. Instead, it is created by the central bank 'out of thin air.' The result? During the first two years of the nation's economic recovery, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% dropped by 4%. There may be a 'recovery' going on. But it is a recovery for the rich." Continue reading →

Continue ReadingBill Bonner: The Grandest Larceny of All Time

Bill Bonner: Is the economy is weaker than we think?

"We don't like the looks of it. Advisors are too bullish. Investors are too complacent. The financial authorities are too confident. All up and down Wall Street, in central banks and in Washington, the stuff that goeth before the fall is thick, sticky, and stinky. The economy is recovering, they say. The Fed has the situation in hand, they add. Don't worry, we know what we're doing, they assure us. Barron's says the Dow is going to 16,000, illustrated with a picture of a bull on a pogo stick. Abe says he'll revive the Japanese economy with more money. And speculators take each hint from the Fed as though it were a whisper from God Himself." Continue reading →

Continue ReadingBill Bonner: Is the economy is weaker than we think?

Privatization Is the Best Response to FAA Deliberately Inconveniencing Air Passengers

"The sequester cuts about $637 million from the FAA, which is less than 4% of its $15.9 billion 2012 budget, and it limits the agency to what it spent in 2010. The White House decided to translate this 4% cut that it has the legal discretion to avoid into a 10% cut for air traffic controllers. Though controllers will be furloughed for one of every 10 working days, four of every 10 flights won’t arrive on time. ... To run smoothly and efficiently, our ATC system should be given independence from the government. We should privatize the system, as Canada has done very successfully. Unlike the U.S. system, Nav Canada is self-supporting and not subsidized." Continue reading →

Continue ReadingPrivatization Is the Best Response to FAA Deliberately Inconveniencing Air Passengers

Government Agencies Failed, so We Must Give Them Even More Authority

"'Some 1,271 government organizations and 1,931 private companies work on programs related to counterterrorism, homeland security and intelligence in about 10,000 locations across the United States. … An estimated 854,000 people, nearly 1.5 times as many people as live in Washington, D.C., hold top-secret security clearances.' Americans have spent trillions of dollars in the name of 'fighting terrorism,' yet we are told that truly all of the king's horses and all of the king's men could not stop a couple of young men from exploding bombs at a major American sporting event. What is Thomas's response? The American State obviously needs more power and more authority." Continue reading →

Continue ReadingGovernment Agencies Failed, so We Must Give Them Even More Authority

‘Boston Strong’: Marching in Lockstep with the Police State

"Tsarnaev’s case may prove to be the game-changer. Yet as journalist Emily Bazelon points out for Slate: 'Why should I care that no one’s reading Dzhokhar Tsarnaev his Miranda rights? When the law gets bent out of shape for him, it’s easier to bend out of shape for the rest of us.' This continual undermining of the rules that protect civil liberties, not to mention the incessant rush to judgment by politicians, members of the media and the public, will inevitably have far-reaching consequences on a populace that not only remains ignorant about their rights but is inclined to sacrifice their liberties for phantom promises of safety." Continue reading →

Continue Reading‘Boston Strong’: Marching in Lockstep with the Police State