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Obama’s Regime: Prolonged Detention by a Committee

Written by Gary North on January 5, 2012

The NDAA was voted into law by 93 Senators. You know the story. Obama signed it, but he declared that he would never actually enforce section 1031 (the “Halloween” section). Oh, no. Not him! This is nonsense. He not only will enforce it; it’s there because he wanted it. It’s time to review Rachel Maddow’s […]

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Gold Under $1,500? Never Again — Embry

Written by Gary North on January 5, 2012

This forecast was made by John Embry, the chief investment strategist of Sprott Asset Management, a $10 billion fund. “I do think there is a strong probability that the end of 2011 marked the bottom for gold and silver and that may be the lows that will ever be seen.  That’s a strong statement, but […]

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FBI Sends Gun Store Dealers a Snooper’s Request

Written by Gary North on January 5, 2012

This report is ominous. “The Federal Bureau of Investigation, Joint Terrorism Task Force (JTTF), wishes to re-new and initiate liaison contacts with the Federal Firearms License holders and firearms ranges in the San Antonio area,”   Special Agent Karl A. Kehrberg of the San Antonio Field Division wrote in a Dec. 23 letter to FFLs and […]

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Fusion Centers: Collecting Data on You at the Mall

Written by Gary North on January 5, 2012

You may not have heard of fusion centers. They are secretive. There is a reason for this secrecy. They are part of a system of federal spying that is used against American citizens. While a mystery to most Americans, the existence of Fusion centers recently made waves when they were brought to the mainstream public’s […]

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Global Warming Politics Is Permanently on the Defensive

Written by Gary North on January 5, 2012

With the federal deficit at $1.3 trillion, the politics of global warming now faces competition from the other boondoggles.  Meanwhile, the case for global warming rests on fake data. This is the conclusion of Fred Singer, a prominent anti-global warming scientist. In discussing the recent release of some 5,000 Climategate e-mails, blogger Anthony Watts uses […]

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TARPed: How Congress Bailed Out Big Bank Shareholders

Written by Gary North on January 4, 2012

The story of the TARP bailout is the story of how the Federal Reserve bailed out the banks a week after the government had bailed out the banks’ shareholders. The FED could have intervened a week earlier. It didn’t. It kept the biggest banks in business, so that their shareholders would avoid losing everything. Let’s […]

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Rich, Incompetent Bankers Run the Country.

Written by Gary North on January 4, 2012

How did bank shares do in 2011? Bad. Incredibly bad, as we read here. BofA: -60.38% Citi: -44.76% Goldman Sachs: -46.41% JPMorgan: -23.03% Morgan Stanley: -45.24% RBS: -50% Barclays: -34.32% Lloyds: -63.02% UBS: -29.33% Deutsche Bank: -28,55% Crédit Agricole: -56.04% BNP Paribas: -37.67% Société Générale: -59.57% Bank of America was the biggest loser among US […]

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If Iran Blocks the Straits, Worldwide Recession Is Sure

Written by Gary North on January 4, 2012

Iran’s leaders are talking tough about shutting down the straits of Hormuz. This may be a way for them to get the West to negotiate from a weaker position regarding Iran’s nuclear fuel program. Or it may be that Iran thinks there is an attack coming. The question is this: Will oil prices skyrocket if […]

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The Aden Sisters Issue Caution

Written by Gary North on January 4, 2012

I have known the Aden sisters for 30 years. They don’t seem to age much. They are famous for their research on all things related to gold. Here, they issue a yellow light. The past year was frustrating for many investors and with good reason. Nearly all of the markets were volatile and erratic, reflecting […]

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