Showdown in Gold Gulch: Super-Rich Investors Don’t Agree

Written by Gary North on December 30, 2011

George Soros says gold is in a bear market. So do a lot of other traders. Yet commodity futures traders think it’s headed higher. George Soros, the billionaire who two years ago called it the “ultimate asset bubble,” cut 99 percent of his holdings in the first quarter, Securities and Exchange Commission data show. Hedge […]

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“We Don’t Need No Stinking Voter IDs!”

Written by Gary North on December 30, 2011

The Justice Department on December 23 blocked a South Carolina law that requires voters to present a photo ID that prove they are who they say there are. The Justice Department says that voter fraud is rare. Go that? Voter fraud is rare. Has anyone at the Justice Department ever heard of Cook County, Illinois? […]

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Free Rent for Millions of Americans

Written by Gary North on December 30, 2011

So, you think “a contract is a contract, a deal’s a deal.” Not in housing, it isn’t.  Delinquent borrowers facing foreclosure are learning that they can stay in their homes for years, as long as they’re willing to put up a fight. Among the tactics: Challenging the bank’s actions, waiting to file paperwork right up […]

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Few Signs of Housing Recovery — St. Louis FED

Written by Gary North on December 30, 2011

The Federal Reserve Bank of St. Louis provides the most comprehensive statistics and analyses of the Federal Reserve System. The latest report on housing offers little hope. Higher delinquencies and foreclosures have been a consistent feature of the mortgage market since 2005. Figure 1 shows the increasing foreclosure rates for the past two years. As […]

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Tightening the Noose: Government Victories in 2011

Written by Gary North on December 30, 2011

The U.S. government continued to tighten the noose on our liberties in 2011. Welcome to the new total security state. The U.S. government now has at its disposal a technological arsenal so sophisticated and invasive as to render any constitutional protections null and void. And these technologies are being used by the government to invade […]

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Obama’s Plans for Gun Control: “Under the Radar”

Written by Gary North on December 29, 2011

President Obama knows what he is doing. He knows he cannot go public with his plans.  “I just want you to know that we are working on [gun control]. We have to go through a few processes, but under the radar,” President Obama told Sarah Brady, the former president of the Brady Campaign, this past […]

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