Privacy Goes Down the Drano — Registration!

Written by Gary North on December 28, 2011

If you buy a can of Drano in Illinois, you must register your name and address. The U.S. government plans to put you in its data base. Reason? You might try to attack someone with Drano. A new law intended to track those who purchase products that contain substances regulated by the Federal Caustic Poison Act […]

Continue reading →

Ron Paul Warns: The Coming American Bailout of the Euro

Written by Gary North on December 28, 2011

Ron Paul has issued a warning. The media are banging the bailout drum. The economic establishment in this country has come to the conclusion that it is not a matter of “if” the United States must intervene in the bailout of the euro, but simply a question of “when” and “how”. Newspaper articles and editorials […]

Continue reading →

Arizona Sheriff Raises the Obama Ballot Eligibility Issue

Written by Gary North on December 27, 2011

The controversial sheriff of Maricopa County is in the news again. He has been made a scapegoat for his stand on closing the border to illegal immigrants. The Federal government resents any interference with its less aggressive program of border protection. There is a lawsuit that accuses him of profiling, since he thinks that illegal […]

Continue reading →

Forecast: Gold at $2,000 in 2012 — Maybe $10,000

Written by Gary North on December 27, 2011

An amazing prediction: gold at $10,000 by the end of 2012. Frankly, I don’t think this is likely. The forecaster begins with an assumption: central banks own 80% of the gold, and they are buying. I think it’s important to keep gold in perspective when we look at gold and how much central banks own […]

Continue reading →

Oil: From Russia, Without Love

Written by Gary North on December 27, 2011

In 2002, about 60% of the world’s oil came from non-OPEC sources. Today, it’s about 57%. Problem: Russia now supplies 25% of this non-OPEC oil. Today, Royal Dutch Shell and Exxon Mobil “have essentially abandoned the effort to meaningfully expand their oil reserves. Instead, they are now shifting course in favor of a strong, natural […]

Continue reading →

Your Bugged Cell Phone

Written by Gary North on December 27, 2011

A controversy has surfaced. The head of a manufacturing company says that the FBI has been asking his firm for information about the secret monitoring technology that the firm has installed on over 140 million cell phones. Wait a minute! It has installed what? That the FBI is interested should come as no surprise. I […]

Continue reading →

Three Big Factors That Threaten Your Retirement Plans

Written by Gary North on December 26, 2011

Barry Ritholtz is a well-informed investor. He writes a good blog, The Big Picture. Recently, he wrote an article on three factors that undermine most people’s investment plans: (1) the market, (2) the professionals, (3) their own selective overestimation of their investment skills. The market, meaning all organized capital markets, price every asset in terms […]

Continue reading →

Predictions for 2012 by the Doomster

Written by Gary North on December 26, 2011

Mark Faber edits the Gloom, Boom, and Doom newsletter. He lives in Hong Kong. He is a pro-gold, anti-Keynesian analyst. Marc Faber the Swiss fund manager and Gloom Boom & Doom editor recently discussed his 2012 predictions. In a nutshell, he expects politicians in the US and the EU to keep on addressing symptoms rather […]

Continue reading →

Better Than Gold or Silver

Written by Gary North on December 26, 2011

The next boom asset is here. It is scarce. It will experience rising demand. And it does well in recessions, not just inflationary booms. As the economic crisis has worsened over the last several years we have made it a point to inform our readers about the possibility of a system collapse so severe that […]

Continue reading →