Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Posted on January 15, 2014
The bond market is finished? You can only lose money in it from now on? That was very much the consensus in the market at the end of last year. But no one told investors in Europe. The one roaring trade for the start of 2014 has been euro-zone peripheral debt, with yields tumbling in […]
Continue reading →Written by Gary North on August 30, 2012
When a national government runs up huge bills by selling bonds, it cannot pay. So, it stalls. It says it will pay. It refuses to pay. The people who trusted the government and bought its bonds are ruined. The people who knew it was all a con job remain unharmed. We are seeing this play […]
Continue reading →Written by Gary North on May 15, 2012
I am speaking of the The Knik Arm Crossing Project. Guess where it is located. I’ll give some clues. KABATA’s goal is to construct a cost-affordable, vehicular toll bridge of about 2.7 miles across Knik Arm. Because there are no roads in the area served by the bridge, the project involves the construction of 19 […]
Continue reading →Written by Gary North on March 5, 2012
David Stockman was Ronald Reagan’s first budget director. He resigned because he thought Reagan’s program would produce a huge deficit. He was right. Reagan is the father of the triple-hundred-billion dollar deficit. He thinks the U.S. federal debt is a disaster. It will produce an economic disaster. Stocks will fall. Bonds will fall. Taxes will […]
Continue reading →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 […]
Continue reading →Written by Gary North on December 7, 2011
Richard Russell is the most successful of all financial newsletter editors. He has been at it for well over 50 years. His Dow Theory Letter is a classic. In a recent interview, he warned that the decision of the Federal Reserve and Europe’s central bank to inflate in order to save the stock markets in […]
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