Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
George Soros has made his money making high-risk trades, especially in currencies. He knows how to make money. Lots of money. He is also a verbal defender of what he calls the New World Order. He has sold his shares in large American banks. He has bought gold. Why would a big Obama supporter do [...]
Continue reading →It’s too late for the Federal Reserve to goose the economy upward in order to give Obama an edge in the November election. It turns out that the FED has not intervened often in the past to do anything to affect the outcome of a Presidential election. Arthur Burns probably did in 1972 to help [...]
Continue reading →We keep reading of a great de-leveraging that is taking place. Yet the figures say the opposite. Debt is racing higher. In the United States, total debt, not counting unfunded liabilities of Social Security and Medicare, is now about $53 trillion. It has risen by $3 trillion since 2008. Debt owed by private citizens is [...]
Continue reading →EWhen Wal-Mart’s stock is rising, it sends a signal. Most people do not understand this signal. This analyst does. . . . I recently co-hosted Bloomberg Rewind with Matt Miller and referenced the performance of Wal-Mart (NYSE:WMT) relative to the broader stock market and the SPDR S&P Retail Index ETF (NAR:XRT) . The main [...]
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