Author Archive

We Call B.S. On Obama’s Release of Strategic Petroleum Reserves

After Ben “I Really Don’t Have a Clue on the Economy” Bernanke’s press conference earlier this week, we opined that we should prepare for stock market and commodity market declines. The reasoning was that Mr. Bernanke’s only explanation for why the economic recovery has slowed was rising food and energy prices, and Japan’s supply...
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Fed Chairman on the Economy: We Don’t Have a Precise Read

Fed Chairman on the Economy: We Don’t Have a Precise Read

The masters of the economic universe met earlier this week with Chairman Bernanke of the Federal Reserve following up with his now regularly scheduled press conference. Bernanke admitted that things aren’t as rosy as the Fed et. al. had predicted, but that things would get better: “As indicated in today’s policy statement, the economic recovery appears...
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Silly Bands and the Gold Bubble

Silly Bands and the Gold Bubble

A bubble is what happens when individuals who would generally shy away from an asset or investment become so crazed by it, that they throw all rational and logical thought aside in the hopes of attaining possession of said asset at nearly any price, no matter how over inflated its value has become. In...
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“We Are Doomed” – An On The Ground Report From Greece

“We Are Doomed” – An On The Ground Report From Greece

As things have been heating up in Greece over the last several months, one of our readers has been keeping us abreast as to the goings on and the general sentiment of the Greek people. While European leaders like to downplay the seriousness of what’s happening on the ground, it’s clear that Greece is...
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Congressman Warns: “Those Who Can, Should Move Their Families Out Of the City”

Congressman Warns: “Those Who Can, Should Move Their Families Out Of the City”

There are a whole host of events that can bring the world as we know it today to its knees. From a hyperinflationary economic collapse to an electro magnetic pulse originating from the sun or a nuclear weapon , there exists a real and present danger that our system may, in the near future,...
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