Saturday Despite the in-your-face hysteria of the WuFlu fiasco, it is not the most important story of the day, just the most titillating for the media. The destruction caused by the lockdowns is testament to the dopiness of our politicians the world over. What has become forcefully clear over the last sixteen months is that democracy is unworkable once … [Read more...]
The Great Socialist Delusion
Friday Various government handouts and bankruptcy protection legislation have come to an end, or soon will. Businesses that have been technically insolvent for over a year will begin to close their doors. Many will go under because they cannot pay the rent that they owe for the period when they were forbidden to trade. They desperately need a renegotiation … [Read more...]
Gold – On Sale
Tuesday “There seems to be a correlation between the intensity of the official attacks on Gold and the severity of the monetary crisis.” Hans F. Sennholz We’re experiencing a wonderful ‘correction’ in the dollar price of Gold as I write this. If you’ve been sitting on any dollars, now is the time to leap into action and exchange them for Gold. Unless … [Read more...]
With an Eye to the Price of Gold
Wednesday When the dollar falls, it registers as the price of gold (POG) rising; when the dollar rises, then it registers as the POG falling. Gold is the only real measure of value and it has been measuring the US$ as rising in value for a while now. Most of that rise (demand) is due to the necessity to service the massive world-wide debt, much of which is … [Read more...]
Central Planning Vs. Economics, Report 29 Dec
Tuesday The enthusiasm with which our parliaments and their myriad departments produce regulations implies a belief that when a sufficient number have been enacted we will have a social and economic perfection. I am reminded of the saying ‘the road to hell is paved with good intentions.’ Yet they cannot cease their destructive impulses, for were they to do so, then it … [Read more...]