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The Bogus Case Against Gold
The Bogus Case Against Gold Gold is in the early stages of its third great bull run that will take it to record heights. The first two great bull markets were 1971-1980 (gold up 2,200%) and 1999-2011 (gold up 760%). After peaking in 2011, gold fell sharply from that peak to below $1,100 per ounce […]
Oil Price Crash Costs Saudi Arabia $27.5 Billion In Revenue In 2020
Oil Price Crash Costs Saudi Arabia $27.5 Billion In Revenue In 2020 The oil price collapse is depriving Saudi Arabia of US$27.5 billion in oil revenues this year, Saudi Crown Prince Mohammed bin Salman said on Friday, admitting that the current oil income is not enough to cover the Kingdom’s salaries bill. Saudi Arabia had […]
Weekly Commentary: Well, That’s Some Weird… Stuff
Weekly Commentary: Well, That’s Some Weird… Stuff The “average stock” Value Line Arithmetic Index jumped 6.4% for the week. The NYSE Arca Oil Index surged 19.8%, with the Philadelphia Oil Services Index up 17.4%. The KWB Bank Index rose 11.5%, as the Nasdaq Bank Index advanced 13.6%. The Bloomberg REIT Index jumped 6.8%. The S&P600 […]
Is there a Way Out?
Is there a Way Out? QUESTION: Martin, I live in Canada. Our PM had our former finance minister take the fall for their blatant corruption, is blocking and tackling every move to bring it to light and is turning our parliamentary government against the people, working to crush the economy, impose lockdowns, raid our government-mandated employment […]
“Own Nothing and Be Happy”: The Great Reset’s Vision of the Future
“Own Nothing and Be Happy”: The Great Reset’s Vision of the Future World Economic Forum’s video tells us about the plans for humanity in the year 2030 The World Economic Forum’s (WEF) annual meeting at the end of January in Davos, Switzerland, brings together international business and political leaders, economists and other high-profile individuals to […]
Aggregate green growth is a mirage: we need to take a more scientific approach to societal wellbeing
Aggregate green growth is a mirage: we need to take a more scientific approach to societal wellbeing In the spring of 2020, the new Irish government announced its desire to develop new measures of well-being and progress in Ireland. The idea was given some prominence in the Programme for Government, ‘Our Shared Future’. This is exactly […]
The Consequences of Budget Deficits For International Trade
THE CONSEQUENCES OF BUDGET DEFICITS FOR INTERNATIONAL TRADE In all the economic mayhem ahead, no one is yet thinking of the consequences for trade imbalances. The twin deficit hypothesis informs us that skyrocketing US budget deficits will lead to increasing trade deficits, a situation with serious political consequences. Furthermore, with foreign interests already saturated with […]
Cashless World Signals a Global End to Privacy
Cashless World Signals a Global End to Privacy Countries are moving to digital currencies at lightning speed. This is the future of money. Digital currencies will replace cash on an ASAP agenda. We are witnessing Europe, Canada, Asia, and even China all moving toward this new digital world for (1) total control, (2) taxes, […]
Both hands now – an introduction to ‘A Small Farm Future’
Both hands now – an introduction to ‘A Small Farm Future’ Today I’m going to begin my cycle of posts commenting on, expanding and perhaps occasionally qualifying the analyses in my book A Small Farm Future. You have bought your copy by now, right? Ah well … far be it from me to tell you what to do […]
World’s Negative-Yield Debt Pile Has Just Hit a New Record
World’s Negative-Yield Debt Pile Has Just Hit a New Record $17 trillion of investment-grade debt now has sub-zero rates U.K. and Australian central banks expand bond-buying programs The world’s stockpile of negative-yielding debt has swelled to a record in the wake of the U.S. election, as investors lower expectations for a fiscal splurge and turn […]
State of the American Debt-Slaves, Q3 2020: The Stimulus & Forbearance Phenomenon
State of the American Debt-Slaves, Q3 2020: The Stimulus & Forbearance Phenomenon Auto loans jump after historic price spikes. Credit cards still in stimulus wonderland. Student-loan borrowers count on debt forgiveness, mmmkay. Consumers have undertaken an astounding project instead of consuming: Paying down their credit cards. In September, outstanding balances of credit cards and other […]
For Stocks, Any Election Outcome is Now the Best Outcome, Disputed Election, Long Legal Mess, Split Government Without Stimulus, Whatever…
For Stocks, Any Election Outcome is Now the Best Outcome, Disputed Election, Long Legal Mess, Split Government Without Stimulus, Whatever… This is funny in terms of stock-market “narratives” during these crazy times. At first, long ago, the narrative was that a Trump victory would boost stocks. And then when this became more uncertain, the narrative […]
What We Don’t Elect Matters Most: Central Banking and the Permanent Government
What We Don’t Elect Matters Most: Central Banking and the Permanent Government We’re Number One in wealth, income and power inequality, yea for the Fed and the Empire! If we avert our eyes from the electoral battle on the blood-soaked sand of the Coliseum and look behind the screen, we find the powers that matter […]
The Economic Superorganism: Excerpt
The Economic Superorganism: Excerpt For the last 200 years, increasing global energy consumption has translated to increasing global GHG emissions. While this might not be the case in the future, how do we consider the conflict between our instincts to react to immediate circumstances (i.e., consume more energy now, grow the economy now) and the […]
