Category: Aggregated

Marc Faber has again encouraged individuals to own physical gold, be wary of possible government confiscation and said that the big question is where to store your gold. “ … But I would say an individual should definitely own some physical gold…The bigger question is where should he store it?” “Because I think if we think it through, the failure of monetary policies will not be admitted by the professors that are at central banks. They will then go and blame someone else for it and then an easy target would be to blame it on people that own physical … Continue reading →

As we roll down US Highway 41 in Terre Haute, Indiana , my guide insists I give him my iPhone. Then he tosses me a satin blindfold. The terms of our trip were clear—I wasn’t to know where we were going or how we got there.That’s because we’re on our way to the undisclosed location of an underground bunker designed to survive the end of the world, whatever form that apocalypse takes. When I remove my blindfold, I am standing in a grassy clearing looking at a boxy concrete structure that serves as the entrance to a Cold War–eragovernment communications facility gutted and reborn as Vivos Indiana. This is … Continue reading →

The honor of it all aside, Rep. Paul Ryan would do well to decline the speakership of the House. For it is a poisoned chalice that is being offered to him. The Republican Party is not, as some commentators wail, in “chaos” today. It is in rebellion, in revolt, as it was in the early 1960s when Barry Goldwater’s true believers rejected Eisenhower Republicanism and Nelson Rockefeller to nominate the Arizona Senator for president. A similar and bristling hostility to today’s establishment has arisen, in the GOP Congress, the country, and the presidential race. The acrimony attendant to this militants … Continue reading →

In the United States there is only one political party – the welfare-warfare party.  Sure, they all pretend otherwise, and on peripheral, meaningless issues there may be differences.  But on the whole, the US government is about as divided as the Communist Party was under Stalin. This could never be admitted, never stated publicly.  But now that is changing – the issue is the difficulty republicans are having in electing a speaker of the house: The problem for Republicans is that they need a speaker candidate who can attract at least 218 votes — the majority needed when the full … Continue reading →

Dr. Thomas Sowell, my colleague and friend, told me several years ago that he wasn’t going to write any more books, but that was two books ago, and now he has just published his 45th. The man writes with both hands, as can be seen from his website, which lists his 45 books, 19 journal articles, 71 essays in periodicals and books, 34 book reviews, and occasional columns written in The Wall Street Journal, The New York Times, The Washington Post, the Los Angeles Times, The Washington Star, Newsweek, The Times (Britain) et al. Plus, he writes a semiweekly column … Continue reading →

First came Fallujah, then Mosul, and later Ramadi in Iraq.  Now, there is Kunduz, a provincial capital in northern Afghanistan.  In all four places, the same story has played out: in cities that newspaper reporters like to call “strategically important,” security forces trained and equipped by the U.S. military at great expense simply folded, abandoning their posts (and much of their U.S.-supplied weaponry) without even mounting serious resistance.  Called upon to fight, they fled.  In each case, the defending forces gave way before substantially outnumbered attackers, making the outcomes all the more ignominious. Together, these setbacks have rendered a verdict on … Continue reading →