theDrahos

Renowned contrarian investor and publisher of the “Gloom, Boom & Doom Report” newsletter Marc Faber was on CNBC Tuesday to discuss his outlook for U.S. stocks, the Market Vectors Junior Gold Miners ETF GDXJ 0.84% and share what he called “the trade of the century.” The Situation “I think, the S&P may make a new high sometime at the end of the month, but it would not be accompanied by the majority of stocks making new highs,” Faber said. “Last year, there were about as many stocks down as there were stocks up, and in my view we’ll have a … Continue reading →

On July 24, 2014, worshippers in Mosul were asked to leave one of the city’s most historic and famous buildings — an ancient Nestorian-Assyrian church that had long ago been converted into the Mosque of the Prophet Younis (biblical Jonah). The Islamic State then rigged the entire building with explosives, and blew it into oblivion. Tragically, it was a Shia mosque – one of many that have suffered the same fate. The UK’s current primetime TV fantasy blockbuster du jour is Wolf Hall. Everyone loves a costume drama, but there is a world of difference between fictional history and historical … Continue reading →

Source: wikimedia Today’s chart, from the folks at Crestmont Research, speaks volumes about current investor behavior. In particular, it calls into question claims being bandied about in the mainstream media that we could be at the start of a new secular bull market in US stocks. It shows that previous secular (long-term) bear market cycles tend to start when the US stock market is trading on a Shiller P/E – a price-to-earnings ratio is based on average inflation-adjusted earnings from the previous 10 years – of between 20 and 25 (blue-shaded area on the chart). This is true of the … Continue reading →

I have a lot on my mind as I nervously sweep the nighttime perimeter with my periscope, thinking troubled thoughts and imagining monsters lurking in the dark, or government agents of one kind or another, hiding in the gloom behind Rick’s garbage cans, or perhaps zombies, or space creatures, or something where a .50 caliber, belt-fed, water-cooled machinegun at the ready would come in so, so, SO handy that nobody would ever again DARE say “Why do think you need to buy a machinegun, and why are you always buying gold and silver in fear of the Federal Reserve’s insane … Continue reading →

I hung up the phone with the travel agent. I had just finished booking 45,000 miles worth of flights around the world. The trip would last a year and take me to 23 different countries. Over a year of planning and saving had culminated with a phone call and everything was booked successfully. The trip took me to snowy, northern Norway past the Arctic Circle, the rainy and humid islands of Indonesia, and the sunny and sandy beaches of Australia. I hiked, swam, slept outside, ate in decent restaurants, and went out to clubs. Basically, I experienced a huge range … Continue reading →

Committee for the Republic Washington DC January 20, 2015 My humble thesis tonight is that the entire 20th Century was a giant mistake. And that you can put the blame for this monumental error squarely on Thomas Woodrow Wilson——-a megalomaniacal madman who was the very worst President in American history……..well, except for the last two. His unforgiveable error was to put the United States into the Great War for utterly no good reason of national interest. The European war posed not an iota of threat to the safety and security of the citizens of Lincoln NE, or Worcester MA or Sacramento … Continue reading →

Poor Daniel McAdams of the Ron Paul Institute (RPI).  What did he do?  He posted a naughty article in which were written some Bad, Bad Things that even consenting adults apparently shouldn’t be allowed to read or discuss. The column, written by Paul Craig Roberts, asserted that the Charlie Hebdo shootings had the earmarks of a professional hit job and that the suspects Cherif and Said Kouachi could have been patsies. McAdams titled the article, “Charlie Hebdo Shootings: False Flag?”  This made it clear that no implied assertion was being made by McAdams or Ron Paul that the shootings were … Continue reading →

John Avery Emison, Martin Luther King Congressional Cover-Up, The: The Railroading of James Earl Ray. Gretna, LA: Pelican Publishing Company, Inc., 2014. The assassination of Martin Luther King on April 4, 1968, has its various storylines that continue to this day. The recently disclosed 1964 FBI letter to King manifests the establishment’s disdain for King and its attempt to relegate him to a minor role, or none at all, in the civil rights and antiwar movements of the mid-1960s. The enigmatic role King played and plays in American political lore is dwarfed by the convincing thesis of Emison’s book. The … Continue reading →

The best thing about doing climate science the way I do it is that I can study anything I want, and there is always so much more to learn … in the present instance, there’s another year of Argo data, so I thought I’d take another stroll through the world of Argo. The Argo floats sleep a kilometer down, and then every ten days they dive down another kilometer and slowly rise to the surface, measuring temperature and salinity as they go. Then they drop back down a kilometer, and go back to sleep. So start with, here a movie I … Continue reading →

Processed food is everywhere. In some ways, we are fortunate to be living in a time when we can process and preserve our food so that our supermarkets are always full and we always have plenty of choice in what we have to eat; but in other ways, we are deprived of “real” food that is naturally tasty and full of nutrients that are good for us. Food processing is a business that has become more and more sophisticated over time. Our food is processed so that it can have a long shelf life, be easy to prepare and have … Continue reading →

There has been much hand wringing among popular blogger-economists in response to the breaking of the Euro peg by the SNB. Tyler Cowen, Paul Krugman, and Scott Sumner all lament the loss of “credibility” by the SNB in the wake of its sudden change of policy regime and they darkly hint at dire consequences for the Swiss economy. But the problem with central banks is not credibility, or lack thereof. The Greenspan-Bernanke Fed and other central banks surely lost all credibility over the last 20 years by unwittingly unleashing asset price inflation on the world during the “New Economy” era of late 1990s … Continue reading →

One of the leading nutrients on the forefront of scientific research is vitamin D. Also called the sunshine vitamin, vitamin D is important for immune system support, blood sugar health, and energy. [1] [2] A deficiency in this essential macronutrient is unknowingly plaguing millions of people worldwide. In order to avoid a vitamin D deficiency, you must take conscious, proactive steps to combat the factors that affect absorption. Vitamin D supplementation is the ideal method for reducing deficiency risk, especially in the winter. Sunlight is also a simple and natural approach for balancing vitamin D levels. Things That Affect Vitamin D … Continue reading →