Last week, a friend of mine sent me an Reuter’s article titled: Buffett’s BNSF Helped Lead Fight to Delay Train Safety Technology. It immediately caught my attention, because I am of the unconventional belief that Warren Buffett’s entire public persona of…
The idea that taxing the owners of robots and software will fund guaranteed incomes for all is not anchored in reality. Automation is upending the global order by eliminating human labor on an unprecedented scale–and the status quo has no…
– PBOC declared gold reserves now about 55.38 million troy ounces or 1,722.5 metric tonnes – Central bank gold rose to $63.26 billion by end-month – less than 2% of $3.53 trillion FX reserves – China disclosed on July 17th…
Of course, while someone like myself might be tempted to just laugh off such infantile and pathetic “activism,” it is in fact one of the most dangerous trends facing modern American society. You’d think that a culture in which the…
Yes, its true. Precious metals manipulation has taken place, but the REAL REASON may not be fully understood by either gold and silver investors or their critics: By Steve St. Angelo, SRSRocco Report: Lately, I have seen many articles…
Without any doubt, the Middle East has been a very long-simmering region of violent religious and tribal enmity. In that regard, perhaps today is no different than 1,000 years ago. But given the importance of the remaining oil in the…
Podcast: Play in new window | Download With Gold and Silver Smashed Again This Week, Harvey Organ Joined the Show to Break Down All the Action Manipulation, Discussing: 5 Tons of Registered Gold Left at COMEX, 40 Tonnes May Stand for Delivery: “It’s Gonna Be Chaos!“…
Two recent articles shed light on the ‘crapification’ of jobs and the rise of income inequality: Martin Wolf on the Low Labor Participation as the Result of the Crapification of Jobs (Naked Capitalism) The Measured Worker: The technology that illuminates worker…
We discuss the magic tricks required to escape the economic tricks locking the 99 percent in an ever declining wealth illusion. In the second half, Max interviews Sam Lee of the Bitcoin Group, a bitcoin miner about to go public…
I haven’t covered the American nanny state in a while, but two articles recently caught my eye and I simply have to share. The first one relates to two parents charged with “reckless endangerment of a child,” for letting their two boys…
We all know why reforms fail: everyone whose share of the power and money is being crimped by reforms fights back with everything they’ve got. Reforms that can’t be stopped by the outright purchase of politicos are watered down in…
The US government has once again agreed to increase it’s so-called debt “ceiling” – this time from $18.5 trillion to $20 trillion. The so-called debt ceiling is recognized industry-wide as a complete misnomer. Source: Sharelynx “The phrase “debt ceiling” sounds austere and…
This may well be the most important chart you’ve never seen. Courtesy of longtime analyst-correspondent B.C., this chart reveals that real per capita tax receipts have reliably top-ticked the stock market since 1973. Note that this is specifically real (i.e.…
Booms powered by credit, new markets and speculation are followed by busts as night follows day. This creates a very difficult test for every nation-state facing the inevitable bust: how does the leadership deal with the end of the boom?…
In this episode of the Keiser Report, we discuss the ‘trust machine’ that is bitcoin and the financial journalists who have jumped the shark trying to deny it. In the second half, Max interviews Simon Dixon of BnkToTheFuture.com about Bitcoin…