This Century and the Last One: A Report Card for the First 10 Years

When we look back at the sweep of history, the 20th century stands out. It stands out as a time of immense progress in our knowledge, a time of great carnage, and the time when the great debate about socialism and the market economy ended. I think it was Arthur C. Clarke who said . . . → Read More: This Century and the Last One: A Report Card for the First 10 Years

CFTC Gold And Silver Hearing Is Old News

Starting 25 March 2010 the CFTC has been conducting an investigation into the concentrated short positions in the gold and silver markets. There has been some very interesting testimony come out of the Goldman Sachs vampire squid’s mouths that the informed gold bugs already knew. The size and scope of this Ponzi scam is . . . → Read More: CFTC Gold And Silver Hearing Is Old News

Economic Events on March 30, 2010

The weekly ICSC-Goldman Store Sales report will be released at 7:45 AM EDT, and another strong week of sales is expected.

The monthly S&P/Case-Shiller home price index report will be released at 9:00 AM EDT.  Given that most economists don’t expect the overall U.S. economy to improve until housing prices end their decline, the . . . → Read More: Economic Events on March 30, 2010