Frederic Mishkin says not all bubbles are a threat to the economy (link):
“Nonetheless, if a bubble poses a sufficient danger to the economy as credit boom bubbles do, there might be a case for monetary policy to step in. However, there are also strong arguments against doing so, which is why there are active debates [...]

The recent gold bull upleg is in the midst of a predictable slight correction and consolidation.  When that finishes it is highly probable, based on seasonality and technicals, that the next part of the upleg will commence.  The Federal Reserve and Washington are only making matters worse through their extremely damaging policies.

GOLD PARTY BARELY STARTED
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On 9 October 2009 I was interviewed by Business News Network, Canada’s premier financial channel, live from the NASDAQ in Times Square New York about the rise of gold.
BNN HOST:  A note that caught out eye from RunToGold.com saying “Gold price rise pretends another round of the Credit Crisis. … Gold in Q2 2010 $1,300.”. Joining [...]

Recently released data from OECD Economic Outlook (link) suggest that the recessionary period is likely ending as the output in world’s major economies is reversing the trend of the past year. In 2009, the U.S economy is expected to contract by 2.8 percent annually. Germany, suffering from a significant decline in inventory orders and foreign [...]

How do you pay at the checkout line? Between checks, credit and debit cards, and online payment services like Paypal, it’s sometimes surprising when we see someone pull out actual cash these days. The way you pay may seem to be of little importance, but in truth, the money doesn’t all spend the same.
Particularly if [...]

From Prosperity and Depression: A Theoretical Analysis of Cyclical Movements, G Von Haberler, rev ed., 1939, published by League of Nations:
Prosperity comes to an end when credit expansion is discontinued. Since the process of expansion, after it has been allowed to gain a certain speed, can be stopped only by a jolt, theere is always [...]

The ‘green shoots’ of the economy are really red roots evidenced by a labor market stasis and plummeting earnings.  Chairman Bernanke told ‘60 Minutes’ on Sunday that “green shoots” of economic resurgence are sprouting.  But those perceived green shoots are really red weeds that the Federal Reserve has internally debated for weeks.  The economy is grinding to a halt, [...]

Decades ago Ludwig von Mises wrote in The Theory of Money and Credit,
It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments.  Ideologically it belongs in the same class with [...]

BANKS HAVE MORE THAN ENOUGH CAPITAL
At a congressional oversight panel on the government’s financial rescue program the tax evading Treasury Secretary Timothy Geithner testified, “Currently, the vast majority of banks have more capital than they need to be considered well capitalized by their regulators.”  With the recent fair-value lying accounting changes banks have reported surging quarterly profits. [...]

Technology keeps thrusting forward at an ever increasing rate as the Information Age transforms the world at a rapid pace.  Business is happening at the speed of thought as companies are beginning to morph into digital entities in a physical world.  Fortunes have already been made in supply chain management and product distribution as evidenced [...]