Bud Conrad: U.S. Collapse Predicted

Casey Research Chief Economist Bud Conrad believes the United States is acting as a late-stage empire, acting aggressively on the world stage, lowering its moral standards and debasing its currency. In this exclusive interview with The Gold Report at the Casey Research/Sprott Inc. “When Money Dies” Summit, he explains the options for how . . . → Read More: Bud Conrad: U.S. Collapse Predicted

Random Shots - Return of the Deflation Trade?

I recently asked the opnion of my readers regarding the question of whether the global economy is in for inflation, deflation, or stagflation. Given the obvious issue that it may be all three at different points in time it seems as if recent market action suggests that we should be looking at the . . . → Read More: Random Shots – Return of the Deflation Trade?

Inflation v Deflation - Which Door do you Pick?

As the debate between inflationistas and deflationistas appear about to rev up again, I thought that I would try to pen to virtual paper and sketch my thoughts on the matter.

The specific catalyst for looking into this is naturally in part the fact that oil looks set to do a round of catch-up . . . → Read More: Inflation vs. Deflation – Which Door do you Pick?

What is the best analogy to help us understand the financial crisis?

In attempting to understand the current financial crisis I don’t have the benefit of a great deal of knowledge of macroeconomics. Nevertheless, I can understand only too well what many macroeconomists are saying about fiscal stimulus and multipliers because they are using Keynesian language that I learned in my first year at university 45 . . . → Read More: What is the best analogy to help us understand the financial crisis?

All Ordinaries Fair Value 1,700 to 2,300

From the latest Leithner Letter:

Given how we came to this pass, where Australia now stands, what the government is doing to us and what may lie before us, it’s difficult to conclude that stocks are cheap and easy to believe that they remain dear. True, the AOI is less overvalued now than it . . . → Read More: All Ordinaries Fair Value 1,700 to 2,300

Paul Krugman: ‘Nobel’ Laureate?

On October 13, it was announced that controversial New York Times columnist Paul Krugman had been awarded the “Nobel” prize in economics. Yes, “Nobel” appears in quotes for a reason. That’s because, unlike the other Nobel prizes which were established by inventor and philanthropist Alfred Nobel, the “Nobel” prize in economics was established (and . . . → Read More: Paul Krugman: ‘Nobel’ Laureate?