"There are no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." Ludwig von Mises.

December 23, 2009: Compliments of the New York Times... Banks Bundled Bad Debt, Bet Against It and Won comments by GRETCHEN MORGENSON and LOUISE STORY -
May 13, 2010: Draft of Dean LeBaron's "Biases" article, submitted for publication to the Journal of Investment Management  MUST READ                                                     
May 13, 2010: Fiscal Crises and Imperial Collapses: Historical Perspectives on Current Predicaments,,, Niall Ferguson, Harvard University, Niarchos Lecture,
Peterson Institute for International Economics, Washington DC
August 26, 2010: Compliments of the Atlantic... The Point of No Return by Jeffrey Goldberg
                                                              Video Clips
July 14, 2010: Compliments of BNN... Pat Boland in conversation with Eric Sprott CIO, Sprott Asset Management, and Peter Grosskopf CEO, Sprott Inc. Part 1 Part 2
July 8, 2010 : Compliments of BNN... Market Morning : High Financier - Part 1 and Part 2
Harvard professor and historian Niall Ferguson discusses U.S. debt, bond vigilantes and his new book "High Financier."
July 1, 2010: Compliments of CNBC... Former Federal Reserve Board Chairman Alan Greenspan finally speaks truth  Part 1   Part 2   Part 3   Part 4  MUST WATCH
April 15, 2010: Compliments of CNBC... Sprott Speaks Out - Eric Sprott in conversation with Maria Bartiromo
April 1, 2010: Compliments of BNN... Inflation likely the next 'problem': James Grant
March 25, 2010: Bill Murphy of GATA Reveals Whistle-Blower in Gold Price Suppression
March 16, 2010: BNN speaks to Murray Pollitt, President and Director, Pollitt & Co., and Carlos Leitao, chief economist and strategist, Laurentian Bank -
March 14, 2010: Compliments of 60 Minutes... Michael Lewis of Liar's Poker fame talking about his new book on Wall Street.
He has captured the essence of today's situation in a superb manner.
March 9, 2010: Compliments of the Financial Times... Dean Curnutt in conversation with Marc Faber editor of the Gloom Boom and Doom Report
February 17, 2010: Compliments of CNBC... Dr Doom: China Will Drag Down US Stocks By 20%

                                                             Recent Articles 
September 1, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
September 1, 2010: Compliments of Canadian Centre for Policy Alternatives... Housing Bubble An Accident Waiting to Happen by David Macdonald
September 1, 2010: Murray Pollitt of Pollitt & Co. Inc.'s great Monthly Market Letter
August 31, 2010: Compliments of Pollitt & Co. Inc. The Wrap... When Governments Use Private Sector Tricks to Skirt the Rules
Why the EUR 440 Billion European Stability Fund is Structured as a Limited Liability Special Purpose Vehicle by John Paul Koning
August 27, 2010: Compliments of the Globe and Mail... A Chinese stake in Potash Corp. would be a game changer
A Beijing bid could spell end of pricing control and shift wealth out of Canada by Drek DeCloet
August 27, 2010: The Boeckh Investment Letter... Increasing Risks  by Tony Boeckh and Rob Boeckh
August 27, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
August 26, 2010: Compliments of Business Week... Gold's Evangelist
With gold a fashionable hedge against turbulent times, one billionaire is doing everything he can to get his hands on the actual stuff by Jason Kelly
August 24, 2010: Compliments of Forbes... Bernanke's Fed Full Of Blind Mice by Martin Sosnoff
August 23, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
August 15, 2010: Murray Pollitt of Pollitt & Co. Inc.'s great Monthly Market Letter
August 13, 2010: Markets At A Glance... Fooled By Stimulus by Eric Sprott and David Franklin
August 12, 2010:The Boeckh Investment Letter... Volatility, Correlations and Returns in the New Environment By Tony and Rob Boeckh
August 10, 2010: Compliments of Bloomberg... Print Back to story U.S. Is Bankrupt and We Don't Even Know: by Laurence Kotlikoff
August 10, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
August 9, 2010: Compliments of The Daily Reckoning... The Great Grain Robbery by Chris Mayer
August 9, 2010: I missed this great column when it came out on June 27, 2010; a must read. You don’t recover from a debt crisis with more debt by Gwyn Morgan
August 8, 2010: Compliments of the Telegraph... Commodity spike queers the pitch for Bernanke's QE2 by Ambrose Evans-Pritchard
August 2, 2010: Compliments of BoeckhInvestmentLetter.com ... Roller Coaster Economics: Prepare for the Next Downturn by Brian Reading (Contributing Editor)
August 2, 2010: Compliments of The Telegraph... A timely recounting of the Weimar disaster that aided Hitler's rise to power by Charles Moore
July 29, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
JULY 27, 2010: Compliments of Salon.com... Are the American people obsolete? The richest few don't need the rest of us as markets, soldiers or police anymore.
Maybe we should all emigrate BY MICHAEL LIND
July 27, 2010: Murray Pollitt of Pollitt & Co. Inc.'s great Monthly Market Letter - Brilliant!
July 25, 2010: Compliments of The Telegraph... The Death of Paper Money. As they prepare for holiday reading in Tuscany, City bankers are buying up rare copies of an obscure book on the mechanics of Weimar inflation published in 1974 by Ambrose Evans-Pritchard
July 23, 2010:The Boeckh Investment Letter... The Artificial Economic Recovery By Tony and Rob Boeckh
July 21, 2010: Compliments of Business Insider Clusterstock... SHOCKER: Hidden In Obamacare, There's A Secret Tax On Gold  by Gus Lubin
July 21, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
July 19, 2010: Compliments of The Guardian... Can Malaysia's Islamic gold dinar thwart capitalism?
July 18, 2010: Compliments of the Blackstone Group... July 2010 Market Commentary - The Smartest Man Thinks We Are Writing History by Byron Wien
July 16, 2010: Compliments of the Ottawa Citizen... How easy credit killed safe investing by James Bagnall
July 16, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
July 14, 2010: History's Greatest Ponzi Scheme by Conrad Black
July 13, 2010: The Boeckh Investment Letter... Demographics, Destiny and Asset Markets by George Magnus (Contributing Editor)
July 12, 2010: Chinese rating agency strips Western nations of AAA status... by Ambrose Evans-Pritchard, International Business Editor
China's leading credit rating agency has stripped America, Britain, Germany and France of their AAA ratings, accusing Anglo-Saxon competitors of ideological bias in favour of the West.
July 12, 2010: Markets At A Glance... Wither Green Shoots by Eric Sprott and David Franklin
July 10, 2010: Compliments of ZeroHedge.com... The Financial Con Of The Decade Explained So Simply Even A Congressman Will Get It by Tyler Durden
July 9, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
July 5, 2010: Murray Pollitt of Pollitt & Co. Inc.'s great Monthly Market Letter - Brilliant!
July 4, 2010: Compliments of The Telegraph... With the US trapped in depression, this really is starting to feel like 1932 by Ambrose Evans-Pritchard
July 1, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
July 1, 2010: CHART OF THE DAY: Russia Is On A Crazy Gold Binge by Vincent Fernando, CFA and Kamelia Angelova
July 1, 2010: Compliments of ZeroHedge.com... Gold 75% Underowned In 20 Years, Or Exeter's Pyramid For Gen X/Y... Submitted by Tyler Durden
June 29, 2010: The Boeckh Investment Letter... Asset Allocation Thoughts by Tony and Rob Boeckh
June 29, 2010: Compliments of the Telegraph... Time to shut down the US Federal Reserve? by Ambrose Evans-Pritchard
June 28, 2010: Compliments of The Erste Group... Special Report Gold In GOLD we trust – June 2010
June 28, 2010: Investment Outlook... Three Will Get You Two (or) Two Will Get You Three by Bill Gross - June 2010
June 28, 2010: Compliments of The Age... Risk of inflation low on America's list by MARTIN FELDSTEIN
June 25, 2010: U.S. dollar's collapse inevitable by John Embry
June 25, 2010: Compliments of The Financial Times... Orszag exit reveals deficit policy split by Edward Luce in Washington
June 24, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
June 18, 2010: Compliments of Bloomberg... Gold on longest winning streak since 1920 by Nicholas Larkin
June 18, 2010: Compliments of The St. Louis Federal Reserve Bank... Monetary Trends July 1010 The First U.S. Quantitative Easing: The 1930s by Richard G. Anderson
June 16, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
June 13, 2010: Compliments of the New York Times... U.S. Identifies Vast Riches of Minerals in Afghanistan by JAMES RISEN
June 10, 2010: Compliments of Bloomberg... Soros Says ‘We Have Just Entered Act II’ of Crisis by Zoe Schneeweiss and Andrew MacAskill
June 6, 2010: Compliments of Financial Sense...Who Controls the Gold Market? by Julian Phillips
June 3, 2010: Compliments of Financial Sense...The Many Faces of Gold by Brian Pretti
June 3, 2010:  Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
June 2, 2010: Compliments of Financial Post... Buy & Sell: World according to Jeddeloh by Jonathon Ratner
June 1, 2010: The Boeckh Investment Letter... Enough Blood in the Streets by Tony and Rob Boeckh
May 28, 2010: Markets At A Glance... A Busted Formula by Eric Sprott and David Franklin
May 27, 2010:  Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
May 22, 2010: Compliments of The Wall Street Journal... A Billionaire Goes All-In on Gold by Liam Pleven and Carolyn Cui 
May 21, 2010: Murray Pollitt of Pollitt & Co. Inc.'s great Monthly Market Letter
May 13, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
May 13, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
May 10, 2010: Compliments of The Wall Street Journal... Did a Big Bet Help Trigger 'Black Swan' Stock Swoon?
by SCOTT PATTERSON And TOM LAURICELLA
May 7, 2010: Compliments of PIMCO... May 2010 Investment Outlook by Bill Gross
May 6, 2010: Compliments of SpiegelONLINE... The Mother of All Bubbles Huge National Debts Could Push Euro Zone into Bankruptcy by Spiegel Staff
May 4, 2010: The Boeckh Investment Letter... The Great Reflation by Tony Boeckh
May 4, 2010: Murray Pollitt of Pollitt & Co. Inc.'s great Monthly Market Letter
April 29, 2010: Compliments of MiningWeekly.com... Gold investment demand has 'barely scratched the surface' by: Liezel Hill
April 27, 2010: Markets At A Glance... Weakness Begets Weakness: from Banks to Sovereigns to Banks by Eric Sprott and David Franklin
April 23, 2010: Gold seldom 'allowed' to rise more than 2% by John Embry
April 22, 2010: Compliments of Pollitt & Company... Government Debt in the Age of Financial Innovation by John Paul Koning
April 20, 2010: Compliments of The Wall Street Journal... An Economy of Liars
When government and business collude, it's called crony capitalism. Expect more of this from the financial reforms contemplated in Washington by GERALD P. O'DRISCOLL JR.
April 20, 2010: Compliments of the Borowitz report... Goldman CEO to Perform Community Service as Treasury Secretary
April 19, 2010: Murray Pollitt of Pollitt & Co. Inc.'s great Monthly Market Letter
April 17, 2010: Compliments of The Baseline Scenario... Our Pecora Moment by Simon Johnson
April 15, 2010:  Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
April 13, 2010: The Boeckh Investment Letter...Still Bullish by Tony and Rob Boeckh
April 11, 20101: Compliments of the New York Post... Metal$ are in the pits by MICHAEL GRAY
March 31, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
March 26, 2010: Gold bullion price: new all-time high dead ahead by John Embry
March 25, 2010: Rocking-Horse Winner April 2010 by Bill Gross
March 16, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
March 16, 2010: February/March Special Issue of Markets At A Glance... It’s Déjà Voodoo Economics... All Over Again by: Eric Sprott & David Franklin
March 15, 2010: Murray Pollitt of Pollitt & Co. Inc.'s great Monthly Market Letter
February 26, 2010: Negative patter - stronger prices by John Embry
February 25, 2010: The Rise and Fall of the Reserve Currency Dollar... The Curse of the Paper Dollar by Michael A Berry, PhD
February 25, 2010:The Boeckh Investment Letter... GLOBAL DISEQUILIBRIA: Don’t expect lasting stability By Tony and Rob Boeckh
February 23, 2010: Compliments of Bloomberg... Secret AIG Document Shows Goldman Sachs Minted Most Toxic CDOs by Richard Teitelbaum
February 22, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
February 20, 2010: John Embry's speech at the recent Cambridge House Conference in Vancouver
February 20, 2010: Compliments of the Atlantic... How a New Jobless Era Will Transform America (March 2010) by Don Peck
February 19, 2010: Compliments of The Finanacial Post... The future is Greek
I have seen America’s future, and it is Greece by Anne Applebaum
February 17, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
February 17, 2010: Wall Street's Bailout Hustle... Goldman Sachs and other big banks aren't just pocketing the trillions we gave them to rescue the economy -
they're re-creating the conditions for another crash by MATT TAIBBI
February 17, 2010: R-words, non-consensus surprises, refocused strategies, and opportunely REINFORCED DISCIPLINE by Michael R. Graham, Ph.D.
February 12, 2010: Murray Pollitt of Pollitt & Co. Inc.'s great Monthly Market Letter
February 12, 2010: Compliments of Bloomberg... Man Up, Obama, or Make Way for President Palin Commentary by David Reilly
February 11, 2010: Compliments of BusinessIntelligence Middle East... Marc Faber sees 'no huge downside risk for gold,' more sovereign defaults
February 10, 2010: Compliments of The Financial Times... A Greek crisis is coming to America by Niall Ferguson
February 9, 2010: Compliments of MarketWatch... How to invest for a global-debt-bomb explosion
Prepare for an apocalyptic anarchy ending Wall Street's toxic capitalism by Paul B. Farrell
February 6, 2010: Investment Outlook February 2010; The Ring of Fire by Bill Gross
February 4, 2010:The Boeckh Investment Letter... GLOBAL DISEQUILIBRIA: Don’t expect lasting stability By Tony and Rob Boeckh
February 4, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
February 1, 2010: Compliments of The New York Times... Good and Boring by PAUL KRUGMAN
January 30, 2010: Compliments of Sprott Asset Management... Beware Counterfeiters by Kevin Bambrough & David Franklin
January 29, 2010: Compliments of Bloomberg... Secret Banking Cabal Emerges From AIG Shadows by David Reilly
January 27, 2009: Murray Pollitt of Pollitt & Co. Inc.'s great Monthly Market Letter
January 26, 2009 Expect Gold to gain more than 30% this year by John Embry
January 25, 2010: Compliments of the Huffington Post... How Paulson's People Colluded With Goldman to Destroy AIG And Get A Backdoor Bailout
by David Fiderer
January 25, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
January 25, 2009: Compliments of Bloomberg... Biggs Favors Tech, Drug Stocks on ‘Strong’ Recovery
January 22, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
January 19, 2010: Compliments of The Times... They came to Goldman Sachs’ oracle in search of wisdom and were told to buy lots of equities
by Patrick Hosking
January 18, 2010: Compliments of The Ottawa Citizen... Federal PS pensions a $58B debt time bomb, think tank says by KATHRYN MAY
January 15, 2010: Compliments of The Financial Post... Gold Bull, Dollar Bear by Jonathan Ratner
January 15, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
January 11, 2010: Investment Outlook... Let’s Get Fisical by Bill Gross
January 9, 2009: Compliments of the Asia Times... Obama's Yemeni odyssey targets China by M K Bhadrakumar
January 8, 2010: Compliments of The Asia Times... Russia, China, Iran redraw energy map by M K Bhadrakumar
January 8, 2010: Compliments of The Motley Fool... Is Fed Buying Behind the Stock Rally? by Alex Dumortier, CFA
January 8, 2010: Compliments of The Huffington Post...Timothy Geithner, I Call Your Bluff
by Janet Tavakoli, President, Tavakoli Structured Finance, Inc.
January 7, 2010: Compliments of Bloomberg.com... Rubin, Oil Rally Predictor, Sees $100 Crude in 2010 by Grant Smith
January 6, 2010: Compliments of FinancialSense.com... 2010: Giant Gathering Storm Clouds by Jim Willie, CB. Editor, Hat Trick Letter |
January 6, 2010: Murray Pollitt of Pollitt & Co. Inc.'s great Monthly Market Letter
January 5, 2010: Compliments of The Telegraph... Willem Buiter warns of massive dollar collapse -  Americans must prepare themselves for a massive collapse in the dollar as investors around the world dump their US assets, a former Bank of England policymaker has warned. By Edmund Conway,
January 4, 2010: Timothy Geithner Meets Vladimir Lenin by John P. Hussman, Ph.D.
January 4, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
December 31, 2009: Compliments of FairfieldWeekly.com... We're Screwed!
ShadowStats.com founder John Williams explains the risk of hyperinflation. Worst-case scenario?
Rioting in the streets and devolution to a bartering system by Phil Maymin
DECEMBER 30, 2009: Compliments of the Wall Street Journal... Lawmakers Want Probe Into Treasury Aid for Fannie, Freddie
By MICHAEL R. CRITTENDEN
December 30, 2009: Compliments of NationalReview On-Line... Stop Digging The pile of debt is far too deep already by Nicole Gelinas
December 29, 2009: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
December 24, 2009: Gold bull has many years, thousands of dollars to go by John Embry
December 23, 2009: Is it all just a Ponzi scheme? by: Eric Sprott & David Franklin
December 23, 2009: Compliments of The Globe and Mail... Just how big a mortgage can you carry? by Jeff Rubin
December 22, 2009: Compliments of WWW.BOECKHINVESTMENTLETTER.COM... RISK & UNCERTAINTY IN 2010: Hopefully Some Return Too by Tony and Rob Boeckh
December 18, 2009: Compliments of UBS Wealth Management Research... If in a bubble, gold is not yet expensive by Andreas Höfert, economist
December 17, 2009: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
December 16, 2009: Murray Pollitt of Pollitt & Co. Inc.'s great Monthly Market Letter
December 15, 2009: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
December 13, 2009: Compliments of The Observer... News World news Drugs trade Drug money saved banks in global crisis, claims UN advisor Drugs and crime chief says $352 bn in criminal proceeds was effectively laundered by financial institutions by Rajeev Syal
December 12, 2009: Compliments of Mineweb.com... Russian Central Bank to buy 30 tonnes of gold from Gokhran
December 10, 2009: A Contrarian’s Dilemma... December 2009 by John Hathaway
December 9, 2009: Compliments of Rollingstone.com... Obama's Big Sellout
The president has packed his economic team with Wall Street insiders intent on turning the bailout into an all-out giveaway by MATT TAIBBI
December 8, 2009: Compliments of The Telegraph... Ex-Fed chief Paul Volcker's 'telling' words on derivatives industry by Louise Armitstead
December 6, 2009: Compliments of Traders Press... Speculation as an ART by Dickson G. Watts was President of The New York Cotton Exchange between 1878 and 1880
December 5, 2009: Compliments of Coin Update News... Coin Collector News US Mint Gold Buffalo Bullion Coins Sold Out, Other Gold Coins Suspended or Limited
by Michael Zielinski
December 4, 2009: Asset Recovery or Asset Bubble? by Tony and Rob Boeckh
December 3, 2009: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
December 2, 2009: Gold Nexus for Powerful Struggle Underway for New Global Financial World Order Commodities / Gold & Silver by: Jim Willie Editor of The Hat Trick
December 2, 2009: Compliments of the UNIVERSITY OF CALIFORNIA PRESS, (1990) Historical Economics... Art or Science? by Charles P. Kindleberger,
Professor of Economics Emeritus, Massachusetts, Institute of Technology
December 1, 2009: Compliments of Richard Russell and The Dow Theory Letters... "Few Americans know of the betrayal that was plotted on Jekyll Island, Georgia"
November 19, 2009: Compliments of Global Research and Rabble.ca... Canada's Sub-Prime Mortgage Time Bomb by Murray Dobbin
Ottawa: The biggest sub-prime lender in the world 
November 16, 2009: Compliments of Prudentbear.com... Waiting for the train-wreck by Martin Hutchinson
November 10, 2009: The Real Deal by Dean LeBaron, CFA, Walter Deemer and Mark Ungewitter...                           
October 24, 2009:  MEMORANDUM FOR THE PRESIDENT: FROM: Arthur F. Burns;  June 3, 1975...  
                                                                                                            
                                                                                 More Notable Quotations
"I repeat what I have said in the past, no decent citizen should trust the Federal Reserve for one second. It’s very important that everyone own some gold because the government will make the dollar (in the long term) useless." - Marc Faber

"Any serious attempt to withdraw the stimulus at this point will trigger a deflationary depression and a continuation of the current policies will put us firmly on the road to hyperinflation" - John Embry

Stalin’s correspondence is interspersed with terse orders to send all opponents of collectivization to ‘concentration camps’, to execute those stealing property, and
to shoot political opponents: “Kondratieff, Groman, [two prominent non-Party economists, especially reviled by Stalin] and a few other scoundrels must definitely be shot.”

"The value of most currencies, including ours, is going to decline in purchasing power. I still believe, over a 10-year period, I would much rather own stocks than cash." -
Warren Buffet

"A government that robs Peter to pay Paul can always depend on the support of Paul." - George Bernard Shaw.

"If you think health care is expensive now, wait until you see what it costs when it's free." - P.J. O'Rourke

"History doesn't repeat itself but it often rhymes." Mark Twain
 
"A nickel ain't worth a dime anymore" - YOGI BERRA

"There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages
 all the hidden forces of economic law on the side of destruction and it does it in a manner which not one man in a million is able to diagnose." - John Maynard Keynes