Rapture verdict ad 1

Use Of The Articles On This Site

If you would like to use any of the articles on this site on your own blog or website, that is perfectly fine. What we require is that you make no edits to the content of the article and that you include a direct link back to the article source.

Recent Posts

Disasters Can Happen

The Three Headed Debt Monster That’s Going to Rampage the Economy

The Three Headed Debt Monster That’s Going to Rampage the Economy

by MN Gordon

Economic Prism

“The bank is something more than men, I tell you.  It’s the monster.  Men made it, but they can’t control it.” – John Steinbeck, The Grapes of Wrath

Mass Infusions of New Credit

Something strange and somewhat senseless happened this week.  On Tuesday, the price of gold jumped over $13 per ounce.  This, in itself, is nothing too remarkable.  However, at precisely the same time gold was jumping, the yield on the 10-Year Treasury note was slip sliding down to 2.15 percent.

In short, investors were simultaneously anticipating inflation and deflation.  Naturally, this is a gross oversimplification.  But it does make the point that something peculiar is going on with these markets.

Clear thinking and simple logic won’t make (Read More....)

. . . → Read More: The Three Headed Debt Monster That’s Going to Rampage the Economy

Hi I am Michael160 ABOUT ME160 Follow Me On facebook160 Follow Me On twitterMicheals Book MN Gordon EPAbout MN GordonFollow MN Gordon