Legalized Plunder

“Legalized Plunder – Why we have all been had, fooled and deceived…. and the surprising reason we keep asking for more of the same bad medicine”

Author G Edward Griffin was pilloried from all sides when his book The Creature from Jekyll Island was first published in 1994.

18 years later, when prediction after prediction has come true, and Griffins claim that we are in the middle of enormous changes to society that will affect your lifestyle, your livelihood and your financial wellbeing are playing out every day, people are taking notice.

Last week in his candid video interview with Caseys Research’s Louis James. Griffin talked about the book, his thoughts on the ominous slide towards a totalitarian state and where he feels we are heading. From here on in. Continue reading "Legalized Plunder"

The Bottom Line on Gold, the Dollar, and the Euro

By Louis James, Casey Research

One of the points we've made several times over the last year is that traders stuck in an old paradigm are frequently selling gold for the wrong reasons.

The most egregious (or just plain silly) example is that gold often drops when the euro drops.

This happens, not because there's anything wrong with gold at such times, but because gold is priced in dollars. Instead of being thought of as a store of value in many investors' minds, gold is viewed as a hedge against weakness in the dollar.

But what are dollars priced in? Continue reading "The Bottom Line on Gold, the Dollar, and the Euro"

When Will Gold Finally Take Off Again?

By Jeff Clark, Casey Research

Gold's pullback a year ago no doubt shook out a lot of nervous buyers. They got in on the rise, they got nervous on the pull back. They sold, and they lost.

That's just the way the market works.

But it's a shame, because when we look logically at gold's historical performance – for example over the last 12 years – we see that holding their nerve, tough though it can be, will most likely turn out to be the best approach, and for good reason. Continue reading "When Will Gold Finally Take Off Again?"

Invest in What China Needs to Buy: Don Coxe

The US is no longer the safest place in the world to invest, says Don Coxe, a strategic advisor to the BMO Financial Group. While US-based companies are forced to wade through red tape and legal challenges, relatively lax regulation in emerging economies created stiff competition. In this exclusive interview with The Energy Report, Coxe explains how investors should position themselves as China and India rise to superpower status.

The Energy Report: You are famous for taking the long view of the political economy, Don. What does the machinery of history tell us about the likely future of the Western world as measured against the newly industrializing economies, including China, India, and Brazil?

Don Coxe: For the first 17 centuries of the so-called Christian Era, China and India together generated about 40-50% of global gross domestic product (GDP), due to the sheer size of their populations. But when they did not participate in the Industrial Revolution, the relatively small number of people living in Europe and North America were able to take over 70% of global GDP. The East stagnated. Continue reading "Invest in What China Needs to Buy: Don Coxe"

Don Coxe Recommends Investors Read Lenin to Understand the Markets

China and India have always been crazy for gold, and the yellow metal remains the choice store of value in those two countries, says Don Coxe, a strategic advisor to the BMO Financial Group. In an exclusive interview with The Gold Report, Coxe explains how demographic shifts are affecting the price of gold and delves into the logic of investing in gold as a long-term strategy. Coxe also draws an important lesson in economics from his reading of Lenin. Continue reading "Don Coxe Recommends Investors Read Lenin to Understand the Markets"