by Jack the Pipper | 2 years ago | 12:36 PM | 28 Jul 2011
It was kind of ironic, from the standpoint of my simple life, that my neighbor stopped by yesterday to give me some junk mail addressed to me, but put in his box.… More…
by Jack the Pipper | 2 years ago | 11:54 PM | 27 Jul 2011
One of our many loyal readers sent me a brief comment the other day (his longer comments are usually very entertaining.) He said, regarding Secretary of State Hillary Clinton being over in China to quell their worst fears of a US default… More…
by Jack the Pipper | 2 years ago | 12:14 PM | 26 Jul 2011
Envoy Hillary was launched on Asian markets yesterday to calm fears about Treasury bond default because her boss doesn't want to stop spending like a drunken sailor. Spending is power, thus why we get all the obfuscation, double-dealing, and outright lies on a regular basis from our pols.… More…
by Jack the Pipper | 2 years ago | 12:03 PM | 22 Jul 2011
Did you hear? They've agreed to a robust bailout plan that increases the scope and effectiveness of the EFSF. It seems expected to succeed in resolving the crisis and stemming potential contagion.… More…
by Jack the Pipper | 2 years ago | 11:04 PM | 21 Jul 2011
It is the nature of market analysis and advisory newsletters to make predictions. I am going to make a prediction now ...… More…
by Jack the Pipper | 2 years ago | 12:07 PM | 20 Jul 2011
Jim Grant, editor of Grant's Interest Rate Observer, is an articulate and brilliant person. His ability to sum up economic events of the day in his entertaining and succinct manner is proof of his depth.… More…
by Jack the Pipper | 2 years ago | 9:11 AM | 15 Jul 2011
Sorry, but the last two days of rising QE3 potential and consequent price action just made me think of a rollercoaster. And from there I found myself singing the Red Hot Chili Peppers' version of 'Love Rollercoaster.' (Truly funky readers may prefer the original from The Ohio Players.)… More…
by Jack the Pipper | 2 years ago | 1:16 PM | 14 Jul 2011
The fact of the matter is because the majority of people look to the government as their surrogate mommy and daddy (which explains the dismal political class we are stuck with as nearly half the US population is on some form of welfare), we will never get a real test of an Austrian School tough love fix versus the warmed over Keynesian stimulus gruel we are fed… More…
by Jack the Pipper | 2 years ago | 12:44 PM | 13 Jul 2011
Mr. Rogers makes commodities sound so easy. Even when he's not wearing his bow-tie, Jimmy Rogers has it nailed - commodities are in a secular bull market.… More…
by Jack the Pipper | 2 years ago | 12:46 PM | 12 Jul 2011
I read with interest Mr. George Soros' plan B for Europe, as succinctly laid out in and editorial the Financial Times this morning. In case the EU leaders didn't know it, Mr. Soros is here to let them know it's time for the eurozone to be "ringfenced," i.e. insure the core remains stable despite the fact it may be too late for some countries on the periphery.… More…
by Jack the Pipper | 2 years ago | 11:33 PM | 08 Jul 2011
When I saw a headline after Jean Claude Trichet spoke after the ECB monetary policy decision yesterday, I had to scratch my head and check my calendar to make sure the year wasn't 1984.… More…
by Jack the Pipper | 2 years ago | 11:07 PM | 06 Jul 2011
My old boss, Ross Perot (yes, it's true), used to say that giant sucking sound you hear is the sound of jobs leaving the country thanks to NAFTA. Despite all the criticism from the free-market mantra clowns on the right, Perot was indeed proved correct, regardless of what you may think of the man.… More…
by Jack the Pipper | 2 years ago | 11:25 PM | 01 Jul 2011
I apologize, but when I think of gold bugs I have trouble not thinking of Mike Meyer's performance as Goldmember in the third installment of the Austin Powers movies.… More…