The dismal demise of the American Dream (if it ever really existed), the dream not of what we believe it was but of what we wanted to believe it was. "It seems to me that the nature of the ultimate revolution with which... [full story]

Several things have now moved to set the world up for one of the worst run ups in the price of oil and all coming by the second half of 2009. As everyone knows, oil is plunging, in part due to over production during the... [full story]

America has begun the initial steps to final outsourcing of it's last dominant industry. As before, a recession is the key to making the move. Even as we speak, the oil/gas and oil/gas services industries, always a US dominated... [full story]

Last week was a bad one for bank shares; after the HBOS £8.5 billion loss, Lloyds shares fell by a third and other bank shares fell as well. Yet it was a very good week for the gold price, which closed on Friday at... [full story]

Republican Senator Lindsey Graham, who sits on the Senate Budget Committee, said he wouldn’t reject the idea of nationalizing U.S. banks. “I’m very much afraid that any program to salvage the banks is going... [full story]

IN ZIMBABWE, many streets are littered with discarded Zimbabwean dollar bills, and nobody bothers to pick them up. With economists estimating inflation at above five billion percent and the recent dollarisation, the local... [full story]

Let's go back to the gold standard. If the very idea seems at odds with what is currently happening in our country -- with Congress preparing to pass a massive economic stimulus bill that will push the fiscal deficit to... [full story]

I've been getting many calls from listeners who are outraged or perplexed by the actions of their credit card issuer. The issuing banks are raising interest rates by 20 percent or more -- even if the individual has good... [full story]

Banks in Florida, Illinois, Nebraska and Oregon were shut by state regulators, boosting the toll of failed institutions to 13, as a worsening economy and slumping housing market pushes home foreclosures to records. Riverside... [full story]

Investors expecting years of inflation and global economic instability are pouring money into securities backed by gold bullion, helping turn a simple safe haven into a mainstream asset class. SPDR Gold Trust GLD.PGLD.A,... [full story]