The Gold Blog

It might not be morning again in America but Bush hopes to wake up the economy via his Economic Stimulus Act of 2008. The stimulant – pumping more than $152 billion (or about 1% GDP) into the economy via tax rebate cheques - will start arriving in the mailboxes of Americans over the next three […]

“We know we’re already in negative equity,” said Emma Linnane, a 31-year-old university administrator. She bought a cozy, one-bedroom apartment in the Dublin suburbs with her fiancé, Paul Colgan, in May 2006, at the peak of the market. They paid €365,000, or $575,000 - at least $100,000 more than it would fetch today.
 
The bad news […]

The London Independent leads with the headline “The Great Depression” today.
1.1 million Ohio residents alone recieve food stamps, nearly 10% of the Ohio population, and more are elegible.
…and this is no April Fools.

Jim Grant, founder and editor of the highly respected Grants Interest Rate Observer and one of the world’s leading experts on US and international interest rates and financial markets appeared on Bloomberg’s “Taking Stock” on Tuesday, March 24. He is very bearish on bonds, calling them ‘risk without return’ and quite bullish on Gold […]

Ron Paul appeared on CNBC’s Kudlow & Company last week; making his case to abolish the Federal Reserve and work back towards the gold standard:

Michelle Cabrera shouldn’t sound so incredulous, didn’t Jim Rogers appear on CNBC just recently saying the same thing?
Interviewer: “What would be ther first two things you would do if you were […]