prudent investor newsletters

The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Sunday, September 16, 2007

On Bailouts: Left Hand Doesn't Know What The Right Hand Is Doing; Asymmetric Market Signals

``Monetary policy, at bottom, is not independent of fiscal policy. While reckless fiscal policy invariably ends in attempts to “monetize” th...

Phisix: MINING and SERVICES Outperform; Buy Mines When Gold Crosses $726!

``The most important thing about money is to maintain its stability; You have to choose (as a voter) between trusting to the natural stabili...

Sunday, September 09, 2007

Will the Driver of the World Financial Markets Please Stand?

`` Since the 1970s, the US has experienced five outright recessions and two mid-cycle slowdowns (in 1986 and 1995). Most of the US re...

US Fed Chair Bernanke’s Hands Are Tied!

``Mr. Bernanke is the epitome of US economic thinking. He is like a navigator in the 16th century who did not believe the earth to be round...

A Global Depression or Platonicity?

``A novel, a story, a myth, a tale, all have the same function: they spare us from the complexity of the world and shield us from its random...

Loosening Correlations: A Possible Reprise Of The 1970-80s “Stagflationary Era”?

``The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a...

Sunday, September 02, 2007

Global Equity Markets: A Complete Recovery or A False Dawn?

``But the fallout from this crisis will be with us for a long time. Stocks are thought to be riskier than bonds and much riskier than mortg...

View web version

Powered by Blogger.