Doug Casey’s latest book, Totally Incorrect, gathers his iconoclastic views in a tidy package to stimulate and possibly dismay readers. In an interview with The Gold Report, Doug elaborates on some of his most radical ideas and offers his view of where the markets are likely to head in 2013.[Read more...]
The stock market took a tumble yesterday. The Dow fell 265 points after investors had a chance to ruminate about the Fedâ€™s latest action.
It wasnâ€™t what the Fed did or said that discouraged investors. It was what it didnâ€™t say and what it didnâ€™t do. It didnâ€™t say, for example, that it was going to â€œcrank up the printing pressesâ€� and deliver trillions of new dollars to the economy.[Read more...]
“Like politicians?” asked our friend, Michael. We couldn’t help but laugh. “Yes,” we answered. “Just like politicians.”
Your editor occasionally spends his Saturday afternoon helping a Taiwanese friend with his English. Our friend manages a large retirement fund here and, as with many professionals in the developing world who interact frequently with western business people, Michael is tireless is his pursuit to improve his second language skills. Part of this past weekend’s lesson was devoted to explaining the word “parasite.” Michael, as you can see, is a fast learner.[Read more...]