Spendingless Recovery Underway

In recent weeks, as predicted by Gerald Celente, we’ve heard the mainstream media talk about the “jobless recovery” in our economy. Now, we have even better news coming from the Federal Reserve as outlined by Karl Denninger in The Government’s...

$1,000 gold

Dear Mr. Norris: You are wrong. Now you must listen to my song. The price of gold hit nine-nine-eight. To break $1,000 is its fate. (Note to readers: With gold ready to break above $1,000, we have an interesting opportunity to look into the minds of competing traders...

1 in 6 Americans Out of Work

The Bureau of Labor Statistics reported today that the U-3 unemployment rate rose to 9.7% in August, up from 9.6% in July. In One Word: Yuck, Karl Denninger focuses in on the U-6 figure, which is a more accurate count of the job stuggles average Americans are...