THE SCHAEF REPORT: Bailouts – Round 2

“The nature of humans is to reject what is true but unpleasant, and to embrace what is obviously false but comforting.” – H.L. Mencken Money Addicts. Stimulus packages and bailouts are implemented for one reason: to give a temporary appearance of an economic...

Charting Gold

Each commodity and each economic good has its own characteristics, and before you trade any market seriously, you should stick your toe in the water, so to speak, (meaning to trade at a level you can afford). In this way, you can acquire knowledge of the...

What an Out Of Control Mob Looks Like

If you haven’t yet seen it, take a look at the video posted below. The LA Times reports that the LAPD is using the video to locate those responsible. After the LA Lakers’ win, excited fans took to the streets. One thing led to another and a cabbie was...