Trust Over the last week we have experienced not just a massive hit on our financial wealth. More than that we have seen an even greater fracturing of trust. It appears that it is not money that makes the world go round, but trust. Even with the most phenomenal injection of liquidity into the market [...]

Just read this story about the demonstrations that took place outside the New York Stock Exchange and the Federal Reserve in Washington earlier this week… In Australia there was no news coverage, and I can't imagine that there was any in the US either. Here is an excerpt from the piece that I have linked [...]

Here is something that should make us all take a step backward and think very carefully about what is happening: The US Mint has announced that it is curtailing manufacturing of gold bullion coins! The Mint said it would continue to supply one-ounce American Eagle gold coins and one-ounce American Eagle silver coins on an [...]

All Fall Down James Howard Kunstler Author of The Long Emergency Oct 7, 2008 God knows what manner of deals went down this past weekend in the Hamptons wine cellars and below-decks among the Chesapeake Bay sailboat fleet. All these hidey-holes must have been dank and fetid with the sweat of mortal fear. Will the [...]