As gold broke below the psychologically important level of $1,200 an ounce late in December of 2013, the mainstream financial media burst with headlines like this one fromMarketwatch, "Gold’s Safe-Haven Role is Over". The Nobel prize winning economist from The NY Times, Paul Krugman, penned a wicked missive on the ‘barbarous relic’ by invoking Keynes... Read More
September was not a good month for the U.S. dollar. The world’s reserve currency is sustained in large part by the Petrodollar, the agreement by the Saudis and OPEC to price oil in dollars and only accept dollars for payment. The US gets a guaranteed demand for its fiat currency and in exchange the US... Read More
The recent financial fireworks in the US and in Europe have made it clear that QE3 is close at hand. The third installment described herein is much more than just another revving up of the printing presses, as it will involve a paradigm shift intent on restoring currencies and maintaining the current power structure. It's... Read More
After a tense week with world markets teetering on the edge of collapse Angela Merkle finally met with her French counterpart Nicholas Sarkozy and they ended the seventh month chill in their once cozy relationship. According to The Independent, they faced a serious impasse regarding bank haircuts in the "déjà vu all over again" Greek... Read More
José TomásThe SP 500 hit an apocryphal low of 666 during the financial crisis in March of 2009 from which point it has surged to more than double in price in about two years. This bull market is one of the most robust in US equities history; its only rivals are the end of the... Read More
The Money Lenders by Quentin Metsys - 1466 "I'm just a banker do doing God's work." Lloyd Blankfein Much has been said about both the moral hazard of banks being bailed out and people bailing out of mortgages. The major question raised was, would this ‘bailout’ contagion infect the integrity of our economic and political... Read More
America’s once vibrant Republic has morphed into an imperial oligarchy. The regime has weaved a new dogma preached faithfully by pundits and politicians of both parties. As that dogma crumbles in the face an impending economic collapse, the vast majority of citizens will be left in an ideological vacuum. Palin or Obama, Fox or CNN,... Read More
You know that screeching sound a balloon makes as it's about to burst? The world economy is the balloon and the slew of trillion dollar bailouts over the last two years were of the last bursts of air from a set of exhausted, dollar denominated lungs. BUBBLES When did this bubble begin? Some would reach... Read More
The most powerful dogma of the modern world is the belief in abstract money. It led to the financial meltdown and is at the center of the current debt crisis. As the following graph shows, if the world economy had continued on the same track as it had for the first seven years of the... Read More
According to The New York Times “When a 1991 survey by the Library of Congress and the Book-of-the-Month Club asked what the most influential book in the respondent's life was, Rand's Atlas Shrugged was the second most popular choice, after the Bible.” Is this a good thing? It is certainly a very American phenomenon. Americans... Read More
Ben Bernanke’s head is resting gently on a block of wood. A large angry man is lifting an axe, and this just maybe the first head to roll in the January Revolution. Who is holding the axe? Well, let’s just say someone who got up after a long slumber. He's not feeling too well. You... Read More
For years, people have been calling for the world to forgive third world debt. The amount of effort that poverty stricken countries make just to pay interest on their debt while people are starving and living in misery is shameful. Corrupt governments stole big portions of what was borrowed instead of investing it in infrastructure... Read More
If Murphy’s Law ever met 2010, it could literally mean the end of an era that began in the industrial revolution, what will one day be called the industrial age. An age that will be marked by three phenomena: consumption, extreme violence (against humans and the environment), and innovation. The beginning of the 19th Century... Read More
The distribution of wealth in the United States has become more and more unequal since the mid 1970’s. Wealth is not income, it's the stuff people own, houses, cars, money in the bank, stocks, bonds, etc as opposed to income which is money earned from work, rent, dividends among other things. The United States has... Read More
Robert Bonomo is a blogger, novelist and esotericist. He has lived and worked in Madrid, San Francisco, Buenos Aires, Kamchatka, Miami, Valencia, Cartagena, New York and a few other not so interesting places. He has toiled as a writer, blogger, car salesman, land surveyor, media buyer, spice salesman, transportation salesman, teacher, advertising salesman, marketing manager and consultant (of course he had to be a consultant too). He has done some other things but asked that we not mention them here.
Robert is a late blooming anarchist and has been published in some of the leading alternative media sites including LewRockwell.com, INFOWARS.com, Global Research.com, Activist Post, Business Insider, Pravda, RINF, Astrological News Service, Occidental Observer and Henry Makow. When the smoke clears, the tyrants are vanquished and liberty is restored, he will have done his part, God willing.