Market Thoughts: Commodities, U.S. Treasuries, Greece
According to the mainstream press, the reason behind the present sell-off in commodities – and in many so-called ‘risk-assets’ (stupid really, all assets are…
Detlev Schlichter
Detlev S. Schlichter is a writer and Austrian School economist. He had a 19-year career in financial markets as a derivatives trader and investment manager during which he worked for J.P. Morgan, Merrill Lynch and Western Asset Management. In 2009 he resigned from a senior position in the City of London to focus exclusively on his first book, <a href="http://www.amazon.co.uk/gp/product/1118095758/ref=as_li_ss_tl?ie=UTF8&tag=thecobcen-21&linkCode=as2&camp=1634&creative=19450&creativeASIN=1118095758"><i>Paper Money Collapse – The Folly of Elastic Money and the Coming Monetary Breakdown</i></a>.
Billionaire Defender of the Statist Quo
Psychologists should have no problem explaining our tendency to readily attribute success in investing or trading to skill and not luck. This tendency is…
Nothing Solved! – An outlook
Want to know what is the biggest threat to your prosperity? Look no further than the policy statement released last night by the U.S….
The Paper Bureaucracy
Gordon Brown as the next head of the IMF? What a splendid idea – at least as long as Charlie Sheen is not available….
Embrace Default!
This post is excerpted from an original article published at Paper Money Collapse. There is a myth circulating, and I am not sure whether…