On the the next radio program: "Living & Investing in a Dystopian Digital Currency World" David McAlvany, Michael Oliver & Quinton Hennigh are guests.
Slider
Invest with Monetary Metals. See ads on this page. Click on Newsletter in top menu to learn more about Jay's newsletter.

Biden’s Last Throw of the Geopolitical Dice

Alasdair Macleod, Chen Lin and Michael Hudson return as guests this week on the radio program. One reality American policy makers overlook is that the basis for strong nations is a strong economic footing. Believers in the Keynesian fairy tale that you can create wealth by printing money are blinded by that Keynesian big lie. So political ... [Read More]

A Very Dangerous Economic Period

Our Good Friday celebration shortens the trading week to just four days. The last day of this trading week, April 1 was a day of resurrection for stocks more in tune with what we Christians will celebrate in the spiritual realm on Sunday. April 1 was ... [Read More]

President Biden’s Next $3 Trillion Boondoggle

David Stockman, Michael Oliver & Michael Timmins return at this week’s program. “Leave it to the New York Times to remind us why prosperity is not just around the corner. And that’s regardless of whether or not the force-feeding of $6 trillion ... [Read More]

Interest Rates amid Out of Control Spending

John Rubino, Corwin Coe and Quinton Hennigh return as guests on this week’s program. As countless thousands of illegal immigrants swarm over the U.S. southern borders from all over the world, Democrats can’t wait to give them free stuff in ... [Read More]

Biden’s New Budget Plan Means Trump-Era Mega Spending Will Continue

The reality of federal spending under Donald Trump did much to put to rest the obviously wrong and long-disproved notion that Republicans are the political party of “fiscal responsibility.” With George W. Bush and Ronald Reagan, it was pretty much ... [Read More]

7 Observations on the Humane Nature of Capitalism

“You are hitting the nail with too many hammers.” I can still remember Bob Clower, my dissertation chairman at the time, saying that to me after reading my most recent work. It was directed at the fact that I had shown problems with a particular ... [Read More]

SPY Is Nearing Resistance @ $410…

My shorter-term analysis for the markets continues to stay Bullish and suggests the US reflation trade, the strengthening of the US and the global economy, and recovery from the COVID-19 restrictions will likely prompt a moderately strong upside ... [Read More]

Positive First-Quarter Data Point to a Global, Sustained Economic Boom

  Millions of Americans, it seems, felt that the time was right to trade in their clunkers for a new set of wheels. Sales of cars and light trucks surged an incredible 58% in March compared to last year, according to Bureau of Labor ... [Read More]

Is Price Gouging a Problem?

By: Lakshya Bharadwaj Is price-gouging wrong? For many, this practice does not exactly seem to be ethical. So, there is a moral angle here which suggests that raising prices of goods such as toilet paper and bottled water when a hurricane cuts off ... [Read More]

The 200th Anniversary of a Great American Demolition of Tyranny

This year is the 200th anniversary of the publication of one of the best American books on trade policy by one of the most thoughtful and least appreciated political analysts of the Founding Fathers era. I ran into John Taylor of Caroline when I was ... [Read More]

Marx, Abstract Labor, and Absurdity

Many readers will be familiar with Robert Paul Wolff’s In Defense of Anarchism, a brilliant criticism of the state’s authority that arrives at conclusions similar to those of Lysander Spooner. Wolff is probably best known for his work on Kant, but he ... [Read More]

Is a Cultural Revolution Brewing in America?

The lesson of China's Cultural Revolution in my view is that once the lid blows off, everything that was linear (predictable) goes non-linear (unpredictable). There is a whiff of unease in the air as beneath the cheery veneer of free money for ... [Read More]

From Christianity to Black Power, Rothbard Offers a Unique View

By: Lipton MatthewsJudged by the sheer quality and volume of his intellectual output, Murray Rothbard was a genius. Though we reflect on the ingenuity of his peculiar intellect - we must never forget that Rothbard was the master of defying ... [Read More]

What Clarence Thomas Gets Wrong about Big Tech

By: Jeff Deist Supreme Court Justice Clarence Thomas's recent concurring opinion in the Biden vs. Knight decision sent hopeful tremors across conservative legal circles and drew condemnation from libertarians. Was Thomas finally laying the groundwork ... [Read More]

The Equality Act’s Attack on Religion Is Really about Private Property Rights

With the introduction of the Equality Act, the Democratic Party and its allies continue the now well-established tradition of using “antidiscrimination” and “public accommodation” laws to continue the attack on the private sector and private sector ... [Read More]

Extending AnCap Analysis for Vaccine Passports, Court Rulings, and Desegregation

Using a recent Dave Smith interview of Michael Malice as a springboard, Bob elaborates his understanding of anarcho-capitalist principles to the thorny issues of vaccine passports, court rulings, and desegregation of the Old South. Mentioned in the ... [Read More]

Trust, Corruption, and the Cultural Foundations of Capitalism

Economists promote free market capitalism as the most advantageous system for human development. Notwithstanding the popularity of their rhetoric, capitalism remains a derisive term in the developing world. Transplanting promarket institutions to ... [Read More]

Weekly Initial Jobless Claims Rise to 744,000!

A Pfennig For Your Thoughts April 8, 2021 * Currencies are back on the rally tracks this morning...  * Gold & Silver recover nicely and head north!  Good Day… And a Tub Thumpin’ Thursday to you! My beloved Cardinals got out ... [Read More]

The Annapolis Convention: The Beginning of the Counterrevolution

[Chapter 12 of Rothbard's newly edited and released Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] By 1787, the nationalist forces were in a far stronger position than during the Revolutionary War to make their dreams of central power ... [Read More]

Hungarian central bank boosts its gold reserves by 3000% in less than 3 years

With its latest purchase, Hungary's central bank has tripled its gold reserves to 94.5 tonnes, and since 2018 its gold reserves are up 3000%. Continue reading... The central bank of Hungary, the Magyar Nemzeti Bank (MNB), has just announced a ... [Read More]

VAWA Balkanizes Rights, Cynically Erasing Male Indians

The Violence Against Women Act (VAWA) embodies a political trend that cripples human rights in the guise of crusading for them. This trend is the balkanization, or fragmentation, of rights. Recently passed by the House, VAWA has moved to the Senate, ... [Read More]

Clarifying the Economic Framework for Both Camps in the Bitcoin Debate

Bob helps to clarify the Bitcoin debate. On the one hand, the “no intrinsic value” skeptics are ignoring how Austrians deal with gold, while on the other hand, the “HODL forever” enthusiasts would never allow Bitcoin to become a money. Mentioned in ... [Read More]

What Could Go Awry?

All of which sounds very pretty indeed, but it does raise a question: can risk really be destroyed, or can it only be transferred? And if it can only be transferred, then what's it been transferred to? What a remarkable moment in time: every asset ... [Read More]

Rewinding the Mainspring of Human Progress

By: Gary GallesHenry Grady Weaver worked through many jobs on the way to becoming director of customer research for General Motors, which landed him on the November 14, 1938 Time cover. But virtually no one remembers that. Now he is best known for ... [Read More]