Václav Klaus speaks out about global warming in opposition to Al Gore.  The real solution to environmental issues is sound money not more government.

John Newren, CPA discusses how the inflation tax from government liars, cheats, steals, unilaterally modifies contracts with their TIPS (Treasury Inflation Protected Securities).

The US equity markets continue to crash when priced in either gold or silver. Silver backwardation continues. The great credit contraction continues.

A discussion of the ‘Mother of All Crisis’ in the words of Paul Volcker.  Warren Buffett says he ‘financial weapons of mass destruction’ pose megacatastrophic risk.  The derivatives are causing untold financial misery vaporizing firms.

An interview with Anthem Blanchard, son of the legendary James Blanchard, where we discuss the ‘secret decoder ring’.

Interview with Contrary Investor’s Cafe on 29 January 2009.  Topics discussed include (1) IMN and Cambridge House Conferences, (2) general economic landscape, (3) Obama’s effect, and (4) suggestions for capital allocation.

The sad tale from a DLA Piper partner at IMN’s Sixth Annual Winter Forum On Real Estate Opportunity; Private Fund Investing.  His client bought some paper from Lehman Brothers with the expectation they would sell it back two weeks later.  Instead Lehman collapsed and they are stuck with a bunch of garbage.  The client ends up owning a bunch of cash consuming white elephants.

In episode 14 Adam Curry asked several questions.  I addressed those in Answers to Adam Curry.  This episode is a summary of those answers which appeared on the Daily Source Code 29 April 2008.  Discussion of the monetary provisions of the Constitution including the powers and disabilities.  These provisions for sound money stand as bulwarks against despotic inroads by government.  The Federal Reserve System is in complete opposition to...

My first appearance on Adam Curry’s Daily Source Code on 8 April 2008.  Discussion on the four main types of risk which include (1) payment risk, (2) counter-party risk, (3) exchange-rate risk and (4) performance risk.  Derivatives play a huge role in the evaporation of t...

The U.S. Treasury Bill Bubble is the biggest bubble of them all.  The Treasury Bill bubble will burst.  As capital seeks safety and liquidity it will move into Treasury Bills resulting in 0% or even negative yields.  Then capital will move from Treasury Bills into physical Federal Reserve Notes because they have the same upside but are more liquid and safer.