Stock market strength has pulled-back 10% from its high-water mark this year, the Dow Average is off 4%, and gold has trimmed 5% from its top. Even so, stock market returns remain very much inflated. In the most recent twelve months the Average is still up 18%, Strength has gained 47%, and gold has added...Read More

I have blogged several times before about the money game going on in the world today. I have called it a currency crisis, a shell game, and a ponzi scheme. It is every bit of all three. The currency crisis, of course, began with fiscal irresponsibility by governments in the form of prolonged annual operating shortfalls –...Read More

Last week I started a blog called, Stocks Leap on False Impression, but had to leave on a business trip before I had a chance to post it. Sorry about that. Here’s the opening to that blog: The U.S. Department of Labor announced that the unemployment rate dropped to 7.8% from 8.2%. I have a hard...Read More