Jim’s Quote of the Day:

“Whether we like it or not, we are in an era of colliding crises that will culminate in a transition to a new social and economic system. Humanity always has burdens and troubles—that is the nature of a changeable world interacting with human nature—but there are decades in which little happens and years in which decades happen. We are in just such an era, and we will all be swept along by events that no longer respond to the Status Quo’s financial magic.” – Charles Hugh Smith, in his blog Of Two Minds




Jim’s Quote of the Day:

“But of the times and the seasons, brethren, ye have no need that I write unto you. For yourselves know perfectly that the day of the Lord so cometh as a thief in the night. For when they shall say, Peace and safety; then sudden destruction cometh upon them, as travail upon a woman with child; and they shall not escape. But ye, brethren, are not in darkness, that that day should overtake you as a thief. Ye are all the children of light, and the children of the day: we are not of the night, nor of darkness. Therefore …







Jim’s Quote of the Day:

“In addition, inflation should creep higher. Do not be mellowed by the affirmation of a 2% target rate of inflation here in the U.S. or as targeted in six of the G-7 nations. Not suddenly, but over time, gradually higher rates of inflation should be the result of QE policies and zero bound yields that were initiated in late 2008 and which will likely continue for years to come.” – Bill Gross, PIMCO Investment Outlook, May, 2012




Jim’s Quote of the Day:

"What is the meaning of a gold standard and a redeemable currency?  It represents integrity.  It insures the people’s control over the government’s use of the public purse.  It is the best guarantee against the socialization of a nation.  It enables a people to keep the government and banks in check.  It prevents currency expansion from getting ever farther out of bounds until it becomes worthless.  It tends to force standards of honesty on government and bank officials.  It is the symbol of a free society and an honorable government.  It is a necessary prerequisite to economic health.  It is …










Jim’s Quote of the Day:

“Again, thank you for inviting me. You have prepared food, so I will not be rude, I will stay and eat. Let’s have one good meal here. Let’s make it a feast. Then I ask you, I plead with you, I beg you all, walk out of here with me, never to come back. It’s the moral and ethical thing to do. Nothing good goes on in this place. Let’s lock the doors and leave the building to the spiders, moths and four-legged rats.” – Conclusion of Robert Wenzel’s April, 2012 speech delivered at the New York Federal Reserve Bank







Jim’s Quote of the Day:

"The time is now near at hand which must probably determine, whether Americans are to be, Freemen, or Slaves; whether they are to have any property they can call their own; whether their Houses, and Farms, are to be pillaged and destroyed, and they consigned to a State of Wretchedness from which no human efforts will probably deliver them. The fate of unborn Millions will now depend, under God, on the Courage and Conduct of this army-Our cruel and unrelenting Enemy leaves us no choice but a brave resistance, or the most abject submission; that is all we can expect. …