The 2016 United States presidential election has probably been the most interesting election cycle since the 1980s when Ronald Reagan was making plenty of hilarious jokes. The 2016 presidential election is pitting one corrupt, lying, crony statist (Hillary Clinton) against a constant, hour-by-hour flip flopper (Donald Trump). You also have potentially a third-party candidate making […]
Archives for September 2016
New York Times slams Gary Johnson for ‘what is Aleppo?’, newspaper doesn’t know either
If you happened to come across MSNBC earlier this week then you may have caught former New Mexico Republican Governor and Libertarian Party nominee Gary Johnson being asked about Aleppo, the Syrian city that is at the center of the growing conflicts between Bashar al-Assad and anti-government forces. Ostensibly, Johnson had no idea what Aleppo […]
Jim Rickards: ‘There will be a war on gold’
You have likely heard about the war on cash currently unfolding. The banks, the governments, the academics and the central banks are all waging war on the cash in your pocket. But what about the war on gold? Many gold bugs have invested in the yellow metal as a way to shield themselves from inflation […]
ECB maintains the pain – leaves interest rates unchanged, QE will continue until March 2017
The European Central Bank (ECB) left interest rates unchanged and promised to continue its own version of quantitative easing (QE) until at least March 2017. On Thursday, the ECB left the main lending rate at 0%, the rate paid on deposits left overnight at negative 0.4% and the marginal lending facility at 0.25%. ECB President […]
Goldman Sachs bans Trump campaign donations, allows Clinton campaign contributions
A new emailed memo from Goldman Sachs has been leaked. The memo shows that high-ranking employees will not be permitted to contribute to the Donald Trump presidential campaign, but they will be allowed to donate to the Hillary Clinton campaign. It’s a very slick memo indeed! Here is what it states (emphasis ours): “[E]ffective Thursday, […]