IMF

President Obama infamously told Africans they should focus on their “bountiful” wind, solar and biofuel.

Gold buying rose spectacularly in 2018 led by the world’s central banks, which increased their physical purchases by 651.5 tonnes.

This is the time to give thanks, and I hope that your family has much to be thankful for this year.  Thanksgiving offers a time to reflect on the prosperity we enjoy. 

Will Greece avoid financial disaster one more time by somehow pulling one more rabbit out of a hat? It seems unlikely, but we shall know fairly soon

EDITOR’S NOTE: Emily Zanotti also contributed to this blog post. On June 30th, Greece became the first nation in the European Union to default on payments to the International Monetary…

President Obama’s policies of thwarting fossil fuel production are diminishing our influence on world affairs by denying the United States’ unparalleled ability to supply fossil fuels to friendly nations. Developing nations need inexpensive coal to supply cheap electricity for their deprived masses.

There is a strain of thought in the American pro-liberty movement that argues for what is essentially a return to a policy of isolationism. That is the attitude typified by former Representative Ron Paul and his adherents, who have spent years calling for the withdrawal of the United States from many of its foreign treaty and institutional obligations, including the United Nations. There is a certain attractiveness to this position, especially in light of the recent exhausting and expensive wars in Iraq and Afghanistan. The claim that the War on Terror and other interventions in various countries’ affairs have created more enemies than they vanquished holds no small amount of truth.

One of the world’s oldest and most important political conferences celebrated its 60th anniversary this month. The Bilderberg Group met in Copenhagen, Denmark from May 29th to June 1st to discuss matters of global import. Named after the Hotel Bilderberg where the first conference was held in 1954, Bilderberg has held meetings every year since then between many of the world’s top political, economic, and business leaders.

“Gold is money. Everything else is credit.” — John Pierpont Morgan

The world’s largest economies seem engaged in something like the children’s game of “musical chairs.”