Financial Sense Blog

A Dreamer at the Helm

We all have hopes and dreams. And then there is reality, which demands our attention and our respect. America has been living in a dream world for almost twenty years, somehow managing to evade reality – social, economic and international. The process of economic unraveling is our pecuniary punishment for evading reality. Destructive war has been, and will be again, our national punishment.

Stone Age Genocide

There once lived a race of men classified by modern scientists as Homo sapiens neanderthalensis – otherwise known as Neanderthals. The bones of this prehistoric race have been found in Europe and Asia. It is believed they died out between 30,000 and 24,000 years ago. They used stone tools, probably knew how to make fire, and they were far stronger than modern humans.

The Post-American Apocalypse

In Fareed Zakaria’s book, The Post American World, we find some apt criticisms of American behavior (and Western behavior in general). “In past crises,” he wrote, “the West played the part of the stern schoolteacher rebuking a wayward classroom.

Master Class! It’s about Time

Last month the Danielcode was recognised as one of the most original market works of a generation by being named as an official Partner/Educator by Genesis Financial Technologies, whose charting program and data I use exclusively.

Recipe: Bear Market Bottom

Preparation Time: a Few Months Number of Servings: 1 every 4 years on average Calories Per Serving: 6% to 59.8% return Time to cook: 8 to 106 days

Nuclear Disarmament and Russia's Heart of Darkness

In Steve LeVine's book, Putin's Labyrinth, we read about the atrocities of Russian troops in Chechnya and the torturing of innocent people. We read how Russian soldiers kill for sport. In one example, Russian troops seized a large group of civilians hiding in a bomb shelter. The soldiers handcuff them and stacked them face down, five deep on top of one another and transported them to the main headquarters of the North Caucasus Military District. Some victims suffocated to death, others were shot.

The Truth About Tax Havens

Suddenly in March, the news was full of denunciations of “tax havens.”

A Lesson in Fairness

With the prospect of a democratic super majority on the horizon public discourse has been once again awash in debate over competing schools of thought regarding the current course and proper role of our government. Some fear the growing and unlimited power of the government in the public sphere as a threat to liberty while...

What are the Credit Markets Telling Us?

Over the course of the past two months we have witnessed some stabilization in the financial markets as stocks have staged a strong rally and credit spreads have come down. While we have seen stabilization in the financial markets since the March lows the stabilization process actually began after the October 2008 panic lows.

The Investment Climate in 2059

While visiting the court of Attila the Hun in A.D. 448, a Roman diplomat named Priscus was greeted by a barbarian who suddenly began speaking Greek without an accent. Priscus couldn't believe his ears. The man was dressed as a Hun, lived as a Hun and fought alongside the Huns. How could this possibly be?

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