Printing more money never works.

You either trade freely or you impose conditions in order to protect some special interest or promote some pet project. Then, it's not free anymore.

Aren't we in a period of major de-leveraging? Isn’t this the Great Correction? Isn't everything going down?

The trouble with today’s capitalism is that there is little honest capital left in it.

Mr. Market always has his tricks. What if he's preparing a run on the dollar, and a big blow-off in the gold market before the sell-off in other assets?

Investors were entitled to think that the economy "had turned a corner." Or, that the worst was behind them. Or, that they were "on the road to real recovery."

Local governments are going broke. So are national governments. The politicians will have to make choices.

If gold is going up, analysts reasoned, it must mean something. What? The obvious explanation is that inflation is coming.

Gold should go up with consumer prices. But, for nearly two decades -- from 1980 to 1999 -- gold went down while consumer and asset prices rose. Now, consumer prices are stable. Yet gold hits new records.

Recession or no recession, people are having a hard time finding jobs and making ends meet.