Lately, there has been much talk coming from the Fed chairman intimating that he is poised to raise interest rates significantly to squelch the rising tide of inflation. I'm encouraged that he has now acknowledged that inflation is pushing consumer's balance sheets over the edge. I would welcome a Fed...

McDonalds Corp (MCD) held its annual meeting last Thursday, May 22nd, and stated it has no plans to tamper with its highly successful dollar menu, which accounts for 14% of the company's sales. However, The Golden Arches must wish that its dollar menu was on the McGold standard instead of...

With the release of this week's Consumer Price inflation numbers, the debate over the accuracy of the government's reported Consumer Price Index data was once again front and center. The official numbers showed that the overall rate of consumer inflation rose .2% while the over-hyped core rate rose just a...

Yesterday's earnings report from government sponsored Fannie Mae (FNM) should cause investors to question whether the very entity charged with saving the real estate market will actually need to be rescued itself. The company's first quarter net loss was $2.2 billion--or $2.57 per share--the company's third consecutive quarterly loss. Such...

Why we Americans ever abdicated our financial freedom to a group of 12 unelected individuals who sit on the Federal Open Market Committee, is beyond me. That being said, we are stuck with a system that allows an unaccountable and unconstitutional institution dictate the appropriate level of interest rates instead...

Hallelujah, of course, is a word of praise. To use that word to describe the fact that the USD has lost 40% of its value in the last 5 years, however, is economic blasphemy. Yet last week on television I had the pleasure of debating a well known strategist on...