With income tax rates set to go up on January 1, 2011, Congress is hotly debating what to do next. Most economists though agree: Keep them where they are. One option, to let the tax cuts passed during the Bush administration expire for only the riche...
A debate is being played out today in the Fed about whether it should return to the so-called “quant easing” — buying more mortgage-backed securities, Treasury bills, and other bonds — in order to lower the cost of capital sti...
This blog is mainly addressed to the hundreds of Bonnie Light Crude Oil brokers and other intermediaries with no website, no corporate Email, no money, no education and not a single ounce of business protocol who approach us each year with fake offer...
One of the rules of the rich is that if you want to be rich and wealthy you need to either buy or create assets. Assets are things that generate you income without you needing to work for it. If you were to stop work then your assets would continue t...
According to Robert Chapman, renowned editor of the International Forecaster, the recent surge of the Dow from 9,686 only a month ago to a run up to 10,674 just recently; as insiders learned of the Fed’s plan to inject $5 trillion into the economy ov...
As mentioned time and time again to our clients worldwide, we at Blackhawk never supported bailouts but rather believe it would be much better to let bailed out companies fail, rather than wait for a number of them to happen all at once. The system c...
“We have had to struggle with the old enemies of peace – business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering.” I wish these words, spoken in 1936 by Franklin D. Roosevelt, were not as true...
Taking a walk down memory lane or for those who don’t know that Spain was the first global Superpower with gold and silver flowing in from its American colonies, the Hapsburg dynasty became the dominant power in Europe. It controlled rich parts of It...
Regardless of one’s opinion on Ben Bernanke, there is no denying the extraordinary impact he has had on the Federal Reserve since taking over as Chairman in 2006. A case can be made that the very nature and scope of the Fed has changed under Bernanke...
Why are oil companies like British Petroleum being allowed to drill so deeply in hazardous conditions under the Gulf? In other words, why has the government been so supportive of deepwater drilling in the Gulf? The answer is that there is a tremendou...
