The Quote of the Year Goes to Charles Munger When Speaking about Gold

“gold is a great thing to sew onto your garments if you’re a Jewish family in Vienna in 1939 but civilized people don’t buy gold – they invest in productive businesses.”

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Opening Statement from the July 2012 Intelligent Investor

The U.S. economy added just 80,000 jobs in June, bringing the average over the last four months to 92,000. This compares to a monthly rate of 252,000 for the three months from November to February....

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The Final Greek Tragedy: Theft of a Nation by Bankers

In order to understand the progression of the economic and political chaos in Greece, one must review several key events from recent years, all while reading between the lines from official statements...

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Global Economic Analysis Summary June 2012 (Part 2)

The debt burden of nations remains the top focus of investors. If we examine data from the previous two decades, the rate of debt growth in the U.K. is particularly striking, followed by that in Japan...

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Global Economic Analysis Summary June 2012 (Part 3)

In early 2010 we summarized our prognosis for advanced nations, with a focus on the European Union… “Combined with the very sluggish economy, the austerity measures that must be taken in the EU (an...

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Global Economic Analysis Summary June 2012 (Part 1)

For nearly three years we have been discussing important global macroeconomic trends in order to assess the progress and risks of what has been labeled a global economic “recovery.” The illusion ac...

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Global Economic Overview, May 2012

Originally Published on May 11, 2012 (May 2012 Dividend Gems)   As we enter a new cycle of global macroeconomic risk, the U.S. stock market continues to resist being pulled into the euro zone v...

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Economic Focus: Canada

In this report, we analyze Canada's economic health, its long-term fiscal challenges and examine whether the nation is experiencing a real estate bubble. In this part of the discussion, we dissect the...

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Opening Statement from the January 2012 Intelligent Investor Newsletter

After nearly four years of harsh economic consequences, we have seen little if any progress by the criminal puppets in Washington. Despite the continuous lies from a variety of partisan sources, th...

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April 2012 Big Picture Report (Part 1)

In past issues of this publication we have discussed numerous variables we look at when forecasting the market. Our work in market forecasting is but one component of the design and implementation of...

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December 2011 Economic Overview

Morgan Stanley recently downgraded its forecast for 2012 global growth to 3.5% from 3.8%. Remember in August, Morgan Stanley cut its global forecast for GDP growth down to 3.9% (from 4.2%) and 3.8% (f...

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The Real Reason Why Unemployment Will Remain High

It took quite a long time for Washington to finally concede something that was apparent; the nation’s excessively high unemployment rate would remain elevated for several years. But their admiss...

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The State of Poverty in the US

According to the U.S. Census, in the first quarter of 2010, nearly half of the population (48.5%) lived in a household that had at least one member who received some kind of government benefit. This r...

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October 2011 Global Economic Summary

The incompetence of Washington was most recently demonstrated by the debt ceiling drama. Now the dog-and-pony show staged by the ECB, EU and IMF has added to waning consumer and investor sentiment acr...

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The Reality of the Debt Ceiling Drama

Over the past several weeks, the media has had a field day covering the debt ceiling talks between both political parties. It’s been dominates news headlines for more than a month. Prior to the...

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