Posts Tagged ‘2011’

An old microphone

I noticed that as of late 2011, archive.org has been storing audio files as part of its historical archives of websites.

If a show you like has gone off the air, you can probably get the audio of the shows since late 2011 by entering the audio page URL into your browser at archive.org and download it from there.

This is particularly useful for me in listening to old Dr. Stan Monteith shows that aren’t archived at GCNLive.com, because they are the two evening hours.

Oracle Broadcasting’s old archives can also be found there, since some of the older 2012 show archives have already disappeared from Oracle’s main site.

Read Full Post »

United States dollar

On December 14, 2010, Porter Stansberry of Stansberry Research Associates released a video called “The End of America.”

In it, he made the claim (at 6:18):

Let me back up and show you in the simplest terms possible what is going on, why I am so concerned… and what I believe will happen in the next 12 months.

He then went on to talk about the end of the U.S. dollar as the world’s reserve currency (13:40).

“The U.S. dollar has been the world’s reserve currency for decades now. So most Americans don’t have a clue about what the repercussions are of losing this status.

Commenting on the likelihood of Stansberry’s prediction much earlier than October 2011 wouldn’t have been that useful, as we learned in 2008, when the U.S. stock market was relatively high prior to September, before things began to massively collapse.

And, obviously a prediction much later than now wouldn’t be of much value either. Therefore, on October 23, 2011, I predict that Stansberry’s prediction is likely not to come true.

Eventually, the U.S. dollar will lose its status as the world reserve currency, since nothing lasts forever, and especially not a currency whose status is imposed through artificial forces, and not market forces.

Read Full Post »

Canadian Flag

On October 4, 2011, Forbes announced that Canada is the best place for business in 2011, ahead of the United States in 10th place.

This is a continuation of a trend that began in 1993 when Canada started on a path to get its fiscal house in order, and accelerated in 2001 with the reckless policies of the Bush administration, which have since been aggravated by the Obama administration.

For my other articles on Canada’s economic ascendancy compared to its once great neighbour, see:

1. Once founded as a limited government whose powers are few and defined, the United States federal government is more centralized and expansive than Canada’s

2. Canada has one of the lowest average tariff rates in the world, with the 9th lowest out of 183 countries

3. The conservative Heritage Foundation labels Canada’s economy free and the United States as only mostly free

4. Still think Canada is more socialist than the United States? The joke’s on you

5. Canada more tax friendly for business than the United States: KPMG

6. Canada has more economic freedom than the United States: The Heritage Foundation

Read Full Post »

Mojave Nugget, a gold nugget weighing 156 ounc...

On January 21, 1980, the Dow closed at 872.78 and gold closed at $850 USD an ounce on the London Fix.

From the Bureau of Labor Statistic’s Inflation Calculator, $850 in 1980 has the same buying power as $2249.36 in 2010.

If gold had kept up with inflation since its 1980 high, it would be worth over $2249 instead of its January 14, 2011 close of $1367.00 on the London Fix.

The Dow closed at 11,787.38 on January 14, a 1351% increase versus gold’s 56.6% increase over the same period.

So much for the oft-repeated, often absolute statement that: “gold is a great hedge against inflation.”

Read Full Post »