Fear is being used by the political class as an excuse to accumulate more power and self-importance - and collect a lot more taxes to support their agenda.

They've been changing the cry from "global warming" to "climate change" because there's so little evidence there's actually any warming going on. I believe that as little as a decade from now, global warming will be recognized as one of the greatest swindles in world history. It has so little scientific basis, it can only rationally be considered a political scam.

Today most funding for science comes through government. That means that you have to be known to be sympathetic to conclusions that are acceptable to the political classes.

There's no doubt in my mind that we'll have a mania in gold. And because the gold and especially silver markets are so tiny, the rush into them will be like trying to push the contents of Hoover Dam through a garden hose. Our positions will go absolutely ballistic.

Fear is being used by the political class as an excuse to accumulate more power and self-importance - and collect a lot more taxes to support their agenda.

Democracy is no solution - it's just 51% bossing the other 49% around. For God's sake, Hitler was democratically elected! Democracy is just mob rule dressed up in a coat and tie.

The time will come, and probably during 2009, that the only way the U.S. will be able to fund its deficits is to create money by printing it. The Treasury will have to sell bonds, and, in the absence of foreign buyers, the Fed will have to print the money to buy them. The consequence will be runaway inflation, increasing interest rates, recession, and inevitable tax increases on all Americans.