Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power.

The Philadelphia Feds manufacturers report for September revealed that despite a sharp slowdown, its prices paid index surged 257 points.

The fiat-based system has produced enormous global imbalances that are straining the global economy. Ultimately, I think the whole thing gives way and what returns is what existed prior to the dollar standard, and that is a global gold standard, which is the only thing that really works.

Confidence by itself, unless it has a valid basis, can get us into trouble.

The real story of Detroit [...] can be summed up in seven words. Private enterprise built it, government destroyed it.

The strength in gold is revealing the general weakness in the dollar.

It is production that creates purchasing power, not the printing press!