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Long time gold skeptic Warren Buffett must be smiling right now as over the first six months of 2012, the precious metals market has taken a beating. However, many gold supports are looking at recent gains in the past few days as a sign that the rare material is prime for a comeback.
Around the world, countries have been unable to repay massive debts in wake of the global recession. In the US specifically, California is drowning in deficits created by huge welfare programs and lavish government spending. Stockton California has become infamous as the first US city to actually declare bankruptcy. Business Insider reports on California’s current
As financial dispair and desperation hit Europe, riots have been continuously breaking out in protest to the dire living conditions. As the situation continues to worsen in the US however, many politicians are calling for measures to move the country towards an authoritative police state in order to ensure ‘national security’. RT News reports on the government’s recent purchase
The financial crisis across the Eurozone has had ripple effects around the globe. Many of the eastern manufacturing powerhouses like China and others are all experiencing lulls in consumer demand and declines in production output. Despite expectations for a quicker recovery, the Japanese economy has been unable to bounce back from last year’s tsunami and
The extent to which the Chinese government will go to censor information from their citizens knows no bounds. Despite China’s growing move to westernize their economy and society, they still continue to frequently limit speech and strive to cover up the rampant corruption within the government. The Financial Times reports on China’s ban on news
The massive reach of the internet and today’s global technologies have created many entrepreneurial opportunities for people who have never had access before. The indiscriminate nature of technology has also allowed women to break through many long emplaced glass ceilings. CNN reports on Africa’s growing tech boom and the incredible women that are taking full advantage
The sovereign debt crisis occurring in Europe is one of the most severe depressions in decades. The peripheral EU nations of Greece, Italy, Spain and Portugal are all experiencing high unemployment and are struggling to keep in place their mandated austerity measures. One nation however is hurting more than others. Reuters reports on Spain’s grave unemployment
In the movie Minority Report, audiences witnessed a future where citizens iris’s were scanned at every turn in order to both track and market to individuals. This fiction however is soon to be reality as government agencies have begun increasing their use of biometric data. The Electronic Freedom Foundation reports on the current vulnerabilities of
One of the most important core values that Sovereign Man promotes is self-reliance. However, in the US and other countries, governments are making it increasingly difficult to live sustainably because of the threat it poses to the profits of private corporations and crony politicians. CNS News reports on the developing story of an Oregon man being sent
Despite the size of their economy and the amount of direct state support, China was far from immune to the global depressions occurring in Europe and the US. In 2011 Chinese investments took a massive hit but in spite of the loss, they feel confident in their long-term positions. CNN reports on the
Government surveillance of civilian communications has been going on since they could intercept couriers delivering messages on foot. However, in today’s digital age it’s even easier for governments to obtain your conversation as service providers are becoming more compliant to these high power entities. The Washington Post reports Skype’s new policy to hand over any of
Anyone who’s traveled on an airplane post-9/11 knows the extent to which the TSA are willing to invade your privacy. Celebrities and average civilians alike have fallen victim to the TSA intrusive search procedures. In addition to their security at airports however, TSA are increasingly being stationed at trains and bus stations where
The global financial crisis has caused declines in growth across almost every continent. After decades of steady gains, Chinese officials are now anxiously seeking short-term solutions to a temporary financial lull. In a knee-jerk reaction, government officials in Changsha are calling for an enormous amount of government stimulus to be pumped in the
Ben Bernanke and the Federal Reserve have been a prime example of why big central banks are ineffective and can destroy a nations currency. The Federal Reserve has pumped trillions of dollars into the economy in order to ‘spur’ growth by bailing out corrupt bankers and so far their initiatives have been failures. Congress yesterday
Around the world, countries that were once expected to experience an explosion of growth are now hitting a plateau as global manufacturing demand declines. Both the BRIC’s and the Four Asian Tigers are all revising their growth forecasts as sovereign debt crises continue in Europe and soon in the US. CNN reports on the
When Bush first enacted the patriot act I was up in arms over the blatant constitutional violation that it posed, however, many people that I knew didn’t seem phased by it. They insisted that the government wouldn’t abuse this power and they didn’t feel their privacy was at risk because they’re not ‘terrorists’.
Many US politicians continue to spout off rhetoric that America can’t compete with China in exports because the Chinese are artifically devaluing their currency. This assertion however is quickly becoming an invalid one as the renminbi continues to appreciate in value. Business Insider reports on this surprising trend and what the IMF believes will occur as a
Around the world, economies have been consistently struggling to produce any type of real growth in recovery of the 2008 collapse. European nations like Greece and Italy have been hit especially hard and now the United Kingdom joins them in their efforts to rebuke their current austerity measures in favor of an ineffective stimulus and
The massive tsunami that rocked the Japanese people in March of 2010 is still fresh in many minds, especially the nuclear disaster that followed as a result. This scare has has hurt the global demand for nuclear power as well as uranium and other peripheral industries. This lack of nuclear power in Japan however has
When people think of American spies and classified documents, they flashback to the Cold War and the information warfare between the US and the USSR. The government had many secrets back then however, the current administration is now spending more tax dollars than every to secure classified information as well as increasing the amount of
When the Patriot Act was first enacted under the Bush administration, there was serious outrage over the lengths to which citizens constitutional rights were violated. This same violation of privacy and desecration of the fourth amendment continues under the Obama administration to a vast extent. The Electronic Freedom Foundation reports on a recent confession by intelligence officials
Anyone who’s turned on the news in 2012 is pretty well aware that there is a severe sovereign debt crisis occurring in Europe on an unprecedented level. Greece barely avoided a complete catastrophe but more nations in the Eurozone periphery continue to be unable to maintain a balanced budget. Business Insider reports on Spain’s
Nobel Prize winning economists like Paul Krugman and fellow Keynesian devotees like Ben Bernanke profess that the only way out this current financial crisis is to SPEND MORE. However, looking at the massive increases in government spending since the 2007 collapse shows these economic initiatives are woefully ineffective. CNS News reports how over the past 5 years,
When governments spend more money than they can afford and plan a budget based on unsustainable growth, collapse is inevitable. This is what we are currently witnessing in Argentina where officials can no longer pay all of the government employees’ salaries. Yahoo! News reports on the current debacle in a small Argentinian town where only the lucky will
Many politicians and citizens alike believe that massive social welfare programs combined with vast government subsidies provide a catalyst for both growth and upward social mobility. Unfortunately these policies actually have the exact opposite affect that their proponents advertise. Surprisingly, even people in the Tax Policy Center are fully aware of this yet
Two of the most important amendments of the constitution are the freedom of speech and the freedom of the press. However, as the US government becomes ever more tyrannical, the constitution can do little to protect these long standing rights. In the same vein that Congress is currently seeking the imprisonment of Julian
One of the most difficult tasks as an investor can be to buy and hold stocks for the long-term in spite of short-term losses. However, this tendency could possibly be the result of neurology and the brain’s complex decision making process. The Wall Street Journal reports on a recent study that shows how a healthy
Many Americans forget the lengths to which their forefathers revolted against oppression. When you actually compare the founders complaints against King George and the current laws citizens are forced to live under, they would be astonished that over almost 250 years, Americans have become so content watching big government revoke their rights. CBS News
Anyone following current events are well aware of the ongoing European financial crisis and the gross insolvency of many European nations. In response to the crisis, Eurozone banks have been reducing their exposure to European investments as well as US ones. CNN reports on Eurozone banks’ change in investment strategy since the collapse in 2007
Due to the grave financial uncertainty, wealth has quickly evaporated out of the insolvent US and European economies in search of more fertile markets. Some of the most promising opportunities lie in Mongolia because of their massive caches of natural resources, however, many Mongolian nationalists are fearful of losing their sovereignty to these foreign investors. Reuters reports
North Korea has a long standing history of severe isolationism and militarism. After the death of long time leader Kim Jong-il however, opportunities for western influence are greater than ever now that young leader Kim Jong-un is in power. Rueters reports on the upcoming economic reforms that North Korea’s new leader and his powerful uncle
The Obama presidency has been know for their extensive use of drones in their assassinations of terrorist suspects but more attention needs to be placed on their use domestically. With the FAA recently approving drone applications for 106 government entities, there has been growing concern about people’s constitutional right to privacy. CBS News reports on new
Ben Franklin was once famously quoted saying, “in this world nothing can be said to be certain, except death and taxes.” However in today’s world of budget deficits and insurmountable debt, governments want to levy heavier taxes their constituents, even after death. Americans for Tax Reform reports on the upcoming change in the
Much of the African diamond trade has been marred by the atrocities carried out to collect ‘Blood Diamonds’ in countries like Sierra Leone. Industry agreements however have decreased the amount of conflict diamonds and increased countries’ revenues from their mineral wealth. CNN reports on how Botswana’s partnership with De Beers has spurred their emerging economy and
China has profited for decades off of exporting their goods to strong consumer economies in Europe and the United States. Due to the current financial crisis however, China is fervently searching for new markets to export their goods. In addition to their new plans to increase trade with South American countries, China has
