Dana H.

Stephen Leeb's 'Game Over': Good Advice for Tough Times

Anyone who claims wind power is a solution to our energy needs is ignorant, deluded, or dishonest -- and it has nothing to do with any alleged shortage of iron. See here for a good article on the green energy fantasy (or talk to an engineer who knows something about the reliability requirements of an electrical grid power source, rather than a Caltech scientist who apparently does not): www.capmag.com/article...

The solution to our energy problems is to remove government restrictions on oil exploration and drilling, on oil shale exploitation, and on nuclear power plant construction -- and to drop the idea of carbon emission restrictions once and for all. If this doesn't happen, be prepared for your standard of living to collapse.

Gold Is Going to Gain

"People who react to the slightest change in market direction are speculators, not investors."

No, they are traders. Speculators are simply people who make high-risk investments, with the expectation of high reward, but they may have a long time horizon.

Back to the original article: Nice critique of Keynesianism and its continued appeal to politicians in spite of overwhelming evidence that it's wrong and destructive. I'm not selling my gold any time soon.