Special Privilege (part 1)
Yesterday I received my copy of Vincent R. Locascio’s “Special Priviledge: How the Monetary Elite Benefit…At Your Expense“. It was published in 2001 by the Foundation for the Advancement of Monetary Education (FAME) and I hope they don’t mind my quoting vast tracts of it here.
This book predates Locascio’s “The Monetary Elite vs.…
Read MoreI have made the case on numerous occasions that the Global Financial Crisis was not a “failure of capitalism” or “free markets”. I’m reading a great little book called Shakedown Socialism by Russian emigre Oleg Atbashian which I think sums it up very nicely, I hope Mr. Atbashian does not mind that I plan to post some choice excerpts from his excellent book here.…
Read MoreEvery once in awhile an investment book comes along which forces me to reexamine my core assumptions and face the fact that one or more them are quite possibly…wrong. This has been one of those books.
While very large swaths of this book may not come as a surprise to some readers (the impending demise of the USD as reserve currency, the looming debt crisis, the bond bubble bursting and a multi-year commodities boom in the offing with gold leading the charge), it made me look at secular bear markets with a new perspective that is forcing me to seriously rethink my game plan.…
Read MoreIf you’ve been following Mike Swanson for any length of time, if you’re a member of his WallStreetWindow community or have read any of his ebooks on the subject of trading, then not a lot in this book will come as a surprise to you. Having said that and being all of the above myself I found the book to be a good, quick read and I still took some fresh insights away from it.…
Read MoreUpdate:
We heard back from John Maudlin: “looks like next year, Mark — sorry to keep you waiting”
Original:
After waiting nearly a year for John Maudlin’s anticipated “Eavesdropping on Millionaires: Secrets of the World’s Wealthiest Investors”, I received word today via Amazon that the release has been canceled:
… Read MoreHello from Amazon.ca.