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Peter Souleles

Peter Souleles Articles

WHAT PROPS UP THE DOLLAR They say that what doesn't kill you makes you strong. Well it now appears that what makes you strong can also kill you. If you are wondering how that can be, then stop and think about what is REALLY propping up the...
"We have met the enemy and he is us." - Walt Kelly
Chairman Bernanke's testimony to Congress last Wednesday marks a major turning point as well as a flash signal for what lies ahead to anyone that is willing to listen.
"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value."  Alan Greenspan                         In view of the above statement by Alan Greenspan, I...
Stick with me on this one. Last night I was reading a 2,300 year old economics book. Its title is Oeconomicus and it is a Socratic dialogue principally about household management and agriculture written by the Greek philosopher Xenophon....
Starting a journey into the future with dollars is no better than setting off into the desert with a camel that has no hump The government has a newly approved debt ceiling of $14.3 trillion which is both a grand illusion and a daunting...

One ounce of gold is so ductile it can be drawn into a wire 50 miles long

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