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The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Kevin: David, as promised, we talked about looking at Keynes again, even though it is an ugly picture. We have as our guest today Hunter Lewis. David: Kevin, I think the importance is this: We see experiments over, and over, and over again, with bailouts, […]
A Look At This Week’s Show: Keynes fooled an entire nation into believing that we could spend our way to recovery. Today’s news proves that this is as wrong as it initially sounded. Keynes said, “Drive down interest rates” which in the final analysis leads to a whirlwind of inflation, bubbles and busts. The biggest […]
The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Kevin: David, we’ve been talking a lot about Europe on our show, and the repeating theme is: Are we going to default? Or is austerity going to work? Where is the next bailout going to come from? Look at China. China seems to step in […]
A Look At This Week’s Show: Germany is anticipating the worst with plans for an aid package for its banks (assuming an imminent default in Greece). Rumor has it that a new Greek currency has already been printed awaiting “the news.” How long/high will gold continue in this bull market? The duration of the gold […]
The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Kevin: David, again, you are coming from a CNBC interview, and the question, as simple as it sounds, they continue to prod you, and say, “David, how high gold? How high gold?” You seem to shift things the other direction and look at currencies whenever […]
A Look At This Week’s Show: There is a shallow appreciation for how grave the threat is to the European Union as it exists now. Germany has and will hold the key to a continued EU project. Just as in 2008 in the United States, banks are leading on the downside in Europe (since the […]
The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Kevin: David, today, before we go to our guest, I think one of the problems that we have is that our system privatizes the upside. There is an awful lot of profit made by the big banks and the brokerage firms, but we seem to […]
A Look At This Week’s Show: Let’s get real, the US is bankrupt. Neither spending more nor taxing less will solve the problem. What it can and must do is radically simplify its tax, health-care, financial and retirement systems, each of which is a complete mess. The good news is that with a complete redesign […]
