leadimage
    The Specter of Inflation: Forecasts 2009, Part III By James Kunstler | January 5, 2009

    This is the “other shoe” that a lot of people are waiting to drop. Right now we are caught up in a compressive debt deflation as mortgages stop “performing” and loans of all kinds are welshed on. Since money is loaned into existence, and a great many loans are not being repaid, then a lot …read more

A Letter from our Executive Editor

Dear Reader,

Every weekday our contributors — Ed Bugos, Jim Amrhein, Byron King, Adrian Ash, Chris Mayer, Dan Amoss and some of the most sought after analysts and experts— reveal the latest investment trends in housing, oil, gold, natural resources and show you how to prepare for the looming commodities crunch.

Never before has one e-letter packed such a strong geopolitical punch. Whiskey & Gunpowder is freewheeling source you need on your side!

If you’re concerned about the U.S. government’s unchecked power…the future of oil and gas prices…the next hotbed of commodities investing…and believe that those who don’t learn from history are doomed to repeat it, you’ll want to read every Whiskey & Gunpowder issue.

In fact, we feel this information is so important, we’re offering it for NO CHARGE. That’s right — you can get news and advice on issues that affect you – like funny behavior at the big investment banks, a tanking dollar and continuing mortgage issues, sent directly to your e-mail account FREE. Five days a week! Sign up for Whiskey & Gunpowder today…


Sincerely,
Gary Gibson,
Executive Editor, Whiskey & Gunpowder



  

Less oil, less credit: Forecasts 2009, Part II

We'll turn around early in 2009 and discover that we are a much poorer nation than we thought because from now on credit will be extremely hard to get for anyone for anything. The businesses that survive will have to keep going on the basis of accounts receivable. This is ...read more

Disobeying Civilly

All voting is a sort of gaming, like checkers or backgammon, with a slight moral tinge to it, a playing with right and wrong, with moral questions; and betting naturally accompanies it. The character of the voters is not staked. I cast my vote, perchance, as I think right; but ...read more

Whither the Oil Markets

“Global Demand for Oil to Plummet,” screams a recent Financial Times headline.   Huh?  No it won’t.  Who are they trying to kid? Global oil demand is not going to “plummet.”  And for the FT to say so is just plain silly, if not irresponsible.  OK, I know.  There’s an old saying ...read more

Battle of the Flations

One of the most hotly debated topics among financial talking heads these days is, “Deflation or inflation, what is it going to be?”  There is no question that we are currently experiencing asset price deflation and economic slowing. But we, the editors of The Casey Report, see this as a transitional ...read more

Forecasts 2009

There are two realities "out there" now competing for verification among those who think about national affairs and make things happen. The dominant one (let's call it the Status Quo) is that our problems of finance and economy will self-correct and allow the project of a "consumer" economy to resume ...read more

Ideal Governance Is The Lack Thereof

I heartily accept the motto,—"That government is best which governs least"; and I should like to see it acted up to more rapidly and systematically. Carried out, it finally amounts to this, which also I believe—"That government is best which governs not at all"; and when men are prepared for ...read more

Government, Banks, Currency: Legitimacy Dwindles

Zounds! Public sentiment toward the accelerating economic fiasco has shifted, seemingly overnight, from a mood of nauseated amazement to one of panicked grievance as the United States moves closer to an apparent comprehensive collapse -- and so ill-timed, wouldn't you know it, to coincide with the annual rigors of Santa ...read more

U.S. Dollar Retreating Against Commodities

Like a giant laxative in the world's monetary system, the Federal Reserve's quantitative easing is starting to have an effect. You wouldn't necessarily call it the desired effect. After all, we're talking about the eventual destruction of the U.S. dollar and the global monetary system upon which it's based. But ...read more