Another Perspective

Why and how the global monetary system is failing, why it is too late to stop, what will come next, and why the crisis is only financial – not commercial.
The State of Play: Statists at Play

Kirchner’s declaration that the action is a “recovery of sovereignty and control” should further remind observers and investors that those in power ultimately rely on maintaining and obtaining access to natural resources.
On shadow banking

It is important to distinguish between leveraged and unleveraged non-bank lenders, both investors and both implicitly «shadow banks».
BB Gun: A Critical Analysis of Ben Bernanke’s Lecture Last Week

A critical response by Chairman Bernanke would be welcomed…
Golden Boy

We think it is imprudent to advise legitimate savers to invest in levered financial assets.
An Adult Approach – II (Defining Relative Real Value)

In this piece we seek to provide a truer sense of money, inflation and real value today, all of which seem grossly misunderstood in the marketplace.
An Adult Approach – I (Investing in a Vulgar Age)

We argue that indebted governments have ceded power to banking systems without conscience or public accountability.
Gold in Perspective

Any sell-off in gold futures or other derivative claims serve the physical gold buyer’s interest and the interest of investors in shares of gold miners looking to accumulate in-ground physical gold.
[AUDIO] The Seeds of Our Destruction Were – And Still Are – Sown in the Bond Markets
![[AUDIO] The Seeds of Our Destruction Were – And Still Are – Sown in the Bond Markets [AUDIO] The Seeds of Our Destruction Were – And Still Are – Sown in the Bond Markets](https://trumanfactor.com/wp-content/themes/patterns/timthumb.php?src=https%3A%2F%2Ftrumanfactor.com%2Fwp-content%2Fuploads%2F2011%2F10%2Fpaul-brodsky.png&q=90&w=650&h=300&zc=1)
Paul Brodsky thinks our credit system is so far out of control that it will cause a massive – and largely unavoidable at this point – devaluation of the US dollar (and most other fiat currencies, as well).
A Fund Manager´s Take On The Protesters on Wall Street

The kids downtown are credible and the “vocal fringe” is actually representing a disenfranchised majority that is quickly growing disenchanted with “reasonable centrism.”