Nikolai Kondratieff (1892 – 1938)         John Budden... to arrange a Canada-centric economic/business strategy consultation via SKYPE please email:
                                                           buddencanada@gmail.com

Andrew Jackson et al                          WORLD'S 50 SAFEST BANKS 2009        The Decline: The Geography of a Recession

"There are no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." Ludwig von Mises.

                                                          Recent Articles 
February 6, 2010: Investment Outlook February 2010; The Ring of Fire by Bill Gross
February 4, 2010:The Boeckh Investment Letter... GLOBAL DISEQUILIBRIA: Don’t expect lasting stability By Tony and Rob Boeckh
February 4,, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
February 1, 2010: Compliments of The New York Times... Good and Boring by PAUL KRUGMAN
January 30, 2010: Compliments of Sprott Asset Management... Beware Counterfeiters by Kevin Bambrough & David Franklin
January 29, 2010: Compliments of Bloomberg... Secret Banking Cabal Emerges From AIG Shadows by David Reilly
January 27, 2009: Murray Pollitt of Pollitt & Co. Inc.'s great Monthly Market Letter
January 26, 2009 Expect Gold to gain more than 30% this year by John Embry
January 25, 2010: Compliments of the Huffington Post... How Paulson's People Colluded With Goldman to Destroy AIG And Get A Backdoor Bailout
by David Fiderer
January 25, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
January 25, 2009: Compliments of Bloomberg... Biggs Favors Tech, Drug Stocks on ‘Strong’ Recovery
January 22, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
January 19, 2010: Compliments of The Times... They came to Goldman Sachs’ oracle in search of wisdom and were told to buy lots of equities
by Patrick Hosking
January 18, 2010: Compliments of The Ottawa Citizen... Federal PS pensions a $58B debt time bomb, think tank says by KATHRYN MAY
January 15, 2010: Compliments of The Financial Post... Gold Bull, Dollar Bear by Jonathan Ratner
January 15, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
January 11, 2010: Investment Outlook... Let’s Get Fisical by Bill Gross
January 9, 2009: Compliments of the Asia Times... Obama's Yemeni odyssey targets China by M K Bhadrakumar
January 8, 2010: Compliments of The Asia Times... Russia, China, Iran redraw energy map by M K Bhadrakumar
January 8, 2010: Compliments of The Motley Fool... Is Fed Buying Behind the Stock Rally? by Alex Dumortier, CFA
January 8, 2010: Compliments of The Huffington Post...Timothy Geithner, I Call Your Bluff
by Janet Tavakoli, President, Tavakoli Structured Finance, Inc.
January 7, 2010: Compliments of Bloomberg.com... Rubin, Oil Rally Predictor, Sees $100 Crude in 2010 by Grant Smith
January 6, 2010: Compliments of FinancialSense.com... 2010: Giant Gathering Storm Clouds by Jim Willie, CB. Editor, Hat Trick Letter |
January 6, 2010: Murray Pollitt of Pollitt & Co. Inc.'s great Monthly Market Letter
January 5, 2010: Compliments of The Telegraph... Willem Buiter warns of massive dollar collapse -  Americans must prepare themselves for a massive collapse in the dollar as investors around the world dump their US assets, a former Bank of England policymaker has warned. By Edmund Conway,
January 4, 2010: Timothy Geithner Meets Vladimir Lenin by John P. Hussman, Ph.D.
January 4, 2010: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
December 31, 2009: Compliments of FairfieldWeekly.com... We're Screwed!
ShadowStats.com founder John Williams explains the risk of hyperinflation. Worst-case scenario?
Rioting in the streets and devolution to a bartering system by Phil Maymin
DECEMBER 30, 2009: Compliments of the Wall Street Journal... Lawmakers Want Probe Into Treasury Aid for Fannie, Freddie
By MICHAEL R. CRITTENDEN
December 30, 2009: Compliments of NationalReview On-Line... Stop Digging The pile of debt is far too deep already by Nicole Gelinas
December 29, 2009: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
December 24, 2009: Gold bull has many years, thousands of dollars to go by John Embry
December 23, 2009: Is it all just a Ponzi scheme? by: Eric Sprott & David Franklin
December 23, 2009: Compliments of The Globe and Mail... Just how big a mortgage can you carry? by Jeff Rubin
December 22, 2009: Compliments of WWW.BOECKHINVESTMENTLETTER.COM... RISK & UNCERTAINTY IN 2010: Hopefully Some Return Too by Tony and Rob Boeckh
December 18, 2009: Compliments of UBS Wealth Management Research... If in a bubble, gold is not yet expensive by Andreas Höfert, economist
December 17, 2009: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
December 16, 2009: Murray Pollitt of Pollitt & Co. Inc.'s great Monthly Market Letter
December 15, 2009: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
December 13, 2009: Compliments of The Observer... News World news Drugs trade Drug money saved banks in global crisis, claims UN advisor Drugs and crime chief says $352 bn in criminal proceeds was effectively laundered by financial institutions by Rajeev Syal
December 12, 2009: Compliments of Mineweb.com... Russian Central Bank to buy 30 tonnes of gold from Gokhran
December 10, 2009: A Contrarian’s Dilemma... December 2009 by John Hathaway
December 9, 2009: Compliments of Rollingstone.com... Obama's Big Sellout
The president has packed his economic team with Wall Street insiders intent on turning the bailout into an all-out giveaway by MATT TAIBBI
December 8, 2009: Compliments of The Telegraph... Ex-Fed chief Paul Volcker's 'telling' words on derivatives industry by Louise Armitstead
December 6, 2009: Compliments of Traders Press... Speculation as an ART by Dickson G. Watts was President of The New York Cotton Exchange between 1878 and 1880
December 5, 2009: Compliments of Coin Update News... Coin Collector News US Mint Gold Buffalo Bullion Coins Sold Out, Other Gold Coins Suspended or Limited
by Michael Zielinski
December 4, 2009: Asset Recovery or Asset Bubble? by Tony and Rob Boeckh
December 3, 2009: Compliments of Guild Investment Management Inc... The Guild Investment Global Market Commentary by Monty Guild
December 2, 2009: Gold Nexus for Powerful Struggle Underway for New Global Financial World Order Commodities / Gold & Silver by: Jim Willie Editor of The Hat Trick
December 2, 2009: Compliments of the UNIVERSITY OF CALIFORNIA PRESS, (1990) Historical Economics... Art or Science? by Charles P. Kindleberger,
Professor of Economics Emeritus, Massachusetts, Institute of Technology
December 1, 2009: Compliments of Richard Russell and The Dow Theory Letters... "Few Americans know of the betrayal that was plotted on Jekyll Island, Georgia"
November 19, 2009: Compliments of Global Research and Rabble.ca... Canada's Sub-Prime Mortgage Time Bomb by Murray Dobbin
Ottawa: The biggest sub-prime lender in the world 
November 16, 2009: Compliments of Prudentbear.com... Waiting for the train-wreck by Martin Hutchinson
November 10, 2009: The Real Deal by Dean LeBaron, CFA, Walter Deemer and Mark Ungewitter...                           
October 24, 2009:  MEMORANDUM FOR THE PRESIDENT: FROM: Arthur F. Burns;  June 3, 1975...  
                                                                                                            
                                                                    Notable Quotations
"I repeat what I have said in the past, no decent citizen should trust the Federal Reserve for one second. It’s very important that everyone own some gold because the government will make the dollar (in the long term) useless." - Marc Faber

"Any serious attempt to withdraw the stimulus at this point will trigger a deflationary depression and a continuation of the current policies will put us firmly on the road to hyperinflation" - John Embry

Stalin’s correspondence is interspersed with terse orders to send all opponents of collectivization to ‘concentration camps’, to execute those stealing property, and
to shoot political opponents: “Kondratieff, Groman, [two prominent non-Party economists, especially reviled by Stalin] and a few other scoundrels must definitely be shot.”

"The value of most currencies, including ours, is going to decline in purchasing power. I still believe, over a 10-year period, I would much rather own stocks than cash." -
Warren Buffet

"A government that robs Peter to pay Paul can always depend on the support of Paul." - George Bernard Shaw.

"If you think health care is expensive now, wait until you see what it costs when it's free." - P.J. O'Rourke

"History doesn't repeat itself but it often rhymes." Mark Twain
 
"A nickel ain't worth a dime anymore" - YOGI BERRA

"There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages
 all the hidden forces of economic law on the side of destruction and it does it in a manner which not one man in a million is able to diagnose." - John Maynard Keynes