Bloomberg.com reports that Janet Yellen, president of the San Francisco Fed bank, says, to my complete disbelief, “For some time to come, disinflation, and even deflation, will represent greater risks than inflation.”

Avery Goodman at Seekingalpha.com asks the intriguing question, “Did the ECB Save COMEX from Gold Default?”

Avery Goodman at Seekingalpha.com asks the intriguing question, “Did the ECB Save COMEX from Gold Default?”

Doug Noland of PrudentBear.com found all kinds of interesting things last week, especially if you enjoy heart palpitations and crushing chest pains…

I thought that I had a pretty good handle on how much “stimulus” money Congress and the Fed have spent so far, ranging, as it does, in the zillions of dollars…

I was captivated by the Wall Street Journal headline “Bearish Big Investors Catch Gold Bug” by Gregory Zuckerman, because I don’t ever expect to see anything favorable about gold in the WSJ since it is concerned primarily with providing information and news about stocks and bonds so that you will be motivated to constantly buy and sell stocks and bonds.

I thought that my eyes were playing tricks on me, but it looked like the earnings of the S&P Industrials Index went down last week, plummeting to $65.86 from $85.90 the week before…

Hugo Salinas Price, at plata.com, really had me going when he wrote, “Several years ago – I don’t remember the date – I read an interesting comment”…

I thought I was still asleep and merely dreaming when I opened up Barron’s and saw that the earnings of the S&P 500 dropped to $28.75, which is down from last week’s $45.95, which is down from last year’s $78.80.

Total Fed Credit, otherwise known as Federal Reserve Credit, ballooned by a huge $76.9 billion last week, taking the Fed’s total “help” to the scumbag banks to a nice, cool $1.9 trillion, of which a whopping $56 billion gob of the money created last week by the Fed was used by the Fed itself to buy Treasury securities for itself! Hahaha! What a scam!