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The regenerated do not go to war, nor engage in strife. They are the children of peace who have beat their swords into plowshares and their spears into pruning forks, and know no war.
- Menno Simons


NOTICE: DUE TO WORK ON NEW BOOK PROJECTS, NEW WEBSITE POSTINGS WILL BE ON TUESDAYS AND FRIDAYS
12/2/2016
Yields extend surge as oil, Trump boost inflation bets
Borrowing cost rise as investors bet on higher prices.  full article...
12/2/2016
Money pouring out of bond funds
Investors pull $4.1 billion from bond funds. The 30-year bond rally is over.  full article...
12/2/2016
All eyes on oil



 full article...
12/2/2016
Terms of the OPEC agreement



 full article...
12/2/2016
High oil prices could deal another blow to Asia demand



 full article...
12/2/2016
OPEC deal upends everything in oil market, not just prices
No one saw it coming. What happen’s next may be just as unexpected.  full article...
12/2/2016
Oil dips after former Saudi oil minister admits on OPEC deals, ‘We tend to cheat’
The agreement may not be what it seems.  full article...
12/2/2016
Oil dips after former Saudi oil minister admits on OPEC deals, ‘We tend to cheat’
The agreement may not be what is seems.  full article...
12/2/2016
Italian banks flirt with disaster again
The bankers’ end game continues. Its collapse is our salvation.  full article...
12/2/2016
The Italian trouble for Greek debt
The bankers profitable play from strangling the Greek economy may be ending.  full article...
12/2/2016
Italy banks drowning in bad debt



 full article...
12/2/2016
Italeave? Making the case for another EU exit
Economic pressures force political change.


 full article...
12/2/2016
Search continues for missing Tennessee wildfire victims
Record heat, record cold, record rain, fires, floods, drought, etc. The earth changes are here.


 full article...
12/2/2016
Alaskan cold snap would spill over to 48 states



 full article...
12/2/2016
Unusual weather: Saudi Arabia desert covered in snow
The earth changes are here.


 full article...
12/2/2016
China’s central bank is facing a major new headache
Currency flows out of China may soon accelerate or, China could change the rules.  full article...
12/2/2016
China capital curbs sow doubt over renminbi ambitions
China changed the rules. No surprise here.  full article...
11/29/2916
Trump trade trimmed
John Hussman is right (see his commentary in today’s Worthy of thought and reflection). Post-election rally pulls back.


 full article...
11/29/2916
Bonds set to snap 3-decade winning streak
Since the 1980s, interest rates have gone done making bonds more expensive. This multi- trillion dollar party is ending.  full article...
11/29/2916
The ‘dysfunctional family’ known as OPEC could make oil prices crater even more
Big oil’s big problems continue as hopes for an oil cut dim.  full article...
11/29/2916
Oil prices could plunge to $25 as OPEC deal hopes die
Differences between religious rivals, Saudi Arabia and Iran, affect OPEC talks. No surprise here.  full article...
11/29/2916
More turbulence for Lufthansa



 full article...
11/29/2916
Italian bank shares dive on fears about potential referendum defeat
The banker’s ponzi-scheme continues to unravel. Citigroup warns of the consequences.  full article...
11/29/2916
A referendum puts Italy’s government to the test
Political uncertainty grows.


 full article...
11/29/2916
Thousands flee Aleppo fighting
The Syrian tragedy continues.


 full article...

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DARRYL ROBERT SCHOON: The Spreading Bonfire and the Rising Price of Gold
Rising interest rates are threatening stock and bond markets in a fundamental way. The ultimate beneficiary of this instability will be gold and silver. full article...


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Moving Through The Maelstrom: Germany's hyperinflation in the 1920s and paper money today
Ralph T. Foster, author of "Fiat Paper Money: The History and Evolution of Our Currency" and I discuss monetary history and its relevance to today's economic crisis.


 full article...


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Expectations of fiscal stimulus
They were right. Trump's going to print money. full article...





Rolling Stone: Matt Taibbi interviews Bernie Sanders – Where we go from here
Good question. Good answers. Go Bernie! Worthy of thought and question.  

full article...
The Spreading Bonfire and The Rising Price of Gold (Chinese translation)
Worthy of thought and reflection.  

full article...
Corbett Report: Nomi Prins - The central bankers’ game of thrones
Author and analyst Nomi Prins explains the central bankers’ game plan. Worthy of thought and reflection.


 

full article...


George Carlin: Who really controls America




full article...


UK peodophilia scandal: Hundreds report child sex abuse at football clubs
UK politicians avoid peodophilia prosecution but soccer molesters aren’t so lucky.  full article...
Native Americans stand by Standing Rock Sioux to defy corporate interests



 full article...
Australian students recreate Martin Shkreli price-hike drug for $2
Shkreli raised the price of the drug from $13.50 to $750. Its used to treat malaria.


 full article...


‘Traveling Light’ by Leonard Cohen





full article...


Dollars & Sense, shows 101/102, Tucson Access, US Politics: The Illusion & The Truth

Dollars & Sense, shows 101/102, Tucson Access, US Politics: The Illusion & The Truth



DRSCHOON.COM features the articles of Professor A. E. Fekete of the New Austrian School of Economics, a leading expert on gold and its role in financial markets and the economy.

Critique of Mainstream Austrian Economics

in the spirit of Carl Menger

An analysis of some aspects of the economics of Ludwig von Mises

Preface

I have always been an admirer of Ludwig von Mises (1881-1973) and long considered him the greatest economist of the 20th century. He was also a charming and a modest person. He would have never considered himself infallible. And he wasn’t. After a long study, soul-searching and hesitation I called attention to points where in my opinion Mises was wrong.

With a great deal of diffidence and humility I am doing my best to defend my position vis-a-vis that of Mises.  full article...

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