Gary North's Miscellany continued

Buy low, sell high. What you are about to see is a classic example. It was bought in 1978 for $30,000. It is now worth $1.2 million. Wait until you see it. Home sweet home.... keep reading

If you were Scooter Libby, what would you do? Your job is gone. You are under indictment. A Washington lawyer costs $400 per hour. The trial may take over a year. The taxpayers pick up the prosecutor's expenses.... keep reading

The personal savings rate for Americabs is now negative: borrowing has overwhelmed the American ideal of thrift. A recent report shows that the younger generation will not budget.... keep reading

The announcement of an accounting disaster as Refco led to its bankruptcy within days. Here is a classic case of the failure of modern accounting to provide investors and principals with vital knowledge. The next recession will expose dozens of Refcos.... keep reading

Are you riding the wave of a local housing bubble? Is this the time to sell? Or are you living in a good investment? Here are ten criteria that will help you discover the correct answer.... keep reading

The 30-year fixed rate is now over 6%. Earlier this year, I secured a 5.375% loan with 3% down. If rates continue to climb, the housing market will cool, then reverse.... keep reading

If you are in private practice, get ready for price competition like you've never seen. If you are a consumer looking for much cheaper routine care, your ship is about to come in.... keep reading

It is possible that the offer was a hoax. But even if it was, it revealed a stunning fact about China -- a fact that indicates that the Chinese still don't get the enormous threat that is facing them.... keep reading

The implications of this should be obvious: there is no turning back to a balanced budget. The next recession will create even more massive annual deficits. The question is: Who will fund this debt if Asian central banks draw the line? Meanwhile, another hurricane approaches. Price tag?... keep reading

My old colleague, Bruce Bartlett, got the sack because of his forthcoming book on Bush's deficits. He and I worked for Congressman Ron Paul in the second half of 1976.... keep reading

When short-term interest rates rise, adjustable rate mortgages (ARMs) raise the cost of home ownership. ARMs have become popular in housing bubble states, such as California. Millions of families will abandon their homes: foreclosures. This process has begun.... keep reading

In an amazing turnaround, Jim Cramer announces the demise of the dollar as a result of Bush's deficits. He does so in a glossy upscale magazine aimed at urban sophisticates.... keep reading

There have been only three departures of FED Chairman in the past 27 years. Each of these was followed by a crisis. Will it happen again? One prominent analyst thinks so. Here, I examine his arguments.... keep reading

In the second half of his article, the author points to a worldwide recession coming as a result of America's housing collapse and rising interest rates. The problem is, what he says of America could also be said of China.... keep reading

When a newspaper published under the authority of the Chinese Communist Party runs an article like this one, we can assume that this outlook for the world economy is considered plausible in Asia.... keep reading

The Grand Old Man of Dow theory investing has become a gold bull. He thinks that gold has only just begun to move up. The man is the street is now becoming vaguely aware of gold's move.... keep reading