Double Whammy
Peter Schiff, President & Chief Global Strategist, EuroPacific Capital Inc.

Misguided government policies have already dealt vicious body blows to our economy, but that hasn’t stopped politicians this week from launching two new kicks to the groin: a national health insurance plan and a carbon emissions regulation system called “cap and trade.” Read more...

ECB Balance of Risk Not so Balanced
Axel G. Merk, President & Chief Investment Officer, Merk Investments

European Central Bank President Trichet was less at ease at its monthly press conference; this may well be a reflection that the economic recovery may take longer, require more action and such actions may cause as many problems as they solve. To put up a brave face, ... Read more...