Yesterday I listened to a roundtable discussion aired during hour 2 of the Financial Sense Newshour between Jim Puplava, Frank Barbera and Brian Pretti of Contraryinvestor.com. Their discussion is focused on determining the shape of things to come for the markets and the global economy, but the ideas presented here reach are larger in scope than the future direction of the Dow Jones Industrial Average.
I can practically assure you that the ideas discussed in this interview will not be heard on Monday's major business and cable news broadcasts. If you want to open yourself up to some less-than-popular notions regarding economic reality, give this broadcast a listen.
One section I found particularly engaging occurs with the group fleshing out the idea of the credit cycle's emerging preeminence over the conventional business cycle. Lots more though, including a comment on fractional reserve banking, a subject that was discussed by Paul van Eeden in Thursday's post.
Lest you think that this post is the work of a gloomy Gus, let me mention that it is warm and sunny and the first Stone Roses LP is finishing its spin. What is the sentiment meter reading on that?
I can practically assure you that the ideas discussed in this interview will not be heard on Monday's major business and cable news broadcasts. If you want to open yourself up to some less-than-popular notions regarding economic reality, give this broadcast a listen.
One section I found particularly engaging occurs with the group fleshing out the idea of the credit cycle's emerging preeminence over the conventional business cycle. Lots more though, including a comment on fractional reserve banking, a subject that was discussed by Paul van Eeden in Thursday's post.
Lest you think that this post is the work of a gloomy Gus, let me mention that it is warm and sunny and the first Stone Roses LP is finishing its spin. What is the sentiment meter reading on that?