A Beacon of Liberty

Isolationism and the Strategic Dilemma

Strategic and selective engagement, where the US chooses battles that protect its sovereignty, economic prosperity, and geographic security without being entangled in endless ideological wars.

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    Breaking News

    The First Secretary of War Loses A War

    The First Secretary of War Loses A War

    With the details of the signed Memorandum of Understanding still unclear, it does appear, for all intents and purposes, that the United States has lost the war with Iran. That means Pete Hegseth, the first Secretary of War, has lost a war.

    Is The Screwworm A Problem For The Meat Supply?

    Is The Screwworm A Problem For The Meat Supply?

    The New World screwworm has just been confirmed in two more animals in Edwards County, Texas. Could this parasite be a major issue for the meat supply? Already, it’s likely to affect prices as safety protocols are put in place. 

    $1,000 OR BUST

    Listen carefully, dear gold bug. You are living in a world which is insane. All around you are the incredibly stupid people who, in the past, believed that the earth was flat and that one could fly by standing on a magic carpet. From every source of opinion comes the 21 st century version of those beliefs.

    THE BIG MONEY IS MADE IN THE BIG MOVE

    The people who make money in the markets are the people who latch onto a giant move, be it Polaroid in the ‘50s and ‘60s, gold in the ‘70s or Yahoo in the late ‘90s. This is not hard to do. Compared to predicting the short term it is easy. The problem is that most people live in the moment. Our emotions pull us in and get us excited about little moves. We lose the big picture, and this leads us to make the wrong decision.

    SOMETHING FOR NOTHING

    On Monday, Aug. 3, 2009, the U.S. dollar index broke down to 77½, thus completing a double top (Nov. ’08 and March ’09). This was the major economic event of 2009 and predicts a further decline in the index to 68, which will be an all-time low.