The Mirror Cracks By Michael E. Lewitt “Life invests itself with inevitable conditions, which the unwise seek to dodge, which one and another brags that he does not know, that they do not touch him; but the brag is on his lips, the conditions are in his soul. If he…

…go to www.accreditedinvestor.ws to subscribe to the letter and see complete details, including the risks in hedge funds. (In this regard, I am registered representative of the Williams Financial Group, an NASD member firm. See the web site for details.) Final note: I will be turning 54 on October 4.…

The Last Half A $1.5-trillion-dollar yearly increase in the national debt means that someone has to invest that much in Treasury bonds. Let’s look at where the $1.5 trillion might come from. Let’s assume that all of our trade deficit comes back to the US and is invested in US…

…go to www.accreditedinvestor.ws to subscribe to the letter and see complete details, including the risks in hedge funds. (In this regard, I am a registered representative of the Williams Financial Group, an NASD member firm.) This weekend will find me back at the gym, before getting ready to pump up…

…Muslims who refuse to subscribe to a jihadist ideology. And there is no way to distinguish those who might kill from those who won't. The Muslim community might be able to make this distinction, but a 25-year-old European or American policeman cannot. And the Muslims either can't or won't police…

…can learn more and subscribe at http://www.johnmauldin.com/overmyshoulder/recent/ . LA, NYC, Hong Kong, and Singapore "When sorrows come, they come not single spies, but in battalions." The last few weeks have been a little more stressful than normal. These times come and go, of course, and eventually I return to my…

Flirtin’ with Disaster Rich Yamarone Chief Economist, Bloomberg I'm travelin' down the road and I'm flirtin' with disaster I've got the pedal to the floor and my life is running faster I'm outta money outta hope it looks like self destruction Well how much more can we take with all…

…see their work and subscribe at www.bcaresearch.com) They give us some sobering thoughts: * The population of the “developed countries” will drop rapidly over the next 50 years, while those of undeveloped countries, especially Islamic countries, will rise dramatically. Germany will experience no population growth and remains at 80 million…

There are two main points to be taken away from this week’s meetings. First, the Germans really took control. This has been coming for a long time, and it’s not like we haven’t discussed it in these letters. Second, Britain either opted out or was shown the door, depending on…

…case you want to subscribe to that, too. Halifax, as you know, is not Toronto or Vancouver, so it’s only moderately overpriced. But I think my big takeaway from this trip is how stinkin’ happy Canadians are… just deliriously happy. We get off the plane, we go to our hotel,…