In our history, the American nation committed obvious sins against select groups of people, and we’ve paid bitterly for some of that. But now it’s our sins against the land itself that threaten to sink the USA as a viable enterprise.

It’s odd, that in his otherwise excellent blow-by-blow account (”Eight Days,” in the Sept 21 New Yorker Magazine) of the September 2008 Wall Street meltdown that left Lehman dead, and AIG croaking in a ditch, and the banking system in general functionally crippled, reporter James B. Stewart never got around to really describing the cause of it all — namely, the on-the-ground material catastrophe of American suburbia.

It was the worthlessness of the tradable securitized debt associated with all those overpriced (and overvalued) chipboard and vinyl houses, smeared recklessly over the American landscape, that started all the trouble in the first place. And it is our inability to come to

I’m confident that there are thousands of blog lurking gold bugs who are going to want to comment on this article from Mark Leibovit of VRGoldLetter.com. Mark hits on a number of issues, which include a possible conspiracy theory. Mark will be on PBS tonight talking about Gold, and if you visit VRGoldLetter.com, be sure and use the promo code “INO” for a discount.

But more importantly read the piece below and let the comments fly! It’s time for all of those blog lurkers to make their thoughts and opinions known!

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In the short term, the precious metals, especially Gold, are trading counter to the stock market, but we have also seen precious metals rally along with stock market during the 2003 and 2008 bull cycle.  Regardless, in the long-term, precious metals should rally because of currency debasement and the resulting inflation which follows.  I have recently inaugurated the

It’s inflation or die for global central banks, says Eric Roseman. The market is pricing in a deep recession and a stretch of deflation. But in the coming year, these desperate reflation policies will work. And when they does, inflation-hedging hard assets will soar. Eric says this makes now the perfect time to accumulate gold.

This from Sovereign Society:

The time to start building fresh positions in oil, gold, silver and TIPs has arrived. Even distressed real estate should be accumulated if credit can be secured.

Over the next 6-12 months the United States, Europeans, Japanese and Chinese will eventually arrest deflation. And long before that materializes, hard assets will begin a major reversal following months of crippling losses.

Since peaking in July, the entire gamut of inflation assets has collapsed amid a growing threat of deflation or an environment of accelerated price declines. The last deflation in the United States

Monday December 8, 2008 Navivest

Stocks staged a broad-based rally that saw all three major indices climbing over 3% on the day. The Dow gained 3.46%, the S&P 500 gained 3.84% and the Nasdaq gained 4.14%.

Today’s rally pushed the Dow Jones Industrial Averages to 8,934.18, the first close over 8,900 since November 7. As recently as November 21st, the Dow hit an intra-day low of 7,392.27.

Stocks put up a strong showing on President-elect Barack Obama’s plan to boost the economy and create 2.5 million jobs in two years, by launching the largest infrastructure and public works spending since the fifties, when President Eisenhower signed the Federal-Aid Highway Act of 1956.

Underlying the reason for the rally, some of the biggest gainers were machinery and equipment makers such as Caterpillar (CAT), which gained $4.16 or 10.87% on the day. Other equipment makers that gained on the day, included Deere (DE)