This guy tells it how it is.  Also check out http://www.usdebtclock.org/

California’s debt crisis is on the brink and it seems the only counter measure has been to issue more green energy credits to consumers.  Here are a a few graphs/charts that outline the operating deficiencies and debt burden of California followed by a recent article in the LA Times.

California’s $500-billion pension time [...]

Small-capitalization stocks have raced past larger companies over the past 12 months, recently benefiting from a surge in merger-and-acquisition activity focused on smaller companies.
Since late 2009, U.S. deal flow has risen significantly. Deals involving small-cap companies are grabbing a larger share of the activity, taking back the headlines from the large-cap action that dominated before [...]

PowerShares will introduce a family of nine sector exchange-traded funds investing in U.S. small-capitalization stocks early next month. The ETFs are the PowerShares S&P SmallCap Health Care Portfolio, the PowerShares S&P SmallCap Materials Portfolio, the PowerShares S&P SmallCap Industrials Portfolio, the PowerShares S&P SmallCap Utilities Portfolio, the PowerShares S&P SmallCap [...]

The Diavik operation mining diamonds from underneath a lake in the Northwest Territories of Canada. Visit http://www.diavik.com for more info about the mine . 

I had dinner with Schiff way back in 2006 when people were happy to call his views that of a lunatic.  Now he is a regular on almost all the TV networks.

“As for the precious metals, we remain bullish of gold in Sterling terms, in EUR terms, in terms of the Yen and in terms of the US dollar. We are that way for we wish firstly to hedge out the short dollar aspect of the long gold position that seems incumbent in that position given [...]