Robert Shapiro

Robert (Bob)  Shapiro is self-taught in Austrian Economics and has consulted briefly for the governments of Mexico, Greece, Portugal and Spain. He has traded Gold & Silver and their stocks since 1970. Bob Shapiro’s blog is http://us-issues.com

Articles by Robert Shapiro

Steve Forbes recently urged incoming President Trump to make tax cuts a priority for the first week or so of his administration. While I also would like to reduce the burden of government on the Private, Productive sector of our Economy, I...
I have seen a recent flurry of articles, including one by Austrian School Economist, Frank Shostak, of the Mises Institute, discussing the evils of Fractonal Reserve Banking (FRB) regarding the Boom-Bust Cycle.

While I also am a Free...
In May 1970, my dad gave me a book to read: Harry Brown's “How You Can Profit From the Coming Devaluation.” It was a clear explanation of why Budget Deficits, Trade Deficits, and FED Money Printing were killing our country.

The major...
In the last 50 years, prices have gone up around 20 times. Aside from the obvious fact that the FED’s printing of new Dollar Bills out of nothing has stolen 95% of the Dollar’s purchasing value, I find it interesting when I consider the...
The real after inflation yield on US Treasuries is NEGATIVE…all the way down the maturity yield curve.

As I write, the 30-Year T-Bond is listed at 2.14%. The May CPI came in at 0.2% – in line with the recent trend – showing the CPI...
As the victory of Donald Trump took shape last night, futures on the various stock markets began to plunge. S&P500 futures were down the unofficial limit of 4% at one point. The Japanese Nikkei 225 Index closed down about 920 points...
240 years ago Adam Smith wrote “The Wealth of Nations.” Largely, he described what he observed in the Economy, and provided a reasonable explanation. For example, Pigs.

He observed that the production of pigs fluctuated, as did the...
The US created a Strategic Petroleum Reserve in 1975, after the Arab oil embargo (and a stupid US rationing scheme) caused supply disruptions. Today, this reserve holds only a little over one month’s of oil usage.

Assuming that there is...
Non-farm private payrolls for July came in with a surprise 43,000 larger increase than expected. Including new government jobs, the number reported was 75,000 larger than expected.

But, can we really believe the numbers?

This is a...
The real after inflation yield on US Treasuries is NEGATIVE all the way down the maturity yield curve.

As I write, the 30-year T-Bond Yield is listed at 2.14%. The May CPI came in at 0.2% – in line with the recent trend – showing the...

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Spanish Conquistadores invaded the Inca Empire in 1528 to steal their silver and gold.

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