Another brick has been taken out of America's dollar fundamentals. China and Russia intend to stop using the U.S. dollar and begin to pay for trade between their two countries in renminbi and rubles, respectively, from now on. Watch out America - with the coming demise of the U.S. dollar your free ride is over!
Read More »Yearly Archives: 2010
Turk: Gold and Silver To Reach $8,000 and $400 Respectively by 2015 (+13K Views)
Gold will hit $8,000 by 2015 and if the gold:silver ratio reverts to norm silver will reach $400. Gold and silver are so cheap today you should ignore the current price and just pick one day every month and buy the precious metals. Sometimes you will get them at a lower price and sometimes you will pay more, but, over time you will accumulate the precious metals at a good average cost. Words: 1236
Read More »Lock and Load with an Arsenal of Gold and Silver Bullets!
While gold has pulled back from its +$1,400 its bull market is far from over... Corrections are a normal and necessary part of any bull market, and man, do I see this pullback as a golden opportunity — a chance to buy great gold and silver stocks that we missed the first time around! Words: 1350
Read More »USD Index Drop Below 72 Will Devalue USD by 50%
We are an environment in which a U.S. dollar (USD) collapse has fueled inflation trade mania. By launching additional quantitative easing (QE) measures at a time other central banks (e.g. the ECB and the Bank of England, among others) have renounced additional easing measures or are actively raising interest rates (e.g. China and Australia), Fed Chairman Ben Bernanke has made it clear he is willing to trash the USD. Words: 797
Read More »Gold: A Bursting Bubble or Just a Big Blip in the Bullion Bull Run?
Are the recent declines in the price of gold and silver signs of the bursting of the bubble... or just a blip in the ongoing bullion bull run? The odds are probably on the latter. [Let me tell you why.] Words: 763
Read More »Top 10 Gold and Forex Holding Countries
The argument for holding gold has just been reinforced by the Fed’s most recent $600 billion quantitative easing (QE) package because it pushes the dollar firmly onto a downward path and raises the risk of inflation. Words: 342
Read More »"QE 2" is Radically Different – and Radically More Dangerous – Than "QE 1"! Here's Why
"QE 2" is radically different – and radically more dangerous – than the risky games that were played with earlier "quantitative easings". This brief article is intended to warn readers about some of the key differences this time around. Words:
Read More »Multi-National Company Stock A Bullish Scenario For Long Term Investor
In spite of the continuing ascent of the stock market we are not in a perfectly bullish scenario because a major concern going forward is whether or not the Bush tax cuts will be extended. I am of the opinion that they will be, because if they are not, then the markets will have a very ugly December.
Read More »Remedies to Fiscal Gap Guarantee Hyperinflation! (+3K Views)
Boston University economist, Prof. Kotlikoff, maintains that the U.S. cannot end its fiscal crisis by doubling taxes, as the International Monetary Fund suggests, or further stimulus spending [as Bernanke is doing] because it will simply increase the debt. [Instead he has some radical proposals of his own.] Words: 704
Read More »NOW is the Time to Own Gold Stocks – Here’s Why (+2K Views)
If You Haven’t Participated in Gold’s Recent Rise – Don’t Fret – The Fun Has Only Just Begun 23 different countries are currently participating in a currency devaluation “race to the bottom” … and…as investors who seek safe harbor in hard money… we’re content to own precious metals investments until such a day arises when the currency war winner is finally announced …
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