During the panic of 2008, miners in general – and junior miners in particular – were devastated by the Wall Street-engineered sell-off, with many losing more than 90% of their value. With these companies sitting at once-in-a-lifetime valuations, no one (outside of the hardcore commodities investors) wanted to touch these companies. [That's not the situation any more!] Words: 1160
Read More »Yearly Archives: 2010
Why Gold Could Go To $5,000 – and How To Capitalize On It! (+6K Views)
I believe the precious and base metals sectors are critically important to your portfolio and that the single best defense you can take for your portfolio is to go on the offense and to use precious and base metals investments - especially gold -to protect your wealth from the ravages of a falling dollar and to capitalize on a myriad of wealth-building opportunities. Words: 2010
Read More »Let's Get Real: The U.S. is Bankrupt and the Consequences Will Be Dire!
Let's get real. The U.S. is bankrupt. Neither spending more nor taxing less will help the country pay its bills. What it can and must do is radically simplify its tax, health-care, retirement, and financial systems, each of which is a complete mess... otherwise we are going to see dramatic increases in taxes, interest rates and consumer prices [with a resultant major decrease in our standard of living] and a dramatic increase in [the number of Americans living in abject] poverty. Words: 835
Read More »Groundwork Has Been Laid for Hyperinflation, Soaring Interest Rates and Exploding Gold and Silver Prices (+2K Views)
Increases in spending and liabilities along with decreases in foreign lending equals a recipe for disaster. So, where will the money come from? This is a job for the printing press. While we are certainly facing deflation in the near term and a very choppy market, the groundwork has been laid for hyperinflation, soaring interest rates and exploding gold and silver prices. Words: 945
Read More »Housing Crash Continues: Why Now Is NOT The Time To Buy! (+2K Views)
The housing crash is still in process and here are 10 reasons why it is still a terrible time to buy. Words: 1670
Read More »Williams: U.S. Can Not Avoid Coming Financial Armageddon (+3K Views)
The U.S. economy is in an intensifying inflationary recession that eventually will evolve into a hyperinflationary great depression... [at which time] a $100 bill in the United States will become worth more as functional toilet paper/tissue than as currency. The U.S. government and Federal Reserve already have committed the system to this course through the easy politics of a bottomless pocketbook, the servicing of big-moneyed special interests, and gross mismanagement. The article is long but well worth the read. Words: 3565
Read More »Robert Prechter's Elliott Wave Theory: Dow Set to Tumble to 8,000
U.S. stocks could sink by more than 20 percent if the neckline of a head-and-shoulders pattern on the Dow Jones Industrial Average is breached, according to Robert Prechter’s Elliott Wave International Inc. Words: 524
Read More »10 Reasons Gold Could Go to $10,000 In the Next 12 Months!
We may reach levels for gold previously thought of as crazy - $5,000 an ounce or even $10,000 - with plenty of volatility and pullbacks along the way... and in my opinion there are 10 reasons it could happen within the next 12 months and, if not by then, then soon after. Why? Because, in short, there is way too much fiat currency chasing way too little gold. Words: 951
Read More »Why Gold is Back in Vogue
Gold is back in vogue. After spending much of the past three decades in the doldrums, gold is stirring and is generating great interest. Investors can be persuaded to buy equities, property and bonds without much convincing... [but] gold is different. They need to be convinced as to why they should own a precious metal that has little apparent utility. [Below we] will explain why owning gold is not only a prudent and intelligent idea, but that it is imperative to protect oneself through the most extreme uncertainty we have faced for generations. Words: 2101
Read More »GATA's Douglas Makes a Case for $56,000 Gold and $936 Silver
The logic behind the assertion that the true price of gold is $56,000 and $2,250 for silver is very enlightening and worth your time to listen to.
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