A few weeks ago (August 31st) I wrote about how gold was starting to top and that everyone should expect a very sharp drop to the low $1600 area... [and] only three days later gold topped and it has not stopped falling since. At that time [however]...gold was still building the top pattern so I could not say how long a recovering would likely take nor did I know exactly when to re-enter a long position but now that we have seen how gold arrived at my target price I can form a new forecast. Words: 1078

A predictive software program called Senturion, developed for the U.S. military and sporting a 85% accuracy rate, has concluded that Greece is going to default. [Let me explain further.] Words: 244

101 of the 155 analysts who have gone public in maintaining that gold will eventually go to a parabolic peak price of at least $2,500/ozt.+ before the bubble bursts believe that gold will reach at least $5,000 per ozt. Take a look here at who is projecting what, by when. Words: 979

Rising education and medical costs, on-going credit card interest payments, well used personal lines of credit and large mortgage debt and home equity loans - most a penchant for living beyond their means - is keeping 75% of American households in some degree of debt. Take a look and then pass it on to your friends, neighbors and co-workers.

The latest economic data suggests that recession is returning to most advanced economies, with financial markets now reaching levels of stress unseen since the collapse of Lehman Brothers in 2008. The risks of an economic and financial crisis even worse than the previous one – now involving not just the private sector, but also near-insolvent sovereigns – are significant. So, what can be done to minimize the fallout of another economic contraction and prevent a deeper depression and financial meltdown? [Below I recommend 8 ways that would do just that.] Words: 1641

It wasn't supposed to be this way. By now, Peak Oil was supposed to be a fact of daily life. People were supposed to be lined up at gas stations, struggling to buy US$10-a-gallon gas. Solar and wind companies were supposed to occupy prominent places on the Big Board instead of going out of business right and left. People were supposed to have diminished expectations – resigned to shivering in the dark. Free markets, a flawed system of commerce, were to be exposed as a misleading theoretical construct, incapable of providing for people's needs...The world was running out of resources...Now, suddenly, there is a different tale to tell and the New York Times is up to the task. Up and down the Americas, we learn, there is an Oil Boom. Suddenly, we have gone from enforced austerity to an unheralded plenty. Middle East, watch out! [But all is not as it seems. Let me explain.] Words: 1440

An Associated Press release has said that U.S. Treasury Secretary Timothy Geithner has told eurozone finance officials the U.S. is not trying to lecture them on their debt crisis saying that "we still have our challenges in the United States" and that "our politics are terrible... maybe worse than they are in many parts of Europe". The U.S. finance chief said that given the challenges the U.S. faces, "we're not in a particularly strong position to provide advice to all of you." Why isn't this breaking news? Words: 570

Paul Volcker has written an Op-Ed for The New York Times entitled “A Little Inflation Can Be a Dangerous Thing,” in which he argues – and we really won’t dispute it – that allowing inflation above institutionally accepted levels of say, 2 percent, can indeed be a slippery slope, and a very bad thing, but times have changed since Mr. Volcker decided that he would do whatever it took to slay inflation. [These days a little inflation might be a very good thing. Let me explain.] Words: 1636

In the East...gold is not only celebrated, acquired, worn or displayed during holidays or special occasions; it is seen as an everyday symbol of wealth. Increases in demand from China and India have driven a 7.5 percent increase in demand for gold jewelry during the first half of the year despite a 25 percent increase in the price. [Overall,] gold buying in India jumped 38 percent during the second quarter alone...China’s gold purchases jumped 90 percent on a year-over-year basis through June. In addition, demand from central banks is growing dramatically. [Such activity is setting up a] perfect storm - a tidal wave of gold demand [which can only keep prices high and escalating. Let me be more explicit.] Words: 959

In a recent article called There Will Be Oil in the WSJ, Daniel Yergin once again attempts to debunk the concept of peak oil and sees global production capacity growing to 110 mmbpd by 2030, followed by slow decline. In this short report I take a quick look at his key arguments in an effort to bring further convergence between the peak oil and business-as-usual camps. [Unfortunately, I failed to do so concluding that Peak Oil is still very much with us. Let me explain.] Words: 2032