"[The current]...base building process for gold...has been similar to the 2006/2007 base before it went higher (see chart)....If it breaks out through... $1,688, and in particular, eventually, through $1,791...the short-term target for gold would then be in the $2,050 to $2,060 range. After a short-term pause we would then expect a continuation up to the $2,400 area by the end of the year or beginning of next year." (See long-term Gold chart)

...[Y]ou may be curious why, despite continued money-printing and abysmal US economic reports, gold hasn't been able to hit new highs. The answer is that gold is currently priced for collapse. Many investors believe the yellow metal has topped out and are selling into every rally. Treasuries have temporarily overtaken gold as the primary safe-haven asset [but, as I see it,] once that dynamic is broken the counterflow into gold will be tremendous. [Let me explain further.] Words: 797

"… those who are waiting for the Fed cavalry to ride over the hill and rescue the economy are doomed to disappointment....The banks are awash in loanable funds, businesses are cash-rich and opportunity-poor, and interest rates are already so low that lower still will not attract borrowing....More liquidity is unlikely to impart more impetus to the sluggish economy…. Congress and the President should not count on the Fed to bail them out of their mistakes…. Central banks are unable to help in the face of persistently flawed economic policies."

The U.S. outspends China, the next-biggest military power, by nearly 6-to-1. Check out today’s infographic to see which nations round out the top 10 – and in the "What Do Others Say?" section below, explore more about the costs and benefits of superpower status.

Fact #7: As of summer 2012, the federal government’s outstanding debt surpassed $15 trillion. Who are the nation’s creditors?

By threatening to drop money out of helicopters to fight deflation - to leave a paperweight on the "print" button if you will - Bernanke convinced the market and all of Wall Street that the Fed would always be there to step in and save the day. [In fact, however,] the whole thing was a bluff meant to prop up the markets - the famed Bernanke Put - and it was a lie. The markets will be realizing this in the coming months, if not sooner, and when they do, we'll see the REAL Collapse: the one to which 2008 was just a warm-up. [Let me explain.] Words: 444

Renewed leadership by the sectors that stand to benefit most from a stronger economy and profit growth down the road...could be one of the best indications that perhaps the worst is indeed behind us and the rally has more room to run. However, if these cyclical sectors fail to participate more fully, that would be a signal of more potential trouble ahead. [Let me explain.] Words: 840

Warning: New evidence points toward an imminent financial collapse and the destruction of American wealth. Income, investments, retirement, and even personal safety are now at severe risk. In this new video I lay it all out for you. Words: 515

Is austerity working properly or is it working to bring countries to their financial knees so bankers can remake them from the ground up? Let's take a look at the infographic below which shows what we can expect.

Fact #6: Americans wasted enough food in 2010 to fill 91 Empire State Buildings (33.79 million tons) which was up 16% from a decade ago. The average American wastes 209 to 254 pounds of edible food each year. Meanwhile, more than 17 million American households were considered "food insecure" in 2010, meaning it was difficult to provide enough food for everyone in the family. 46 million Americans, about one in seven people, relied on food stamps.