Much of the conventional economic wisdom prevailing in financial circles - largely subscribed to as a basis for governmental policy, and widely accepted by the media and the public - is based on incomplete analysis, contra-factual assumptions, and false analogy. Below are 15 such fallacies and explanations as to why each is such.
Read More »The Real Deal: How to Detect Fake Gold & Silver (+2K Views)
In recent years, the production of fake silver and gold bullion products has been on the rise and the following post will show you how to detect such products and avoid the major financial loss that would occur in doing so.
Read More »U.S. Fixation On Gold Unlikely to End Any Time Soon
While it is true that there have been some hiccups along the way, such as Roosevelt’s confiscation of gold in 1933, it is unlikely that America’s fixation on gold will end any time soon. Below are the facts regarding the history of gold in the USA.
Read More »This Post On Interest Rates Is Too Important To Ignore – So Don’t!
Most of the hundreds of financial articles posted every week are just "financial entertainment" - unfounded forecasts, fear mongering or cheer-leading. That being said, there are a number of articles that are absolutely MUST READS if you want to become an informed investor and be in position to understand what is evolving in the financial environment and be in a position act accordingly. Here they are.
Read More »We’re All Cued Up For A Bear! Here’s Why (+2K Views)
When taking a step back and viewing longer-term gauges, we see warning signs flashing. Many of these readings are in extreme territories, and historically bear markets have occurred from such overbought positioning. We are all cued up for a bear!
Read More »Gold Price Dependent on Extent of Money Supply NOT Direction of US Dollar Index – Here’s Why (+2K Views)
...When the USD starts to rise many assume that this is negative for paper gold ETFs such as GLD as well as physical gold. I'm sure you have heard it before, if the USD goes up then gold goes down, and vice versa...but, in reality, this "rule of thumb" isn't the case and, in actuality, it would be impossible for the USD and gold to trade inversely with each other. Let me explain.
Read More »High Inflation IS Coming – It’s Just A Question Of When – Here’s Why
There have been many econoblog posts of the form, "ha, ha, the people predicting inflation have been wrong so far, when will they give up?". Let me try to explain why we know high inflation is coming eventually.
Read More »Your Degree of Happiness Depends On Where You Live In the U.S. – Take a Look
Recent research has determined that there are significant degrees of happiness among Americans depending on what cities and regions of the country they live in and that, in particular, those living in cities with declining populations were exceptionally sad.. This post provides a make-up of the research and a map of the U.S. illustrating the various degrees of happiness - or unhappiness - by area.
Read More »What Are Factors That Motivate Gold Saying Today?
What happens when gold has transitions from a cyclical bull market to a cyclical bear market? What motivates gold to enter a bull market phase? This article has the answers.
Read More »Take Note: A Bubble Isn’t Necessary To Have A Sharp Decline In Stocks
With valuations stretched, investors seem to be justifying their stock purchases here with the argument that we have yet to reach the mania of 1999-2000 but history has shown us that there doesn't have to be a bubble for there to be a sharp decline in stocks. As we saw in 2007, it doesn't mean there is no risk of a significant market decline or that valuations are compelling and that investors should be expecting above average long-term returns from here. They should not.
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