We are in the latter stages of the debt death spiral where debt and interest payments can only be made by adding more debt. This process has a sure ending. Like the flush of a toilet, the spiral goes faster and faster until it finally ends. [Let me put forth just how serious the problem is.] Words: 431

We are in the latter stages of the debt death spiral where debt and interest payments can only be made by adding more debt. This process has a sure ending. Like the flush of a toilet, the spiral goes faster and faster until it finally ends. [Let me put forth just how serious the problem is.] Words: 431

The evidence of a slowdown has become so overwhelming it is difficult to avoid the conclusion that we are headed for a recession. We cite the following as evidence. Words: 548

Goldman analysts Noah Weisberger and Aleksandar Timcenko are out with their July presentation on the state of the global economy...[and while] the charts paint a decidedly negative picture of the global economy...some of Goldman's proprietary indicators – including their Global Leading Indicator and the Swirlogram – suggest there may be bright spots.

The world’s economy is passing through a low growth environment and this is in stark contrast to the first half of the last decade, when we had a global boom. Today, Europe is on the brink of recession, the US economy is growing at only 2% per year and it appears as though China is facing a major slowdown. Given these circumstances, we are of the view that the prices of natural resources will struggle to retain last decade’s momentum. [Let me explain further.] Words: 745

At the risk of looking/sounding like some crazed religious fanatic usually seen carrying a sign or proclaiming: “Repent, the end is near,” I shall avoid the word “repent". To me, the rest of that proclamation appears accurate and reasonable, at least with regard to our economic condition. [Let me explain:] Words: 1896

How many ounces of in-situ gold exist? How many gold mines exist in Canada and elsewhere? How rare is a 1.0 million ounce undeveloped deposit? This report answers these questions and more while providing insight into the scarcity of mines & deposits.

How many ounces of in-situ gold exist? How many gold mines exist in Canada and elsewhere? How rare is a 1.0 million ounce undeveloped deposit? This report answers these questions and more while providing insight into the scarcity of mines & deposits.

In the next 2-4 weeks I would not be surprised to see the S&P500 hit 1400/1450. In the ensuing 4 months (i.e. by the end of November), however, I expect global equity markets will fall by 20-25% from current levels and to trade at or below the lows of 2011! That would bring the S&P500 down to 1100/1000. That's not all. In December I expect the Fed will introduce a $1 Trillion QE. Words: 921

The once unthinkable might become policy: negative nominal interest rates. Investors should care as they may be increasingly punished for not taking risks yet masochistic investors believe they may be the prudent ones given the risks lurking in the markets. What are investors to do, and what are the implications for the U.S. dollar and currencies? Words: 779