Sunday , 24 November 2024

Lorimer Wilson

The U.S. May Engineer A “Soft Default” – Here’s Why and How (+2K Views)

When government is wounded, trapped and desperate, it lashes out like a wild animal. Survival in the political class is just as strong a drive as it is in the wilderness. I don’t know how government will lash out, but you are likely to see laws, restrictions and behavior you never imagined....Washington has demonstrated it will “print money” in whatever quantities necessary to stave off a sovereign bankruptcy and a Great Depression but this strategy cannot work forever because existing debt is already too high to be serviced. It is only a matter of time before the U.S. economy succumbs - unless it engineers a 'soft default' [which will save it's ass and get you shafted! Let me explain.] Words: 1394

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No Fiscal Changes Coming Soon – or Ever – to U.S.! Here's Why

The ending in the U.S. will be similar to that in Greece. It is assured for the same reasons. The Democrats will lose the 2012 election...and the Republicans will control government for the next two years. Whatever enthusiasm initially exists will dissipate as soon as the polls show how unpopular austerity is. If they try to cut spending, they will suffer the same fate as the European Austerians. [Let me explain.] Words: 1116

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China & India to Drive Diamond Demand this Decade to New Heights – Here's Why

China and India are about to drive diamond demand through newly affluent population. In the world diamond retail market, Asia in 2005 made up 23% of purchases. In 2020, they will make up 57%! Such growth in diamond demand should make for a sparkling future for those who invest prudently. In the infographic and copy below you will learn all about diamonds.

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Gold/Silver & Mining Stocks Going From Their Cycle Bottoms to Parabolic Peaks by 2015 (3K Views)

Once every year gold and stocks form a major yearly cycle low while other commodities form a major cycle bottom every 2 1/2 to 3 years. Occasionally all three of these major cycles hit at the same time....That's what's happening right now and it should lead to a powerful rally over the next 2 years, culminating in 2014 when the dollar forms its next 3 year cycle low. Words: 622

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Bonds Are NOT a Safe Place to Be – Here’s Why (+2K Views)

For those who think bonds are a safe place to be, you might want to reconsider. In addition to rising sovereign risk (yes, for the U.S. as well as other countries), there is interest rate risk....[should you not] hold it to maturity. If interest rates rise, then the value of your bond falls (Bonds can produce capital gains/losses, just like stocks.) and the possibility of interest rates rising is pretty good. Words: 530

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What Would the Consequences Be If Greece Exited the Eurozone?

Given what is going on in the Eurozone - particularly with reference to Greece and Spain - but also with reference to France, Italy, Portugal, and the Netherlands, things seem to be increasingly spinning out of control. Should Greece exit the Eurozone there will most certainly be contagion issues arising which will be important to you whether you invest in the financial markets or not. Let's take a look at them. Words: 502

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Is a Plan Afoot to Introduce a New Dollar to Repudiate America’s Piles of Debt and Derivatives? (+2K Views)

Any thinking person with a calculator knows that the current global monetary system is going to fail given enough time. Rather than going through the charade of more quantitative easing, what if the central banks, the collaborating Western governments, and the financial elites decide to let the system fail now? [What if]...people in control...have a plan...to accelerate the emergence of a new dollar.

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Is This Surge In Gold a "Dead Cat Bounce" or a "Flight to Safety"?

What does [this surge in the price of gold] mean?...Is it just a proverbial “dead cat bounce” or is it that the death of the Euro is beginning to be priced into the markets....Will it continue? While no one can answer these questions with certainty my thoughts (guesses) are discussed below....Words: 380

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