Saturday , 18 May 2024

Lorimer Wilson

James Turk: Here’s the Real Reason the Gov’t Confiscated Gold in 1933 (+2K Views)

FDR confiscated American’s gold for the same reason Lenin confiscated it in Russia and Hitler confiscated it in Germany, namely, to get it out of the hands of the people. [That view is contrary to the prevailing belief that such was done] to re-establish confidence in the dollar. [Let me explain the background of this confiscation and my rationale for coming to such a conclusion.] Words: 815

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Busy? Then You Might Have Missed These Top 10 Articles of the Week

We all live extremely busy lives and often fail to keep up with the most informative articles posted on the internet. munKNEE.com searches the internet for such articles out there and posts the best of the best in an edited and abridged format each and every day for the sake of clarity and brevity to ensure a fast and easy read. Below are links, with introductory paragraphs, to the 10 most popular for this past week in descending order. You're busy so save time by just reading those that interest you most and Sign-up for Automatic Receipt of Articles as they get posted on munKNEE.com - Your Key to Making Money! Words: 1150

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Greek Fiscal Irresponsibility Is No Surprise! Here's Why

Is it a coincidence that Greece, a country with a 40% smoking rate, has dug itself into such a financial mess? What is fiscal irresponsibility, if not an unwillingness to deal with discomfort today in exchange for future financial health? [Let me explain why an analogy to a country's addiction to smoking is so appropriate when considering the Greeks' attitude to their country's sovereign debt woes.] Words: 650

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Health of World’s Monetary System Moving Into Terminal Stage! Here’s Why (+2K Views)

The time is now fast approaching when all debt will be defaulted on...A debtor's default will impact the creditor (who is usually also a debtor to yet other creditors), causing him to default, and so on. When this begins in earnest, it will wipe out the banking system and thus everyone's "money." The paper currencies will not survive this. We are seeing the early edges of it now in the euro, and it's anyone's guess when it will happen in Japan, though it seems long overdue already. Last of all, it will come to the USA. The purpose of this article is to present the early-warning signal and explain the actual mechanism to these events. Words: 1386

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Charles Nenner’s Cycle Analysis Predicts Dow to Peak in 2012 and Then Decline to 5,000 – and Much More! (+2K Views)

Charles Nenner has been accurately predicting movements in the liquid markets for more than 25 years, and his most recent cycle analysis predicts that the current stock market rally is going to last through Q2 and then begin a major descent in 2013 - with the Dow eventually reaching 5,000! Read on to learn how Nenner's unique system works and what he forecasts for commodities, currencies, bonds, interest rates and more. Words: 435

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James Turk: Silver Will Climb to $68-$70 in 2 to 3 Months (+2K Views)

Silver will climb to $68-$70 in 2 to 3 months once resistance at $35 is taken out... In many ways silver is positioned today like it was back in the summer of 2010... Regarding gold, as goes oil, so goes gold...and the bottom line is that the wind is at the back of the bulls in both the gold and oil markets.

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Major Price Inflation Is Coming – It’s Just a Matter of Time! Here’s Why (+5K Views)

The developed economies of the world have opened the money spigots...[and this] massive money and credit creation is sitting in the banking system like dry tinder just waiting for a spark to set it ablaze. How quickly it happens is anyone’s guess, but once it does we are likely to be enveloped in a worldwide inflation unlike anything before ever witnessed. [Let me explain further.] Words: 625

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Which Will It Be: Gold is About to Go Way UP or the Dow is About to Go Way DOWN?

It is very understandable why investors believe America’s engines are ready to roar again because economic indicators in America are turning up even though bad news barrages us from all sides... [That being said,] I believe the Dow Jones Index has not bottomed when viewed from an historical perspective with gold. We have further to go down in the Dow/gold ratio before the next big bull market begins. [Let me explain.] Words: 1250

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