Saturday , 2 November 2024

Lorimer Wilson

Fed's Actions Are a Path to Ruin NOT Prosperity! Here's Why

Currency wars arise when a country steals growth from trading partners by cheapening its currency to promote exports. The new currency war began in 2010 when President Obama declared in his State of the Union address that it was the policy of the United States to double exports in five years. Since the U.S. would not become twice as productive in five years, the implication was the U.S. would severely cheapen its currency to achieve this goal. [Let me expand upon this.] Words: 666

Read More »

Greek Bailout Keeps "United States Of Europe" Dream Intact…for Now!

Much of what we see and don’t see regarding the modern-day tragedy that is Greece, is all about perserving the dream of a pan EU/European nation state, a United States of Europe if you will, rather than about bailing out the foreign bank holders of European sovereign debt. Let me explain my perspective. Words: 627

Read More »

Graphite: The Newest HOT Resource Investment! Here’s Why (3K Views)

The word 'fad' doesn't exist in the minds of true miners and prospectors. However, fads are something that people like you and I can make a lot of money investing in if we are ahead of the curve and right now I believe the graphite sector is in the early stages of the 'fad' and will provide a ton of profitable opportunities. [Let's take a look at just why, where and when you should get positioned in this fast developing sector.] Words: 1535

Read More »

Hyperinflation in the U.S. is Possible But Unlikely – Here’s Why (+2K Views)

I respect many of the writers who believe that we will experience hyperinflation... but I think they are jumping the gun. Hyperinflation is something that is easy to say - and it certainly achieves the sensational headlines that so many financial writers seek - but it is much more difficult to achieve. At this point none of the economic or political factors required to set off hyperinflation are present. The question should not be whether or not it is possible, but whether or not it is probable in America today and in my opinion the probability of such happening is very low. [Let me explain why that is the case.] Words: 2695

Read More »

Crude Oil Supply, Demand and Price Projections are Flawed – Here's Why

When it comes to the future of oil, there is much speculation, but little hard analysis. You have the official line from the IEA that has oil prices stopping their abrupt rise and creeping up at a comfortable pace for the next 25 years. You have peak oilers shouting that we've run out of oil and the end is near. [Let's take an indepth] look at the various models and forecasts [and determine] what is logical, what is wild speculation, and what you should expect for oil prices in the coming years. Words: 1410

Read More »

Current U.S. Economic Woes Result of Major Structural Shifts in Economy

Our government is broken. Our economy is broken. Our infrastructure is crumbling. Our major institutions — education, religion, culture — are inadequate to the tasks at hand. These are all signs of an old world passing away and clearing the way for a new one to arise in its place. The sooner we let go of our assumption that going back is desirable, or even possible, the sooner we’ll be able to fully embrace the new things that lie ahead. [Let me explain.] Words: 1891

Read More »

A Look at Inflation Specifics Over the Past 5 Months

Core CPI [continues to rise, remaining] above the Fed's inflation target of 2%. [That being said,] how inflation is impacting our personal expenses depends on our relative exposure to the individual components. [Let's take a look at the specifics.] Words: 291

Read More »