One of the things that's being lost in the welter of rhetoric around the debt crises of sovereign nations is that these are not normal debtors, and government debt is not the same as personal debt. If you or I are in debt we are obliged to fulfil the terms of our repayment obligations or to go bankrupt or to pretend to die and go off and live on the life insurance. A country in the same situation has a range of other measures available to it...[Let's explore their options and what their implications would be for the country and its citizens.] Words: 1145
Read More »The 5 Stages of Collapse: Where Are We Currently? (+4K Views)
In light of the unfolding global sovereign debt fiasco that has turned out to be less of a waterfall and more of an avalanche [than anticipated I present below a description of the 5 stages of collapse and discuss our preparedness. If you haven't read it yet, perhaps you should.] It has been read by 70,000+ people so far - and is still being read by an average of 1,500 people each month - on my site alone. Words: 2525
Read More »Will Canada Soon See a 20-30% Correction in House Prices? (+2K Views)
Canadians are becoming increasingly vulnerable to a housing correction, exposing them to a perfect storm of high debt and falling assets, the Bank of Canada warns...suggesting that many Canadians have constructed their finances on a house of cards, with ever rising home values the key and vulnerable support. [Sound familiar?] Words: 770
Read More »What Do Americans Fear Most for Their Economy?
There's been a major swing in what people now fear the most for the U.S. economy. Take a look. Words: 255
Read More »Will Gold Peak at $2,500, $8,890 or $15,000? (+2K Views)
When considering that the conditions which propelled gold and silver to their 1980 highs are much worse today, I predict both metals will easily eclipse those previous highs. That means $2,500 gold and $150 silver at the very minimum, but more likely a parabolic ascent to $8,890 gold and $517 silver before all is said and done. Words: 1063
Read More »"Money Illusion" is Blinding You to Reality! Here's How
Despite the practical impossibility of real comparisons we know perfectly well that the value of a dollar or a pound, shekel, rouble or euro isn’t what it used to be...This fact, however, doesn’t stop us from almost exclusively focussing on how much money we have today rather than what it can purchase for us: we think about money in nominal terms rather than real ones [- and that is what is known as money illusion. Let me explain.] Words: 873
Read More »When Will Inflation Expectations & Stocks Stop Moving In Lockstep?
The stock market and inflation expectations remain joined at the hip. As the crowd anticipates higher inflation, the stock market rallies, and vice versa. This positive correlation between inflation and stock prices (a proxy for the economic outlook) won’t last forever and it’s anyone’s guess when [that will be but I have my views on it if you are so interested]. Words: 557
Read More »Dow 13,000 is Meaningless When Priced in Gold! Here’s Why (+2K Views)
Dow 13,000 is a meaningless number! [True] the DJIA index has touched that number for the first time since 2008 but, when priced in gold, it has actually declined. Let me explain. Words: 245
Read More »5 Essential Strategies for Prospering in Today's Markets
[I have identified] five "Great Deceptions" lurking out there that, individually and collectively, have the potential to wreck your portfolio. [That being said,] I also have five protective strategies to help you avoid getting slammed. Words: 998
Read More »Gold Bugs: Here’s How to Make the Most of the Continuing Bull Market in Gold! (+3K Views)
All you gold bugs out there (and budding gold bugs too!) should find this article of extreme interest. With gold about to make a major move upwards in price NOW is the time to position your gold-investment allocation to maximize your dollars deployed and returns generated. Those in the know will not be investing in physical or paper gold, or even the stocks of the miners, but in the long-term warrants of the very few mining companies that offer such an opportunity. This article provides a primer on the MAJOR advantage that long-term warrants have in a market upleg and identify the specific warrants that are available. Words: 1037
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