Saturday , 2 November 2024

Lorimer Wilson

Get Positioned: "Gold Rush" Will Cause Gold Stocks to SOAR – Here’s Why (+3K Views)

Whatever their reasons, the number of investors wanting exposure to gold is increasing. Many who ignored it a decade ago are now buying. Those who started buying, say, five years ago, continue purchasing it today in spite of paying twice what they paid then. Slowly but surely, it's becoming more important to more people...but what happens when it becomes a must-own asset to a substantial majority instead of a small minority? Sure, the price will rise, probably parabolically, but putting aside speculation on the price of gold for now, have you thought about what happens if you have trouble finding any actual, physical gold to buy? [Let's explore that possibility and what that would mean for gold stocks in such an eventuality.] Words: 870

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Americans Greasing the Tracks for a Financial Crash! Here's Why

For the bulls yesterday's news of a much higher-than-anticipated jump in consumer borrowing is yet more proof that the recovery is on track. [For the bears it is outright confirmation that America's spending is setting it up for a major financial crash! Let me explain.] Words: 527

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Pento: Looming Debt Market Collapse to Destroy the Dollar

For the uniformed on Wall Street and in Washington, the growing tide of red ink is a signal that America is returning to normalcy. The only problem with that is our so called ‘normalcy’ is rapidly leading us into insolvency. The sad truth is that our desire to consume foreign made goods, with money that is borrowed, is evidence that our country is growing weaker by the day.

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Here Are 2 Benefits of Devaluating the USD and How It Could Be Achieved

The primary obstacle to economic recovery is widespread insolvency among households and banks (meaning liabilities exceed assets). A consumer who is broke cannot spend, and a bank that is broke cannot lend. Devaluing the dollar would reduce the real value of the debt (increase the nominal value of the assets), rendering millions of households and most banks instantly solvent. [Let me explain.] Words: 590

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Gold & Silver: THE Answers to Escalating Financial Doom

Every fiat currency known to man has failed at one time or another - every one - and ours will be no exception! What factors are contributing to this eventuality and what can be done to protect ourselves from this impending event? [Let me explain and provide you with links to 37 supportive articles to give you a complete picture of what is unfolding and why.] Words: 2700

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2 Misguided Assertions About Gold – Read On Mr. Buffett!

In which form would you prefer to hold your monetary savings -- in the form of money that banks can create in unlimited amounts out of nothing, or in the form of a metal that has been used as money for thousands of years and whose supply never increases by more than 2% from one year to the next? The answer...isn't necessarily straightforward [as] a lot depends on the policies being implemented at the time by central banks and governments [- but let me try.] Words: 1300

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U.S. Fiscal Situation MUCH Worse Than Government Lets On!

I believe our fiscal situation is much worse than most people realize. True, the situation might be resolvable with a hard-nosed turnaround specialist in charge [Romney?] but, even here, the emphasis is on “might”! In a political context, where citizens have been conditioned to believe they are entitled to live at the expense of government (i.e other citizens because, after all, government has nothing that it first does not take from someone else), the situation is beyond hopeless. Let me address the true economic situation of the U.S. by way of an email I received from a regular reader recently. Words: 615

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Major Investment Opportunities Exist In Agriculture! Here’s 50 (+2K Views)

The agriculture sector has long been a popular place for commodity trading. After all, it was with agricultural futures that commodity trading got its start. Farmers had originally used these contracts to help offset any losses in crop yields. Now, the agricultural space has blossomed into a market chock full of options for investors, but many investors are still unaware of the vast opportunities that this sector offers. [Let us change all that!] Words:2376

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