Sunday , 5 May 2024

Lorimer Wilson

A Full-blown International Bond & Currency Crisis is Approaching – Fast! Here’s Why (+2K Views)

Over the past two months stock markets have crashed around the world and gold prices have soared as global investors decided that the U.S. has lost its race against time. A new recession is upon us before we even half-closed the output gap left open from the last recession. It means even larger deficits and an even weaker dollar. The price of gold and Treasury bonds is telling us that a full-blown international bond and currency crisis is approaching. There is no international policy mechanism available to stop the panic short of re-opening the gold window that the U.S. closed unilaterally and “temporarily” in 1971. [Let me explain.] Words: 3025

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Ron Paul: Love Him or Hate Him, His Investment Approach is a Big-time Winner!

GOP presidential contender Ron Paul has predicted nearly all of the major economic developments in recent years - the housing collapse, the plunging dollar, and the rise of precious metals - and, as such, has killed the major market averages with his approach. [In fact,] he is a master investor with a track record that would make many of the Street's top hedge funds envious! [Let's take a look at his portfolio and compare its performance to that of the S&P 500.] Words: 665

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Can Such a High Price for Gold Be Justified? (+2K Views)

Gold's value should depend on the economic and political situation of the time. Right now there are fears of hyperinflation, collapse of the eurozone and even a collapse of the entire financial system. Gold should be worth more than its historical average, but how much more? Words: 3063

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We Can Now Rule Out Another Housing Collapse, Can't We?

According to both the Case Shiller and RadarLogic indices housing prices have been essentially flat for the past 2 years after having fallen by a third from their 2006/7 highs. [That being said, surely we can now rule out another collapse, can't we? Words: 764

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Roubini, Schiff, Rosenberg and Whitney Agree: Another Recession Is At Hand! Here’s Why (+2K Views)

Michael Spence, professor at New York University’s Stern School of Business and winner of the 2001 Nobel Prize in economics, believes there's "probably a 50%" chance of the global economy slipping into recession. Nouriel Roubini disagrees and says flatly that a recession is coming and that it is a mission impossible now to stop it. The Philadelphia Federal Reserve Bank places the odds at 85% of a recession. David Rosenberg, another very savvy economist, says that by 2012, the chance of a second recession is 99%. Peter Schiff, who with Roubini, correctly and accurately predicted the collapse on Wall Street and ensuing recession, thinks one is 100% certain. [Let's take a look at why they hold such views.] Words: 829

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What to Watch For When Considering Companies to Invest In

Investing in the stock market is hard enough. The last thing you need is to find yourself owning a company that has questionable accounting, disclosure or other policies. [Below is] a review of 5 things you should watch out for when investigating companies for a stock investment. Words: 740

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The Five "M’s” for Picking Gold Mining Stocks (+3K Views)

With gold miners, in general, so attractively valued relative to the gold bullion price, the question becomes which stocks are the most compelling and have the best leverage to robust precious metals prices...In order to find the diamonds in the rough, I use what I call “The Five M’s” for mining stocks... Market cap, Management, Money, Minerals and Mine life cycle. [Let me explain each .] Words: 1146

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