Like, ‘depression', ‘recession' has become an unacceptable word, because its use would drain confidence even more heavily. The housing market is already tipping into another negative slide with new house sales falling and mortgage rates at record lows. What can be done? We...see more quantitative easing as being unavoidable within three months, if the bad news continues. This time, [however,] we have to ask, can it be managed without frightening side effects? Words: 833
Read More »Stöferle: Groundwork Being Set for Major Gains in Gold and Silver
While gold has outperformed all other asset classes in the past ten years, an analysis of our current economic and financial environment indicates that the ongoing increase in precious metals has only just begun and should ensure a sustainably positive environment for gold [and silver, gold and silver shares and the warrants associated with gold and silver companies in the years to come]. Words: 2095
Read More »Now Underway: A Spiral of Debt Deflation Into a Bottomless Economic Abyss! (+2K Views)
von Mises once said, “There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later, as a final and total catastrophe of the currency involved” and just that is happening before our very eyes. Words: 2242
Read More »Those With Debts Will Go Broke in Coming Deflationary Depression – Here’s Why (+2K Views)
We have had massive monetary creation for decades now which we have finally come to the day of reckoning. We do not know if the top will be next month, next year or even later but we certainly are getting to the top where we cannot buy our way out of the problem through a new stimulus injection... The truth is that a terrible, deflationary depression is probably starting in the coming months. Words: 1581
Read More »The U.S. Is At The Edge Of A Growing Deflationary Sinkhole
The U.S. caused the 1930s deflationary depression and is again the cause of the current contraction. Although similarities exist between the two, the differences between them insure a far more consequential outcome today than in the 1930s. [Indeed, the world] now finds itself on the edge of a growing deflationary sinkhole created by the sequential collapse of two large U.S. bubbles, the dot.com and U.S. real estate bubbles. Words: 1549
Read More »The Debt Deflation Theory: Why We Should Worry and What We Should Do About It
It remains to be seen if we will experience a deflationary period, but if we do, obviously cash will be king. Always remember: the best have cash at tops and bottoms of markets. [Are you one of 'the best'?] Words: 453
Read More »Major Changes in Inflation, Interest Rates, ‘Taxes’ and U.S. Dollar Coming (+2K Views)
The economy is now so manipulated by politicians, big bankers, and special-interest groups that making sense of the markets has become an almost impossible feat. Which is to say, it must push even harder on the levers of its printing presses, further setting the stage for the massive period of inflation we continue to see as inevitable… and for a stunning rise in interest rates. Words: 968
Read More »Beware: Government Claim of Low Inflation is Just B.S.!
Our leaders in Washington are so detached from reality it begs the question, "What are they smoking?" I'm not talking about the insane amounts of spending that's going on in our capital, or even about the patently unpayable debts and promises they're making to all of us and our foreign creditors. Although I think these things, too, result from whatever drugs they're on inside the beltway I am referring the way Washington manipulates its official statistics. Words: 1107
Read More »Here’s the Best Way to Protect Against Inflation AND Deflation (+2K Views)
There are very compelling arguments for both inflation and deflation. The answer will eventually depend on decisions made in Washington and how people react to those decisions. For now, let’s stop fooling ourselves and admit that we don’t know. It is a problem that has to be dealt with and there is no easy medicine. Either path will be painful, but that’s what we get for our two and a half decade debt binge. Words: 1142
Read More »"The Inflation Crisis and How to Resolve It" – A Book by Henry Hazlitt (+2K Views)
What actually is inflation? Is it inherent in a free market economy? Who or what is the cause? Can inflation be stopped, and how? What to do? Most people are desperately confused and searching for answers. Society is facing nothing short of a crisis. Words: 850
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