Our view remains unchanged: continue to buy and hold as much physical gold and silver as your situation/comfort zone allows. Silver should continue to outperform gold.
Read More »Are You a “Greater Fool” These Days? (+2K Views)
It does not matter if stocks are insanely overvalued as long as there's a foolish participant who is willing to pay a higher price. That's the essence of the "greater fool theory" and, right now, there are more foolish buyers who want "in the game" than risk-reducing sellers who want to scale back.
Read More »What Goes Up Exponentially Eventually Drops Like A Stone – Got Gold?
When growth becomes exponential the likelihood is that it won’t last and that there will a substantial move in the opposite direction. This article looks at the unsustainable trends in most asset classes, population numbers, inflation and credit growth and discusses the dire consequences that are most likely to unfold in the years to come as a result.
Read More »Silver: Will It Really Reach $1,000 a Troy Ounce? (+2K Views)
Keith Neumeyer believes the silver price could hit $1,000 an ounce. Could such an increase really be in the cards for the white metal?
Read More »The U.S. Dollar Is Toast – Sell! Here’s Why
As I've argued several times, the dollar is simply toast....The signals continue to shout a clear "Sell!" Here's why.
Read More »Debt: A Trillion Dollar Investment Opportunity (2K Views)
American credit card balances will hit $1 trillion in 2016, a debt burden that has never been reached before, not even during the go-go days of the dot-com boom. On the other side of the coin is the fact that there is a lot of profit to be made on the lending side of those trillion dollars of debt as the average interest rate on credit cards today is a whopping 15.19%. Given that the national average for 1-year CDs is a measly 1.09%, it is clear that credit card companies are making lots of money.
Read More »Get Out Of the Market On Occasion – It’s the Most Profitable Strategy – Here’s Proof
Some time out of the markets during the tech wreck (2000-2002) and the financial crisis (2007-2009) was beneficial to maintaining their standard of living going forward. Then, like now, some dry powder in the form of cash/cash equivalents helped reduce volatility. Then, like now, cash is how one can acquire desirable assets at lower prices down the road.
Read More »Outsourcing: Everything You Need To Know But Were Afraid To Ask
Below is an infographic illustrating the outsourcing industry in the U.S. that provides everything you need to know but were afraid to ask.
Read More »Gallop Poll: Confidence In U.S. Banks Has Plunged Dramatically
According to a new Gallup poll, of all the major institutions that Americans come into contact with throughout their daily lives, the percent of people who say they have a "great deal" of confidence in banks has plunged more than any other institution since June 2006.
Read More »10 Things I Hate About U.S. Stocks As We Move Into Summer
I'm becoming increasingly pessimistic that we could see a meaningful downside episode in the S&P 500 that's potentially sustained before the leaves are turning brown on the trees in the fall.
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