'Tis the annual forecasting season. Every economist with a model is publishing detailed forecasts for the U.S. and world economies for 2013. I have no model, and my degrees are in history and law but the signs now are clearer than they have been in some time: 2013-2015 should see beneficial growth of the American economy and that will translate into good results for some companies and good returns for some stocks. [Let me explain my conclusions.] Words: 902 ; Charts: 1
Read More »Gold & Silver Are Nowhere Close to Bubble Territory – Here Are 5 Reason Why
While the debate rages on about whether or not gold/silver are in some kind of investment bubble, the facts completely obliterate any possible argument supporting the "bubble" thesis. [Here they are.] Words: 585
Read More »India Is Behind the Weak Price of Gold – Here's Why
Gold just can't seem to get any traction any more. The Feds announce QEternity, and gold moves down. Fiscal cliff talks fall apart, and gold still stagnates. Why is this the case? I think weak Indian demand is the culprit. [This article explains why that is the case and why that could be exacerbated in 2013.] Words: 1100
Read More »The Markets & Politicians Got It Right: The Fiscal "Cliff" Is/Was Nothing to Panic About
Why are Congress and the White House not panicked about the looming fiscal "cliff"? Why has the Dow pulled back only 2% rather than plunging 2,000 points as time to forge an agreement by year-end has foolishly dwindled down to just a couple of days, and odds of it happening have become remote? Probably because the markets and politicians are aware that the economy is not going to suddenly plunge over a cliff into an abyss on January 2 if an agreement has not been reached by then. [Let me explain just what it does mean, though.] Words: 785
Read More »New Consumer Earnings & Spending Data Show U.S. & E.U. Citizens Living Way Beyond Their Means
The west is living far beyond its means and is struggling with pitifully anemic growth. This is a long-term trend, and one that is only going to accelerate. Nevertheless, as obvious as the indicators may be, few people will actually do anything about it. A lifetime of propaganda will plant many heads in the sand, ignoring the dangers and opportunities all around. [Let's take a close look at just what these indicators are.] Words: 311
Read More »Availability Of, and Demand For, Silver vs. Gold Suggests MUCH Higher Future Prices for Silver (+3K Views)
The current availability ratio of physical silver to gold for investment purposes is approximately 3:1. So, why is it that investors are allocating their dollars to silver at a much higher ratio? What is it that these “smart” investors understand? Let’s have a look at the numbers and see if it’s time for investors to do as a wise man once said and “follow the money.” Words: 1052; Tables: 1
Read More »Here are Some Articles on Gold & Silver You Might Have Missed Over the Holidays
Here are introductory paragraphs and links to 11 of the “best of the best” articles on gold and silver that you might have missed getting ready for Christmas. Each article has been edited for the sake of clarity and brevity to ensure you a fast and easy read. Enjoy!
Read More »Today's Investment Approach Must Change to Survive Tomorrow's Major Economic Changes – Here's How
The world is hurdling toward what seems to be certain economic collapse so, if your expectations are similar to mine, then you should be exploring ways to prepare for something that eventually will become an economic dark age. Investment performance is always relevant and it has never been more important than in these difficult economic times - nor has it ever been more difficult. Markets have already changed and are getting worse...As the economy worsens, market movements [like the two 50% declines we have seen since 2000] are likely to become more pronounced [and, as such,] it behooves anyone with exposure to the stock market to understand what is happening and [take action to] protect themselves against further 50%, and possibly larger, downsides. [This article outlines how best to do just that.] Words: 1491; Charts: 2; Tables: 1
Read More »12/12/12: 12 Charts Covering the 12 Months of 2012
As the year comes to an end, it is natural to reflect back on what has occurred. From an economic standpoint, there has been no improvement. The economy is barely above water and nearing exhaustion from treading water so long. Will it have the energy to get through 2013 or will it succumb to the forces that are dragging it down? [For the answer] I invite you to look at these 12 charts below. They should disabuse you of any misplaced optimism.
Read More »U.S. Debt 101: If the U.S. Were A Stock Few Investors Would Own It – Here’s Why (+2K Views)
There has been a lot of media coverage about the United States' debt issue these days. Why should we care? Because as U.S. citizens, we all own stock in this "company" called the United States of America (let's say the ticker symbol is USA). We purchased this stock through the various taxes we pay every year (income tax, payroll tax, corporate tax) and we receive dividends through the various benefits we receive every year (security provided by defense budget, Medicare/Medicaid benefits, Social Security benefits, etc.). This article attempts to explain the U.S. national debt in simple layman's terms by analyzing the United States and its debt issue as if it were a stock investment. Words: 1929; Charts: 5; Tables: 1
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