Industrialised countries today face serious risks – for their financial sectors, for their public finances, and for their growth prospects. This column explains how, through our financial systems, we have created enormous, complex financial structures that can inflict tragic consequences with failure and yet are inherently difficult to regulate and control. It explains how this has happened and why there are more and worse crises to come. Words: 2434
Read More »Passport Potash Inc. (TSX.V:PPI): Your Passport to Profits?
I had the pleasure today of attending a presentation by Passport Potash Inc. (TSX.V:PPI & PPRFT:OTCQX) that is "Cultivating Global Growth" in its pursuit of profits. It is an interesting story. Let me share it with you. Words: 560
Read More »Commentary on QE3 Exclaims: "We Have Been Warned!"
QE3 looks like a desperate act to feed money to large banks, offload MBS toxic waste from their balance sheets, devalue the dollar against houses, commodities, and other currencies and create significant collateral damage in the form of consumer price inflation according to a number of respected economists and critical thinkers on the subject of QE3. [Let's take a look at what they have to say.] Words: 1661
Read More »Continuing Economic Problems In U.S. and Eurozone Suggest Investing In Economies That Work, Like China – Here's My Rationale
I believe that the engine of global economic growth for the next five-year period will be China. I firmly also believe that it's not only appropriate, but critical for investors, even those whose focus is trading rather than investing to now take a look at China equities based on long-term investment horizons. [This article does just that with some specific investment suggestions.] Words: 1581
Read More »There's Nothing Certain in Life Except Death,Taxes & $2,300 Gold by Jan. 2014! Here's Why
While many of us don't like making price predictions, and certainly ones accompanied by a specific date, it's hard to ignore the correlation between the U.S. monetary base and the gold price. That correlation says we'll see $2,300 gold by January 2014 - and $2,500 by the end of 2014. [Let me explain.] Words: 567
Read More »This Detailed Analysis Suggests the U.S. Housing Crash Is Finally OVER! (+2K Views)
For the past few months, existing home sales levels have been weaker than expected. The focus, however, should not be on the weakness of the headline numbers. In actuality, the softening in existing home sales is showcasing the potential for acceleration in new home sales. [Let me expain.] Words: 1205
Read More »Gold & HUI About to Turn Upwards, Reach All-time Highs By Year-end and Continue Dramatically Higher into 2014! Here's Why
...Gold is about to undergo a profit-taking event...as a result of the USD beginning a rally, probably beginning today. I'm looking for the dollar index to test the downward sloping 200 day moving average [see chart below] before rolling over and continuing the secular trend. This should drive gold down into a final intermediate degree bottom around $1694 or so before testing the all-time highs at or slightly above $1900 sometime before the end of the year. [Let me explain why that is most likely going to happen.] Words: 401
Read More »U.S. Economy In the 'Eye Of The Storm' – Here's Why
Optimism has seized stock markets in the past month on the back of better economic data in the United States and a late-summer lull in the euro crisis. Market volatility is at its lowest level in years. [That being said, however,] BofA's top economist Ethan Harris...thinks the U.S. economy is "in the eye of the storm" right now. Below is what Harris sees on the horizon. Words: 363
Read More »This Is What "Falling Off The Fiscal Cliff" Really Means – and It is DIRE!
We all know that high debt is a growth killer and, at the moment, the U.S. has a budget deficit of about $1 trillion. That's a very big number...The question is, at what point do countries have to deal with high debt levels? How high do debt levels have to be before one has to deal with the problem by lowering budget deficits? Also, what are the consequences of such debt and budget reductions? Words: 500
Read More »Here are Some Good Reasons to Consider Investing in China Again
With negative sentiment toward China reaching an extreme in recent months, patient investors have been rewarded with this week’s news of improving data from the Asian giant. [In fact, according to BCA] this appears to be a good time to be investing in China, as stocks are historically cheap. Words: 760
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