This article is probably going to draw a lot of heat. Regardless, I feel it is only fair to present both sides of the argument when it comes to owning physical gold vs. owning gold ETFs. [Here they are.] Words: 497
Read More »4 Reasons Europe is a Major Risk for U.S. Stocks
[While] it is true that the US economy is doing much better than Europe’s, and especially southern Europe’s, from my perspective, the trajectory of the U.S. economy and the U.S. stock market are very much tied to eurozone events. Here are four reasons why U.S. investors should not underestimate the potential impact of events in Europe. Words: 450
Read More »Does Gold’s "purchasing-power-protection" Price History Suggest Gold is Over-priced? (+3K Views)
The spectacular rally in the gold price over recent years [has] many observers asking if the precious metal has not moved ahead of its fundamentals...[and if it] has not entered speculative bubble territory. [To address that concern] I have calculated the purchasing-power-protection price of gold for the 43 years from 1970 to 2012 and compared it to the average market price for gold in every year [along with some background of events unfolding over each decade during that time period which should prove] useful as a framework for how to think about the [current] dollar-price of gold. [I think you will find it most enlightening. Take a look.] Words: 3973
Read More »The Zombification of the Financial System: Debt is NOT a Free Lunch, Debt is NOT Wealth! (+2K Views)
Why are both debtors and creditors willing to build a status quo of massive unprecedented debt? [After all, the delusions of] creditors that debt is wealth and should never be liquidated, and of debtors that debt is an easy or free lunch have been smashed by the juggernaut of history many times before...[and] I think they will soon be smashed again. [Let me explain.] Words: 1150
Read More »Has Gold Spiked Due to a "Flight to Quality" or Increased Inflation Expectations?
There is some discussion in the blogosphere that the recent spike in gold reflects increased inflation expectations (possibly due to higher potential for Fed's QE3). That may be true, but that assumption is completely inconsistent with inflation expectations implied by TIPS.
Read More »FreedomFest 2012: A World In Turmoil – Will America be Next?
Will America be next? Here at the Daily Bell we believe the West is facing payback time for the forced, non-democratic and now failing EU experiment as well as the central banking cartel inspired fiat money and sovereign debt collapse now wrecking economies and impoverishing the citizens of most nations. [We think] the solution to preserving your wealth, sovereignty and liberty can be found at FreedomFest this July. [Let me tell you more about what issues this emergency meeting will be addressing and who the organizations and major attendees will be. They are very impressive lists.] Words: 516
Read More »Do You Really Want the Truth? OK, Here It Is – But You Won't Like the Conclusion
Damnit, how long do we have put up with this crap? Will we ever have an honest conversation on the facts of the matter related to what's going on in the banking system -- and has been since 2007 and indeed for the last 30 years? ...That's [unlikely] because there has been no recognition of the truth, not in Greece, not in Portugal, not in Ireland and not in the United States and here's truth: Government cannot spend more than it taxes. Period! There is no "if", there is no "and", and there is no "but." All the games played over the last 30 years, were, [and still] are, in fact, scams. Let me explain why. Words: 1700
Read More »Are Surging Home Prices in Canada Finally Due For a Major Correction?
Given the global economic backdrop, and in particular the sharp correction in energy prices to which Canada is highly exposed, the risks of a Canadian housing correction are rising. Home prices, which corrected about 10% during the recession, have surged again, making household balance sheets look increasingly fragile. Economists are becoming concerned. [Should Canadians be worried too? Let's review the situation.] Words: 280
Read More »Tungsten Supply Risk Could Have Negative Impact on Cost of Living – Here's Why
Tungsten is unique in its extremes. It’s extremely hard, heat resistant, dense, and environmentally benign. It’s used to make cemented carbide, one of the strongest and most durable compounds. That's the positives. but, unfortunately there are negatives too. Take a look at the infographic below for more information.
Read More »U.S. Economy is Tanking; Everyone is Talking QE 3 Again – but it Ain't Coming Soon – Here's Why
Once again the U.S. economy is tanking and everyone is talking QE 3. Sorry folks, it ain't coming. If the Fed cranks up the printing press, Obama loses any hope of re-election. If the ECB cranks up the printing press, Germany walks. End of story. [Let me explain.] Words: 386
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