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StatsCan released a major report Friday that outlines the overall debt situation of Canadians... It only measured what is owed by Canadians who carry any form of debt, not those that are debt free, and according to the report, the typical borrower owed an average of $114,400 as of 2009. That number, however,...is almost certainly higher today due to...[the fact that] low lending rates have been at 1% since early 2008...More worrisome could be that two-thirds of all Canadians who carry debt owe more than the average. Words: 585

If the political situation in the Gulf worsens, there is virtually no limit to the upside for oil prices. The oil price could easily double. [In adition,] there are also supply constraints to worry about going forward. [As for gold, it] is headed much higher in the long-term. [Let me explain.]

The rising cost of college tuition translates into many students re-evaluating higher education, their future professional careers as well as other major life decisions. Find out more in our very enlightening infographic on The Surprising Side Effects of Rising College Costs.

As those familiar with the basics of Austrian economics can attest, an increase in the supply of money and credit [often leads to] asset bubbles in whatever sector(s) the new money and credit find their way into. With the U.S. economy so robust it will not go down easily and, as such, there is still the possibility that the Fed's radical inflationary policies will not break the dollar, but just kick the can down the road one more time, and unleash one more bubble before the bill for 40+ years of monetary madness is finally due. What sectors are most likely to be the recipient of a bubble? [Let's look at the possibilities.] Words: 1212

In spite of all the bearishness out there - the S&P 500 falling to 1,000 (David Tice),the market is overbought (John Hussman), its looking like the bear market of 2011 all over again (David Rosenberg), for example - I tend to disagree for 4 fundamental reasons. Let me explain. Words: 595

The two-party political tyranny – Republican and Democratic – is too busy kneeling before the check-writers of imperious corporatists to stand up for the people whose votes they strive to secure. [Imagine,] as U.S. citizens struggle, Wall Street and Washington worry about Greece! Words: 550

Given the extremely high correlation between central bank balance sheets and the price of gold, it is possible to determine the implied price relative to current debt levels. In doing so, we calculate gold's "central bank balance sheet value" at around $1900 an ounce. [Let us explain further.] Words:

Meredith Whitney has resurfaced on the subject of U.S. Municipal defaults stating that a "tidal wave" of defaults in the municipal bond market is still building and will eventually hit the United States [although her views are at odds with those of] Moody's Investors Service [who only see] a small but growing number of defaults. [Here is a critique of her latest views.] Words: 385

Hundreds of articles are posted every week but their content is almost never challeged. Campbell does just that. He conveys his comments, concerns and criticisms in a concise conversation, concluding his critiques with either his concurrence or contrary point of view. He invariably ends each critique with a question or two for you to mull over until his next insightful and thought-provoking commentaries. Put your thinking cap on and give them a read. Words: 1722

Please don’t believe the hype that the American economy is healing. While it is true that some data is showing improvement, the true fundamentals of the economy continue to erode. Don’t believe the lie that the Fed’s money printing is laying fallow at the central bank and that inflation isn’t harming the American middle class and the economy. [Let me tell you the truth!]