What's the best time to buy gold on a seasonality basis? November! Over the past 40 years (basically since gold became legal for private ownership in the U.S.) November and December accounted for almost HALF of the year's gains for gold...If this year is anything at all like the previous 40, we'll see about 44% of the year's gains in November and December. That's huge. [That being said: Don't delay a day. NOW is the BEST time to purchase some gold.] Words: 700
Read More »Economist Paul Krugman: A Constant Reminder That U.S. has Become a 'A Truth is a Lie, and a Lie is a Truth' Society
A highly talented individual in the USA finds it ever more difficult to fight his way through to self-realization and a socially creative position. Universities, politics, and businesses ever more frequently demonstrate a united front of relatively untalented persons and even incompetent persons. The word 'overeducated' is heard more and more often. Such 'overqualified' individuals finally hide out in some foundation laboratory where they are allowed to earn the Nobel prize as long as they don’t do anything really useful. Words:
Read More »The U.S. is Headed Toward a Complete and Utter Collapse of its Financial System (+3K Views)
The U.S. is headed inexorably toward a systemic failure, a complete and utter collapse of the financial system. TARP and all the other machinations have not improved the underlying insolvency of the banking system. They have, however, deferred a collapse and ensured that it will ultimately be worse. [Let me explain.] Words: 1385
Read More »10 Index ETFs for Building an Ideal Retirement Oriented Portfolio (+2K Views)
Constructing a portfolio for the retirement years requires one to focus on portfolio risk or uncertainty while not neglecting return. If the portfolio asset allocation plan is too conservative, the return will not meet lifestyle expectations. Inflation is again on the rise and this needs to be taken into consideration when putting together a retirement oriented portfolio. Below is a combination of index ETFs that project respectable returns while holding down portfolio volatility. Words: 455
Read More »In Defense of Paul Krugman – Sort of
I have a great deal of respect for Paul Krugman as an economist. He has a unique talent among economists for being able to make complex economic issues both understandable and interesting for the average person. [That being said,]...I am far less impressed with his abilities as a public policy commentator. [Let me explain.] Words: 567
Read More »History Says Silver Could Become the Next 10-Bagger Investment! Here’s Why (+3K Views)
If you concur with the 159 analysts (see below) that maintain that physical gold is going to go parabolic in price in the next few years to $3,000, $5,000 or even $10,000 or more then you should seriously consider buying physical silver. Why? Because the historical gold:silver ratio is so way out of wack that silver should appreciate much more than gold as it goes parabolic in the years to come. Indeed, silver could easily reach $100 - $200 per troy ounce, maybe even $300 and conceivably in excess of $400 depending on how high gold goes. The aforementioned may be hard to believe but an analysis below of the historical price relationship between silver and gold suggests that such will most likely occur if gold does, indeed, go parabolic. Take a look. Words: 1423
Read More »Is Gold On Its Way to $3,000, $5,000, $10,000 or Even Higher? These Analysts Think So (+11K Views)
140 analysts maintain that gold will eventually reach a parabolic peak price of at least $3,000/ozt. before the bubble bursts of which 100 see gold reaching at least $5,000/ozt., 17 predict a parabolic peak price of as much as $10,000 per troy ounce of which 12 are on record as saying gold could go even higher than that. Take a look here at who is projecting what, by when and why. Words: 676
Read More »Are You One of the 99% Still Undecided About Owning Gold or Silver? Here’s What You Need to Know (3K Views)
Don’t own any gold or silver yet? New to the precious metals? Regardless whether you are a novice or seasoned veteran, the following seven points provide essential background information you can use to help determine whether the precious metals are right for you. Words:1311
Read More »10 Timeless Investment Rules to Survive This Stormy Stock Market
Rules may be meant to be broken, but with investing ignoring the rules can break you - especially now. Investment rules are tailor-made for tough times, allowing you to stick to a plan just when you need it most. Indeed, a rulebook is important in any market climate, but it tends to get tossed when stocks are soaring. That's why sage investors warn people not to confuse a bull market with brains. Here are 10 rules to survive this stormy stock market. Words: 769
Read More »Don’t Be Misled! Here Are Five Common Myths About Silver (+3K Views)
Oftentimes perception, and not reality, rules the day with the thousands or millions of speculators placing short term bets with assets like silver. These perceptions are particularly strong given that paper players in the silver market often control the price in the short term (6-8 months), since there is so much more paper silver than physical metal out there...Here are five common myths about silver that I bet many speculators still believe are true. Words: 1638
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