Saturday , 2 November 2024

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Gold Will be the Crutch to Lean On for a While – Here’s Why (+2K Views)

Regardless of what certain pundits and investors say, I believe gold will have a great run into the end of 2011. [Why?] Because I think a currency crisis is brewing worldwide, and gold will be a safe place to store value. The Euro and USD are fundamentally weak, and inflation is nearly out of control due to huge stimulus packages and low interest rates that aren't helping struggling economies. Gold should be the crutch to lean on for a while. [Let me expand on the aforementioned reasons.] Words: 675

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All This Gold Bullion Bull Market Hype is Just That – Bull….! (+2K Views)

I just Googled ”gold to hit” – and I got HUNDREDS of pages for ‘Gold to hit $5,000′. Almost every expert in the world is positive that the “value” of gold – and silver – is about to skyrocket. I don’t think so...You may think you are going to get rich investing in silver and gold – or you may think you can protect your wealth by owning it – or you may think that people will stop accepting paper money and no one will be able to buy anything without it. All of that is nonsense. [Let me explain.] Words: 1739

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Why You Should Invest in Silver and What Your Options Are (+2K Views)

Silver is a popular investable asset, attracting investors from around the world thanks to its numerous industrial applications as well as its traditional role as a store of value and an inflation hedge. There are a number of different options for investing in silver, including exchange-traded futures contracts, stocks of companies engaged in the extraction and sale of the metal, and both physically-backed and futures-based ETFs and ETNs. Investors also have the option of buying coins or bars of the metal in order to obtain physical exposure. Let's discuss the merits of investing in silver and review what the options are. Words: 2319

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U.S. Financial System Will Die When Interest Rates Rise! Here's Why

Right now, interest rates are near historic lows. The U.S. government is able to borrow gigantic mountains of money for next to nothing. U.S. consumers are still able to get home loans, car loans and student loans at ridiculously low interest rates. When this low interest rate environment changes (and it will), it is going to absolutely devastate the U.S. economy. Without low interest rates, the U.S. financial system dies. [Let me explain.] Words: 1529

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Unprecedented Financial Storm of Unknown Scope is Engulfing Us

If you thought the global financial crisis of 2008 was difficult, wait till the sequel comes to your doorstep...An unprecedented financial storm of unknown scope and dimension is upon us...there is a civilization-scale catastrophe taking place and there will be little or no recovery from it for as far as the eye can see into the future. Words: 1450

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Coming "New World Order" Revolution Will Be Dramatic (and Ugly)

SocGen has published a fantastic, must read, big picture report which compares the world in the 1980/1985-2000/2005 time period and juxtaposes it to what the author, Veronique Riches-Flores, predicts will happen over... the period from 2005/2010 to 2025/2030. She sees dramatic changes but, unfortunately, they will not be pretty. Let's take a look at what the report has to say about the future. Words: 3025

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Get on Board! Markets to Move Even Higher Over Next 6 Months (+2K Views)

Many people missed the market’s enormous appreciation during the latest equity bull market because they were late to the game or chose to sit on the sidelines. If you’re one of those people on the sidelines who has been debating whether to get your feet wet in today’s market—now could be your chance. Citigroup says there’s roughly a 90% chance markets could move higher over the next six months—and a 97% chance over the next year—according to historical data. On average, the market bounces 8.9% the following six months and 17.3% the following year. Words: 1292

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Why the Dow Could Hit 20,000 by 2014 (+2K Views)

To move up from the current 12,600 level to 20,000 by the summer of 2014, the Dow would need to rise about 16.5% each year or about 58% in a three-year period and in the past 25 years the Dow has risen by this much on at least 13 occasions. During those times, there was only one period of sustained annual gains, when the Dow rose an average of 26% from 1995 through 1999. The key question: what would it take to justify a three-year, steady, robust gain? It all comes down to corporate profits [and the extent to which] multiple investors are willing to assign [dollars] to these profits. [Let me explain.] Words: 761

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Why are Central Banks Buying Gold?

Central banks have pulled 635 tonnes of gold - the largest withdrawal in more than a decade - from the Bank for International Settlements in the past year and, as such, begs the question: If central banks [supposedly] believe in the value of paper money and their ability to create wealth by printing it then why are they loading up on Gold? The answer is simple: they see the writing on the wall [and that begs an even more important question: Shouldn't you?]...Words: 600

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