The next crisis will be a Crisis of Faith pertaining to the US Federal Reserve... when the market begins to realize that the Fed CANNOT backstop the entire financial system (it never could but most people hoped regardless) - and...when this happens, THEN the REAL crisis will hit and it will make 2008 look like a picnic. Bernanke has [already] admitted publicly that he’s clueless [as to] what’s going on [and this] is a MAJOR step towards the world realizing that he’s lost control. [As such,] if you’re not taking steps now to prepare for what’s coming, you need to start moving. [The REAL crisis is coming - soon! Let me explain.] Words: 1018
Read More »The U.S. and Greece are Frighteningly Similar! Here's Why
The inability [of Congress] to reduce spending and tax its citizenry represents a competitive disadvantage for the U.S.. It is the mark of a country that cannot keep its fiscal house in order, does not care about repaying its debts and, [as such, it] may well be heading for collapse. Words: 978
Read More »Check Out THE Number to Watch for Market Direction
Many investors believe the market will rise if the economy is growing and sink if it's shrinking but that is the wrong way to think about it. Instead, the real focus should be on whether the economy is growing at a slow pace or a moderate pace. Indeed, with 2% growth, the stock market could steadily fall. Yet with 3% Gross Domestic Product (GDP) growth, the market could surge. The difference between 2% and 3% may not seem like much, but it is. [Let me explain.] Words: 730
Read More »Why U.S. Will Never Return to Gold Standard and What That Means for Gold Price (+2K Views)
The recent outperformance of precious metals, combined with budget problems in the United States and parts of Europe, has prompted some to speculate that gold or silver will become the next international reserve currency [but in my opinion that is highly unlikely. As such, investors would be highly encouraged to give pause [before] allocating a portion of their portfolios to precious metals. Let me explain further.] Words: 1094
Read More »Any Way You Look At It the S&P 500 is Overvalued In Excess of 40%!
The S&P 500 is considerably overvalued - somewhere in the range of 34% to 61% - depending on which of 4 market valuation indicators are used and whether the valuation is based on the arithmetric or geometric mean of each. While these findings are not useful as short-term signals of market direction...they play a role in framing longer-term expectations of investment returns and suggest a cautious outlook and guarded expectations. [Here are the details.] Words: 676
Read More »New Series of Canadian & American Silver Coins Coming to Market (+6K Views)
The United States Mint has taken the demand for more mass production silver bullion coins seriously of late with the expansion of their offering to a planned total of 57 new coins by 2021 with the introduction of their America the Beautiful Bullion Coin Series . Canada's Royal Canadian Mint has followed suit expanding its offering of mass production silver bullion coins to 8 by 2013 with the launch of their Canadian Wildlife Silver Bullion Coin Series Program. Below are the details. Words: 958
Read More »Batten Down the Hatches: A Hurricane of Debt, Deficit and Demographics is Coming!
A hurricane of debt, deficit, and demographics is heading to the shores of all developed economies. With it will come high inflation rates, high costs for credit, low growth rates, and weakening developed country currency value. Ben Bernanke in a helicopter will not stop the hurricane’s devastating path. More stimulus packages will not stop it. Blaming the Chinese for lending us too much money will not stop it. Pretending that the storm isn’t coming will most assuredly not stop it. It threatens to derail the lukewarm economic recovery and to alter forever the heretofore path of robust growth for the developed world. In a sense, debt, deficit, and demographics will reset the world to a “New Normal”. Words: 3341
Read More »Don’t Dismay: 6 Reasons to Hold Your Gold Through The Summer (+2K Views)
Should you consider selling into any period of strength during the typical summer weakness? No, there are a number of reasons to continue holding gold during this time period. [Let me detail them one by one.] Words: 734
Read More »Why Silver Provides Much Greater Upside Potential than Gold (+3K Views)
The opportunities expected to arise from investing in silver now are even more pronounced than those of gold. [Let me explain why that is the case.] Words: 1367
Read More »Why Silver Could Drop Below $30/ozt.
A close look at where silver's price is positioned at this stage of its developing long-term bubble, and by using Bump-and-Run and Dead-Cat Bounce pattern analyses, suggests that silver is on its way to returning to its long-term mean. Words: 624
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