Since the beginning of its bull market run back in 2002...gold has enjoyed consistently strong technical support at its 150-day moving average...[only] testing this...support once or twice a year, at most...and in each of the last 9 years, the one time that gold has consistently tested support... [has been] during the month of July. [Furthermore,] in 7 of these last 9 years gold has rallied strongly from this July support level to post gains of +22% on average through the remainder of the year. As a result, it [is important] to capture these opportunities when they present themselves - and such appears to be quickly approaching in the coming days of July. Words: 458
Read More »You’re Being Deceived by the Media and Your Government: Here’s How to Become Better Informed! (+3K Views)
While most Western countries have serious debt problems none of them has a fiscal crisis as bad as that of the United States. In spite of that, however, the U.S. corporate-controlled media has been obsessively shining the spotlight on the so-called “PIIGS” of Europe rather than on the staggering financial crises facing America. If that weren't bad enough, it has become impossible to trust the few economic statistics that are "fed" us. Frankly, there is a conspiracy of silence about the truth but there are ways to become better informed. Words: 868
Read More »Get Ready to be Financially Conscripted – and Face a Lower Standard of Living!
Get ready to be financially conscripted into a citizen army assembled for the greater cause of saving America from being swamped by a tsunami of debt as a new policy initiative known as "financial repression" takes hold. ‘Repression’ rhymes with ‘depression’ and that is what we may have to look forward to as rampant price inflation and permanently lower living standards take hold as a result. Let me explain. Words: 1797
Read More »Gold & Silver Volatility & Diversification Myths Debunked
The commercial investment industry [- from Wall Street to your personal financial advisor/planner -] is more interested in milking its clients for fees and spreading lies, deception and propaganda than in actually acting to preserve and build their clients’ wealth. In my opinion, “safe diversification” and “less volatile” strategies are nothing but pure absolute rubbish invented by and regurgitated from the mouths of such consultants. [Let me explain and show you some graphs to make my case.] Words: 1680
Read More »"Liquidity Trap" is Fast Approaching
When velocity is low the nation essentially winds up in a "liquidity trap" which is a situation where monetary policy is unable to stimulate the economy either through lowering interest rates or increasing the money supply. This was the condition that Japan found itself enveloped in from 1989 to present. We expect the same problem in this country and hope (really hope) to be wrong. Words: 672
Read More »A Housing Boom is Coming! A Housing Boom is Coming! Here’s Why (+2K Views)
Yes, you read that right; get ready for the next housing boom. You're probably thinking, "How could that be with all the mortgage delinquencies and foreclosures going on, and the record levels of housing inventory? Well, it's not going to happen soon - [probably] not for several more years - but it's coming. [Let me explain to you why it is inevitable.] Words: 589
Read More »Get Ready: Economic Hell is Coming!
Tens of millions of American families are about to go through economic hell and most of them don't even realize it...Most Americans realize that things seem "harder" these days, but most of them also have faith that things will eventually get better. Unfortunately, things aren't going to get any better. The number of good jobs continues to decline, the number of Americans losing their homes continues to go up, people are having a much more difficult time paying their bills and our federal government is drowning in debt. Sadly, this is only just the beginning. [Let me explain.] Words: 1256
Read More »U.S. Deficit Projections Dramatically Understated! Here are the Likely Numbers
While Washington debates raising the debt ceiling and cutting spending to achieve $1 to $2 trillion of savings over the next decade, it’s worth pointing out that these savings may never materialize because the existing official budget numbers are too optimistic across several fronts. [Let me show you some numbers that will both surprise, concern, and enlighten you.] Words: 1070
Read More »The CPI, TIPS and Protecting Yourself From Inflation: What You Need to Know
Many investors are worried about inflation and, as a result, are considering buying inflation indexed bonds and other inflation protected investment vehicles. They may be setting themselves up for significant losses, however, because of the way the government is now calculating the CPI, and the further changes being proposed. In the opinion of this writer, the CPI calculation appears to be inaccurate and, as a result, such investments may not be appropriate inflation hedges. [Let me explain.] Words: 1533
Read More »Sprott: Shocking Shenanigans in Paper vs. Physical Silver Market (+2K Views)
The recent bear raid on silver - a 30% drop over only four days - has left many concerned about the sustainability of its historic run...with [many] commentators... making the bubble call. Silver bubble 2.0? Hardly. Anyone who has been fortunate to have been invested in silver over the past few years would unfortunately be used to such blatant takedowns. The Chinese don’t call it the "Devil’s Metal" for no good reason. With so much talk these days about the risks of investing in silver, we think that perhaps it may be timely for us to weigh in on the matter. The silver market is riskier than ever - but for reasons the vast majority of pedestrian commentators have failed to grasp. [Let us explain.] Words: 1517
Read More »