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Economy watchers looking for a spark of life in the exhausted, debt-ridden American consumer are quick to latch on to any signs of a pulse and the latest came in the form of higher personal borrowing in March. The $6.02-billion (U.S.) increase marked the sixth consecutive monthly advance and was nearly three times higher than the most bearish forecasts. The best news of all, however, is that credit-card debt climbed, marking only the second such rise since the housing and credit market collapse. [Unfortunately, however,] “We’re only 20 per cent of the way there" says Stephen Roach. "The American consumer is toast - stuck with a legacy of excessive debt, inadequate saving, and facing high unemployment, higher under-employment, weak incomes and holding on to assets that are under water... [As such,] you can not rule out the chances of the world sliding back into recession.” Words: 1004

The rat-through-the-snake process of working down existing and prospective distressed properties is likely far from over, and how that process plays out will no doubt have an impact on how much housing prices will ultimately adjust. [Let's take a look at some differing points of view in that regard.] Words: 497

We are approaching the end of the current 8.6 year wave come June 13th, 2011. What awaits us on the other side is a change in the overall trend. [Let me explain what is developing.] Words: 420

With everyone and their grandmother calling a blow-off top in Silver we thought it prudent to present an alternate perspective [which strongly suggests that we could well see $52.58 silver by mid-June of this year. Let me explain.] Words: 632

Silver has come crashing down right in line with the usual 11 year high. This has come also on a Pi cycle from the October 2008 low (31.4 months). Yet despite the blood and the carnage that is typical in this market [which is] prone to high volatility, whether this proves to be a long-term high of a major shake-out will be revealed in the weeks ahead. Words: 702

If the temperature of full gold fever is a hot 106, we’re only at 99 now, but I can feel it, I can tell you that the temperature is rising, rising. The panic to buy gold will override everything else. It will be one of the greatest financial phenomena that most of today’s investors will ever see. It will blot out everything else like a cloud blotting out the sun. After the calm, comes the storm. We’ve been watching ten years of gold climbing amid an atmosphere of calm. The great gold tsunami lies ahead. It will be historic. Words: 480

While gold is slightly more volatile than the Dow 30, on average, all of the individual components are more volatile than gold and only half are less volatile than silver and platinum. [So much for] the prevailing myth...that they are risky investments due to their volatility. [Let's take a closer look at the specifics.] Words: 250

Our government has grown too big, promised too much and waited too long to restructure. Our fiscal clock is ticking and time is not working in our favor. The Moment of Truth is rapidly approaching. We'll soon know whether Washington policymakers are up to the challenge and whether they will start focusing more of doing their job rather than just keeping their job and on focusing first on their country rather than their party. [To accomplished what is needed] the President and Congressional leaders from both political parties need to be at the table and everything must be on the table in order to achieve sustainable success. [Here's an outline of our country's predicament and how it might be resolved.] Words: 3110

New article posted on munKNEE: https://www.munknee.com/2011/05/richard-russell-demise-of-the-yankee-dollar-vs-the-rise-in-gold/ # New article by Chris Puplava: https://www.munknee.com/2011/05/what-the-1970s-performance-of-gold-silver-and-usd-says-about-tomorrow/ # New article! https://www.munknee.com/2011/05/why-hyperinflation-is-not-likely-let-alone-imminent/ # New Article on Gold and Silver https://www.munknee.com/2011/05/%e2%80%9cthree-peaks%e2%80%9d-pattern-suggests-gold-to-decline-17-into-june/ # Not too late to buy gold!https://www.munknee.com/2011/04/goldrunner-gold-on-track-to-reach-1860-1920-by-mid-year/ # An opposite point of view:https://www.munknee.com/2011/05/america-is-bankrupt-claim-is-total-nonsense-heres-why/ # Powered by Twitter Tools

It’s clear that silver has had some large and scary sell-offs over the years but the “silver” lining to that fact is the realization that its current volatility is perfectly normal. As such, the appropriate question to ask isn’t “How far does silver fall?” but “When do I get to start buying again?” [Let me explain.] Words: 593