While there are some good reasons to hold gold at the moment, many of the drivers behind gold's strong, decade-long run look like they have begun to turn and, as a result, the price of gold is likely to fall below $1,000, in the short to medium term, possibly as soon as year end. Words: 861
Read More »"The Battle for Investment Survival" – One of the 10 Best Investment Classics of All Time
This may be one of the best books you could possibly read to protect what you have and be prepared for the next time buy and hold will make this game a whole lot easier. Words: 1440
Read More »Why Coming Option ARM Crisis Will Send Gold Higher – Much Higher! (+2K Views)
Just as 2007 and 2008 were the years of subprime woes, 2010 will go down as the year of Option Adjustable rate Mortgage (ARM) resets. This crisis is about to unleash a fury no one's prepared for. It won't be as bad as subprime, of course — it'll be worse. Words: 557
Read More »"The Crowd: A Study of the Popular Mind" – Understanding Why You Should Be a Market Agnostic (+2K Views)
At its lowest level of over-simplification, Le Bon's thesis is that the behavior of crowds is based on sentiment and emotion rather than intellect and research. That may seem rather obvious today since other social scientists have been agreeing with and building upon his work for over a century - but how many of us invest accordingly? Words: 837
Read More »Why We Are Staring at a Startling Increase in the Price of Gold
We are staring at a startling increase in the price of gold and precious metals mining stocks and warrants. Gold will reach mind- boggling levels because the actions of our political leaders and their academic and credentialed enablers are virtually guaranteeing it with their current actions. Words: 996
Read More »The Debt Deflation Theory: Why We Should Worry and What We Should Do About It
It remains to be seen if we will experience a deflationary period, but if we do, obviously cash will be king. Always remember: the best have cash at tops and bottoms of markets. [Are you one of 'the best'?] Words: 453
Read More »"Extraordinary Popular Delusions and the Madness of Crowds": A Review of the Best Book Ever Written On Market Psychology
This book is more than a book on intelligent investing – it is really a classic in critical thinking. Anyone can learn how to read a chart or throw bones into a circle, but this book will teach you about human psychology. That is how you beat the market, since it is always a marketplace of humans motivated by fear, greed, hope, arrogance and all the other human emotions, good and ill. Words: 1086
Read More »Why An Inflationary Depression is Likely in 3 Years and How You Can Protect Yourself
Given that governments are reluctant to take their lumps now, what are the odds that they will do the right thing — outright default and debt restructuring — three years hence when the debt bubble is that much larger, the economy is in worse shape, and the pain of default and austerity is much higher than today's? The words "slim" and "none" come to mind. The world is firmly ensconced on the path to an inflationary depression. Words: 1119
Read More »Protect Yourself From Sovereign Debt Defaults With Physical Gold and Silver
It is clearly evident that America's debt picture is truly astronomical and, like the situation with Greece, the debt cannot, and never will, be repaid. Indeed, any way you look at it, the consequences for the United States, let alone the many other haunted economies, are grim, dismal - even disastrous. Words: 1166
Read More »Why We Are Likely to See a DROP in Gold Prices (+2K Views)
for the coming months, deflation is the bigger concern than inflation as China and the EU both experience slowing growth, and the inflation figures remain tame in both the US and Japan - [and that means we are likely to see a DROP in gold prices.] Words: 481
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