Do not raise the debt-ceiling. You heard me: block the debt ceiling vote. Don’t raise it. America’s out-of-control, a debt addict. It is time to detox - to deal with the collateral damage [now] before it’s too late. We need to fix America’s looming credit default, failing economy and our screwed-up banking system now - with a Good Depression. If we just kick the can down the road one more time, we’ll be trapped into repeating our 1930’s tragedy - a second Great Depression. [Let me explain.] Words: 1422
Read More »Search Results for: bubble
Forget the Media Happy Talk: All is NOT as it Seems! (2K Views)
We are not convinced by the endless stream of happy talk that emanates from the mainstream media these days. Our view is less benign. From what we can see, the world is descending into a kind of controlled (or uncontrolled) Great Depression. It's taking time but the arc is clear. [Let us explain.] Words: 1750
Read More »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
Read More »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
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
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 »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 »Gold’s Recent Price Action Suggests Ultimate Top of $5,000/ozt.
The correlation between the gold price from 1968 until 1979 and from early 2000 until today is an amazing 89.65%! More specifically, the correlation from 1975 until April 1979 and from January 2008 until today is an astonishing 97.83% suggesting that gold will reach an ultimate top of $5,000 per troy ounce before the bubble bursts. Words: 330
Read More »Update: These 90 Analysts Believe Gold Will Go to $5,000/ozt. – or More! (+13K Views)
Of the 133 analysts who have now gone public in maintaining that gold will eventually go to a parabolic peak price of 2,500/ozt.+ before the bubble bursts 90 - yes 90 - maintain that gold will reach at least 5,000 per ozt. Take a look here at who is projecting what, by when. Words: 954
Read More »U.S. Financial System is a Shell Game, a Confidence Trick, a Ponzi Scheme, Which Will Eventually Collapse! (+2K Views)
Every single day the U.S. economy is getting weaker. Every single day we are going into more debt. Every single day we get closer to the collapse of the entire system but time is running out. The entire U.S. financial system has become a gigantic shell game (a confidence trick to perpetrate fraud) but when it ends the consequences can be painful and, sadly, that [pain is eventually going to be ours to experience. Let me explain.] Words: 1483
Read More »