...[A]t some point they [the central banks] will all start printing money. At some point they will recognize we are not going to have a deflationary collapse, that we are not going to have a deflationary debt liquidation.... If we get some serious stock market weakness, on top of the economic deterioration, then I think the central banks of the world, and in particular the Fed, are going to panic and do something big....They are going to print money and try to inflate the debts away....[As a result, there] is going to be this big, unridable phase of the bull market in gold that’s going to take place. That’s in front of us. It’s probably closer than most people think.
Read More »Search Results for: digital
Social Media Sites are Tracking You! Here's How to Better Manage Your Online/Phone Apps
As our lives become increasingly digital it is easy to share more and more information online and with our phones. Some of these sites and apps that you use, however, may not be as trustworthy as you think. This extremely informative infographic shows quite clearly what is going on and what you can do to stop apps from either tracking you altogether or to the extent that they currently are.
Read More »Social Media Sites are Tracking You! Here’s How to Better Manage Your Online/Phone Apps
As our lives become increasingly digital it is easy to share more and more information online and with our phones. Some of these sites and apps that you use, however, may not be as trustworthy as you think. This extremely informative infographic shows quite clearly what is going on and what you can do to stop apps from either tracking you altogether or to the extent that they currently are.
Read More »The History of Financial Transactions from Barter to M-Commerce (+2K Views)
Throughout history humans have specialized in producing goods and figuring out ways to pay for them. This infographic shows how we began by bartering goods with each other, moved on to more sophisticated methods of payment like metal and paper currency, and finally, today, to making payments with credit cards and smartphones.
Read More »Goodbye Euro, Hello Bitcoin? Will Use of New Crypto-currency Spread Across Eurozone? (+3K Views)
For weeks commentators have been discussing the possibility of Greece leaving the eurozone and how a return to the drachma might be facilitated...The drachma is not Greece's only option however....In some parts of Greece social entrepreneurship, technology, and skepticism of politicians have already given rise to alternate trading mechanisms and created an environment where a cyrpto-currency by the name of "Bitcoin" could become increasingly popular. [Let me explain.] Words: 709
Read More »David Rosenberg: These 51 Charts Show the Economy to be a Total Disaster
The U.S. economic recovery has been weak and the looming fiscal cliff threatens to act as a further drag on the economy. Europe is imploding with the chances of a 'Grexit' increasing, and Spain's economy deteriorating and risking contagion. David Rosenberg looks at the state of the U.S. and global economy via 51 depressing charts.
Read More »Is Now the Time to Acquire Gold – Or Run Away From It?
Is this the time to acquire gold? Or is this the time to run away from it? Either answer could be correct, depending upon what course government chooses. Government is at a decision point, one that will determine how our economic malaise next turns. [Let's review their choices.] Words: 922
Read More »Martin Weiss: You Are Being Forewarned – Again – About an Imminent Financial Megashock! (+2K Views)
[You are being forwarned - again - that Europe and the U.S. are now on a collision course with a second Lehman-type megashock....A snowball of events - bank runs spreading across Europe - are bringing us a few steps closer. What [can we expect] next? Let me explain. Words: 1795
Read More »No Fiscal Changes Coming Soon – or Ever – to U.S.! Here's Why
The ending in the U.S. will be similar to that in Greece. It is assured for the same reasons. The Democrats will lose the 2012 election...and the Republicans will control government for the next two years. Whatever enthusiasm initially exists will dissipate as soon as the polls show how unpopular austerity is. If they try to cut spending, they will suffer the same fate as the European Austerians. [Let me explain.] Words: 1116
Read More »U.S. Financial Crisis Makes Future Rioting In The Streets An Almost Certain Outcome! Here’s Why (+2K Views)
The U.S. government has put us between the proverbial 'rock and a hard place'. Cutting spending to improve our country's financial situation would surely trigger rioting in the streets by those Americans most adversely affected yet not cutting spending will trigger much higher inflation - even hyperinflation - which will also result in rioting....Government cannot control how this ends. They may be able to tinker with the timing a bit and they still have the choice of poisons with which to destroy the country, [but] that the country is gone, that is no longer alterable. Words: 930
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