A true solution to both fiat currencies and the shock of their demise exists right now, if only the leaders of the world’s nations were able to recognize it. Believe it or not, it's the Mexican Libertad. Let me explain its design and usage and how it could easily become the foundation of a new non-fiat international currency.
Read More »Search Results for: hyperinflation
Inflation Will Become a Huge & Growing Problem Beginning In 2015 – Here’s Why (+2K Views)
A temporary period of deflation will result from the end of the Fed's massive asset purchases followed by a period of inflation that will make the '70s seem like an era of hard money. Here's why.
Read More »Gold Price Dependent on Extent of Money Supply NOT Direction of US Dollar Index – Here’s Why (+2K Views)
...When the USD starts to rise many assume that this is negative for paper gold ETFs such as GLD as well as physical gold. I'm sure you have heard it before, if the USD goes up then gold goes down, and vice versa...but, in reality, this "rule of thumb" isn't the case and, in actuality, it would be impossible for the USD and gold to trade inversely with each other. Let me explain.
Read More »High Inflation IS Coming – It’s Just A Question Of When – Here’s Why
There have been many econoblog posts of the form, "ha, ha, the people predicting inflation have been wrong so far, when will they give up?". Let me try to explain why we know high inflation is coming eventually.
Read More »Should the FED Give Money Directly To Consumers Instead of the Banks?
There is an idea floating about to stimulate the economy via providing cash directly to consumers. It may just be a trial balloon at this point, but I expect the idea to gain traction. Here's why.
Read More »Today’s Financial Entertainment: “Cataclysmic Observations” Regarding Gold & Silver
Frankly, we cannot conceive of a more cataclysmic set of circumstances for both the global economy in general, and the gold Cartel specifically, than currently exist. Act now, before “traders” return from summer vacations next week or you may be locked out of the most important “protection trade” of all time!
Read More »This is the Most “Stupid” USD Chart Around – Here’s Why (+2K Views)
You’ve almost certainly seen the chart below over the years – it shows the purchasing power of the US Dollar over time - and it looks terrifying. I call it the "stupid" chart, though, because it is a total misrepresentation of the facts because it isn't telling the full story. Here's why.
Read More »Are We In A Pre-crisis Period? A Look At 8 Possible Triggers
The frequency of financial crises and recessions is quite high: on average, there is one crisis every 58 months (using data from the US National Bureau of Economic Research). In other words, statistically speaking, we should expect the beginning of the next crisis in April 2015, which would end by March 2016. There are 8 possible scenarios that could cause the next crisis. Let's take a look at each.
Read More »Buckle Up: Gold’s About to Begin A Major Breakout! Here’s Why (2K Views)
Buckle up! Gold is coming out of hibernation within the next 6 to 12 months and will then begin a major breakout to the upside to at least $3,600 over the next 2 to 4 years.
Read More »Consequences Of Argentina’s Debt Default Will Be Grim (+2K Views)
Recession, currency devaluation, hyperinflation and social unrest are all distinct possibilities if Argentina does not reach a settlement with the holdouts in the near future. Below are more insights into Argentina's latest debt default.
Read More »