Higher interest rates [are eventually coming and]... will substantially increase the annual interest costs, the deficit, and the required borrowing/printing. More deficits, more borrowing, more printing, and higher interest rates will cause a larger deficit and more borrowing and the cycle will repeat. [You have a choice as to what you do to protect your current and future standard of living and this article sts it all out.] Words: 595
Read More »Jim Sinclair: This is War – Don’t Play Their Game – Stand Firm – Stay the Course – Gold is Going to $3,500!
There is a nasty game taking place which relies entirely on scaring you out of your wits. Yes, out of your mind, so you sell something of great value for peanuts to the exact party playing with your head via price. When you must look at the action, remember there is a buyer for every seller. That buyer is not scared out of his/her wits if you sell to stop the pain you are in. This period is, in my opinion, the last and largest attack you will see perpetrated on us before gold closes over $3500. This period of pain will not be measured in months, but counted in history as days. Stand firm and stay the course! Words: 787
Read More »Which Should I Own – Physical Gold or a Gold ETF? (+2K Views)
There are many tools available to buy gold, which is the bedrock of any portfolio. These include coins, bars, futures contracts, certificates, options, and what has recently perhaps become the most popular instrument of all, the gold exchange-traded fund – the so-called ETF - but which of these many tools is the right one for you?
Read More »Ignore Wall Street Cheerleaders: Market Technicals, Fundamentals & Other Info Says Otherwise! (+2K Views)
[In spite of what] the typical Wall Street cheerleaders, I mean strategists, are predicting, we see the equity market ever more closer to its cyclical top, miners about to retest a major bottom and hard assets with a new catalyst. [This article analyzes 9 pieces of information, complete with charts, that show what is actually going on in the marketplace at this point in time and what the short-term future holds.] Words: 930; Charts: 8
Read More »World Economy & Market Forecast: More Sunshine & Less Stormy Weather Ahead (+2K Views)
It seems clear that there are a number of investors who have gained confidence in the global economy and are seeking to capture the growth opportunities taking place around the world. With the European crisis comfortably in the rear view mirror and global central banks taking the position that they will continue their easing policies, investors have taken their foot off the brake and have begun to accelerate....We see more sunshine and less stormy weather ahead [and explain why that is the case in this article]. Words: 695; Charts: 3
Read More »Gold Bulls Shouldn’t Buy Gold Stocks!
With the Bank of Japan's latest move to fight deflation and seemingly to start another round of global competitive currency devaluation, it...makes sense to hold some gold in a portfolio. However, I remain of the opinion that it makes no sense for gold bulls to hold gold stocks over bullion. [This article explains why that is the case.] Words: 281
Read More »Now You, Too, Can Predict When China Will Overtake America Using This Cool Interactive Tool
America's GDP is still roughly twice as big as China's (using market exchange rates). To predict when the gap might be closed, The Economist has updated its interactive chart below with the latest GDP numbers. This allows you to plug in your own assumptions about real GDP growth in China and America, inflation rates and the yuan's exchange rate against the dollar. [Plugging in our assumptive] numbers China will overtake America in 2018. [Share your prediction in the "Comments" section at the bottom of the page.]
Read More »Canada Continues to Avoid Humiliating Welfare State Experiments of U.S. & Europe
Across Europe and the United States, millions go without work. Those who do work face a lifetime of crippling taxation to pay for the entitlements of their countrymen and the debts of their governments. Canada by contrast is strong. To stay that way, we must never repeat the mistakes of Europe and the United States and we must instead focus on what Canada has already done right. Words: 1320
Read More »Nouriel Roubini: 5 Downside Risks to Global Economy Are Gathering Force
...[F]iscal austerity will envelop most advanced economies this year, rather than just the eurozone periphery and the United Kingdom. Indeed, austerity is spreading to the core of the eurozone, the United States, and other advanced economies (with the exception of Japan). Given synchronized fiscal retrenchment in most advanced economies, another year of mediocre growth could give way to outright contraction in some countries. Words: 780
Read More »Consumer Indebtedness Leading to Currency Devaluation & Beggar-Thy-Neighbor Economic Policies
The current move up over the past 4 years is being driven by the Fed's loose monetary policies (just as other global markets have been driven by their Central Banks). Most bulls believe the loose polices will stimulate enough consumer demand to lead to a significant U.S. economic recovery. We, however, continue to believe the debt - laden consumer, along with the still other unresolved debt burdens, will be a major drag on the U.S. economy, (we are convinced that the market will turn down and make a triple top at levels below the peaks made in 2000 and 2007 while we resume the secular bear market that started in 2000) and that will have negative affects on the global economy.
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