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The perfect storm is the real fiscal cliff that we’re going to go over. The real fiscal cliff is when we can’t borrow any more money because our creditors wake up to the fact that we’re no good for the debt and interest rates start to rise.

Nouriel Roubini is known for his pessimistic views on the health of the global economy and his nickname is Doctor Doom. Bloomberg TV recently put together a short video highlighting Roubini's most bold and sharpest quotes from the past year, which is definitely worth a watch (see here).

Outsourcing is a good thing, despite our two presidential opponents excoriating each other over it.... Trade xenophobia is a political tool to divert blame from where it belongs - government - [and]...politicians who talk about “fair” trade are just trying to justify more protectionism...[which] always make people poorer rather than MORE prosperous. [Let me explain.] Words: 430

New gas technology such as hydraulic fracturing (fracking) and horizontal drilling have changed the complexion of natural gas in North America. This infographic explores natural gas, its properties, natural gas market dynamics, supply forecasts, demand, the shale revolution, and the switch from coal to natural gas. We also raise questions about methane leakage and hydraulic fracturing.

The real estate market had started to stabilize on signs that foreclosure inventory was decreasing but a rise in foreclosure starts suggests that a tidal wave of foreclosures is building, especially in states with a judicial foreclosure process.

The U.S. federal government is scheduled to implement a fiscal tightening of unprecedented severity (approx. 5% of GDP) at the start of 2013. The last time a tightening of such proportions occurred (3% of GDP in 1969) it presaged a recession. Thus, unless mitigated by an act of Congress, we expect the fiscal cliff would lead the U.S. into a recession in 2013. Below, in 26 charts, we examine all aspects of the impending crisis to gauge its potential impact on the credit markets and, by extension, our strategic investment recommendations.

For the past 2 weeks I have been posting information on the state of the American union but compared to the other articles being posted they are consistently receive the read fewest reads. With Americans making up 55% of the 100,000 or so visits to the site each month it begs the question"Why are Americans ignoring the facts about their country that are necessary to make an informed decision as to who to vote for in the upcoming Presidential election?" Below is the 10th in the series with links to the previous nine.

In this infographic we explore why copper prices have increased by 4x over the course of 10 years.

Small businesses, typically cited as the “engine of growth” for the American economy, shed jobs faster than larger companies in the past decade...To see how they’re bouncing back now, click to view today’s full infographic from FaceThefactsUSA.org. Then check out all our facts so far here on our mobile site.

We now have a really strong probability that the correction which started at $1913 on 23 August 2011 has been completed both in terms of Elliott waves and also in terms of time elapsed. If this is correct, the gold price should soon be expressing itself in violent upside action as it moves into the third of third wave which is still targeted to reach $4,500. [Let me explain in detail (with charts) how and why my most recent analyses confirm my earlier target of $4,500.] Words: 1085