Thursday , 2 May 2024

Search Results for: fiat

Gold $5,000 & Silver $200? Market Reality Is Not Until… (+2K Views)

So many headlines are saying “$5,000 Gold; $10,000 Gold; Silver, The Investment of the Decade,” etc, etc, etc. Will that happen? A history of failed fiat currencies says "yes". When will it happen? That is the question few articles address because they simply have no clue, beyond their sensationalized headlines. Who can best answer that question? It is not "who can", but "what can", and that comes from the market itself - ever the most reliable source. The answers may not always satisfy, but the market is never wrong [and this is what the market is saying]. Words: 590

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“Economic Straight Talk” on Gold, Rogers, Roubini & the Economy

The Economic Straight Talk Newsletter gives you balanced views and contextual comments that save you time. The newsletter's objective is to help you keep up to date, gain new ideas, better trade and invest, better communicate with your investment advisor if you have one, and importantly make your own ‘penny drop’. Take a look.

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Coming Soon: Further Devaluation by Deception

The euphoria, New Year’s Eve at the Big Casino, continues but the price will be high when it all ends and it will end because it is not this or that asset class that is in a bubble but the entire world that is a giant soap bubble that will float until the heat of the sun pops the thing in one ugly mess. I fear that subprime loans, dot.com fantasies, and the S&L crisis will pale when we are done with this party because, my friends, the bill for the festivities must get paid.

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Monty Pelerin Cuts Through All The Economic Noise To Tell It Like It Really Is! (+2K Views)

I read many hundreds of articles every week looking for writers who have an in-depth understanding of our economy and who are not reticent to tell it like it is. Monty Pelerin (a pseudonym) does just that week after week, year after year. This post includes introductory paragraphs and links to 25 of his most enlightening and current articles. Take a look. There are bound to be several that will grab your interest.

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Goldrunner: These Fundamental Charts Say “Gold Is Getting Ready to Run!”

The U.S. Dollar is being very aggressively devalued in a parabolic...[manner] as we enter the final stage in the paper currency cycle. The government needs Gold to go vastly higher so the budget can be balanced after all of the paper promise debts are added to the balance sheet. Interestingly, Michael Belkin, arguably one of the best analysts in the world, expects earnings for companies to plunge this year causing the DJIA to crater about 30%. This fits with the kind of correction in the now high flying DJIA that we have discussed per the late 70’s charts where Gold and the Dow would meet between 10,000 and 12.000. Words: 1022

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The Currency War: Which Country Will End Up With the Fastest Currency in the Race to the Bottom?

We believe that we are in the “competitive devaluation” stage presently [see graph below] as country after country is printing money in order to lower rates and doing whatever possible to devalue their currency - to have the fastest currency in the...race to the bottom - in order to export their goods and services. [The next stage will be protectionism and tariffs. This article gives an update on the race to debase.]

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