There are several variations of Long Wave theory, but the most famous is based on the work of Nicolai Kondratieff, a Russian economist who gave the various stages seasonal names, with summer and autumn denoting the peak of financial speculation and winter the aftermath of the resulting crash. The conditions for a global catastrophic failure are in place. Snow (in the form of trillions of new dollars and euros) is falling. There’s no way to know which dollar (or which external event) will start the avalanche, but without doubt something will. [Let me expand on why I hold that view.] Words: 888
Read More »Search Results for: depression
QEunlimited is NOT Going to Save the U.S. Economy – Period! (+2K Views)
With the pop from the USFed’s latest attempt at financial shock and awe already seeping from lackluster markets, and the teleprompter news networks losing steam over their promotion of the same, it is time to take a look back at the decisions made on 9/13/2012 and set the record straight on some things.
Read More »Axel Merk: Six Reasons to Buy Gold Today
Price is determined by demand and supply and, going forward, demand for gold may continue to rise, while supply will remain constrained as it has since the beginning of time. With this backdrop, let’s explore some specific reasons investors may consider buying gold at today’s prices. Words: 1315
Read More »Egon von Greyerz: Gold & Silver Off to the Races – to $4,500+ & $100+ Each – Here’s Why (+3K Views)
The closing of the gold window back in August 1971 has led governments worldwide to create endless amounts of worthless paper money and the resulting credit bubble has created a world debt exposure of over US$ 1 quadrillion (including derivatives). It has also created perceived wealth for big parts of the world's population - a wealth which is only backed by promises to pay and by grossly inflated assets. Few people realise that this wealth is totally illusory and will implode considerably faster than the time it took to create it. [Let me explain.] Words: 890
Read More »QE 3 Will Actually SUPPRESS the Economy! Here's Why
The Fed professes that QE 3 or as I call it, QE Infinity (QEI), will create jobs but I am not sure how they can expect anybody to buy their rationale. As we know, QE 1 and QE 2 did very little in the way of creating jobs. Might the Fed realize that QE Infinity could actually be counter-productive to economic growth?
Read More »How Quantitative Easing Supposedly Works in 1 Simple Chart (+2K Views)
A recent short Wall Street Journal article included a chart that simplistically shows what is said to be the essence of the economic thrust of quantitative easing. The chart, reproduced here, is worth studying and thinking about.
Read More »Peter Schiff: QEternity Has Its Limits – Here’s Why (+2K Views)
The latest round of quantitative easing (an additional $40 billion a month until conditions improve) has been dubbed as "QEternity" or "QE-Infinity" by its critics but it will end much before that. We are witnessing a massive bubble in US government debt, and we've reached the point where no one in charge believes it will ever end - an excellent contra-indicator. [Let me explain.] Words: 720
Read More »Which Gold Stocks Should You Buy? Look at These Choices
Just because central bankers are printing money does not mean that...investors should just buy gold companies at random. They still have to consider valuation [and this article does just that]. Words: 1017
Read More »Yardeni & Dent: Will It Be Trick or Treat for Investors This October? Is a Stock Market Crash Coming? (+2K Views)
What's the first thing that comes to mind when investors hear the word October? Ghoulish Halloween costumes? Nope. Memories of World Series heroics from slugger Reggie Jackson, better known as Mr. October? Nope. Stock market crashes? Bingo! Words: 1477
Read More »What is the Best Way to Inflation-Proof Your Portfolio? Here are the Options and Recommendations (Almost 2K Views)
With investors concerned about inflation it begs the following questions: "What is the best way to attempt to inflation-proof ones' portfolios? Buy TIPS? Short Treasury bonds? Stocks? Real Estate? Commodities? Gold? Currencies?...[In this article we review each option and come to a conclusion as to how best to hedge the risk of inflation.] Words: 1672
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