Sunday , 19 May 2024

Search Results for: depression

“GOLDRUNNER: BIG PICTURE GOLD- PART 1-THE ONLY GOLD CHART YOU NEED”

The 73 week exponential Moving average shown on the chart in red is the kind of simple indicator that can give the long-term investor the confidence to invest/ stay invested in Gold. We can see on the chart that since the inception of the Gold Bull Market down at the “Entry for Gold Bull” label, Gold has only briefly fallen below the RED LINE 2 times.

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What’s Coming: A "Fiscal Meat Grinder," A "Fiscal Cliff" and a Potential "Major Market Meltdown"! (+3K Views)

The International Monetary Fund, the U.S. Congressional Budget Office, the National Association of Manufacturers and many other authorities are now warning that with the largest tax increase in U.S. history — plus the largest government spending cuts our nation has ever seen - one of the deadliest financial crises in U.S. history is set to strike the U.S. economy beginning this coming New Year's Day. Barring a miracle in Washington..... Words: 1028

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Quote Of The Day

Doug Casey commenting on the past and the future: What we experienced in the 1930s was a deflationary depression where billions of dollars were wiped out with a stock market collapse, bond defaults, and bank failures. Inflationary money that was created since the formation of the Federal Reserve in 1913 was wiped out. Prices went down. This depression will be …

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Economists Agree: The Gold Standard Is a Barbarous Relic that Belongs In the Dustbin of History! Here's Why

The gold standard is a solution in search of a problem. Actually, it's worse than that. It's a problem in search of a problem. Prices would have to fall a great deal if we adopted the gold standard today. In other words, it would turn the imagined problem of price stability into a real problem of price stability. And, of course, this ensuing deflation would send the economy into a death spiral due to still high levels of household debt. [Let me explain further.] Words: 910

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QE Is A Flawed, No Win, Strategy – Here's Why

Lately, nearly every piece of economic data is judged based on the degree to which investors perceive it will encourage/discourage central banks from embarking on a new round of quantitative easing (QE). Generally, bad data and subdued inflation is good because it means the Fed has both cause and room to ease, while good data and higher inflation are bad as they eliminate the need for easing and increase the chance that any asset purchases may contribute to already rising prices. That tendency to judge economic data in such a way is wrongheaded. [Let me explain why that is the case and more.] Words: 755

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