The deficits aren't going to stop anytime soon. The debt mountain will keep growing...Obviously, the debt can't keep growing faster than the economy forever, but the people in charge do seem determined to find out just how far they can push things....The only way for the politicians to buy time will be through price inflation, to reduce the real burden of the debt, and whether they admit it or not, inflation is what they will be praying for....[and] the Federal Reserve will hear their prayer. When will the economy reach the wall toward which it is headed? Not soon, I believe, but in the meantime there will be plenty of excitement. [Let me explain what I expect to unfold.] Words: 1833
Read More »Search Results for: fiat
Shilling: Chief Pooh-pooher of Market Enthusiasm for Good Reasons – Do You Agree?
Economist Gary Shilling, excellent forecaster of past recessions and chief pooh-pooher of today’s market enthusiasm, thinks consumers are in worse shape than they’re letting on ...[and,] while his general pessimism puts him very much at odds with the market for the first few months of the year, it looks like he’s gaining some followers. [Take a look at his] point-by-point explanations of his opinions, [supported by charts , and see if you, too, come to the same conclusions.] Words: 740
Read More »High Inflation is Coming but Hyperinflation is Highly Unlikely – Why is That? (+3K Views)
People get confused about the nature of mass inflation, hyperinflation, and what causes both. [Let me clarify the nature and causes of each.] Words: 930
Read More »What Does 'Structural' Unemployment Mean? What Does It Mean for Future Economic Growth ?
It is important when your read articles on Job Reports that you understand what Structural Unemployment is, and what it means to economic growth. [This short article will attempt to do just that.] Words: 432
Read More »Vaulted Gold: What Is It and How Does It Compare With Other Gold Investments? (+3K Views)
The infographic below on vaulted gold explains what vaulted gold is and visualizes key facts relating to investments in gold that is stored on behalf of investors in high-security vaults.
Read More »Richard Russell: NOW is the Time to Begin Amassing Your Future Fortune – Here's Why and How
Great fortunes are made at super-bear market lows but you must have the money at the lows. [That is precisely] why gold is so singular and valuable. If you have gold at the bottom of the next bear market, you can exchange it for a collection of great common stocks or funds, and then sit back and relax.
Read More »Gold's Current Bull Market Will Be Even Bigger Than The One In The 1970s – Here's Why
The fundamentals supporting a mania in gold and gold stocks are such that I think a strong case can be made [to support my contention] that the current bull market in gold is far stronger than the one from the 1970s. [I present below] the major observations I feel...support such a thesis. Words: 700
Read More »Campbell's Challenge: 'Think for Yourself' When Reading This Article on Gold!
It doesn’t take a rocket scientist to figure out that the technical picture for gold has been rapidly deteriorating...and a look at the longer term charts makes it clear that we have just witnessed a head and shoulders formation that has dramatically failed. The chip shot on the downside for gold here is $1,500 [maybe even] $1,450. Bring a double dip scare for the economy into the picture, which I expect to see this summer, and $1,100 is a possibility. If you get a real stock market crash in 2013, as many analysts are predicting, and you’ll get another chance to buy at $750. [That being said,] long term, I still like gold and expect it to hit the old inflation adjusted high of $2,300 during the next hard asset buying binge - but remember also that long term, we are all dead. Words: 900
Read More »Is Gold the Ultimate Inflation Fighter It Is Claimed to Be? (+2K Views)
Below is a synopsis of, and comments on, a very well balanced article on physical gold which is rather rare in this day and age. The article challenges everyone who owns gold, or is considering owning gold, to think for themselves, and then come to their own conclusions as to whether physical gold is, indeed, the ultimate inflation hedge that it is so often claimed to be. Words:800
Read More »Save Time & Stay Informed: Read These 8 `Speak for Themselves` Economic Headlines From Around the World
The 8 headlines below have been personally filtered this morning from over 1,200 articles canvassing economic and resource news. Reading these headlines will keep you better informed, and will save you time. If you are so inclined you can read the full articles using the links provided. Words: 608
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