The gold bubble is about to burst...the decisive move is coming within weeks! Selling has been heavy, key technical levels have been broken, important moving averages have been violated, and momentum is building to the downside. The upcoming drop could be severely sharp. [Let me explain why that is the case.] Words: 1239
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Gerald Celente: Entire Financial House of Cards About to Collapse – Got Gold?
"The entire financial system is in collapse. It’s not about the Greeks, Spanish, Italians, English, Americans, the Chinese, it’s about everybody. That’s what we’re looking at, and...I believe a tidal wave entrance into gold will happen when there’s a real collapse and catastrophe that they can’t paper over anymore. When does the crash point happen? No one can tell, but all of the cards are in place for the house of cards to collapse.”
Read More »These 63 Charts Say: The Economy Is MUCH More Important Than the Election or Either Political Party
"The most important issue in this year's election is the economy. Unfortunately, this topic has now been "politicized," which means that you can't talk about it without being instantly cheered or jeered by fans of each respective political team...[the truth of the matter, however, is that] the economy is much more important than this year's election or either political team....The first step is getting past the political blame-game and understanding what's wrong.... Let's go to the charts."
Read More »My Rationale For Owning Gold (+2K Views)
Gold is not a solution to investing problems. It is an insurance policy against an inflationary explosion. The higher the probabilities of inflation, the more gold I hold. [Let me explain.] "Monty Perelin" - www.economicnoise.com
Read More »The Scene is Set: The Euro – and Other Currencies – Will Collapse Resulting In a Hyperinflationary Depression (+2K Views)
It’s incredible that the Mayans forecast 2012 would be the end of a major era. It looks, today, like we are standing on the eve of massive changes in the world that will have consequences for a long, long time to come. The scene is already set....the euro will collapse, and...other major currencies will collapse. The consequences of these (eventual) collapses will be horrible because we will have a hyperinflationary depression.
Read More »Eventual Rise in Interest Rates Will Be Downfall of U.S. – Here’s Why (+3K Views)
Everyone who purchases a Treasury bond is purchasing a depreciating asset. Moreover, the capital risk of investing in Treasuries is very high. The low interest rate means that the price paid for the bond is very high. A rise in interest rates, which must come sooner or later, will collapse the price of the bonds and inflict capital losses on bond holders, both domestic and foreign. The question is: when is sooner or later? The purpose of this article is to examine that question. Words: 2600
Read More »This Will NOT End Well – Enjoy It While It Lasts – Here’s Why (+5K Views)
...The US Government and its catastrophic fiscal morass are now viewed by the world as a ‘safe haven’. This would easily qualify for a comedy shtick if it weren’t so serious....[but] the establishment is thrilled with these developments because it helps maintain the status quo of the dollar standard era. However, there are some serious ramifications that few are paying attention to and are getting almost zero coverage from traditional media. [Let me explain what they are.] Words: 1150
Read More »Austerity or Growth: Which is the Solution to the Plight of the Developed World?
With 10 year Treasuries yielding 1.6% in the United States, some argue that higher deficits are warranted. As the discussion below shows, the logic behind that view is fundamentally flawed, if not reckless. Words: 1238
Read More »David Rosenberg: These 51 Charts Show the Economy to be a Total Disaster
The U.S. economic recovery has been weak and the looming fiscal cliff threatens to act as a further drag on the economy. Europe is imploding with the chances of a 'Grexit' increasing, and Spain's economy deteriorating and risking contagion. David Rosenberg looks at the state of the U.S. and global economy via 51 depressing charts.
Read More »Nouriel Roubini: Economic Clouds Are Rolling In From Every Direction – Batten Down the Hatches! (+2K Views)
Dark...financial and economic clouds are, it seems, rolling in from every direction: the eurozone, the United States, China, and elsewhere. Indeed, the global economy in 2013 could be a very difficult environment in which to find shelter.
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