We are going to get more money printing...[yet,] somehow, guys who want to buy stocks at 1,400 on the S&P all conclude that the Fed is going to stop easing...I just don't understand [when] the consequences of money printing are going to be more inflation and the metals (gold and silver) are going to be a big beneficiary of that.
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MarketWatch Posts the Most Deceptive and Dangerous Financial Headline – EVER! Here's Why
MarketWatch's headine last Friday read You Have to Play to Win: U.S. stocks' stellar performance so far in 2012 is remarkable in part for the enemic trading volumns that have accompanied Wall Street's rise, and those on the sidelines, as with the lottery, stand no chance. I believe that this may be the single most deceptive and dangerous financial headline I have ever seen published by such an influential provider of financial information. [Let me explain why I think that is the case.] Words: 1232
Read More »Is Gold About to Go Parabolic to $3,495 in June ’13; $10,899 in Sept. ’14 and Top Out at $31,672 on Jan. 16, 2015? (+3K Views)
According to a recent Elliott Wave theory analysis gold is about to go parabolic reaching $3,495 in June 2013, $6,233 in April 2014, $10,899 in Sept. 2014, $18,712 in December 2014 and culminating in a parabolic peak price of $31,672 on January 16th, 2015! See the chart below. Words: 600
Read More »Average American Workers Waste 26% of Every Workday! Here's What They Do
American workers are wasting 26% of every 8 hour workday - that's 2.09 hours - excluding lunch or scheduled break time! Who's wasting the most time, and what are they doing? Find out in this extremely informative infographic.
Read More »Campbell: Balanced Opinions Regarding Gold & Silver are Paramount – Here’s Why
If you hold, or are considering holding, physical gold or silver or both, [it is imperative that you] read as many 'balanced opinions' as you possibly can with respect to ownership of each. [Here's why]. Words: 337
Read More »David Dreman More Accurately Forecasts Market Trends Than Most Anyone Else – Here Is His Record
We evaluate here the commentary of David Dreman at Forbes.com regarding the stock market via his archived articles since the beginning of 2001 [and what an accomplished record it is. He is tied for second place with Ken Fisher with a 64% accuracy rating which is well above the 46% rating of a list of 36 of his peers. Jack Schannep is the most accurate at 66%. Below are his market forecasts on specific sectors of the market over the years compared to how well said sectors actually did.] Words: 1706
Read More »John Hathaway: Gold Has Bottomed & Is Setting Up for a BIG Move – Here's Why
We are making a very important bottom here [in gold]. This is rock bottom sentiment and a buying opportunity... Gold has made a higher low in my opinion. It has not revisited the levels of last December and I think its setting up for a big move here. What is it that is still ahead of us that could take gold to new highs? [Let me explain.]
Read More »Lassonde on Gold: "What can we expect? I think we can expect fireworks…." Here’s Why (+2K Views)
“There’s no cliff here. There’s no need to panic whatsoever...[In] the two previous bull markets in gold, 1980 and 1934, gold ended at essentially a 1/1 ratio with the Dow Jones and the Dow today is over 13,000. Would I be surprised to see gold past $10,000? No. I know it sounds crazy but it sounds a heck of a lot less crazy than it did five or six years ago.”
Read More »Statistics Canada: Typical Borrower Owes $115,000+, Albertans $158,000+, Home "Owners" $161,000+
StatsCan released a major report Friday that outlines the overall debt situation of Canadians... It only measured what is owed by Canadians who carry any form of debt, not those that are debt free, and according to the report, the typical borrower owed an average of $114,400 as of 2009. That number, however,...is almost certainly higher today due to...[the fact that] low lending rates have been at 1% since early 2008...More worrisome could be that two-thirds of all Canadians who carry debt owe more than the average. Words: 585
Read More »The Surprising Side Effects of Rising College Costs
The rising cost of college tuition translates into many students re-evaluating higher education, their future professional careers as well as other major life decisions. Find out more in our very enlightening infographic on The Surprising Side Effects of Rising College Costs.
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