Inflationary periods are highly unjust. They undermine the ethics of hard work and thrift. They destroy solidarity, lead to widespread hardship and often to social unrest. Gold, in contrast, has been the best hedge as investors seek to protect themselves against the large purchasing power losses of inflated currencies.
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The American Way: Living “The” Lie (+4K Views)
Appearances are all that seem to matter in our society today. Dying in debt will be common place in the coming years. Fully 21% of Americans say they don’t think they will be able to pay off their debts — including their car, credit cards, student loans and mortgages — in their lifetime. Our debt addict society is dying of an overdose.
Read More »Latest Q Ratio Illustrates Just How Overvalued the Stock Market Currently Is
The Q Ratio, the total price of the market divided by the replacement cost of all its companies, is a popular method of estimating the fair value of the stock market and it illustrates the secular trend toward higher valuations.
Read More »The Breakdown of the Monetary System Will Be Chaotic – Got Gold? (3K Views)
We have entered the endgame for the dollar as the dominant reserve currency and most investors and policy makers are unaware of the implications - but those who are will have positioned themselves in the one asset most likely to be left standing when the dust settles - gold.
Read More »The Average Annual Expenses Related To Getting a 4-yr College Degree Since 1971
This article reviews the average costs of attending four-year public and private colleges nationwide since 1971. Both figures include tuition, fees, and room and board.
Read More »The Road To $10,000 Gold: What Could Unfold Over the Next Few Years
My long standing target for gold of $10,000 in today’s money and much, much higher in inflationary terms, is now more probable than ever but I hope it will never be achieved. When gold goes to $10,000, It will not just reflect inflation and falling currencies like in the 1970s but a much more serious or even catastrophic situation both in the U.S. and globally so let’s look at a potential scenario for the next few years. This is obviously not a forecast but more of a rough sketch of what could happen:
Read More »What Should the New Normal Be For the Gold:Silver Ratio? (+3K Views)
Why do some analysts argue that the gold:silver ratio should reflect the relative rarities of the two metals in the ground and therefore be 10:1 or lower? I don’t know, but it isn’t a valid argument. Neither is the argument that the gold:silver ratio should be around 16:1 because that’s what it averaged for hundreds of years prior to the last hundred years. So, what should it be?
Read More »The IMF & BIS Have Issued 16 Warnings Of An Impending Financial & Social Crash – Are you listening? (+5K Views)
For several years, and in particular the last 12 months, the IMF (International Monetary Fund) and the BIS (Bank for International Settlements) have been issuing warning after warning - as outlined below - that the biggest financial and social crash in history is coming. Are you listening? The warnings are all well thought out with cogent logic and are not to be ignored!
Read More »Following “the 4% Rule” In Retirement Is Mostly Unnecessary – Here’s Why
If you’re planning for retirement, it won’t take long before you come across the 4% safe withdrawal rate which goes something like this:
Read More »How Much Can You Expect Your House To Appreciate By Each Year? You’ll Be Surprised – and Disappointed (+2K Views)
If you’re like most Americans your house is the largest component of your net worth, and, naturally, you would like to see it go up - but by how much? This article provides the surprising - and disappointing - answer.
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