Our argument is not that gold makes a bad investment or that no one should own gold but, rather, that gold does not work well as inflation protection but, rather, that the price of gold moves based on investor sentiment

This article breaks the concept of market capitalization down and shows some of the unintuitive nuances of how it works.

The U.S. economy is literally on perpetual life support. Recent events show too clearly that unless fiscal and monetary stimulus continues, the economy will fail and, by extension, the stock market...

  …In basic terms, the United States is going broke. We’re heading for a sovereign debt crisis. I don’t say that for effect. I’m not looking to scare people or to make a splash. That’s just an honest assessment based on the numbers. There’s no way out of the debt death trap. Or is there? There is actually a way …

Greed is a powerful motivator, but in the extreme it is cause for fear. Below we provide 10 reasons to be fearful.

To hear Federal Reserve officials, politicians and mainstream financial media pundits tell it there is no inflation... but inflation defined correctly is rampant. In fact, it is at all-time record levels.

Canadian home prices have been growing at a breakneck speed, and incomes aren’t even close to keeping up. Organisation for Economic Co-operation and Development (OECD) numbers show Canada topped the house price-to-income index.

Individuals are long-term investors only as long as the markets are rising. Despite endless warnings, repeated suggestions and outright recommendations - getting investors to sell, take profits and manage...[their] portfolio risks is nearly a lost cause as long as the markets are rising. Unfortunately, by the time the fear, desperation or panic stages are reached it is far too late to act and I will only be able to say that I warned you [- unless you take the time to read, and study the contents of this article]. Words: 1945; Charts: 10; Tables: 1

A meme is now circulating that gold is the investment equivalent of a pet rock, and that the smart investor should sell gold, and buy stocks. That’s a ridiculous notion. In fact, if you believe in buying low and selling high, this is the time to buy gold, and sell stocks.

Many households, financial and non-financial firms and government, may well spend the next decade in debtor’s prison having to tighten their belts to pay for the losses inflicted by a decade of reckless leverage, over-consumption and risk taking. What fools we have been for living beyond our means all these years and taking no fiscal responsibility for our future well-being in the false hope that there always would be a ‘greater fool’ out there than us. Words: 1230