This short video - on the unsustainability of government spending - should be watched by everyone, including those not yet old enough to vote. It should be shown in every high school and college classroom. Anyone that cannot understand this presentation should not be allowed out without a guardian.
Read More »Search Results for: deflation
Quote Of The Day
Doug Casey commenting on the past and the future: What we experienced in the 1930s was a deflationary depression where billions of dollars were wiped out with a stock market collapse, bond defaults, and bank failures. Inflationary money that was created since the formation of the Federal Reserve in 1913 was wiped out. Prices went down. This depression will be …
Read More »Economists Agree: The Gold Standard Is a Barbarous Relic that Belongs In the Dustbin of History! Here's Why
The gold standard is a solution in search of a problem. Actually, it's worse than that. It's a problem in search of a problem. Prices would have to fall a great deal if we adopted the gold standard today. In other words, it would turn the imagined problem of price stability into a real problem of price stability. And, of course, this ensuing deflation would send the economy into a death spiral due to still high levels of household debt. [Let me explain further.] Words: 910
Read More »Are Preparations Being Made For Worldwide Financial Collapse? (+3K Views)
Something really strange appears to be happening. All over the globe, governments and big banks are acting as if they are anticipating an imminent financial collapse. Here's some of what is being said and is apparently happening. Words: 1200
Read More »QE Is A Flawed, No Win, Strategy – Here's Why
Lately, nearly every piece of economic data is judged based on the degree to which investors perceive it will encourage/discourage central banks from embarking on a new round of quantitative easing (QE). Generally, bad data and subdued inflation is good because it means the Fed has both cause and room to ease, while good data and higher inflation are bad as they eliminate the need for easing and increase the chance that any asset purchases may contribute to already rising prices. That tendency to judge economic data in such a way is wrongheaded. [Let me explain why that is the case and more.] Words: 755
Read More »Soros Selling Stocks and Stacking Gold! Should We Be Buying More Gold Too?
When a major global player with direct ties to the White House, Wall Street, and the banking system starts off-loading stocks and starts stacking gold, it suggests a very serious market move is set to happen - and that is just what George Soros has done according to his latest 13-F report filing. [Should we buy more gold too?] Words: 484
Read More »"Monty Pelerin’s" Best At Cutting Through the Economic Noise
No one cuts through the economic noise better than the writer who posts articles under the pseudonym "Monty Pelerin" - so much so that the 30 posted on munKNEE.com and have, on average, received more reads than any of the 1,700 others on the site. His articles are all timely (and some even timeless) in nature so, in case you missed one or two along the way, below is a link to a page that highlights each of his articles on the site with a descriptive introductory paragraph to each article. I dare you to read just one!
Read More »Why Gold Should Peak in June 2013 & Why 3 Stocks Should Outperform ALL Others!
The 21 month time frame for the next gold peak, the $30 trillion price tag for the debt, and the 64 month bull market fractal for money printing are all coming together squarely at the same date - June 2013. [That being determined, the best place to invest to take full advantage of the parabolic peak is in the stock of gold (and silver) royalty companies, or better yet, in the long term warrants of the two such companies that offer them. Let me explain my case.] Words: 1350
Read More »I'm Worried About the Likelihood of a Sharp Market Decline This Fall – For These Reasons
Back in April and May, it looked like the economy was falling apart, the euro was going to come unglued, and stocks were going to plunge. Sentiment was extremely bearish and volatility was jumping. Now in August, you can't find a bear anywhere on Wall Street! Me? I continue to be worried about the likelihood of a sharp market decline this fall for several reasons which I share with you below. Words: 495
Read More »These 6 Factors Suggest Avoiding Equities in the Foreseeable Future (+2K Views)
The six factors discussed in this article suggest a near-term peak for equity markets, avoiding fresh exposure to equities at these levels and selling some of one's equity holdings. Long-term investors can still ignore the volatility and buy quality stocks, however, it would make more sense to buy the same stocks after the markets decline 10%-15% than buying it at current levels. [Let me explain more fully.] Words: 665
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